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

Harbor Capital Advisors Inc. purchased a new position in Spirit AeroSystems Holdings, Inc. (NYSE:SPR - Free Report) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 29,102 shares of the aerospace company's stock, valued at approximately $1,003,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Treasurer of the State of North Carolina raised its holdings 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 acquiring an additional 320 shares during the period. ProShare Advisors LLC boosted its stake in shares of Spirit AeroSystems by 10.0% in the 4th quarter. ProShare Advisors LLC now owns 7,731 shares of the aerospace company's stock valued at $263,000 after buying an additional 703 shares during the period. SBI Securities Co. Ltd. purchased a new position in shares of Spirit AeroSystems in the 4th quarter valued at about $32,000. Rafferty Asset Management LLC lifted its stake in Spirit AeroSystems by 5.0% during the fourth quarter. Rafferty Asset Management LLC now owns 29,930 shares of the aerospace company's stock worth $1,020,000 after purchasing an additional 1,418 shares during the last quarter. Finally, Swiss National Bank lifted its stake in Spirit AeroSystems by 0.7% during the fourth quarter. Swiss National Bank now owns 229,300 shares of the aerospace company's stock worth $7,815,000 after purchasing an additional 1,500 shares during the last quarter. Institutional investors and hedge funds own 93.59% of the company's stock.

Spirit AeroSystems Stock Down 1.9%

Shares of SPR traded down $0.70 during trading hours on Friday, reaching $36.76. The company's stock had a trading volume of 1,081,918 shares, compared to its average volume of 1,916,802. The company has a 50 day moving average of $35.98 and a two-hundred day moving average of $34.48. Spirit AeroSystems Holdings, Inc. has a 1-year low of $27.00 and a 1-year high of $39.00. The firm has a market cap of $4.31 billion, a price-to-earnings ratio of -2.96 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 the consensus estimate of ($1.14) by ($3.11). The business had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.74 billion. During the same quarter in the previous year, the business posted ($3.93) EPS. The firm's revenue was down 10.6% on a year-over-year basis. As a group, analysts forecast that Spirit AeroSystems Holdings, Inc. will post -11.88 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen initiated coverage on Spirit AeroSystems in a report on Saturday, March 8th. They issued a "hold" rating on the stock. Fourteen equities research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Spirit AeroSystems presently has a consensus rating of "Hold" and a consensus 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.