State Street Corp Has $169.32 Million Position in Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

State Street Corp cut its holdings in Spirit AeroSystems Holdings, Inc. (NYSE:SPR - Free Report) by 2.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,208,094 shares of the aerospace company's stock after selling 104,960 shares during the quarter. State Street Corp owned about 4.47% of Spirit AeroSystems worth $169,315,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. The Manufacturers Life Insurance Company raised its position in shares of Spirit AeroSystems by 1.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 22,001 shares of the aerospace company's stock valued at $723,000 after acquiring an additional 332 shares during the period. Ensign Peak Advisors Inc raised its holdings in Spirit AeroSystems by 1.4% in the second quarter. Ensign Peak Advisors Inc now owns 35,466 shares of the aerospace company's stock worth $1,166,000 after purchasing an additional 500 shares during the period. Inspire Investing LLC boosted its position in shares of Spirit AeroSystems by 6.4% during the second quarter. Inspire Investing LLC now owns 10,689 shares of the aerospace company's stock worth $351,000 after purchasing an additional 643 shares in the last quarter. Arizona State Retirement System grew its holdings in shares of Spirit AeroSystems by 2.3% in the 2nd quarter. Arizona State Retirement System now owns 32,537 shares of the aerospace company's stock valued at $1,069,000 after buying an additional 724 shares during the period. Finally, Quarry LP increased its position in shares of Spirit AeroSystems by 49.0% in the 2nd quarter. Quarry LP now owns 2,285 shares of the aerospace company's stock valued at $75,000 after buying an additional 751 shares in the last quarter. Institutional investors and hedge funds own 93.59% of the company's stock.

Analyst Upgrades and Downgrades

SPR has been the topic of several recent analyst reports. StockNews.com initiated coverage on Spirit AeroSystems in a report on Tuesday. They set a "sell" rating on the stock. Royal Bank of Canada reiterated a "sector perform" rating and set a $37.25 price objective on shares of Spirit AeroSystems in a report on Tuesday, August 20th. One research analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat, Spirit AeroSystems presently has a consensus rating of "Hold" and a consensus target price of $35.67.

Spirit AeroSystems Stock Up 1.5 %

SPR traded up $0.48 during trading hours on Friday, hitting $32.97. 1,532,204 shares of the company's stock were exchanged, compared to its average volume of 2,916,948. The stock has a market cap of $3.85 billion, a price-to-earnings ratio of -2.65 and a beta of 1.82. Spirit AeroSystems Holdings, Inc. has a 1-year low of $25.16 and a 1-year high of $37.08. The stock's 50-day moving average is $32.02 and its two-hundred day moving average is $32.90.

Spirit AeroSystems (NYSE:SPR - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The aerospace company reported ($3.03) EPS for the quarter, missing analysts' consensus estimates of ($0.16) by ($2.87). The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.83 billion. On average, equities research analysts anticipate that Spirit AeroSystems Holdings, Inc. will post -12.64 EPS for the current year.

Spirit AeroSystems Company 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.