Gamco Investors INC. ET AL Has $3.52 Million Stock Position in Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

Gamco Investors INC. ET AL grew its position in Spirit AeroSystems Holdings, Inc. (NYSE:SPR - Free Report) by 33.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 103,150 shares of the aerospace company's stock after buying an additional 25,950 shares during the quarter. Gamco Investors INC. ET AL owned approximately 0.09% of Spirit AeroSystems worth $3,515,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank purchased a new stake in shares of Spirit AeroSystems in the fourth quarter worth approximately $105,879,000. National Bank of Canada FI lifted its position in shares of Spirit AeroSystems by 47.2% in the fourth quarter. National Bank of Canada FI now owns 3,681,147 shares of the aerospace company's stock worth $125,453,000 after purchasing an additional 1,181,147 shares in the last quarter. Alpine Associates Management Inc. lifted its position in shares of Spirit AeroSystems by 30.1% in the fourth quarter. Alpine Associates Management Inc. now owns 3,092,584 shares of the aerospace company's stock worth $105,395,000 after purchasing an additional 714,984 shares in the last quarter. Bank of Nova Scotia lifted its position in shares of Spirit AeroSystems by 788.3% in the fourth quarter. Bank of Nova Scotia now owns 660,000 shares of the aerospace company's stock worth $22,493,000 after purchasing an additional 585,700 shares in the last quarter. Finally, SG Americas Securities LLC lifted its position in shares of Spirit AeroSystems by 1,295.0% in the fourth quarter. SG Americas Securities LLC now owns 325,793 shares of the aerospace company's stock worth $11,103,000 after purchasing an additional 302,439 shares in the last quarter. 93.59% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Spirit AeroSystems Stock Up 2.5 %

Shares of NYSE:SPR traded up $0.84 during trading on Wednesday, reaching $34.78. The stock had a trading volume of 763,305 shares, compared to its average volume of 1,314,533. Spirit AeroSystems Holdings, Inc. has a 52 week low of $27.00 and a 52 week high of $37.08. The firm has a market capitalization of $4.07 billion, a price-to-earnings ratio of -2.80 and a beta of 1.41. The stock has a fifty day simple moving average of $33.58 and a two-hundred day simple moving average of $33.15.

Spirit AeroSystems (NYSE:SPR - Get Free Report) last announced 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 firm had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.94 billion. On average, analysts forecast that Spirit AeroSystems Holdings, Inc. will post -11.88 EPS for the current 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.