28,200 Shares in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) Acquired by Gardner Lewis Asset Management L P

Gardner Lewis Asset Management L P bought a new stake in Spirit AeroSystems Holdings, Inc. (NYSE:SPR - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 28,200 shares of the aerospace company's stock, valued at approximately $961,000.

A number of other large investors also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in Spirit AeroSystems by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 10,802,296 shares of the aerospace company's stock worth $368,142,000 after buying an additional 203,549 shares during the period. Norges Bank acquired a new position in shares of Spirit AeroSystems in the fourth quarter valued at about $105,879,000. Alpine Associates Management Inc. increased its position in Spirit AeroSystems by 30.1% during the fourth quarter. Alpine Associates Management Inc. now owns 3,092,584 shares of the aerospace company's stock worth $105,395,000 after acquiring an additional 714,984 shares during the period. National Bank of Canada FI raised its stake in Spirit AeroSystems by 3,996.6% in the 3rd quarter. National Bank of Canada FI now owns 2,500,000 shares of the aerospace company's stock worth $81,275,000 after purchasing an additional 2,438,974 shares in the last quarter. Finally, Bank of Montreal Can boosted its holdings in Spirit AeroSystems by 1,744.2% in the 3rd quarter. Bank of Montreal Can now owns 802,091 shares of the aerospace company's stock valued at $26,557,000 after purchasing an additional 758,599 shares during the period. Institutional investors own 93.59% of the company's stock.

Spirit AeroSystems Trading Down 0.7 %

Spirit AeroSystems stock traded down $0.23 during mid-day trading on Monday, reaching $34.49. The company had a trading volume of 1,206,484 shares, compared to its average volume of 1,211,807. The company has a market cap of $4.03 billion, a P/E ratio of -2.78 and a beta of 1.77. Spirit AeroSystems Holdings, Inc. has a fifty-two week low of $28.92 and a fifty-two week high of $37.08. The business has a fifty day simple moving average of $34.26 and a 200 day simple moving average of $33.21.

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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 firm had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.94 billion. Research analysts forecast that Spirit AeroSystems Holdings, Inc. will post -11.88 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on SPR. Royal Bank of Canada reissued a "sector perform" rating and set a $37.25 price target on shares of Spirit AeroSystems in a research report on Tuesday, February 11th. TD Cowen raised Spirit AeroSystems to a "strong-buy" rating in a report on Thursday, December 19th. Finally, StockNews.com initiated coverage on Spirit AeroSystems in a research note on Saturday, March 8th. They issued a "hold" rating for the company. Fifteen research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $36.00.

About Spirit AeroSystems

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.