Assetmark Inc. lifted its stake in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) by 21.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 144,095 shares of the aerospace company’s stock after purchasing an additional 26,199 shares during the quarter. Assetmark Inc. owned 0.07% of Spirit AeroSystems worth $5,190,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Principal Financial Group Inc. boosted its stake in Spirit AeroSystems by 27.8% during the 3rd quarter. Principal Financial Group Inc. now owns 1,460,721 shares of the aerospace company’s stock worth $51,106,000 after purchasing an additional 340,366 shares during the period. Pacer Advisors Inc. boosted its stake in Spirit AeroSystems by 6.9% during the 3rd quarter. Pacer Advisors Inc. now owns 23,011 shares of the aerospace company’s stock worth $838,000 after purchasing an additional 1,480 shares during the period. SG Americas Securities LLC acquired a new position in Spirit AeroSystems during the 3rd quarter worth about $210,000. BlackRock Inc. boosted its stake in Spirit AeroSystems by 5.4% during the 4th quarter. BlackRock Inc. now owns 8,473,208 shares of the aerospace company’s stock worth $292,120,000 after purchasing an additional 495,624 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in Spirit AeroSystems by 2.1% during the 4th quarter. Bank of New York Mellon Corp now owns 4,987,594 shares of the aerospace company’s stock worth $184,990,000 after purchasing an additional 108,284 shares during the period.

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In other Spirit AeroSystems news, CFO Clay Jones sold 40,310 shares of the company’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $41.80, for a total value of $1,687,330.00. Following the completion of the sale, the chief financial officer now directly owns 100,032 shares in the company, valued at approximately $4,519,997.20. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.77% of the stock is currently owned by company insiders.

A number of equities analysts have commented on the stock. Zacks Investment Research upgraded shares of Spirit AeroSystems from a “hold” rating to a “buy” rating and set a $51.00 price objective for the company in a research note on Monday, January 7th. Stifel Nicolaus upgraded shares of Spirit AeroSystems from a “hold” rating to a “buy” rating and boosted their price objective for the company from $39.00 to $49.00 in a research note on Monday, January 7th. Imperial Capital boosted their price objective on shares of Spirit AeroSystems from $47.00 to $52.00 and gave the company an “outperform” rating in a research note on Monday, January 7th. Robert W. Baird boosted their price objective on shares of Spirit AeroSystems from $51.00 to $52.00 and gave the company an “outperform” rating in a research note on Monday, January 7th. Finally, Oppenheimer increased their price objective on shares of Spirit AeroSystems from $40.00 to $48.00 and gave the company an “outperform” rating in a research note on Monday, January 7th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $47.72.

NYSE:SPR opened at $46.13 on Friday. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.54 and a quick ratio of 0.98. Spirit AeroSystems Holdings, Inc. has a fifty-two week low of $32.13 and a fifty-two week high of $50.59. The firm has a market cap of $9.56 billion, a PE ratio of 22.05, a PEG ratio of 1.89 and a