Aristotle Fund LP Position in Spirit Aerosystems Hldgs INC (SPR) Has Lowered by $19.87 Million as Stock Price Declined

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) LogoInvestors sentiment increased to 0.93 in 2018 Q3. Its up 0.13, from 0.8 in 2018Q2. It improved, as 38 investors sold SPR shares while 117 reduced holdings. 59 funds opened positions while 85 raised stakes. 98.80 million shares or 4.52% less from 103.47 million shares in 2018Q2 were reported. Ibm Retirement Fund, a New York-based fund reported 3,021 shares. Cornercap Counsel Inc holds 6,695 shares or 0.08% of its portfolio. State Teachers Retirement System has invested 0% in Spirit AeroSystems Holdings, Inc. (NYSE:SPR). Principal Grp Inc invested in 15,258 shares or 0% of the stock. M Securities holds 0.1% of its portfolio in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) for 4,025 shares. National Bank & Trust Of America De holds 0% or 241,855 shares in its portfolio. Moore Capital Mngmt LP accumulated 65,000 shares. Bokf Na invested in 0.06% or 24,088 shares. 491,948 are held by Jpmorgan Chase And. Bradley Foster Sargent Ct holds 0.01% of its portfolio in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) for 3,500 shares. Switzerland-based Credit Suisse Ag has invested 0.03% in Spirit AeroSystems Holdings, Inc. (NYSE:SPR). Asset Management One Com Limited has 0.03% invested in Spirit AeroSystems Holdings, Inc. (NYSE:SPR). Schwab Charles Inv Mgmt stated it has 0.03% of its portfolio in Spirit AeroSystems Holdings, Inc. (NYSE:SPR). First Savings Bank has invested 0.12% in Spirit AeroSystems Holdings, Inc. (NYSE:SPR). 30,200 were reported by Pensionfund Dsm Netherlands.

Aristotle Fund Lp decreased its stake in Spirit Aerosystems Hldgs Inc. (SPR) by 81.9% based on its latest 2018Q3 regulatory filing with the SEC. Aristotle Fund Lp sold 258,000 shares as the company’s stock declined 12.63% with the market. The hedge fund held 57,000 shares of the capital goods company at the end of 2018Q3, valued at $4.43 million, down from 315,000 at the end of the previous reported quarter. Aristotle Fund Lp who had been investing in Spirit Aerosystems Hldgs Inc. for a number of months, seems to be less bullish one the $8.10B market cap company. The stock decreased 1.63% or $1.26 during the last trading session, reaching $76.39. About 127,063 shares traded. Spirit AeroSystems Holdings, Inc. (NYSE:SPR) has declined 11.31% since January 14, 2018 and is downtrending. It has underperformed by 11.31% the S&P500.

Aristotle Fund Lp, which manages about $261.79 million and $105.20 million US Long portfolio, upped its stake in Mckesson Corp. (NYSE:MCK) by 28,200 shares to 166,000 shares, valued at $25.50 million in 2018Q3, according to the filing.

Analysts await Spirit AeroSystems Holdings, Inc. (NYSE:SPR) to report earnings on February, 1. They expect $1.77 EPS, up 34.09 % or $0.45 from last year’s $1.32 per share. SPR’s profit will be $187.61 million for 10.79 P/E if the $1.77 EPS becomes a reality. After $1.70 actual EPS reported by Spirit AeroSystems Holdings, Inc. for the previous quarter, Wall Street now forecasts 4.12 % EPS growth.

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) Ratings Coverage

Among 7 analysts covering Spirit AeroSystems (NYSE:SPR), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Spirit AeroSystems had 9 analyst reports since August 2, 2018 according to SRatingsIntel. Wells Fargo maintained the shares of SPR in report on Thursday, November 1 with “Outperform” rating. The stock has “Buy” rating by Canaccord Genuity on Thursday, September 13. The firm has “Neutral” rating by Bank of America given on Thursday, August 2. Standpoint Research upgraded the stock to “Buy” rating in Friday, October 12 report. The stock of Spirit AeroSystems Holdings, Inc. (NYSE:SPR) has “Overweight” rating given on Thursday, September 13 by Barclays Capital. The stock of Spirit AeroSystems Holdings, Inc. (NYSE:SPR) has “Outperform” rating given on Thursday, August 2 by Credit Suisse. The firm has “Buy” rating by Bank of America given on Thursday, November 8. Credit Suisse maintained it with “Outperform” rating and $103 target in Thursday, November 1 report.

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) Institutional Positions Chart

(adsbygoogle = window.adsbygoogle || []).push({});

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.