347,849 Shares in Spirit Aerosystems Holdings, Inc. (NYSE:SPR) Bought by CIBRA Capital Ltd

CIBRA Capital Ltd bought a new position in shares of Spirit Aerosystems Holdings, Inc. (NYSE:SPR - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 347,849 shares of the aerospace company's stock, valued at approximately $11,987,000. Spirit Aerosystems accounts for approximately 4.1% of CIBRA Capital Ltd's portfolio, making the stock its 9th largest holding. CIBRA Capital Ltd owned approximately 0.30% of Spirit Aerosystems at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. GABELLI & Co INVESTMENT ADVISERS INC. lifted its holdings in shares of Spirit Aerosystems by 161.8% during the fourth quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 354,457 shares of the aerospace company's stock valued at $12,080,000 after purchasing an additional 219,057 shares during the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of Spirit Aerosystems in the 4th quarter valued at approximately $520,000. NBC Securities Inc. boosted its stake in Spirit Aerosystems by 113,966.7% in the 1st quarter. NBC Securities Inc. now owns 17,110 shares of the aerospace company's stock worth $589,000 after purchasing an additional 17,095 shares during the period. Twin Securities Inc. purchased a new position in Spirit Aerosystems during the 4th quarter worth approximately $1,177,000. Finally, SBI Securities Co. Ltd. purchased a new position in Spirit Aerosystems during the 4th quarter worth approximately $32,000. 93.59% of the stock is owned by institutional investors and hedge funds.

Spirit Aerosystems Stock Down 3.7%

Shares of NYSE:SPR traded down $1.44 during trading on Thursday, reaching $37.01. 310,466 shares of the company traded hands, compared to its average volume of 1,663,012. The firm has a fifty day simple moving average of $37.16 and a 200 day simple moving average of $34.94. Spirit Aerosystems Holdings, Inc. has a 1-year low of $27.00 and a 1-year high of $39.02. The firm has a market cap of $4.34 billion, a P/E ratio of -2.03, a price-to-earnings-growth ratio of 2.36 and a beta of 1.61.

Spirit Aerosystems (NYSE:SPR - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The aerospace company reported ($4.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.14) by ($3.11). The company had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.74 billion. The company's quarterly revenue was down 10.6% compared to the same quarter last year. During the same period last year, the company posted ($3.93) EPS. As a group, research analysts anticipate that Spirit Aerosystems Holdings, Inc. will post -11.88 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen assumed coverage on Spirit Aerosystems in a report on Saturday, March 8th. They issued a "hold" rating for the company. Twelve equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $36.88.

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.