Campbell & CO Investment Adviser LLC acquired a new stake in shares of Wesco Aircraft Holdings, Inc. (NYSE:WAIR) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 25,789 shares of the aerospace company’s stock, valued at approximately $242,000.

Other hedge funds have also recently made changes to their positions in the company. Frontier Capital Management Co. LLC raised its position in shares of Wesco Aircraft by 9.4% during the 3rd quarter. Frontier Capital Management Co. LLC now owns 6,088,113 shares of the aerospace company’s stock valued at $57,228,000 after purchasing an additional 522,991 shares during the period. Vanguard Group Inc. increased its holdings in Wesco Aircraft by 0.4% in the 2nd quarter. Vanguard Group Inc. now owns 4,534,638 shares of the aerospace company’s stock valued at $49,201,000 after acquiring an additional 19,114 shares during the last quarter. Kennedy Capital Management Inc. bought a new stake in Wesco Aircraft in the 2nd quarter valued at $2,363,000. Migdal Insurance & Financial Holdings Ltd. increased its holdings in Wesco Aircraft by 42.7% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 78,919 shares of the aerospace company’s stock valued at $837,000 after acquiring an additional 23,617 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. increased its holdings in Wesco Aircraft by 158.9% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 139,243 shares of the aerospace company’s stock valued at $1,511,000 after acquiring an additional 85,461 shares during the last quarter. Hedge funds and other institutional investors own 94.87% of the company’s stock.

Wesco Aircraft Holdings, Inc. (NYSE:WAIR) traded down $0.10 during trading on Friday, hitting $7.30. 506,168 shares of the stock were exchanged, compared to its average volume of 490,696. Wesco Aircraft Holdings, Inc. has a 12-month low of $6.05 and a 12-month high of $15.78. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.19 and a current ratio of 3.87. The company has a market cap of $735.81, a P/E ratio of 12.76, a PEG ratio of 0.86 and a beta of 0.67.

Wesco Aircraft (NYSE:WAIR) last posted its earnings results on Tuesday, November 28th. The aerospace company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.11). Wesco Aircraft had a positive return on equity of 7.37% and a negative net margin of 16.60%. The business had revenue of $361.60 million during the quarter, compared to the consensus estimate of $363.20 million. During the same quarter last year, the firm earned $0.30 earnings per share. The business’s quarterly revenue was down 1.1% on a year-over-year basis. sell-side analysts forecast that Wesco Aircraft Holdings, Inc. will post 0.72 earnings per share for the current year.

WAIR has been the topic of a number of research reports. Zacks Investment Research downgraded shares of Wesco Aircraft from a “hold” rating to a “strong sell” rating in a report on Thursday, October 12th. BidaskClub downgraded shares of Wesco Aircraft from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. ValuEngine downgraded shares of Wesco Aircraft from a “buy” rating to a “hold” rating in a report on Thursday, August 17th. Deutsche Bank upgraded shares of Wesco Aircraft from a “sell” rating to a “hold” rating and set a $7.50 price target on the stock in a report on Thursday. Finally, Cowen reiterated a “hold” rating on shares of Wesco Aircraft in a report on Wednesday, August 9th. Six analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $9.30.

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About Wesco Aircraft

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.

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

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