D’orazio Associates adds Spirit AeroSystems Holdings (SPR) to its portfolio

Spirit AeroSystems Holdings (SPR) : D’orazio Associates added new position in Spirit AeroSystems Holdings during the most recent quarter end. The investment management firm now holds 22,250 shares of Spirit AeroSystems Holdings which is valued at $1 Million , the company said in a statement filed on May 13, 2016 with the SEC.Spirit AeroSystems Holdings makes up approximately 0.40% of D’orazio Associates’s portfolio.

Other Hedge Funds, Including , Allianz Asset Management Ag boosted its stake in SPR in the latest quarter, The investment management firm added 28,704 additional shares and now holds a total of 172,771 shares of Spirit AeroSystems Holdings which is valued at $8.1 Million. Spirit AeroSystems Holdings makes up approx 0.01% of Allianz Asset Management Ag’s portfolio.Keybank National Associationoh reduced its stake in SPR by selling 315 shares or 5.98% in the most recent quarter. The Hedge Fund company now holds 4,952 shares of SPR which is valued at $231,060. Engineers Gate Manager Lp added SPR to its portfolio by purchasing 155,039 company shares during the most recent quarter which is valued at $7.2 Million. Spirit AeroSystems Holdings makes up approx 0.57% of Engineers Gate Manager Lp’s portfolio.Pictet Cie (europe) Sa boosted its stake in SPR in the latest quarter, The investment management firm added 1,103 additional shares and now holds a total of 14,298 shares of Spirit AeroSystems Holdings which is valued at $667,145. Spirit AeroSystems Holdings makes up approx 0.14% of Pictet Cie (europe) Sa’s portfolio.

Spirit AeroSystems Holdings opened for trading at $45.97 and hit $46.18 on the upside on Wednesday, eventually ending the session at $46.1, with a gain of 0.44% or 0.2 points. The heightened volatility saw the trading volume jump to 11,87,308 shares. Company has a market cap of $6,103 M.

On the company’s financial health, Spirit AeroSystems Holdings reported $1.29 EPS for the quarter, beating the analyst consensus estimate by $ 0.22 according to the earnings call on Apr 29, 2016. Analyst had a consensus of $1.07. The company had revenue of $1682.00 million for the quarter, compared to analysts expectations of $1687.64 million. The company’s revenue was down -3.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.00 EPS.

Many Wall Street Analysts have commented on Spirit AeroSystems Holdings. Spirit AeroSystems Holdings was Downgraded by BofA/Merrill to ” Neutral” on Apr 20, 2016.

Spirit AeroSystems Holdings Inc. is an independent non-original equipment manufacturer (OEM) aircraft parts designer and manufacturer of commercial aero structures. The Company operates in three segments: Fuselage Systems Propulsion Systems and Wing Systems. Fuselage Systems segment develops produces and markets forward mid and rear fuselage sections and systems primarily to aircraft OEMs as well as related spares and maintenance repair and overhaul support and services (MRO). The Propulsion Systems segment develops produces and markets struts/pylons nacelles (including thrust reversers) and related engine structural components primarily to aircraft or engine OEMs as well as related spares and MRO services. The Wing Systems segment develops produces and markets forward wings and wing components (including flight control surfaces) and other miscellaneous structural parts primarily to aircraft OEMs as well as related spares and MRO services.

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