Economy

Spirit AeroSystems Holdings, Inc

Cornerstone Investment Partners Llc bought 14,440 shares as the company's stock declined 8.19% while stock markets rallied. The aerospace company reported $1.26 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.26. Finally, Commonwealth Equity Services Inc acquired a new stake in Spirit AeroSystems in the third quarter valued at $228,000. (SPR) traded up $0.35 on Friday, reaching $86.72. About 593,427 shares traded. Parallax Volatility Advisers L P holds 0% of its portfolio in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) by 8.0% in the third quarter, according to the company in its most recent filing with the SEC. It has underperformed by 1.46% the S&P500. Balyasny Asset Management Ltd reported 177,702 shares. Fisher Asset Management LLC now owns 138,680 shares of the aerospace company's stock valued at $10,778,000 after acquiring an additional 123,919 shares during the last quarter. Dennys Corp now has $881.32 million valuation. The stock increased 1.44% or $0.84 during the last trading session, reaching $59.36. Regal Beloit Corporation (NYSE:RBC) has risen 45.93% since December 24, 2016 and is uptrending. It has underperformed by 16.70% the S&P500.

Investors sentiment increased to 1.09 in Q3 2017. It is positive, as 24 investors sold Spirit AeroSystems Holdings, Inc. shares while 116 reduced holdings. 19 funds opened positions while 26 raised stakes. Mutual Of America Capital Mngmt Ltd reported 36,382 shares. (NYSE:SPR). Bessemer Gp invested in 0% or 2,225 shares. Bokf Na accumulated 0.08% or 34,610 shares. Finally, Citigroup restated a "buy" rating and issued a $85.00 price target on shares of Spirit AeroSystems in a research report on Tuesday, September 26th.

Analysts await Regal Beloit Corporation (NYSE:RBC) to report earnings on February, 5. Cwm Limited Company owns 260 shares or 0% of their United States portfolio. (NYSE:SPR) reached all time high today, Dec, 24 and still has $91.92 target or 6.00% above today's $86.72 share price. The hedge fund held 57,000 shares of the capital goods company at the end of 2017Q3, valued at $4.43 million, down from 315,000 at the end of the previous reported quarter. State Street Corporation stated it has 0% in Denny's Corporation (NASDAQ:DENN). Conning owns 7,928 shares. Dimensional Fund Ltd Partnership holds 923,378 shares. Pnc Fincl Ser Inc reported 0.01% of its portfolio in Regal Beloit Corporation (NYSE:RBC). Credit Suisse upgraded Spirit AeroSystems Holdings, Inc. It worsened, as 13 investors sold SBCF shares while 29 reduced holdings.

Susquehanna International Group Llp, which manages about $219.16 billion US Long portfolio, decreased its stake in Nelnet Inc (Call) (NYSE:NNI) by 24,200 shares to 21,200 shares, valued at $1.07M in 2017Q3, according to the filing. Therefore 50% are positive. The stock has "Buy" rating by UBS on Wednesday, November 15. BMO Capital Markets maintained Ball Corporation (NYSE:BLL) rating on Wednesday, July 19. The firm has "Buy" rating by Argus Research given on Wednesday, November 18. Jefferies maintained it with "Buy" rating and $4700 target in Friday, June 23 report. Wells Fargo maintained the stock with "Hold" rating in Thursday, November 2 report. The company was maintained on Thursday, September 7 by Robert W. Baird. The stock has a market capitalization of $10,030.00, a P/E ratio of 30.54, a P/E/G ratio of 1.53 and a beta of 1.16. The firm has "Buy" rating given on Wednesday, August 19 by Vetr.

In related news, Director Robert D. Johnson sold 500 shares of the business's stock in a transaction that occurred on Friday, December 1st. Spirit AeroSystems's revenue was up 2.2% compared to the same quarter past year. They expect $0.52 EPS, up 18.18% or $0.08 from last year's $0.44 per share. DENN's profit will be $9.14 million for 24.11 P/E if the $0.14 EPS becomes a reality. It also increased its holding in Gray Television Inc (NYSE:GTN) by 1.39 million shares in the quarter, for a total of 3.30M shares, and has risen its stake in Bank Amer Corp (NYSE:BAC).

Since August 7, 2017, it had 0 insider purchases, and 7 sales for $3.66 million activity. Carey Matt sold $5.03 million worth of The Home Depot, Inc. $60,765 worth of Denny's Corporation (NASDAQ:DENN) was sold by Dunn Stephen C. MORRISON SCOTT C also sold $534,551 worth of Ball Corporation (NYSE:BLL) shares. The shares were sold at an average price of $84.13, for a total transaction of $42,065.00. Following the transaction, the director now owns 1,964 shares of the company's stock, valued at $165,231.32. Clearbridge Ltd Liability accumulated 0% or 413 shares. Ishares Tr (IVW) was raised too. Florida-based Zpr Inv Management has invested 2.55% in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) to report earnings on February, 7. They expect $1.22 earnings per share, up 37.08% or $0.33 from last year's $0.89 per share. (NYSE:SPR). Parallax Volatility Advisers Ltd Partnership has invested 0% in Spirit AeroSystems Holdings, Inc.

(NYSE:SPR). Cubist Systematic Strategies holds 0.23% or 52,481 shares. Therefore 17% are positive. Royal Bank of Canada set a $69.00 price target on Spirit AeroSystems and gave the stock a "sell" rating in a research report on Sunday, September 10th. Spirit AeroSystems Holdings, Inc. (NYSE:SPR) news were published by: Seekingalpha.com which released: "Position Update: Spirit AeroSystems" on September 27, 2017, also Nasdaq.com with their article: "Spirit AeroSystems Up on $1B Expansion Plan, 1K Job Additions" published on December 07, 2017, Reuters.com published: "Spirit AeroSystems' shares soar on Boeing deal" on August 02, 2017. Buckingham Research upgraded the shares of SPR in report on Thursday, June 9 to "Neutral" rating. The stock of Denny's Corporation (NASDAQ:DENN) has "Buy" rating given on Tuesday, August 4 by Zacks. The firm earned "Buy" rating on Thursday, August 3 by Credit Suisse.

The company also recently announced a quarterly dividend, which will be paid on Monday, January 8th.



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