Spirit AeroSystems Holdings, Inc. (SPR) Director Robert D. Johnson Sells 500 Shares

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) Director Robert D. Johnson sold 500 shares of the firm’s stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $74.57, for a total value of $37,285.00. Following the completion of the transaction, the director now directly owns 1,964 shares in the company, valued at approximately $146,455.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) traded down $1.76 during midday trading on Wednesday, reaching $82.24. The company’s stock had a trading volume of 999,600 shares, compared to its average volume of 1,031,859. The stock has a market cap of $9,712.42, a PE ratio of 17.18, a PEG ratio of 1.49 and a beta of 1.16. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.56 and a quick ratio of 0.85. Spirit AeroSystems Holdings, Inc. has a fifty-two week low of $51.85 and a fifty-two week high of $84.96.

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

The company also recently declared a quarterly dividend, which will be paid on Monday, January 8th. Shareholders of record on Monday, December 18th will be issued 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 dividend payout ratio is presently 14.08%.

Several analysts recently issued reports on SPR shares. Zacks Investment Research cut Spirit AeroSystems from a “buy” rating to a “hold” rating in a research report on Friday, November 3rd. ValuEngine upgraded Spirit AeroSystems from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. UBS reiterated a “buy” rating and set a $81.00 target price (up previously from $63.00) on shares of Spirit AeroSystems in a research report on Monday, August 21st. Royal Bank Of Canada set a $69.00 target price on Spirit AeroSystems and gave the stock a “sell” rating in a research report on Sunday, September 10th. Finally, Jefferies Group increased their target price on Spirit AeroSystems from $84.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, September 28th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have given a buy rating to the company. Spirit AeroSystems presently has an average rating of “Hold” and a consensus target price of $80.95.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SPR. Raymond James Trust N.A. bought a new stake in shares of Spirit AeroSystems in the 2nd quarter valued at approximately $200,000. Nine Chapters Capital Management LLC bought a new stake in shares of Spirit AeroSystems in the 3rd quarter valued at approximately $218,000. Quantitative Systematic Strategies LLC bought a new stake in shares of Spirit AeroSystems in the 3rd quarter valued at approximately $227,000. Hillsdale Investment Management Inc. lifted its stake in shares of Spirit AeroSystems by 23.2% in the 2nd quarter. Hillsdale Investment Management Inc. now owns 3,930 shares of the aerospace company’s stock valued at $228,000 after purchasing an additional 740 shares during the last quarter. Finally, Commonwealth Equity Services Inc bought a new stake in shares of Spirit AeroSystems in the 3rd quarter valued at approximately $228,000. Institutional investors and hedge funds own 96.21% of the company’s stock.

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Spirit AeroSystems Company Profile

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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