Swiss National Bank Has $28.07 Million Holdings in Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

Swiss National Bank lessened its stake in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) by 2.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 345,000 shares of the aerospace company’s stock after selling 8,700 shares during the quarter. Swiss National Bank owned about 0.33% of Spirit AeroSystems worth $28,073,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. DekaBank Deutsche Girozentrale increased its position in Spirit AeroSystems by 34.7% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 14,493 shares of the aerospace company’s stock valued at $1,200,000 after acquiring an additional 3,733 shares in the last quarter. Pendal Group Ltd increased its position in Spirit AeroSystems by 256.7% in the 2nd quarter. Pendal Group Ltd now owns 57,295 shares of the aerospace company’s stock valued at $4,662,000 after acquiring an additional 41,233 shares in the last quarter. Westpac Banking Corp increased its position in Spirit AeroSystems by 72.8% in the 2nd quarter. Westpac Banking Corp now owns 19,853 shares of the aerospace company’s stock valued at $1,615,000 after acquiring an additional 8,363 shares in the last quarter. Stevens Capital Management LP grew its position in shares of Spirit AeroSystems by 216.4% during the 2nd quarter. Stevens Capital Management LP now owns 48,742 shares of the aerospace company’s stock worth $3,966,000 after buying an additional 33,337 shares during the period. Finally, Janus Henderson Group PLC grew its position in shares of Spirit AeroSystems by 61.4% during the 2nd quarter. Janus Henderson Group PLC now owns 106,728 shares of the aerospace company’s stock worth $8,683,000 after buying an additional 40,585 shares during the period. Hedge funds and other institutional investors own 97.72% of the company’s stock.

Shares of SPR stock opened at $75.20 on Thursday. The company’s fifty day simple moving average is $75.55 and its 200-day simple moving average is $84.83. The company has a quick ratio of 1.42, a current ratio of 1.96 and a debt-to-equity ratio of 1.47. The firm has a market cap of $7.63 billion, a PE ratio of 12.01, a P/E/G ratio of 1.38 and a beta of 1.26. Spirit AeroSystems Holdings, Inc. has a 12 month low of $64.48 and a 12 month high of $100.34.

Spirit AeroSystems (NYSE:SPR) last announced its quarterly earnings data on Wednesday, July 31st. The aerospace company reported $1.71 EPS for the quarter, topping the Zacks’ consensus estimate of $1.64 by $0.07. The business had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.98 billion. Spirit AeroSystems had a net margin of 8.88% and a return on equity of 56.85%. The firm’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.63 earnings per share. On average, equities analysts predict that Spirit AeroSystems Holdings, Inc. will post 6.88 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 7th. Stockholders of record on Monday, September 16th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date of this dividend is Friday, September 13th. Spirit AeroSystems’s dividend payout ratio is presently 7.67%.

Several equities research analysts have recently commented on the stock. ValuEngine cut shares of Spirit AeroSystems from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. Jefferies Financial Group lowered shares of Spirit AeroSystems from a “buy” rating to a “hold” rating and cut their price target for the company from $106.00 to $85.00 in a research note on Tuesday, July 2nd. Morgan Stanley cut their price target on shares of Spirit AeroSystems from $103.00 to $100.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 14th. Zacks Investment Research lowered shares of Spirit AeroSystems from a “hold” rating to a “sell” rating and set a $84.00 price target on the stock. in a research note on Monday, July 8th. Finally, Credit Suisse Group lowered shares of Spirit AeroSystems from an “outperform” rating to a “neutral” rating and cut their price target for the company from $101.00 to $83.00 in a research note on Monday, July 15th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $94.43.

In other news, Director Robert D. Johnson sold 500 shares of the business’s stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $79.95, for a total value of $39,975.00. Following the sale, the director now owns 2,925 shares of the company’s stock, valued at $233,853.75. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.84% of the company’s stock.

Spirit AeroSystems Company Profile

Spirit AeroSystems Holdings, Inc designs, manufactures, and supplies commercial aero structures in the United States and internationally. The company operates in three segments: Fuselage Systems, Propulsion Systems, and Wing Systems. The Fuselage Systems segment develops, produces, and markets forward, mid, and rear fuselage sections and systems primarily to aircraft original equipment manufacturers (OEMs); and related spares, as well as maintenance, repairs, and overhaul (MRO) services.

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Institutional Ownership by Quarter for Spirit AeroSystems (NYSE:SPR)

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