5,544 Shares in Spirit Aerosystems Holdings, Inc. (SPR) Acquired by Lombard Odier Asset Management Europe Ltd

Lombard Odier Asset Management Europe Ltd purchased a new position in shares of Spirit Aerosystems Holdings, Inc. (NYSE:SPR) during the third quarter, Holdings Channel reports. The fund purchased 5,544 shares of the company’s stock, valued at approximately $247,000.

Several other hedge funds have also made changes to their positions in SPR. Capstone Asset Management Co. raised its stake in Spirit Aerosystems Holdings by 1.1% in the third quarter. Capstone Asset Management Co. now owns 6,350 shares of the company’s stock worth $283,000 after buying an additional 70 shares during the period. State of Alaska Department of Revenue raised its stake in Spirit Aerosystems Holdings by 7.5% in the third quarter. State of Alaska Department of Revenue now owns 2,979 shares of the company’s stock worth $132,000 after buying an additional 208 shares during the period. Bailard Inc. raised its stake in Spirit Aerosystems Holdings by 0.6% in the second quarter. Bailard Inc. now owns 37,260 shares of the company’s stock worth $1,602,000 after buying an additional 230 shares during the period. Globeflex Capital L P raised its stake in Spirit Aerosystems Holdings by 0.6% in the second quarter. Globeflex Capital L P now owns 41,280 shares of the company’s stock worth $1,775,000 after buying an additional 261 shares during the period. Finally, Sei Investments Co. raised its stake in Spirit Aerosystems Holdings by 2.6% in the third quarter. Sei Investments Co. now owns 10,421 shares of the company’s stock worth $465,000 after buying an additional 264 shares during the period.

Institutional Ownership by Quarter for Spirit Aerosystems Holdings (NYSE:SPR)

Shares of Spirit Aerosystems Holdings, Inc. (NYSE:SPR) traded up 1.66% on Friday, hitting $56.84. 501,928 shares of the company traded hands. The firm’s 50-day moving average is $57.93 and its 200 day moving average is $51.61. Spirit Aerosystems Holdings, Inc. has a 1-year low of $41.27 and a 1-year high of $61.55. The firm has a market capitalization of $6.91 billion, a P/E ratio of 15.36 and a beta of 1.33.

Spirit Aerosystems Holdings (NYSE:SPR) last announced its quarterly earnings results on Wednesday, February 1st. The company reported $1.03 earnings per share for the quarter, hitting the consensus estimate of $1.03. Spirit Aerosystems Holdings had a net margin of 6.91% and a return on equity of 29.36%. The company had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.60 billion. During the same quarter in the previous year, the business posted $0.95 earnings per share. Spirit Aerosystems Holdings’s quarterly revenue was down 2.4% on a year-over-year basis. On average, analysts anticipate that Spirit Aerosystems Holdings, Inc. will post $4.81 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 10th. Shareholders of record on Monday, March 20th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.70%. The ex-dividend date of this dividend is Thursday, March 16th. Spirit Aerosystems Holdings’s dividend payout ratio (DPR) is 10.84%.

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A number of equities analysts have recently commented on the stock. Robert W. Baird reissued an “outperform” rating and issued a $64.00 price target on shares of Spirit Aerosystems Holdings in a report on Friday, January 20th. SunTrust Banks, Inc. assumed coverage on shares of Spirit Aerosystems Holdings in a report on Thursday, January 19th. They issued a “hold” rating and a $61.00 price target on the stock. Bank of America Corporation lowered shares of Spirit Aerosystems Holdings from a “neutral” rating to an “underperform” rating and increased their price target for the stock from $50.00 to $55.00 in a report on Tuesday, January 17th. RBC Capital Markets assumed coverage on shares of Spirit Aerosystems Holdings in a report on Thursday, January 12th. They issued an “underperform” rating and a $55.00 price target on the stock. Finally, Royal Bank Of Canada assumed coverage on shares of Spirit Aerosystems Holdings in a report on Thursday, January 12th. They issued an “underperform” rating and a $55.00 price target on the stock. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and ten have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $58.61.

In other news, Director John L. Plueger acquired 2,000 shares of the business’s stock in a transaction on Tuesday, December 13th. The shares were acquired at an average price of $59.49 per share, for a total transaction of $118,980.00. Following the completion of the transaction, the director now directly owns 2,000 shares of the company’s stock, valued at approximately $118,980. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.41% of the company’s stock.

Spirit Aerosystems Holdings Company Profile

Spirit AeroSystems Holdings, Inc is a non-original equipment manufacturer (OEM) aircraft parts designer and manufacturer of commercial aero-structures. The Company is a supplier of aero-structures to The Boeing Company (Boeing) and Airbus SAS (Airbus). The Company operates through three segments: Fuselage Systems, Propulsion Systems and Wing Systems.

5 Day Chart for NYSE:SPR

Want to see what other hedge funds are holding SPR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Spirit Aerosystems Holdings, Inc. (NYSE:SPR).

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