OMERS ADMINISTRATION Corp Has $16.48 Million Stock Holdings in Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

OMERS ADMINISTRATION Corp boosted its stake in Spirit AeroSystems Holdings, Inc. (NYSE:SPR - Free Report) by 41.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 483,700 shares of the aerospace company's stock after purchasing an additional 142,400 shares during the quarter. OMERS ADMINISTRATION Corp owned about 0.41% of Spirit AeroSystems worth $16,484,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Wedmont Private Capital bought a new stake in shares of Spirit AeroSystems in the 4th quarter valued at about $253,000. FNY Investment Advisers LLC increased its stake in Spirit AeroSystems by 100.0% in the fourth quarter. FNY Investment Advisers LLC now owns 10,000 shares of the aerospace company's stock valued at $340,000 after purchasing an additional 5,000 shares in the last quarter. Oak Thistle LLC raised its holdings in Spirit AeroSystems by 12.1% in the fourth quarter. Oak Thistle LLC now owns 14,568 shares of the aerospace company's stock worth $496,000 after purchasing an additional 1,568 shares during the period. Ballentine Partners LLC bought a new position in shares of Spirit AeroSystems during the fourth quarter worth $231,000. Finally, SG Americas Securities LLC boosted its position in shares of Spirit AeroSystems by 1,295.0% during the fourth quarter. SG Americas Securities LLC now owns 325,793 shares of the aerospace company's stock worth $11,103,000 after purchasing an additional 302,439 shares in the last quarter. Institutional investors and hedge funds own 93.59% of the company's stock.

Analyst Ratings Changes

Several brokerages recently commented on SPR. StockNews.com began coverage on Spirit AeroSystems in a research note on Saturday, March 8th. They set a "hold" rating on the stock. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $37.25 price target on shares of Spirit AeroSystems in a research report on Tuesday, February 11th. Fourteen research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $36.56.

Spirit AeroSystems Trading Up 1.0%

Shares of Spirit AeroSystems stock traded up $0.37 during trading on Friday, reaching $37.82. The stock had a trading volume of 975,641 shares, compared to its average volume of 1,978,022. The company has a market capitalization of $4.44 billion, a price-to-earnings ratio of -3.05 and a beta of 1.63. The stock has a fifty day moving average price of $34.39 and a two-hundred day moving average price of $33.67. Spirit AeroSystems Holdings, Inc. has a 52 week low of $27.00 and a 52 week high of $37.86.

Spirit AeroSystems (NYSE:SPR - Get Free Report) last announced its earnings results on Thursday, May 1st. The aerospace company reported ($4.25) earnings per share (EPS) 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 analyst estimates of $1.74 billion. The business's revenue was down 10.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($3.93) earnings per share. On average, equities analysts forecast that Spirit AeroSystems Holdings, Inc. will post -11.88 EPS for the current fiscal 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.