Spirit Airlines Inc (NASDAQ:SAVE) Big Money 2017 Q4 Sentiment at 0.93

May 3, 2018 - By Heather Owens

Spirit Airlines, Inc. (NYSE:SAVE) Corporate Logo

Positions for Spirit Airlines Inc (NASDAQ:SAVE)

In 2017 Q4 Spirit Airlines Inc (NASDAQ:SAVE) big money sentiment decreased to 0.93, according to SEC filings. So its down -0.14, from 2017Q3’s 1.07. 100 hedge funds opened new or increased holdings, while 107 cut down and sold their equity positions in Spirit Airlines Inc so the sentiment has dropped. These funds own 74.01 million shares, that’s up from 67.83 million shares in 2017Q3. Funds holding Spirit Airlines Inc in top 10 changed to 8 from 4 for an increase of 4. 41 Investors Sold All; 66 Reduced Holdings; 58 increased holdings while 42 hedge funds bought holdings.

Significant Spirit Airlines Inc Investors

As of 2017 Q4 Mountain Lake Investment Management Llc has 6.18% invested in Spirit Airlines Inc. Spirit Airlines Inc’s shareholder Quaker Capital Investments Llc owns 401,612 shares as of 2017 Q4. Teewinot Capital Advisers L.L.C. reported 231,137 shares. Rockshelter Capital Management Llc revealed 298,996 shares position in Spirit Airlines Inc. The Utah-based fund Arlington Value Capital Llc looks positive on Spirit Airlines Inc, having 974,773 shares.

Spirit Airlines, Inc. provides low-fare airline services.The firm is valued at $2.44 billion. As of February 7, 2017, it operated approximately 420 daily flights to 59 destinations in the United States, the Caribbean, and Latin America.5.9 is the P/E ratio. As of December 31, 2016, the firm had a fleet of 95 Airbus single-aisle aircraft comprising 29 A319s, 45 A320ceos, 5 A320neos, and 16 A321ceos.

The stock decreased 1.76% or $0.64 during the last trading session, reaching $35.73.Spirit Airlines, Inc. has 1.39M shares volume, 0.71% up from normal. SAVE is downtrending and has moved 27.05% since May 3, 2017. SAVE underperformed the S&P500 by 38.60%.

First Retail Bank Of Omaha owns 0.1% invested in Spirit Airlines, Inc. (NYSE:SAVE) for 25,200 shs. 44,972 are owned by Guggenheim Capital. Ironwood Management Ltd Liability Corp accumulated 38,895 shs or 1.25% of the stock. Congress Asset Mgmt Ma stated it has 0.03% in Spirit Airlines, Inc. (NYSE:SAVE). Cubist Systematic Strategies Limited Liability, Connecticut-based fund reported 700 shs. Invesco Limited has invested 0.03% in Spirit Airlines, Inc. (NYSE:SAVE). California Employees Retirement System owns 151,407 shs for 0.01% of their capital. Blackrock holds 0.01% or 2.67M shs in its capital. Heartland Advsrs Incorporated owns 0.37% invested in Spirit Airlines, Inc. (NYSE:SAVE) for 128,246 shs. Aviance Prns invested 0.28% of its capital in Spirit Airlines, Inc. (NYSE:SAVE). Virtu Ltd Limited Liability Company invested in 8,192 shs or 0.02% of the stock. 375,000 were accumulated by State Of New Jersey Common Pension Fund D. Intact Investment Mngmt Inc holds 4,600 shs or 0.01% of its capital. Stratos Wealth Prtn Limited accumulated 17 shs. Parkside Bancorp & has 0% invested in Spirit Airlines, Inc. (NYSE:SAVE) for 20 shs.

Spirit Airlines, Inc. had 1 sale and 0 insider purchases since March 15, 2018. This’s net activity of $75,425.

Spirit Airlines, Inc. (NYSE:SAVE) Ratings Coverage

In total 13 analysts cover Spirit Airlines (NASDAQ:SAVE). “Buy” rating has 8, “Sell” are 0, while 5 are “Hold”. 62% are bullish. 25 are the (NASDAQ:SAVE)’s analyst reports since November 13, 2017 according to StockzIntelligence Inc. On Wednesday, April 11 the stock has “Hold” rating by Cowen & Co. On Tuesday, January 16 the stock of Spirit Airlines, Inc. (NYSE:SAVE) has “Hold” rating given by Stifel Nicolaus. In Monday, January 8 report Cowen & Co maintained it with “Hold” rating and $49.0 target. On Tuesday, January 9 the firm has “Buy” rating given by Bank of America. On Wednesday, February 7 the firm earned “Hold” rating by Cowen & Co. On Monday, November 13 the firm has “Equal-Weight” rating given by Morgan Stanley. On Wednesday, February 7 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Tuesday, April 17 the rating was maintained by Stephens with “Buy”. On Monday, April 30 the firm earned “Buy” rating by J.P. Morgan. On Friday, April 27 the firm has “Buy” rating given by Imperial Capital.

Spirit Airlines, Inc. (NYSE:SAVE) Institutional Investors Chart

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