Spirit AeroSystems Holdings, Inc. (NYSE:SPR) Shares Sold by Amundi

Amundi decreased its stake in shares of Spirit AeroSystems Holdings, Inc. (NYSE:SPR - Free Report) by 99.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,175 shares of the aerospace company's stock after selling 693,944 shares during the period. Amundi's holdings in Spirit AeroSystems were worth $40,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in SPR. R Squared Ltd purchased a new position in shares of Spirit AeroSystems during the fourth quarter valued at approximately $30,000. SBI Securities Co. Ltd. acquired a new position in Spirit AeroSystems in the 4th quarter valued at $32,000. Quest Partners LLC purchased a new position in shares of Spirit AeroSystems during the 3rd quarter worth $49,000. Byrne Asset Management LLC boosted 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 purchasing an additional 1,390 shares during the last quarter. Finally, Geneos Wealth Management Inc. purchased a new stake in shares of Spirit AeroSystems in the fourth quarter valued at $149,000. 93.59% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

SPR has been the topic of a number of research analyst reports. TD Cowen raised Spirit AeroSystems to a "strong-buy" rating in a research note on Thursday, December 19th. Royal Bank of Canada reiterated a "sector perform" rating and set a $37.25 price objective on shares of Spirit AeroSystems in a report on Tuesday, February 11th. Finally, StockNews.com began coverage on shares of Spirit AeroSystems in a report on Saturday, March 8th. They issued a "hold" rating for the company. Fifteen equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $36.00.

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Spirit AeroSystems Stock Performance

Shares of NYSE:SPR traded down $0.18 during midday trading on Wednesday, hitting $35.32. 667,076 shares of the company's stock traded hands, compared to its average volume of 1,980,890. The firm's fifty day moving average price is $34.18 and its two-hundred day moving average price is $33.18. Spirit AeroSystems Holdings, Inc. has a twelve month low of $28.92 and a twelve month high of $37.08. The company has a market cap of $4.13 billion, a PE ratio of -2.84 and a beta of 1.77.

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

Spirit AeroSystems 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.