Spirit AeroSystems Holdings, Inc. (NYSE:SPR) Shares Bought by Northern Trust Corp

Northern Trust Corp raised its holdings in Spirit AeroSystems Holdings, Inc. (NYSE:SPR - Free Report) by 13.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 565,069 shares of the aerospace company's stock after acquiring an additional 68,183 shares during the quarter. Northern Trust Corp owned approximately 0.48% of Spirit AeroSystems worth $19,258,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of SPR. Wedmont Private Capital bought a new position in Spirit AeroSystems in the 4th quarter valued at $253,000. FNY Investment Advisers LLC lifted its holdings in shares of Spirit AeroSystems by 100.0% in the 4th quarter. FNY Investment Advisers LLC now owns 10,000 shares of the aerospace company's stock worth $340,000 after buying an additional 5,000 shares during the period. Oak Thistle LLC lifted its holdings in shares of Spirit AeroSystems by 12.1% in the 4th quarter. Oak Thistle LLC now owns 14,568 shares of the aerospace company's stock worth $496,000 after buying an additional 1,568 shares during the period. Ballentine Partners LLC purchased a new stake in shares of Spirit AeroSystems in the 4th quarter worth $231,000. Finally, SG Americas Securities LLC lifted its holdings in shares of Spirit AeroSystems by 1,295.0% in the 4th quarter. SG Americas Securities LLC now owns 325,793 shares of the aerospace company's stock worth $11,103,000 after buying an additional 302,439 shares during the period. Institutional investors own 93.59% of the company's stock.

Spirit AeroSystems Stock Down 0.6%

Shares of NYSE SPR traded down $0.22 during mid-day trading on Monday, reaching $37.60. 745,196 shares of the company were exchanged, compared to its average volume of 1,973,091. The stock has a market cap of $4.41 billion, a price-to-earnings ratio of -3.03 and a beta of 1.63. Spirit AeroSystems Holdings, Inc. has a 1 year low of $27.00 and a 1 year high of $37.88. The firm has a 50-day moving average of $34.47 and a 200 day moving average of $33.71.

Spirit AeroSystems (NYSE:SPR - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The aerospace company reported ($4.25) earnings per share for the quarter, missing analysts' consensus estimates of ($1.14) by ($3.11). The company had revenue of $1.52 billion during the quarter, compared to analysts' expectations 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 prior year, the business earned ($3.93) EPS. On average, equities analysts forecast that Spirit AeroSystems Holdings, Inc. will post -11.88 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. StockNews.com assumed coverage on Spirit AeroSystems in a report on Saturday, March 8th. They issued a "hold" rating for the company. Royal Bank of Canada reiterated a "sector perform" rating and issued a $37.25 target price on shares of Spirit AeroSystems in a report on Tuesday, February 11th. Fourteen investment analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Spirit AeroSystems presently has a consensus rating of "Hold" and a consensus target price of $36.56.

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.