Caxton Associates LP Boosts Holdings in Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

Caxton Associates LP lifted its stake in Spirit AeroSystems Holdings, Inc. (NYSE:SPR - Free Report) by 113.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 51,607 shares of the aerospace company's stock after buying an additional 27,480 shares during the quarter. Caxton Associates LP's holdings in Spirit AeroSystems were worth $1,759,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. GABELLI & Co INVESTMENT ADVISERS INC. raised its position in shares of Spirit AeroSystems by 161.8% during the 4th quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 354,457 shares of the aerospace company's stock valued at $12,080,000 after buying an additional 219,057 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of 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 buying an additional 112,286 shares during the period. Proficio Capital Partners LLC purchased a new stake in shares of Spirit AeroSystems in the 4th quarter worth approximately $520,000. SBI Securities Co. Ltd. bought a new stake in Spirit AeroSystems during the 4th quarter valued at $32,000. Finally, Oak Family Advisors LLC bought a new stake in Spirit AeroSystems during the fourth quarter valued at about $999,000. Institutional investors own 93.59% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on SPR shares. Royal Bank of Canada reissued a "sector perform" rating and set a $37.25 price objective on shares of Spirit AeroSystems in a report on Tuesday, February 11th. StockNews.com assumed coverage on Spirit AeroSystems in a research note 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 given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $36.56.

Spirit AeroSystems Stock Down 0.3 %

Shares of Spirit AeroSystems stock opened at $35.84 on Tuesday. Spirit AeroSystems Holdings, Inc. has a fifty-two week low of $27.00 and a fifty-two week high of $37.08. The business's fifty day moving average is $33.82 and its two-hundred day moving average is $33.40. The firm has a market cap of $4.20 billion, a PE ratio of -2.89 and a beta of 1.63.

Spirit AeroSystems (NYSE:SPR - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The aerospace company reported ($4.25) EPS for the quarter, missing the consensus estimate of ($1.14) by ($3.11). The company had revenue of $1.52 billion for the quarter, compared to analysts' expectations of $1.74 billion. During the same quarter last year, the firm earned ($3.93) EPS. The business's revenue for the quarter was down 10.6% compared to the same quarter last year. Equities research analysts anticipate that Spirit AeroSystems Holdings, Inc. will post -11.88 EPS for the current year.

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.

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