AIMZ Investment Advisors LLC Takes $208,000 Position in Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

AIMZ Investment Advisors LLC bought a new stake in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,100 shares of the aerospace company’s stock, valued at approximately $208,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Proficio Capital Partners LLC acquired a new position in Spirit AeroSystems in the fourth quarter valued at $520,000. New York Life Investment Management LLC raised its stake in Spirit AeroSystems by 37.7% during the 4th quarter. New York Life Investment Management LLC now owns 180,327 shares of the aerospace company’s stock valued at $6,146,000 after acquiring an additional 49,386 shares during the last quarter. Spectrum Financial Alliance Ltd LLC acquired a new stake in Spirit AeroSystems during the 4th quarter worth approximately $2,270,000. State of New Jersey Common Pension Fund D grew its stake in shares of Spirit AeroSystems by 15.8% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 65,928 shares of the aerospace company’s stock valued at $2,247,000 after purchasing an additional 8,994 shares during the last quarter. Finally, Rhumbline Advisers increased its holdings in shares of Spirit AeroSystems by 2.8% in the fourth quarter. Rhumbline Advisers now owns 125,037 shares of the aerospace company’s stock valued at $4,261,000 after purchasing an additional 3,454 shares during the period. Hedge funds and other institutional investors own 93.59% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on SPR shares. TD Cowen raised Spirit AeroSystems to a “strong-buy” rating in a report on Thursday, December 19th. Royal Bank of Canada restated a “sector perform” rating and issued a $37.25 target price on shares of Spirit AeroSystems in a research note on Tuesday, February 11th. Finally, StockNews.com assumed coverage on shares of Spirit AeroSystems in a research note on Friday. They set a “sell” rating on the stock. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Spirit AeroSystems presently has an average rating of “Hold” and an average price target of $36.00.

Spirit AeroSystems Trading Up 1.4 %

Shares of SPR opened at $34.45 on Friday. Spirit AeroSystems Holdings, Inc. has a twelve month low of $28.32 and a twelve month high of $37.08. The firm has a market capitalization of $4.03 billion, a P/E ratio of -2.77 and a beta of 1.80. The firm’s 50-day moving average is $34.07 and its two-hundred day moving average is $33.25.

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.