Spirit AeroSystems Holdings, Inc. (SPR) Holdings Cut by Bank of Montreal Can

Joanna Estrada
January 19, 2018

The firm owned 1,920,499 shares of the aerospace company's stock after selling 169,119 shares during the period. Spirit Aerosystems Holdings now has $11.36 billion valuation.

The stock increased 0.57% or $0.2 during the last trading session, reaching $35.15. About 341,676 shares traded. Spirit AeroSystems Holdings, Inc., through its subsidiaries, operates as a commercial aerospace original equipment maker worldwide. (NYSE:SPR) earnings have risen with a quarterly rate of 6.9% over the last 5 years.

Strategic Global Advisors Llc increased its stake in At&T Inc (T) by 217.11% based on its latest 2017Q3 regulatory filing with the SEC. (TTWO) formed multiple top with $121.89 target or 5.00% above today's $116.09 share price.

Spirit AeroSystems (SPR) traded up $1.49 during midday trading on Tuesday, hitting $98.75. Its down 20.39% from 742,100 shares previously. Range Resources Corporation (NYSE:RRC) has declined 36.05% since January 17, 2017 and is downtrending. It has underperformed by 7.13% the S&P500.

Investors sentiment increased to 1.09 in Q3 2017. Its up 0.21, from 0.88 in 2017Q2. It is negative, as 20 investors sold IdaCorp, Inc. shares while 72 reduced holdings.

Other hedge funds have also added to or reduced their stakes in the company. The active investment managers in our partner's database reported: 109.62 million shares, down from 114.77 million shares in 2017Q2. Principal Fincl Grp Incorporated invested in 215,217 shares or 0.02% of the stock. Cibc Ww Mkts reported 0.04% stake.

Spirit AeroSystems Holdings, Inc. Spirit AeroSystems Holdings, Inc. (NYSE:SPR) opened at $97.26 on Wednesday. Teachers Retirement Of The State Of Kentucky invested in 0.13% or 144,500 shares. Corporate insiders own 0.28% of the company's stock. Pacad Investment reported 0.18% stake. The California-based Schwab Charles has invested 0.03% in Domino's Pizza, Inc. Vident Invest Advisory Lc, Georgia-based fund reported 2,833 shares. Commonwealth Bancorporation Of Aus stated it has 0.01% in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) for 21,835 shares.

In other Spirit AeroSystems news, SVP Duane F. Hawkins sold 5,000 shares of the stock in a transaction on Monday, November 6th. Putnam Limited Liability Corp reported 177,041 shares. After a recent check, it is observed that the insiders for the firm now own 0.30% shares. Bogle Invest Mngmt LP De holds 0.95% of its portfolio in Spirit AeroSystems Holdings, Inc. Citigroup reaffirmed a "buy" rating and issued a $85.00 target price on shares of Spirit AeroSystems in a report on Tuesday, September 26th. Therefore 67% are positive. IdaCorp had 3 analyst reports since October 18, 2016 according to SRatingsIntel. (NYSE:SPR) rating on Thursday, June 23. Canaccord Genuity maintained Spirit AeroSystems Holdings, Inc. (NYSE:SPR) rating on Monday, January 8. (NYSE:SPR) for 652,300 shares. As per Thursday, September 7, the company rating was maintained by Robert W. Baird. On Thursday, January 19 the stock rating was initiated by SunTrust with "Hold". RBC Capital Markets maintained it with "Sector Perform" rating and $62 target in Thursday, July 30 report. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and fifteen have assigned a buy rating to the company's stock. Cowen reaffirmed an "outperform" rating and issued a $88.00 target price (up from $79.00) on shares of Spirit AeroSystems in a report on Thursday, September 28th. Equities research analysts at SunTrust Banks raised their FY2018 earnings estimates for shares of Spirit AeroSystems in a report issued on Monday, according to Zacks Investment Research.

Analysts await ARRIS International plc (NASDAQ:ARRS) to report earnings on February, 28. They expect $1.22 earnings per share, up 37.08% or $0.33 from last year's $0.89 per share. SPR's profit will be $141.07M for 19.93 P/E if the $1.22 EPS becomes a reality. After $0.39 actual EPS reported by The Marcus Corporation for the previous quarter, Wall Street now forecasts 10.26% EPS growth. Its up 0.02, from 1.15 in 2017Q2.

Several large investors have recently bought and sold shares of the stock. The Pennsylvania-based Emerald Mutual Fund Advisers Trust has invested 0.26% in the stock. South Dakota Investment Council has 686,171 shares for 0.54% of their portfolio. Sumitomo Mitsui Asset Ltd holds 0.01% or 3,356 shares. Roundview Capital Limited Liability Corp reported 39,177 shares or 0.43% of all its holdings. Beach Invest Counsel Pa has 0.12% invested in AT&T Inc. Credit Suisse maintained Spirit AeroSystems Holdings, Inc. (NYSE:ZTS). Congress Asset Mngmt Ma reported 0.86% of its portfolio in Zoetis Inc. Kelly Lawrence W And Assoc Ca has invested 0.13% in AT&T Inc. Great Lakes Limited Liability Corp owns 55,335 shares or 0.1% of their United States portfolio. Gofen Glossberg Limited Co Il reported 0.47% in AT&T Inc. Bnp Paribas Arbitrage Sa accumulated 53,994 shares. Numeric Investors LLC now owns 2,370,483 shares of the company's stock worth $101,931,000 after buying an additional 477,100 shares during the period. It also reduced its holding in Western Digital Corp (NASDAQ:WDC) by 4,176 shares in the quarter, leaving it with 9,476 shares, and cut its stake in Dr Pepper Snapple Group Inc (NYSE:DPS).

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