-6.43 % to Target, Stifel Nicolaus Reaffirms ‘”Hold”’ Rating on Spirit Airlines (NASDAQ:SAVE) Shares Today

Spirit Airlines, Inc. (NYSE:SAVE) Logo

Investors sentiment increased to 1 in Q2 2018. Its up 0.10, from 0.9 in 2018Q1. It improved, as 38 investors sold Spirit Airlines, Inc. shares while 54 reduced holdings. 19 funds opened positions while 73 raised stakes. 77.03 million shares or 8.06% more from 71.29 million shares in 2018Q1 were reported.

Pekin Singer Strauss Asset Management Il reported 440,465 shares. 27,204 are held by Cambridge Invest Advisors. Plante Moran Financial Limited Liability Corporation reported 38 shares. Jennison Ltd Liability Company invested in 0.05% or 1.37 million shares. Wedge Capital Mngmt L Lp Nc holds 0.13% of its portfolio in Spirit Airlines, Inc. (NYSE:SAVE) for 376,954 shares. Swiss Retail Bank has invested 0% in Spirit Airlines, Inc. (NYSE:SAVE). Bnp Paribas Arbitrage reported 0% of its portfolio in Spirit Airlines, Inc. (NYSE:SAVE). Mountain Lake Investment Mgmt Ltd reported 460,000 shares stake. Deutsche Comml Bank Ag holds 0% or 137,496 shares in its portfolio. First Manhattan Communications reported 7,420 shares. Principal Fincl Group Inc holds 7,038 shares. Rhumbline Advisers owns 70,950 shares or 0.01% of their US portfolio. Roundview Cap Limited Liability Com reported 18,600 shares stake. 468,630 were reported by Goldman Sachs Group Inc Inc. Carmignac Gestion reported 0.06% of its portfolio in Spirit Airlines, Inc. (NYSE:SAVE).

Since September 4, 2018, it had 0 buys, and 4 sales for $361,380 activity. Villa Laurie sold $71,106 worth of stock or 1,400 shares. The insider JOHNSON ROBERT D sold 750 shares worth $35,648.

Spirit Airlines (NASDAQ:SAVE) Rating Reaffirmed

In analysts note published on 27 November, The “Hold” rating of Spirit Airlines (NASDAQ:SAVE) shares was kept by Analysts at Stifel Nicolaus, who now has a $60.0000 PT on the stock. Stifel Nicolaus’s PT suggests a possible downside of -6.43 % from the last stock price of the company.

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

Among 13 analysts covering Spirit Airlines (NASDAQ:SAVE), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. Spirit Airlines has $82 highest and $42 lowest target. $62.31’s average target is -2.82% below currents $64.12 stock price. Spirit Airlines had 21 analyst reports since June 13, 2018 according to SRatingsIntel. The firm has “Neutral” rating by Buckingham Research given on Wednesday, June 13. On Thursday, October 11 the stock rating was maintained by Imperial Capital with “Outperform”. The firm has “Buy” rating given on Wednesday, November 28 by J.P. Morgan. Morgan Stanley maintained the shares of SAVE in report on Wednesday, November 14 with “Equal-Weight” rating. Buckingham Research maintained Spirit Airlines, Inc. (NYSE:SAVE) on Friday, October 26 with “Buy” rating. Macquarie Research maintained Spirit Airlines, Inc. (NYSE:SAVE) on Tuesday, August 28 with “Outperform” rating. Barclays Capital maintained Spirit Airlines, Inc. (NYSE:SAVE) on Monday, July 16 with “Equal-Weight” rating. The rating was maintained by Citigroup on Thursday, July 12 with “Buy”. As per Tuesday, November 27, the company rating was maintained by Stifel Nicolaus. The stock has “Neutral” rating by JP Morgan on Tuesday, October 30.

The stock increased 3.42% or $2.12 during the last trading session, reaching $64.12. About 726,531 shares traded. Spirit Airlines, Inc. (NASDAQ:SAVE) has risen 39.84% since December 2, 2017 and is uptrending. It has outperformed by 24.22% the S&P500.

Spirit Airlines, Inc. provides low-fare airline services. The company has market cap of $4.38 billion. As of February 7, 2017, it operated approximately 420 daily flights to 59 destinations in the United States, the Caribbean, and Latin America. It has a 13.91 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.

More notable recent Spirit Airlines, Inc. (NYSE:SAVE) news were published by: Fool.com which released: “Stock Market Power Rankings: Save Us, Amazon – The Motley Fool” on November 25, 2018, also Fool.com with their article: “3 Stocks Built to Thrive in a Bear Market – The Motley Fool” published on November 30, 2018, Benzinga.com published: “Spirit Airlines (NYSE:SAVE) Lifts Q4 Guidance: The Sell-Side Reacts – Benzinga” on November 27, 2018. More interesting news about Spirit Airlines, Inc. (NYSE:SAVE) were released by: Bizjournals.com and their article: “New KCI could be midcontinent hub for Southwest – Kansas City Business Journal” published on November 19, 2018 as well as Fool.com‘s news article titled: “Why Spirit Airlines, Bluegreen Vacations, and StoneCo Jumped Today – The Motley Fool” with publication date: November 27, 2018.

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

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