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

Spirit AeroSystems logo with Aerospace background

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.

View Our Latest Analysis on Spirit Aerosystems

Spirit Aerosystems Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Spirit Aerosystems (NYSE:SPR)

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