Geode Capital Management Has Lowered Its Spirit Aerosystems Hold (SPR) Holding as Stock Price Declined; Select Equity Group LP Position in Martin Marietta Matls (MLM) Has Lowered by $47.04 Billion as Market Value Declined

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) Logo

Geode Capital Management Llc decreased its stake in Spirit Aerosystems Hold (SPR) by 1.73% based on its latest 2017Q4 regulatory filing with the SEC. Geode Capital Management Llc sold 24,262 shares as the company’s stock declined 3.86% with the market. The institutional investor held 1.38M shares of the capital goods company at the end of 2017Q4, valued at $120.27M, down from 1.40 million at the end of the previous reported quarter. Geode Capital Management Llc who had been investing in Spirit Aerosystems Hold for a number of months, seems to be less bullish one the $9.24B market cap company. The stock increased 0.09% or $0.07 during the last trading session, reaching $80.58. About 445,046 shares traded. Spirit AeroSystems Holdings, Inc. (NYSE:SPR) has risen 46.91% since April 24, 2017 and is uptrending. It has outperformed by 35.36% the S&P500.

Robert Joseph Caruso decreased its stake in Martin Marietta Matls Inc (MLM) by 10.7% based on its latest 2017Q4 regulatory filing with the SEC. Select Equity Group Lp sold 212,797 shares as the company’s stock declined 2.69% with the market. The hedge fund run by Robert Joseph Caruso held 1.78M shares of the basic industries company at the end of 2017Q4, valued at $392.61B, down from 1.99M at the end of the previous reported quarter. Select Equity Group Lp who had been investing in Martin Marietta Matls Inc for a number of months, seems to be less bullish one the $12.37B market cap company. The stock increased 0.11% or $0.21 during the last trading session, reaching $196.93. About 338,081 shares traded. Martin Marietta Materials, Inc. (NYSE:MLM) has declined 0.78% since April 24, 2017 and is downtrending. It has underperformed by 12.33% the S&P500.

Analysts await Spirit AeroSystems Holdings, Inc. (NYSE:SPR) to report earnings on May, 2. They expect $1.33 earnings per share, up 13.68% or $0.16 from last year’s $1.17 per share. SPR’s profit will be $152.46M for 15.15 P/E if the $1.33 EPS becomes a reality. After $1.32 actual earnings per share reported by Spirit AeroSystems Holdings, Inc. for the previous quarter, Wall Street now forecasts 0.76% EPS growth.

Investors sentiment increased to 1.19 in Q4 2017. Its up 0.10, from 1.09 in 2017Q3. It is positive, as 38 investors sold SPR shares while 102 reduced holdings. 69 funds opened positions while 97 raised stakes. 108.59 million shares or 0.93% less from 109.62 million shares in 2017Q3 were reported. Pictet Asset Mgmt has 0.01% invested in Spirit AeroSystems Holdings, Inc. (NYSE:SPR). 190,000 are owned by Scopus Asset Ltd Partnership. New York-based Laurion Management Limited Partnership has invested 0% in Spirit AeroSystems Holdings, Inc. (NYSE:SPR). 4,066 were reported by Whittier Tru. Gam Ag invested 0.13% in Spirit AeroSystems Holdings, Inc. (NYSE:SPR). Schafer Cullen Cap Inc holds 0.01% or 7,480 shares. Apg Asset Nv holds 0.06% or 454,400 shares. Farr Miller And Washington Limited Liability Dc has 8,050 shares. Axa holds 0.02% of its portfolio in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) for 50,693 shares. Globeflex Limited Partnership invested 0.39% of its portfolio in Spirit AeroSystems Holdings, Inc. (NYSE:SPR). Ubs Asset Americas invested in 0.11% or 1.47 million shares. Alliancebernstein LP stated it has 283,199 shares. New York-based Renaissance Tech has invested 0.05% in Spirit AeroSystems Holdings, Inc. (NYSE:SPR). Tiaa Cref Investment Mngmt Limited has 1.08M shares. Aqr Capital Mngmt Ltd Liability owns 0.39% invested in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) for 4.22 million shares.

