Cerity Partners LLC Acquires 44,282 Shares of Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

Cerity Partners LLC lifted its position in shares of Spirit AeroSystems Holdings, Inc. (NYSE:SPR - Free Report) by 59.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 119,111 shares of the aerospace company's stock after buying an additional 44,282 shares during the period. Cerity Partners LLC owned about 0.10% of Spirit AeroSystems worth $3,872,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. CANADA LIFE ASSURANCE Co raised its stake in shares of Spirit AeroSystems by 7.6% during the first quarter. CANADA LIFE ASSURANCE Co now owns 12,968 shares of the aerospace company's stock worth $468,000 after acquiring an additional 921 shares in the last quarter. Public Employees Retirement System of Ohio raised its position in Spirit AeroSystems by 7.9% in the 1st quarter. Public Employees Retirement System of Ohio now owns 47,226 shares of the aerospace company's stock worth $1,703,000 after purchasing an additional 3,454 shares during the period. California State Teachers Retirement System raised its position in Spirit AeroSystems by 3.2% in the 1st quarter. California State Teachers Retirement System now owns 115,912 shares of the aerospace company's stock worth $4,181,000 after purchasing an additional 3,562 shares during the period. Comerica Bank boosted its position in Spirit AeroSystems by 47.9% during the first quarter. Comerica Bank now owns 6,929 shares of the aerospace company's stock valued at $250,000 after buying an additional 2,244 shares during the period. Finally, SG Americas Securities LLC purchased a new stake in Spirit AeroSystems during the second quarter valued at about $1,211,000. Institutional investors own 93.59% of the company's stock.

Spirit AeroSystems Trading Down 0.5 %

NYSE SPR traded down $0.17 during trading on Friday, hitting $32.36. The company had a trading volume of 1,487,439 shares, compared to its average volume of 2,978,862. The company's fifty day moving average is $32.08 and its 200-day moving average is $32.78. The company has a market cap of $3.78 billion, a price-to-earnings ratio of -2.61 and a beta of 1.84. Spirit AeroSystems Holdings, Inc. has a one year low of $25.16 and a one year high of $37.08.

Spirit AeroSystems (NYSE:SPR - Get Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The aerospace company reported ($3.03) earnings per share (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 the consensus estimate of $1.83 billion. As a group, equities analysts anticipate that Spirit AeroSystems Holdings, Inc. will post -12.76 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on SPR. StockNews.com initiated coverage on Spirit AeroSystems in a research note on Sunday, November 24th. They issued a "sell" rating for the company. Royal Bank of Canada reiterated a "sector perform" rating and issued a $37.25 price objective on shares of Spirit AeroSystems in a research report on Tuesday, August 20th. One analyst has rated the stock with a sell rating, sixteen have given a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $35.67.

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.