Natixis Invests $18.81 Million in Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

Natixis purchased a new stake in Spirit AeroSystems Holdings, Inc. (NYSE:SPR - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 551,815 shares of the aerospace company's stock, valued at approximately $18,806,000. Natixis owned 0.47% of Spirit AeroSystems at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in SPR. Treasurer of the State of North Carolina increased its stake in shares of Spirit AeroSystems by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 50,980 shares of the aerospace company's stock worth $1,737,000 after purchasing an additional 320 shares in the last quarter. R Squared Ltd acquired a new position in Spirit AeroSystems in the 4th quarter valued at about $30,000. SBI Securities Co. Ltd. purchased a new position in Spirit AeroSystems in the 4th quarter valued at about $32,000. KBC Group NV boosted its stake in shares of Spirit AeroSystems by 24.4% during the 4th quarter. KBC Group NV now owns 5,733 shares of the aerospace company's stock worth $195,000 after purchasing an additional 1,126 shares during the last quarter. Finally, Byrne Asset Management LLC boosted its stake 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 worth $70,000 after purchasing an additional 1,390 shares during the last quarter. 93.59% of the stock is currently owned by hedge funds and other institutional investors.

Spirit AeroSystems Trading Down 0.1 %

SPR traded down $0.03 during trading on Friday, hitting $34.78. 364,492 shares of the company's stock were exchanged, compared to its average volume of 2,013,260. The stock has a 50 day moving average price of $33.60 and a 200 day moving average price of $33.18. Spirit AeroSystems Holdings, Inc. has a 1 year low of $27.00 and a 1 year high of $37.08. The firm has a market cap of $4.07 billion, a P/E ratio of -2.80 and a beta of 1.41.

Spirit AeroSystems (NYSE:SPR - Get Free Report) last issued its earnings results 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 firm had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.94 billion. Analysts forecast that Spirit AeroSystems Holdings, Inc. will post -11.88 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have commented on SPR shares. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $37.25 target price on shares of Spirit AeroSystems in a research note on Tuesday, February 11th. StockNews.com started coverage on Spirit AeroSystems in a research report on Saturday, March 8th. They issued a "hold" rating for the company. Fourteen investment analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Spirit AeroSystems presently has a consensus rating of "Hold" and an average target price of $36.56.

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.