Teacher Retirement System of Texas Invests $1.09 Million in Spirit Aerosystems Holdings, Inc. (NYSE:SPR)

Teacher Retirement System of Texas bought a new position in shares of Spirit Aerosystems Holdings, Inc. (NYSE:SPR - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 31,557 shares of the aerospace company's stock, valued at approximately $1,087,000.

A number of other large investors have also modified their holdings of SPR. Treasurer of the State of North Carolina boosted its position 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 valued at $1,737,000 after acquiring an additional 320 shares during the last quarter. ProShare Advisors LLC boosted its position in shares of Spirit Aerosystems by 10.0% during the 4th quarter. ProShare Advisors LLC now owns 7,731 shares of the aerospace company's stock valued at $263,000 after acquiring an additional 703 shares during the last quarter. KBC Group NV boosted its position in shares of Spirit Aerosystems by 23.1% during the 1st quarter. KBC Group NV now owns 7,055 shares of the aerospace company's stock valued at $243,000 after acquiring an additional 1,322 shares during the last quarter. Rafferty Asset Management LLC boosted its position in shares of Spirit Aerosystems by 5.0% during the 4th quarter. Rafferty Asset Management LLC now owns 29,930 shares of the aerospace company's stock valued at $1,020,000 after acquiring an additional 1,418 shares during the last quarter. Finally, Swiss National Bank boosted its position in shares of Spirit Aerosystems by 0.7% during the 4th quarter. Swiss National Bank now owns 229,300 shares of the aerospace company's stock valued at $7,815,000 after acquiring an additional 1,500 shares during the last quarter. Hedge funds and other institutional investors own 93.59% of the company's stock.

Spirit Aerosystems Trading Up 0.3%

Shares of SPR stock opened at $39.92 on Monday. The company's 50-day moving average price is $37.55 and its 200-day moving average price is $35.20. The stock has a market cap of $4.68 billion, a price-to-earnings ratio of -2.19 and a beta of 1.61. Spirit Aerosystems Holdings, Inc. has a twelve month low of $27.00 and a twelve month high of $40.39.

Spirit Aerosystems (NYSE:SPR - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The aerospace company reported ($4.25) earnings per share for the quarter, missing the consensus estimate 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. The company's revenue was down 10.6% on a year-over-year basis. During the same quarter last year, the firm posted ($3.93) earnings per share. As a group, equities research analysts predict that Spirit Aerosystems Holdings, Inc. will post -11.88 EPS for the current year.

Spirit Aerosystems 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.

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