29,102 Shares in Spirit Aerosystems Holdings, Inc. (NYSE:SPR) Bought by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. bought a new stake in shares of Spirit Aerosystems Holdings, Inc. (NYSE:SPR - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 29,102 shares of the aerospace company's stock, valued at approximately $1,003,000.

A number of other hedge funds have also recently made changes to their positions in SPR. Empowered Funds LLC bought a new position in Spirit Aerosystems during the 4th quarter valued at approximately $366,000. Rhumbline Advisers increased its holdings in shares of Spirit Aerosystems by 2.8% during the fourth quarter. Rhumbline Advisers now owns 125,037 shares of the aerospace company's stock valued at $4,261,000 after acquiring an additional 3,454 shares in the last quarter. State of New Jersey Common Pension Fund D increased its holdings in shares of Spirit Aerosystems by 15.8% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 65,928 shares of the aerospace company's stock valued at $2,247,000 after acquiring an additional 8,994 shares in the last quarter. Spectrum Financial Alliance Ltd LLC purchased a new position in shares of Spirit Aerosystems in the 4th quarter worth about $2,270,000. Finally, New York Life Investment Management LLC boosted its stake in Spirit Aerosystems by 37.7% in the 4th quarter. New York Life Investment Management LLC now owns 180,327 shares of the aerospace company's stock worth $6,146,000 after purchasing an additional 49,386 shares in the last quarter. 93.59% of the stock is owned by institutional investors.

Spirit Aerosystems Price Performance

NYSE SPR traded up $0.05 during trading hours on Tuesday, hitting $37.06. The company's stock had a trading volume of 1,111,773 shares, compared to its average volume of 1,909,450. Spirit Aerosystems Holdings, Inc. has a 12 month low of $27.00 and a 12 month high of $39.00. The company's 50 day simple moving average is $36.20 and its two-hundred day simple moving average is $34.56. The company has a market cap of $4.35 billion, a P/E ratio of -2.03, a price-to-earnings-growth ratio of 2.28 and a beta of 1.63.

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

Analysts Set New Price Targets

Separately, Wall Street Zen initiated coverage on shares of Spirit Aerosystems in a research note on Saturday, March 8th. They set a "hold" rating for the company. Fourteen research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Spirit Aerosystems presently has an average rating of "Hold" and an average price target 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.