Among 23 analysts covering Spirit Aerosystems (NYSE:SPR), 14 have Buy rating, 1 Sell and 8 Hold. Therefore 61% are positive. Spirit Aerosystems had 73 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Sell” rating by Goldman Sachs given on Friday, January 29. The firm has “Outperform” rating given on Thursday, November 2 by Credit Suisse. Canaccord Genuity maintained Spirit AeroSystems Holdings, Inc. (NYSE:SPR) rating on Thursday, August 3. Canaccord Genuity has “Buy” rating and $80 target. As per Thursday, July 30, the company rating was maintained by RBC Capital Markets. On Friday, January 15 the stock rating was upgraded by Credit Suisse to “Outperform”. The stock has “Hold” rating by SunTrust on Monday, April 23. The stock has “Sector Perform” rating by RBC Capital Markets on Thursday, February 4. The company was maintained on Thursday, June 9 by Barclays Capital. Bernstein maintained Spirit AeroSystems Holdings, Inc. (NYSE:SPR) on Thursday, November 2 with “Buy” rating. The rating was maintained by Credit Suisse with “Buy” on Thursday, August 3.

Geode Capital Management Llc, which manages about $294.47 billion US Long portfolio, upped its stake in A by 13,269 shares to 130,445 shares, valued at $5.41 million in 2017Q4, according to the filing. It also increased its holding in Conn’s Inc (NASDAQ:CONN) by 28,759 shares in the quarter, for a total of 245,471 shares, and has risen its stake in Enpro Industries Inc (NYSE:NPO).

Analysts await Martin Marietta Materials, Inc. (NYSE:MLM) to report earnings on May, 1. They expect $0.47 earnings per share, down 29.85% or $0.20 from last year’s $0.67 per share. MLM’s profit will be $29.53 million for 104.75 P/E if the $0.47 EPS becomes a reality. After $1.88 actual earnings per share reported by Martin Marietta Materials, Inc. for the previous quarter, Wall Street now forecasts -75.00% negative EPS growth.

Select Equity Group Lp, which manages about $13.68B and $12564.68B US Long portfolio, upped its stake in Baidu Inc (NASDAQ:BIDU) by 31,380 shares to 923,899 shares, valued at $216.39 billion in 2017Q4, according to the filing. It also increased its holding in Heico Corp New (NYSE:HEI.A) by 46,514 shares in the quarter, for a total of 958,812 shares, and has risen its stake in Berkshire Hathaway Inc Del (BRKB).

Since February 14, 2018, it had 0 insider buys, and 2 insider sales for $1.27 million activity. $642,000 worth of Martin Marietta Materials, Inc. (NYSE:MLM) was sold by PEREZ LAREE E on Wednesday, February 14.

Among 13 analysts covering Martin Marietta (NYSE:MLM), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. Martin Marietta had 32 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Thursday, October 19 by Bank of America. The firm earned “Buy” rating on Friday, October 2 by Longbow. On Thursday, June 9 the stock rating was initiated by Alembic with “Overweight”. Cleveland upgraded the shares of MLM in report on Monday, April 3 to “Buy” rating. The firm has “Buy” rating given on Wednesday, October 11 by Jefferies. On Tuesday, February 13 the stock rating was maintained by Jefferies with “Buy”. The rating was maintained by Citigroup on Thursday, January 25 with “Buy”. The stock of Martin Marietta Materials, Inc. (NYSE:MLM) earned “Buy” rating by Goldman Sachs on Wednesday, June 8. The firm has “Buy” rating given on Friday, March 31 by Cleveland. The firm has “Hold” rating given on Wednesday, January 3 by Stephens.

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) Institutional Positions Chart