Susquehanna Fundamental Investments LLC Invests $1.44 Million in Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

Susquehanna Fundamental Investments LLC acquired a new position in shares of Spirit AeroSystems Holdings, Inc. (NYSE:SPR - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 42,115 shares of the aerospace company's stock, valued at approximately $1,435,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new stake in shares of Spirit AeroSystems in the 4th quarter valued at $30,000. SBI Securities Co. Ltd. acquired a new stake in shares of Spirit AeroSystems in the fourth quarter valued at approximately $32,000. Headlands Technologies LLC acquired a new stake in shares of Spirit AeroSystems in the fourth quarter valued at approximately $67,000. Byrne Asset Management LLC boosted its holdings in shares of Spirit AeroSystems by 210.6% during 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 period. Finally, Vestcor Inc acquired a new stake in shares of Spirit AeroSystems in the fourth quarter valued at approximately $97,000. Institutional investors and hedge funds own 93.59% of the company's stock.

Spirit AeroSystems Trading Down 0.4 %

Shares of NYSE:SPR traded down $0.13 during trading on Tuesday, reaching $35.72. The company had a trading volume of 114,181 shares, compared to its average volume of 2,004,290. The company has a fifty day moving average of $33.82 and a two-hundred day moving average of $33.40. Spirit AeroSystems Holdings, Inc. has a 12 month low of $27.00 and a 12 month high of $37.08. The stock has a market capitalization of $4.19 billion, a P/E ratio of -2.88 and a beta of 1.63.

Spirit AeroSystems (NYSE:SPR - Get Free Report) last issued its 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 company had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.74 billion. Spirit AeroSystems's revenue for the quarter 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. As a group, equities research analysts predict that Spirit AeroSystems Holdings, Inc. will post -11.88 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently commented on SPR. StockNews.com started coverage on Spirit AeroSystems in a research note on Saturday, March 8th. They set a "hold" rating on the stock. Royal Bank of Canada reiterated a "sector perform" rating and set a $37.25 price objective 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 assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $36.56.

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.