Barclays PLC Has $5.74 Million Holdings in Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

Barclays PLC reduced its holdings in shares of Spirit AeroSystems Holdings, Inc. (NYSE:SPR - Free Report) by 59.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 176,483 shares of the aerospace company's stock after selling 253,462 shares during the quarter. Barclays PLC owned 0.15% of Spirit AeroSystems worth $5,737,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company boosted its holdings in Spirit AeroSystems by 1.5% in the second quarter. The Manufacturers Life Insurance Company now owns 22,001 shares of the aerospace company's stock worth $723,000 after purchasing an additional 332 shares during the period. Ensign Peak Advisors Inc boosted its holdings in shares of Spirit AeroSystems by 1.4% in the 2nd quarter. Ensign Peak Advisors Inc now owns 35,466 shares of the aerospace company's stock valued at $1,166,000 after buying an additional 500 shares during the period. Inspire Investing LLC boosted its holdings in shares of Spirit AeroSystems by 6.4% in the 2nd quarter. Inspire Investing LLC now owns 10,689 shares of the aerospace company's stock valued at $351,000 after buying an additional 643 shares during the period. Arizona State Retirement System grew its position in shares of Spirit AeroSystems by 2.3% during the 2nd quarter. Arizona State Retirement System now owns 32,537 shares of the aerospace company's stock valued at $1,069,000 after buying an additional 724 shares during the last quarter. Finally, Quarry LP raised its stake in Spirit AeroSystems by 49.0% during the second quarter. Quarry LP now owns 2,285 shares of the aerospace company's stock worth $75,000 after acquiring an additional 751 shares during the period. 93.59% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently commented on SPR. StockNews.com began coverage on Spirit AeroSystems in a report on Wednesday. They set a "sell" rating for the company. TD Cowen upgraded Spirit AeroSystems to a "strong-buy" rating in a research note on Thursday. One analyst has rated the stock with a sell rating, sixteen have issued a hold rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $35.67.

Spirit AeroSystems Stock Up 0.3 %

Spirit AeroSystems stock traded up $0.09 during midday trading on Friday, hitting $33.26. The company's stock had a trading volume of 2,236,455 shares, compared to its average volume of 2,899,807. Spirit AeroSystems Holdings, Inc. has a 12 month low of $25.16 and a 12 month high of $37.08. The company has a market capitalization of $3.89 billion, a PE ratio of -2.68 and a beta of 1.82. The stock's 50-day moving average price is $32.16 and its 200-day moving average price is $32.99.

Spirit AeroSystems (NYSE:SPR - Get Free Report) last released its earnings results on Wednesday, October 23rd. The aerospace company reported ($3.03) EPS for the quarter, missing analysts' consensus estimates of ($0.16) by ($2.87). The company had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.83 billion. As a group, equities analysts anticipate that Spirit AeroSystems Holdings, Inc. will post -12.64 EPS for the current 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.