Spirit AeroSystems Holdings, Inc. (NYSE:SPR) Director Robert D. Johnson sold 500 shares of Spirit AeroSystems stock in a transaction on Friday, September 1st. The shares were sold at an average price of $74.57, for a total value of $37,285.00. Following the transaction, the director now owns 1,964 shares in the company, valued at $146,455.48. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of Spirit AeroSystems Holdings, Inc. (SPR) traded down $1.76 during trading on Tuesday, hitting $82.24. The stock had a trading volume of 999,665 shares, compared to its average volume of 1,031,859. The firm has a market capitalization of $9,593.32, a PE ratio of 16.97, a PEG ratio of 1.47 and a beta of 1.16. The company has a current ratio of 1.56, a quick ratio of 0.85 and a debt-to-equity ratio of 0.60. Spirit AeroSystems Holdings, Inc. has a 1-year low of $51.85 and a 1-year high of $84.96.

Spirit AeroSystems (NYSE:SPR) last issued 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. Spirit AeroSystems had a return on equity of 31.14% and a net margin of 4.98%. The business had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.74 billion. During the same quarter last year, the firm posted $1.16 earnings per share. Spirit AeroSystems’s revenue was up 2.2% compared to the same quarter last year. research analysts anticipate that Spirit AeroSystems Holdings, Inc. will post 5.22 earnings per share for the current fiscal year.

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

Several large investors have recently made changes to their positions in the stock. BlackRock Inc. raised its holdings in shares of Spirit AeroSystems by 2.4% during the second quarter. BlackRock Inc. now owns 6,280,205 shares of the aerospace company’s stock worth $363,874,000 after acquiring an additional 148,240 shares in the last quarter. Boston Partners raised its holdings in shares of Spirit AeroSystems by 74.5% during the third quarter. Boston Partners now owns 4,230,462 shares of the aerospace company’s stock worth $328,791,000 after acquiring an additional 1,806,228 shares in the last quarter. LSV Asset Management raised its holdings in shares of Spirit AeroSystems by 9.8% during the second quarter. LSV Asset Management now owns 3,468,615 shares of the aerospace company’s stock worth $200,971,000 after acquiring an additional 308,900 shares in the last quarter. Prudential PLC raised its holdings in shares of Spirit AeroSystems by 2.8% during the second quarter. Prudential PLC now owns 2,821,693 shares of the aerospace company’s stock worth $163,489,000 after acquiring an additional 77,385 shares in the last quarter. Finally, UBS Asset Management Americas Inc. raised its holdings in Spirit AeroSystems by 1,425.0% during the second quarter. UBS Asset Management Americas Inc. now owns 2,255,618 shares of the aerospace company’s stock valued at $130,691,000 after buying an additional 2,107,710 shares in the last quarter. Institutional investors and hedge funds own 96.21% of the company’s stock.

Several equities analysts have recently issued reports on the company. Goldman Sachs Group upgraded Spirit AeroSystems from a “sell” rating to a “neutral” rating and lifted their price target for the company from $54.00 to $68.00 in a research report on Thursday, August 10th. Zacks Investment Research upgraded Spirit AeroSystems from a “hold” rating to a “buy” rating and set a $79.00 price target on the stock in a research report on Thursday, August 10th. Canaccord Genuity reiterated a “buy” rating and set a $80.00 price target (up from $65.00) on shares of Spirit AeroSystems in a research report on Wednesday, August 9th. Buckingham Research raised their price objective on Spirit AeroSystems from $53.00 to $66.00 and gave the stock a “neutral” rating in a research note on Thursday, September 28th. Finally, Jefferies Group raised their price objective on Spirit AeroSystems from $84.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, September 28th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirteen have assigned a buy rating to the company. Spirit AeroSystems currently has an average rating of “Hold” and a consensus price target 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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