Oak Family Advisors LLC Makes New $999,000 Investment in Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

Oak Family Advisors LLC acquired a new position in Spirit AeroSystems Holdings, Inc. (NYSE:SPR - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 29,321 shares of the aerospace company's stock, valued at approximately $999,000.

Other hedge funds have also bought and sold shares of the company. National Bank of Canada FI raised its stake in shares of Spirit AeroSystems by 3,996.6% in the third quarter. National Bank of Canada FI now owns 2,500,000 shares of the aerospace company's stock valued at $81,275,000 after buying an additional 2,438,974 shares during the period. Alpine Associates Management Inc. purchased a new position in shares of Spirit AeroSystems in the third quarter worth about $77,296,000. Bank of Montreal Can raised its position in shares of Spirit AeroSystems by 1,744.2% in the third 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. ING Groep NV purchased a new stake in shares of Spirit AeroSystems during the third quarter worth $16,817,000. Finally, Harvest Management LLC grew its position in shares of Spirit AeroSystems by 84.8% in the third quarter. Harvest Management LLC now owns 483,000 shares of the aerospace company's stock valued at $15,702,000 after purchasing an additional 221,600 shares in the last quarter. 93.59% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on the company. TD Cowen upgraded Spirit AeroSystems to a "strong-buy" rating in a research report on Thursday, December 19th. StockNews.com initiated coverage on shares of Spirit AeroSystems in a report on Monday, January 27th. They issued a "sell" rating on the stock. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and one has given a strong buy rating to the company. According to MarketBeat, Spirit AeroSystems presently has an average rating of "Hold" and a consensus target price of $35.67.

Spirit AeroSystems Stock Down 2.8 %

SPR stock opened at $33.89 on Monday. The business has a 50 day moving average of $33.42 and a 200 day moving average of $33.30. Spirit AeroSystems Holdings, Inc. has a twelve month low of $25.50 and a twelve month high of $37.08.

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.

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