Charles Schwab Investment Management Inc. Has $43.61 Million Position in Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

Charles Schwab Investment Management Inc. lessened its position in Spirit AeroSystems Holdings, Inc. (NYSE:SPR - Free Report) by 6.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,341,403 shares of the aerospace company's stock after selling 86,408 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.15% of Spirit AeroSystems worth $43,609,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. CANADA LIFE ASSURANCE Co increased its stake in shares of Spirit AeroSystems by 7.6% during the first quarter. CANADA LIFE ASSURANCE Co now owns 12,968 shares of the aerospace company's stock valued at $468,000 after acquiring an additional 921 shares during the period. Public Employees Retirement System of Ohio increased its position in shares of Spirit AeroSystems by 7.9% during the 1st quarter. Public Employees Retirement System of Ohio now owns 47,226 shares of the aerospace company's stock valued at $1,703,000 after purchasing an additional 3,454 shares during the period. California State Teachers Retirement System raised its stake in shares of Spirit AeroSystems by 3.2% in the 1st quarter. California State Teachers Retirement System now owns 115,912 shares of the aerospace company's stock worth $4,181,000 after buying an additional 3,562 shares in the last quarter. Comerica Bank lifted its holdings in shares of Spirit AeroSystems by 47.9% in the first quarter. Comerica Bank now owns 6,929 shares of the aerospace company's stock valued at $250,000 after buying an additional 2,244 shares during the period. Finally, SG Americas Securities LLC bought a new position in Spirit AeroSystems during the second quarter valued at about $1,211,000. Institutional investors own 93.59% of the company's stock.

Analyst Ratings Changes

SPR has been the subject of a number of research analyst reports. Royal Bank of Canada reissued a "sector perform" rating and issued a $37.25 price target on shares of Spirit AeroSystems in a report on Tuesday, August 20th. StockNews.com started coverage on shares of Spirit AeroSystems in a research note on Monday. They issued a "sell" rating for the company. One equities research analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and one has given a buy rating to the company. According to MarketBeat.com, Spirit AeroSystems has an average rating of "Hold" and an average price target of $35.67.

Spirit AeroSystems Trading Up 1.1 %

NYSE SPR traded up $0.37 during trading on Monday, hitting $32.73. 1,146,443 shares of the company traded hands, compared to its average volume of 2,970,964. The company has a market capitalization of $3.83 billion, a P/E ratio of -2.63 and a beta of 1.84. The business has a fifty day simple moving average of $32.08 and a 200 day simple moving average of $32.81. Spirit AeroSystems Holdings, Inc. has a 12 month low of $25.16 and a 12 month high of $37.08.

Spirit AeroSystems (NYSE:SPR - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The aerospace company reported ($3.03) EPS for the quarter, missing the consensus estimate of ($0.16) by ($2.87). The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.83 billion. Equities research analysts predict that Spirit AeroSystems Holdings, Inc. will post -12.76 EPS for the current fiscal year.

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.