Spirit AeroSystems Holdings, Inc. (NYSE:SPR) Shares Sold by Marshall Wace LLP

Marshall Wace LLP lessened its stake in shares of Spirit AeroSystems Holdings, Inc. (NYSE:SPR - Free Report) by 14.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 409,206 shares of the aerospace company's stock after selling 70,845 shares during the period. Marshall Wace LLP owned 0.35% of Spirit AeroSystems worth $13,946,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of SPR. Treasurer of the State of North Carolina grew its stake in shares of Spirit AeroSystems by 0.6% in 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 buying an additional 320 shares during the period. R Squared Ltd acquired a new position in Spirit AeroSystems in the fourth quarter valued at approximately $30,000. SBI Securities Co. Ltd. purchased a new position in Spirit AeroSystems in the fourth quarter worth approximately $32,000. KBC Group NV raised its position in Spirit AeroSystems by 24.4% in the fourth quarter. KBC Group NV now owns 5,733 shares of the aerospace company's stock valued at $195,000 after purchasing an additional 1,126 shares during the period. Finally, Byrne Asset Management LLC lifted its stake in shares of Spirit AeroSystems by 210.6% in the 4th quarter. Byrne Asset Management LLC now owns 2,050 shares of the aerospace company's stock valued at $70,000 after purchasing an additional 1,390 shares during the last quarter. Institutional investors and hedge funds own 93.59% of the company's stock.

Analysts Set New Price Targets

A number of research firms have commented on SPR. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $37.25 target price on shares of Spirit AeroSystems in a research report on Tuesday, February 11th. StockNews.com initiated coverage on shares of Spirit AeroSystems in a research report on Saturday, March 8th. They set a "hold" rating for the company. Fourteen analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $36.56.

Spirit AeroSystems Trading Up 0.3 %

NYSE:SPR traded up $0.12 during midday trading on Friday, reaching $34.93. The company had a trading volume of 1,285,321 shares, compared to its average volume of 2,014,593. The stock's fifty day simple moving average is $33.60 and its 200-day simple moving average is $33.20. Spirit AeroSystems Holdings, Inc. has a 12-month low of $27.00 and a 12-month high of $37.08. The firm has a market capitalization of $4.08 billion, a price-to-earnings ratio of -2.81 and a beta of 1.41.

Spirit AeroSystems (NYSE:SPR - Get Free Report) last announced its quarterly earnings data on Friday, February 28th. The aerospace company reported ($4.22) EPS for the quarter, missing analysts' consensus estimates of ($1.86) by ($2.36). The firm had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.94 billion. As a group, sell-side analysts expect that Spirit AeroSystems Holdings, Inc. will post -11.88 EPS for the current 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.