Spirit AeroSystems Holdings, Inc. Stock Was Bought By Options Traders

 Spirit AeroSystems Holdings, Inc. Stock Was Bought By Options Traders

In today’s session Spirit AeroSystems Holdings, Inc. (SPR) registered an unusually high (300) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious SPR increase. With 300 contracts traded and 494 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: SPR161118C00050000 closed last at: $2.2 or 7.3% up. About 2.50M shares traded hands or 129.36% up from the average. Spirit AeroSystems Holdings, Inc. (NYSE:SPR) has risen 8.65% since March 30, 2016 and is uptrending. It has outperformed by 5.64% the S&P500.

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) Ratings Coverage

Out of 12 analysts covering Spirit Aerosystems (NYSE:SPR), 6 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 50% are positive. Spirit Aerosystems has been the topic of 19 analyst reports since July 30, 2015 according to StockzIntelligence Inc. On Friday, February 19 the stock rating was downgraded by UBS to “Neutral”. The firm has “Outperform” rating given on Monday, January 18 by Credit Suisse. The rating was maintained by RBC Capital Markets on Thursday, July 30 with “Sector Perform”. The firm has “Outperform” rating given on Friday, January 15 by Credit Suisse. The firm has “Hold” rating given on Monday, July 11 by Deutsche Bank. RBC Capital Markets maintained Spirit AeroSystems Holdings, Inc. (NYSE:SPR) on Thursday, February 4 with “Sector Perform” rating. The rating was initiated by Robert W. Baird on Thursday, October 6 with “Outperform”. The rating was upgraded by Bernstein to “Outperform” on Tuesday, January 5. RBC Capital Markets maintained Spirit AeroSystems Holdings, Inc. (NYSE:SPR) rating on Wednesday, October 28. RBC Capital Markets has “Sector Perform” rating and $55 price target. Barclays Capital maintained the shares of SPR in a report on Thursday, June 9 with “Overweight” rating.

According to Zacks Investment Research, “SPIRIT AEROSYSTEMS is the world’s largest independent supplier of commercial airplane assemblies and components. In addition to its Kansas facility, Spirit has operations in Tulsa and McAlester, Okla., Prestwick, Scotland, and Samlesbury, England. In the U.S., Spirit’s core products include fuselages, pylons, nacelles and wing components. Additionally, Spirit provides aftermarket customer support services, including spare parts, maintenance/repair/overhaul, and fleet support services in North America and Europe. Spirit Europe produces wing components for a host of customers, including Airbus.”

Insitutional Activity: The institutional sentiment decreased to 0.87 in 2016 Q2. Its down 0.43, from 1.3 in 2016Q1. The ratio dived, as 37 funds sold all Spirit AeroSystems Holdings, Inc. shares owned while 114 reduced positions. 38 funds bought stakes while 93 increased positions. They now own 127.00 million shares or 5.28% less from 134.09 million shares in 2016Q1.
Prudential Fincl Incorporated holds 0.13% of its portfolio in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) for 1.74M shares. Wellington Mgmt Llp holds 0% of its portfolio in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) for 39,816 shares. Massachusetts Serv Ma owns 334,865 shares or 0.01% of their US portfolio. Advisory Ltd Com owns 375 shares or 0% of their US portfolio. California Public Employees Retirement Systems, a California-based fund reported 308,100 shares. Hillsdale Inv Mgmt has 0.04% invested in the company for 3,190 shares. Nomura holds 1,500 shares or 0% of its portfolio. Ajo Lp has invested 0.63% of its portfolio in Spirit AeroSystems Holdings, Inc. (NYSE:SPR). Plante Moran Advsr Ltd Llc has 1,118 shares for 0.03% of their US portfolio. Parallax Volatility Advisers Ltd Partnership has 0% invested in the company for 115 shares. Prudential Public Ltd last reported 0.42% of its portfolio in the stock. Moreover, Creative Planning has 0% invested in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) for 2,100 shares. Moreover, State Of New Jersey Common Pension Fund D has 0.17% invested in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) for 855,000 shares. Pinebridge Lp reported 35,253 shares or 0.08% of all its holdings. Pictet Cie (Europe) holds 14,298 shares or 0.13% of its portfolio.

Spirit AeroSystems Holdings, Inc. is a non-original equipment maker aircraft parts designer and maker of commercial aero-structures. The company has a market cap of $7.04 billion. The Firm is a supplier of aero-structures to The Boeing Company (Boeing) and Airbus S.A.S (Airbus). It has a 11.14 P/E ratio. The Firm operates through three divisions: Fuselage Systems, Propulsion Systems and Wing Systems.

SPR Company Profile

Spirit AeroSystems Holdings, Inc., incorporated on February 7, 2005, is a non-original equipment maker (OEM) aircraft parts designer and maker of commercial aero-structures. The Firm is a supplier of aero-structures to The Boeing Company (Boeing) and Airbus S.A.S (Airbus). The Firm operates through three divisions: Fuselage Systems, Propulsion Systems and Wing Systems. The Firm makes aero-structures for Boeing commercial aircraft. The Firm is engaged in production, including airframe content for the Boeing B737. In addition, it is a content supplier of wing systems for the Airbus A320 family. It is a supplier for the Airbus A380 and Airbus A350 XWB (Xtra Wide-Body).

More notable recent Spirit AeroSystems Holdings, Inc. (NYSE:SPR) news were published by: Prnewswire.com which released: “Spirit AeroSystems Holdings, Inc., Reports Third Quarter 2016 Financial …” on November 01, 2016, also Wsj.com with their article: “Spirit AeroSystems Names Tom Gentile CEO” published on June 08, 2016, Prnewswire.com published: “Spirit AeroSystems Holdings, Inc., Reports Second Quarter 2016 Financial …” on August 03, 2016. More interesting news about Spirit AeroSystems Holdings, Inc. (NYSE:SPR) were released by: Prnewswire.com and their article: “Spirit AeroSystems to Release Third Quarter 2016 Financial Results November 1” published on October 18, 2016 as well as Prnewswire.com‘s news article titled: “Spirit AeroSystems Holdings, Inc. Reports Fourth Quarter and Full-Year 2015 …” with publication date: February 03, 2016.

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