Byrne Asset Management LLC Purchases 1,390 Shares of Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

Byrne Asset Management LLC increased its position in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) by 210.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,050 shares of the aerospace company’s stock after buying an additional 1,390 shares during the period. Byrne Asset Management LLC’s holdings in Spirit AeroSystems were worth $70,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. R Squared Ltd bought a new stake in shares of Spirit AeroSystems during the fourth quarter valued at approximately $30,000. Waldron Private Wealth LLC bought a new stake in shares of Spirit AeroSystems in the 3rd quarter worth about $32,000. Quest Partners LLC bought a new stake in shares of Spirit AeroSystems in the 3rd quarter valued at approximately $49,000. Geneos Wealth Management Inc. purchased a new position in Spirit AeroSystems during the fourth quarter worth $149,000. Finally, KBC Group NV grew its holdings in Spirit AeroSystems by 20.1% during the 3rd quarter. KBC Group NV now owns 4,607 shares of the aerospace company’s stock valued at $150,000 after purchasing an additional 771 shares during the last quarter. Hedge funds and other institutional investors own 93.59% of the company’s stock.

Spirit AeroSystems Trading Down 0.9 %

SPR opened at $34.53 on Friday. The business’s 50-day moving average is $33.63 and its two-hundred day moving average is $33.30. Spirit AeroSystems Holdings, Inc. has a 1 year low of $28.25 and a 1 year high of $37.08.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. TD Cowen upgraded Spirit AeroSystems to a “strong-buy” rating in a research report on Thursday, December 19th. StockNews.com assumed coverage on Spirit AeroSystems in a research note on Tuesday. They issued a “sell” rating on the stock. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $35.91.

Spirit AeroSystems Profile

Spirit AeroSystems Holdings, Inc engages in the design, engineering, manufacture, and marketing of commercial aerostructures worldwide. It operates through three segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment offers forward, mid, and rear fuselage sections and systems, floor beams, nacelles, struts/pylons, horizontal and vertical stabilizers, flaps and slats flight control surfaces, wing structures, and wing systems.