State Street Corp lifted its position in shares of Wesco Aircraft Holdings, Inc. (NYSE:WAIR) by 11.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,014,604 shares of the aerospace company’s stock after acquiring an additional 214,402 shares during the quarter. State Street Corp owned 2.02% of Wesco Aircraft Holdings worth $21,861,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Victory Capital Management Inc. boosted its stake in shares of Wesco Aircraft Holdings by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 12,661 shares of the aerospace company’s stock worth $137,000 after acquiring an additional 1,898 shares in the last quarter. Aperio Group LLC purchased a new stake in shares of Wesco Aircraft Holdings during the 2nd quarter worth approximately $186,000. HighTower Advisors LLC boosted its stake in shares of Wesco Aircraft Holdings by 1.9% during the 1st quarter. HighTower Advisors LLC now owns 19,368 shares of the aerospace company’s stock worth $221,000 after acquiring an additional 368 shares in the last quarter. Ramsey Quantitative Systems purchased a new stake in shares of Wesco Aircraft Holdings during the 2nd quarter worth approximately $278,000. Finally, Voya Investment Management LLC boosted its stake in shares of Wesco Aircraft Holdings by 26.1% during the 2nd quarter. Voya Investment Management LLC now owns 26,009 shares of the aerospace company’s stock worth $282,000 after acquiring an additional 5,376 shares in the last quarter. 93.48% of the stock is currently owned by institutional investors and hedge funds.

Shares of Wesco Aircraft Holdings, Inc. (NYSE:WAIR) opened at $8.10 on Friday. Wesco Aircraft Holdings, Inc. has a 52 week low of $6.95 and a 52 week high of $15.78. The company has a quick ratio of 1.19, a current ratio of 4.06 and a debt-to-equity ratio of 1.16. The stock has a market capitalization of $801.61, a P/E ratio of 10.06, a P/E/G ratio of 0.87 and a beta of 0.74.

In other Wesco Aircraft Holdings news, insider Richard Weller purchased 8,000 shares of the business’s stock in a transaction on Wednesday, August 30th. The stock was bought at an average cost of $8.05 per share, for a total transaction of $64,400.00. Following the acquisition, the insider now owns 42,901 shares of the company’s stock, valued at approximately $345,353.05. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Makaira Partners Llc purchased 20,100 shares of the business’s stock in a transaction on Thursday, August 31st. The stock was acquired at an average price of $8.48 per share, with a total value of $170,448.00. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 418,021 shares of company stock worth $3,318,698. 10.30% of the stock is owned by corporate insiders.

ILLEGAL ACTIVITY NOTICE: “Wesco Aircraft Holdings, Inc. (WAIR) Shares Bought by State Street Corp” was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this story on another website, it was stolen and reposted in violation of U.S. & international copyright legislation. The legal version of this story can be viewed at https://www.thecerbatgem.com/2017/11/17/wesco-aircraft-holdings-inc-wair-shares-bought-by-state-street-corp.html.

A number of research firms recently issued reports on WAIR. BidaskClub lowered Wesco Aircraft Holdings from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. ValuEngine raised Wesco Aircraft Holdings from a “hold” rating to a “buy” rating in a research note on Tuesday, July 25th. TheStreet lowered Wesco Aircraft Holdings from a “c” rating to a “d+” rating in a research note on Tuesday, August 8th. Cowen and Company reaffirmed a “hold” rating on shares of Wesco Aircraft Holdings in a research note on Wednesday, August 9th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and issued a $9.00 target price on shares of Wesco Aircraft Holdings in a research note on Sunday, July 23rd. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $10.60.

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.

Want to see what other hedge funds are holding WAIR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wesco Aircraft Holdings, Inc. (NYSE:WAIR).

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

Receive News & Stock Ratings for Wesco Aircraft Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wesco Aircraft Holdings Inc. and related stocks with our FREE daily email newsletter.