Leeward Investments LLC MA Sells 412 Shares of Spire Inc. (NYSE:SR)

Leeward Investments LLC MA reduced its holdings in shares of Spire Inc. (NYSE:SR) by 0.3% during the third quarter, HoldingsChannel reports. The firm owned 123,287 shares of the utilities provider’s stock after selling 412 shares during the period. Leeward Investments LLC MA’s holdings in Spire were worth $8,296,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. International Assets Investment Management LLC bought a new position in Spire in the second quarter valued at about $31,000. LRI Investments LLC purchased a new stake in Spire in the first quarter worth about $35,000. EntryPoint Capital LLC purchased a new stake in Spire in the first quarter worth about $47,000. Blue Trust Inc. increased its position in Spire by 26.8% in the second quarter. Blue Trust Inc. now owns 761 shares of the utilities provider’s stock worth $47,000 after buying an additional 161 shares in the last quarter. Finally, Parkside Financial Bank & Trust increased its position in Spire by 6,551.6% in the second quarter. Parkside Financial Bank & Trust now owns 2,062 shares of the utilities provider’s stock worth $125,000 after buying an additional 2,031 shares in the last quarter. Institutional investors own 87.36% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the company. Morgan Stanley upped their price target on Spire from $70.00 to $76.00 and gave the stock an “equal weight” rating in a research report on Wednesday, September 25th. LADENBURG THALM/SH SH cut Spire from a “neutral” rating to a “sell” rating and reduced their price target for the stock from $65.50 to $60.50 in a research report on Thursday, October 17th. Stifel Nicolaus increased their target price on Spire from $64.00 to $70.00 and gave the stock a “hold” rating in a research report on Thursday, August 1st. Finally, Wells Fargo & Company increased their target price on Spire from $72.00 to $73.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 16th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Spire currently has a consensus rating of “Hold” and an average price target of $66.19.

Insider Buying and Selling at Spire

In other Spire news, VP Gerard J. Gorla sold 500 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $64.82, for a total transaction of $32,410.00. Following the completion of the transaction, the vice president now owns 7,311 shares in the company, valued at $473,899.02. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 2.86% of the stock is currently owned by company insiders.

Spire Stock Performance

NYSE SR opened at $63.94 on Friday. The stock has a market capitalization of $3.69 billion, a PE ratio of 15.37, a P/E/G ratio of 2.75 and a beta of 0.52. The business has a 50 day simple moving average of $65.49 and a two-hundred day simple moving average of $63.38. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.48 and a quick ratio of 0.35. Spire Inc. has a 1-year low of $56.36 and a 1-year high of $68.02.

Spire Company Profile

Spire Inc, together with its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. The company operates through three segments: Gas Utility, Gas Marketing, and Midstream. It is also involved in the marketing of natural gas and related services; and transportation and storage of natural gas.