15,268 Shares in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new position in Spirit AeroSystems Holdings, Inc. (NYSE:SPR - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 15,268 shares of the aerospace company's stock, valued at approximately $520,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. R Squared Ltd purchased a new stake in Spirit AeroSystems during the fourth quarter worth $30,000. Quest Partners LLC purchased a new stake in shares of Spirit AeroSystems during the 3rd quarter worth about $49,000. Byrne Asset Management LLC grew its position in shares of Spirit AeroSystems by 210.6% during the 4th quarter. Byrne Asset Management LLC now owns 2,050 shares of the aerospace company's stock valued at $70,000 after acquiring an additional 1,390 shares during the period. Geneos Wealth Management Inc. purchased a new position in shares of Spirit AeroSystems in the 4th quarter valued at about $149,000. Finally, KBC Group NV raised its holdings in Spirit AeroSystems by 20.1% in the 3rd quarter. KBC Group NV now owns 4,607 shares of the aerospace company's stock worth $150,000 after purchasing an additional 771 shares during the period. Institutional investors and hedge funds own 93.59% of the company's stock.

Spirit AeroSystems Trading Down 0.5 %

Spirit AeroSystems stock traded down $0.15 during mid-day trading on Thursday, hitting $33.18. The company's stock had a trading volume of 603,996 shares, compared to its average volume of 2,057,749. Spirit AeroSystems Holdings, Inc. has a 1 year low of $28.92 and a 1 year high of $37.08. The firm has a market capitalization of $3.88 billion, a PE ratio of -2.67 and a beta of 1.77. The stock's fifty day moving average is $34.04 and its two-hundred day moving average is $33.17.

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Spirit AeroSystems (NYSE:SPR - Get Free Report) last issued its quarterly earnings data on Friday, February 28th. The aerospace company reported ($4.22) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.86) by ($2.36). The company had revenue of $1.65 billion during the quarter, compared to analysts' expectations of $1.94 billion. On average, equities analysts expect that Spirit AeroSystems Holdings, Inc. will post -11.88 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on SPR shares. StockNews.com started coverage on Spirit AeroSystems in a research report on Saturday, March 8th. They set a "hold" rating on the stock. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $37.25 price target on shares of Spirit AeroSystems in a research note on Tuesday, February 11th. Finally, TD Cowen upgraded Spirit AeroSystems to a "strong-buy" rating in a research report on Thursday, December 19th. Fifteen analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently 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.