Dimensional Fund Advisors LP Has $46,727,000 Stake in Wesco Aircraft Holdings Inc (WAIR)

Dimensional Fund Advisors LP raised its stake in Wesco Aircraft Holdings Inc (NYSE:WAIR) by 6.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,125,501 shares of the company’s stock after buying an additional 177,575 shares during the period. Dimensional Fund Advisors LP owned about 3.16% of Wesco Aircraft Holdings worth $46,727,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of the company. Cornercap Investment Counsel Inc. acquired a new stake in Wesco Aircraft Holdings during the fourth quarter valued at about $233,000. Irving Magee Investment Management raised its position in shares of Wesco Aircraft Holdings by 24.1% in the third quarter. Irving Magee Investment Management now owns 371,750 shares of the company’s stock valued at $4,993,000 after buying an additional 72,082 shares during the last quarter. Susquehanna International Group LLP raised its position in shares of Wesco Aircraft Holdings by 378.3% in the third quarter. Susquehanna International Group LLP now owns 46,062 shares of the company’s stock valued at $619,000 after buying an additional 62,615 shares during the last quarter. Private Management Group Inc. raised its position in shares of Wesco Aircraft Holdings by 50.0% in the third quarter. Private Management Group Inc. now owns 663,820 shares of the company’s stock valued at $8,915,000 after buying an additional 221,181 shares during the last quarter. Finally, BlackRock Fund Advisors raised its position in shares of Wesco Aircraft Holdings by 10.1% in the third quarter. BlackRock Fund Advisors now owns 2,305,014 shares of the company’s stock valued at $30,956,000 after buying an additional 211,567 shares during the last quarter. Institutional investors own 89.36% of the company’s stock.

Institutional Ownership by Quarter for Wesco Aircraft Holdings (NYSE:WAIR)

Wesco Aircraft Holdings Inc (NYSE:WAIR) opened at 11.75 on Tuesday. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of 13.84 and a beta of 0.93. The stock has a 50 day moving average price of $12.76 and a 200 day moving average price of $13.78. Wesco Aircraft Holdings Inc has a 12 month low of $11.25 and a 12 month high of $15.77.

Wesco Aircraft Holdings (NYSE:WAIR) last issued its earnings results on Tuesday, February 7th. The company reported $0.19 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.25 by $0.06. The business earned $339.40 million during the quarter, compared to analyst estimates of $358.57 million. Wesco Aircraft Holdings had a net margin of 5.76% and a return on equity of 12.02%. The company’s revenue for the quarter was down 5.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.25 EPS. On average, equities analysts expect that Wesco Aircraft Holdings Inc will post $1.12 earnings per share for the current fiscal year.

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Several research analysts have recently commented on the company. Zacks Investment Research lowered Wesco Aircraft Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, January 24th. Deutsche Bank AG lifted their target price on Wesco Aircraft Holdings from $11.00 to $12.00 and gave the stock a “sell” rating in a research report on Monday, December 5th. Finally, SunTrust Banks, Inc. assumed coverage on Wesco Aircraft Holdings in a research report on Thursday, January 19th. They issued a “buy” rating and a $18.00 target price for the company. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company’s stock. Wesco Aircraft Holdings presently has an average rating of “Hold” and an average target price of $15.00.

In other Wesco Aircraft Holdings news, COO Alex Murray bought 8,545 shares of Wesco Aircraft Holdings stock in a transaction on Monday, March 6th. The shares were purchased at an average price of $11.66 per share, with a total value of $99,634.70. Following the acquisition, the chief operating officer now owns 113,932 shares in the company, valued at approximately $1,328,447.12. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 10.30% of the company’s stock.

Wesco Aircraft Holdings Company Profile

Wesco Aircraft Holdings, Inc is a distributor and provider of supply chain management services to the global aerospace industry. The Company operates through two segments: North America and Rest of World. As of September 30, 2016, the Company supplied over 565,000 active stock-keeping units (SKUs), including C-class hardware, chemicals, electronic components, bearings, tools and machined parts.

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