Natixis Purchases Shares of 551,815 Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

Natixis bought a new position in shares of Spirit AeroSystems Holdings, Inc. (NYSE:SPR - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 551,815 shares of the aerospace company's stock, valued at approximately $18,806,000. Natixis owned 0.47% of Spirit AeroSystems at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. R Squared Ltd acquired a new position in shares of Spirit AeroSystems in the 4th quarter valued at approximately $30,000. SBI Securities Co. Ltd. acquired a new position in shares of Spirit AeroSystems in the fourth quarter valued at approximately $32,000. Headlands Technologies LLC bought a new stake in shares of Spirit AeroSystems during the fourth quarter worth $67,000. Byrne Asset Management LLC raised its holdings in shares of Spirit AeroSystems by 210.6% during the fourth quarter. Byrne Asset Management LLC now owns 2,050 shares of the aerospace company's stock worth $70,000 after acquiring an additional 1,390 shares during the period. Finally, Vestcor Inc bought a new stake in Spirit AeroSystems in the 4th quarter valued at $97,000. 93.59% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

SPR has been the topic of a number of research reports. Royal Bank of Canada restated a "sector perform" rating and issued a $37.25 price target on shares of Spirit AeroSystems in a report on Tuesday, February 11th. StockNews.com assumed coverage on Spirit AeroSystems in a research report on Saturday, March 8th. They set a "hold" rating for the company. Fourteen research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Spirit AeroSystems has a consensus rating of "Hold" and an average target price of $36.56.

Spirit AeroSystems Trading Up 2.7 %

Shares of Spirit AeroSystems stock traded up $0.93 during trading on Wednesday, hitting $34.87. 1,931,863 shares of the stock were exchanged, compared to its average volume of 2,025,656. The company has a fifty day moving average price of $33.59 and a 200-day moving average price of $33.16. The stock has a market capitalization of $4.08 billion, a price-to-earnings ratio of -2.81 and a beta of 1.41. Spirit AeroSystems Holdings, Inc. has a 1-year low of $27.00 and a 1-year high of $37.08.

Spirit AeroSystems (NYSE:SPR - Get Free Report) last released its quarterly earnings data on Friday, February 28th. The aerospace company reported ($4.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.86) by ($2.36). The business had revenue of $1.65 billion during the quarter, compared to analysts' expectations of $1.94 billion. Equities research analysts forecast that Spirit AeroSystems Holdings, Inc. will post -11.88 EPS for the current fiscal year.

Spirit AeroSystems Company Profile

Spirit AeroSystems Holdings, Inc engages in the design, engineering, manufacture, and marketing of commercial aerostructures worldwide. It operates through three segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment offers forward, mid, and rear fuselage sections and systems, floor beams, nacelles, struts/pylons, horizontal and vertical stabilizers, flaps and slats flight control surfaces, wing structures, and wing systems.