Spirit AeroSystems Holdings, Inc. (NYSE:SPR) Shares Bought by NBC Securities Inc.

NBC Securities Inc. raised its stake in Spirit AeroSystems Holdings, Inc. (NYSE:SPR - Free Report) by 113,966.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,110 shares of the aerospace company's stock after acquiring an additional 17,095 shares during the quarter. NBC Securities Inc.'s holdings in Spirit AeroSystems were worth $589,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in SPR. SBI Securities Co. Ltd. acquired a new position in shares of Spirit AeroSystems in the fourth quarter worth $32,000. Headlands Technologies LLC acquired a new position in shares of Spirit AeroSystems in the fourth quarter worth $67,000. Byrne Asset Management LLC raised its holdings in shares of Spirit AeroSystems by 210.6% in the fourth quarter. Byrne Asset Management LLC now owns 2,050 shares of the aerospace company's stock worth $70,000 after acquiring an additional 1,390 shares during the last quarter. Vestcor Inc acquired a new position in shares of Spirit AeroSystems in the fourth quarter worth $97,000. Finally, Senator Investment Group LP raised its holdings in shares of Spirit AeroSystems by 415.3% in the fourth quarter. Senator Investment Group LP now owns 92,000 shares of the aerospace company's stock worth $124,000 after acquiring an additional 74,145 shares during the last quarter. 93.59% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Wall Street Zen assumed coverage on Spirit AeroSystems in a report on Saturday, March 8th. They issued a "hold" rating for the company. Royal Bank of Canada reissued a "sector perform" rating and issued a $37.25 price target on shares of Spirit AeroSystems in a report on Tuesday, February 11th. Fourteen analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $36.56.

Spirit AeroSystems Stock Performance

Spirit AeroSystems stock traded up $0.26 during trading on Friday, hitting $37.94. The company's stock had a trading volume of 456,630 shares, compared to its average volume of 1,934,996. The stock has a market capitalization of $4.45 billion, a price-to-earnings ratio of -3.05 and a beta of 1.63. The stock's fifty day moving average is $35.28 and its 200 day moving average is $34.32. Spirit AeroSystems Holdings, Inc. has a 1-year low of $27.00 and a 1-year high of $38.43.

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. Spirit AeroSystems's revenue was down 10.6% compared to the same quarter last year. During the same period in the previous year, the company earned ($3.93) EPS. On average, research analysts anticipate that Spirit AeroSystems Holdings, Inc. will post -11.88 EPS for the current fiscal 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.