Spirit AeroSystems Holdings, Inc. (NYSE:SPR) Director Robert D. Johnson sold 500 shares of the company’s stock in a transaction on Thursday, June 1st. The stock was sold at an average price of $54.62, for a total transaction of $27,310.00. Following the completion of the transaction, the director now directly owns 1,964 shares in the company, valued at $107,273.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Spirit AeroSystems Holdings, Inc. (SPR) traded down $1.76 during trading on Tuesday, reaching $82.24. 999,665 shares of the company’s stock traded hands, compared to its average volume of 1,031,859. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.56 and a quick ratio of 0.85. The firm has a market capitalization of $9,593.32, a P/E ratio of 16.97, a price-to-earnings-growth ratio of 1.47 and a beta of 1.16. Spirit AeroSystems Holdings, Inc. has a 52-week low of $51.85 and a 52-week high of $84.96.

Spirit AeroSystems (NYSE:SPR) last posted its earnings results on Wednesday, November 1st. The aerospace company reported $1.26 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.26. The firm had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.74 billion. Spirit AeroSystems had a net margin of 4.98% and a return on equity of 31.14%. The business’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.16 earnings per share. equities research analysts forecast that Spirit AeroSystems Holdings, Inc. will post 5.22 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 8th. Shareholders of record on Monday, December 18th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.49%. The ex-dividend date is Friday, December 15th. Spirit AeroSystems’s payout ratio is 14.08%.

Institutional investors have recently bought and sold shares of the business. Nine Chapters Capital Management LLC bought a new stake in Spirit AeroSystems during the third quarter valued at about $218,000. Quantitative Systematic Strategies LLC bought a new stake in Spirit AeroSystems during the third quarter valued at about $227,000. Commonwealth Equity Services Inc bought a new stake in Spirit AeroSystems during the third quarter valued at about $228,000. Invictus RG boosted its holdings in Spirit AeroSystems by 54.5% during the third quarter. Invictus RG now owns 3,300 shares of the aerospace company’s stock valued at $256,000 after acquiring an additional 1,164 shares during the period. Finally, Raymond James Trust N.A. bought a new stake in Spirit AeroSystems during the second quarter valued at about $200,000. 96.21% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of Spirit AeroSystems from a “buy” rating to a “hold” rating in a research note on Friday, November 3rd. ValuEngine downgraded shares of Spirit AeroSystems from a “strong-buy” rating to a “buy” rating in a research note on Tuesday. Citigroup reaffirmed a “buy” rating and issued a $91.00 price target (up from $85.00) on shares of Spirit AeroSystems in a research note on Monday, October 9th. Berenberg Bank assumed coverage on shares of Spirit AeroSystems in a research note on Tuesday, November 7th. They issued a “buy” rating and a $100.00 price target on the stock. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $86.00 price target on shares of Spirit AeroSystems in a research note on Friday, September 8th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirteen have given a buy rating to the stock. Spirit AeroSystems has an average rating of “Hold” and a consensus target price of $79.95.

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About Spirit AeroSystems

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

Insider Buying and Selling by Quarter for Spirit AeroSystems (NYSE:SPR)

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