Spirit AeroSystems Holdings, Inc. (NYSE:SPR) Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC boosted its holdings in shares of Spirit AeroSystems Holdings, Inc. (NYSE:SPR - Free Report) by 1,295.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 325,793 shares of the aerospace company's stock after acquiring an additional 302,439 shares during the period. SG Americas Securities LLC owned 0.28% of Spirit AeroSystems worth $11,103,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Ballentine Partners LLC purchased a new position in shares of Spirit AeroSystems during the fourth quarter valued at approximately $231,000. Oak Thistle LLC raised its stake in Spirit AeroSystems by 12.1% during the fourth quarter. Oak Thistle LLC now owns 14,568 shares of the aerospace company's stock valued at $496,000 after buying an additional 1,568 shares during the last quarter. FNY Investment Advisers LLC grew its stake in shares of Spirit AeroSystems by 100.0% in the fourth quarter. FNY Investment Advisers LLC now owns 10,000 shares of the aerospace company's stock worth $340,000 after acquiring an additional 5,000 shares during the last quarter. Wedmont Private Capital bought a new position in shares of Spirit AeroSystems during the fourth quarter valued at $253,000. Finally, JPMorgan Chase & Co. boosted its stake in Spirit AeroSystems by 32.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 462,837 shares of the aerospace company's stock worth $15,047,000 after purchasing an additional 112,286 shares in the last quarter. Institutional investors own 93.59% of the company's stock.

Spirit AeroSystems Stock Up 0.1 %

NYSE:SPR traded up $0.04 during midday trading on Friday, hitting $34.29. The stock had a trading volume of 666,245 shares, compared to its average volume of 1,111,272. The stock has a 50-day moving average of $33.11 and a 200 day moving average of $33.34. The company has a market capitalization of $4.01 billion, a price-to-earnings ratio of -2.76 and a beta of 1.81. 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 data on Wednesday, October 23rd. The aerospace company reported ($3.03) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($2.87). The company had revenue of $1.47 billion during the quarter, compared to analysts' expectations of $1.83 billion. On average, sell-side analysts anticipate that Spirit AeroSystems Holdings, Inc. will post -11.88 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on SPR shares. TD Cowen raised shares of Spirit AeroSystems to a "strong-buy" rating in a report on Thursday, December 19th. StockNews.com began coverage on Spirit AeroSystems in a research report on Sunday, January 19th. 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 assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $35.67.

Spirit AeroSystems 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.