Spirit AeroSystems Holdings, Inc. (SPR) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. cut its holdings in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) by 82.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,019 shares of the aerospace company’s stock after selling 177,498 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Spirit AeroSystems were worth $3,578,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPR. LPL Financial LLC lifted its stake in shares of Spirit AeroSystems by 33.1% in the 1st quarter. LPL Financial LLC now owns 14,029 shares of the aerospace company’s stock valued at $1,174,000 after purchasing an additional 3,490 shares during the last quarter. Allianz Asset Management GmbH lifted its stake in shares of Spirit AeroSystems by 8.0% in the 1st quarter. Allianz Asset Management GmbH now owns 530,755 shares of the aerospace company’s stock valued at $44,424,000 after purchasing an additional 39,242 shares during the last quarter. DnB Asset Management AS lifted its stake in shares of Spirit AeroSystems by 7.3% in the 2nd quarter. DnB Asset Management AS now owns 14,700 shares of the aerospace company’s stock valued at $1,263,000 after purchasing an additional 1,000 shares during the last quarter. IFM Investors Pty Ltd lifted its stake in shares of Spirit AeroSystems by 40.5% in the 2nd quarter. IFM Investors Pty Ltd now owns 5,235 shares of the aerospace company’s stock valued at $450,000 after purchasing an additional 1,509 shares during the last quarter. Finally, State of Alaska Department of Revenue lifted its stake in shares of Spirit AeroSystems by 51.3% in the 2nd quarter. State of Alaska Department of Revenue now owns 13,750 shares of the aerospace company’s stock valued at $1,181,000 after purchasing an additional 4,660 shares during the last quarter.

Several research firms recently issued reports on SPR. Credit Suisse Group lifted their price objective on shares of Spirit AeroSystems from $102.00 to $103.00 and gave the company an “outperform” rating in a research note on Thursday. Wells Fargo & Co set a $105.00 price objective on shares of Spirit AeroSystems and gave the company a “buy” rating in a research note on Thursday. Standpoint Research upgraded shares of Spirit AeroSystems from a “hold” rating to a “buy” rating in a report on Friday, October 12th. UBS Group started coverage on shares of Spirit AeroSystems in a report on Wednesday, August 15th. They issued a “buy” rating and a $110.00 target price on the stock. Finally, Zacks Investment Research upgraded shares of Spirit AeroSystems from a “sell” rating to a “hold” rating in a report on Friday, August 3rd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $105.56.

Shares of SPR opened at $86.63 on Monday. The firm has a market capitalization of $9.23 billion, a P/E ratio of 16.19, a PEG ratio of 1.29 and a beta of 1.25. The company has a current ratio of 1.57, a quick ratio of 1.06 and a debt-to-equity ratio of 1.67. Spirit AeroSystems Holdings, Inc. has a one year low of $77.54 and a one year high of $105.20.

Spirit AeroSystems (NYSE:SPR) last released its quarterly earnings data on Wednesday, October 31st. The aerospace company reported $1.70 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.07. The company had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.83 billion. Spirit AeroSystems had a net margin of 7.92% and a return on equity of 46.86%. Spirit AeroSystems’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.26 EPS. On average, research analysts expect that Spirit AeroSystems Holdings, Inc. will post 6.2 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 7th. Stockholders of record on Monday, December 17th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, December 14th. This represents a $0.48 annualized dividend and a dividend yield of 0.55%. Spirit AeroSystems’s dividend payout ratio is currently 8.97%.

In other Spirit AeroSystems news, SVP Michelle Lohmeier sold 3,420 shares of the business’s stock in a transaction on Friday, August 10th. The shares were sold at an average price of $87.30, for a total transaction of $298,566.00. Following the completion of the sale, the senior vice president now owns 33,037 shares in the company, valued at approximately $2,884,130.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Charles L. Chadwell sold 11,500 shares of the business’s stock in a transaction on Monday, August 20th. The shares were sold at an average price of $87.33, for a total transaction of $1,004,295.00. Following the sale, the director now owns 13,821 shares of the company’s stock, valued at approximately $1,206,987.93. The disclosure for this sale can be found here. Insiders have sold a total of 18,920 shares of company stock valued at $1,644,796 in the last 90 days. 0.87% of the stock is currently owned by company insiders.

Spirit AeroSystems Profile

Spirit AeroSystems Holdings, Inc, through its subsidiaries, designs, manufactures, and supplies commercial aero structures worldwide. It operates through 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 offers related spares and maintenance, repairs, and overhaul (MRO) services.

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

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