Wesco Aircraft Holdings Inc (NYSE:WAIR) Institutional Investor Sentiment Analysis

January 22, 2018 - By marketbeat

 Wesco Aircraft Holdings Inc (NYSE:WAIR) Institutional Investor Sentiment Analysis

Sentiment for Wesco Aircraft Holdings Inc (NYSE:WAIR)

Wesco Aircraft Holdings Inc (NYSE:WAIR) institutional sentiment increased to 1.42 in 2017 Q3. Its up 0.56, from 0.86 in 2017Q2. The ratio is better, as 54 active investment managers increased or started new positions, while 38 sold and trimmed positions in Wesco Aircraft Holdings Inc. The active investment managers in our partner’s database now have: 93.39 million shares, up from 92.21 million shares in 2017Q2. Also, the number of active investment managers holding Wesco Aircraft Holdings Inc in their top 10 positions was flat from 4 to 4 for the same number . Sold All: 11 Reduced: 27 Increased: 39 New Position: 15.

Wesco Aircraft Holdings, Inc. distributes aerospace bearing products and provides supply chain management services to the aerospace industry in the North America and internationally. The company has market cap of $729.01 million. The Company’s services comprise traditional distribution, management of supplier relationships, quality assurance, kitting, just-in-time delivery, and point-of-use inventory management. It currently has negative earnings. The firm supplies approximately 575,000 active stock-keeping units, including hardware, chemicals, electronic components, bearings, tools, and machined parts.

The stock decreased 1.01% or $0.08 during the last trading session, reaching $7.32. About 91,145 shares traded. Wesco Aircraft Holdings, Inc. (NYSE:WAIR) has declined 35.60% since January 22, 2017 and is downtrending. It has underperformed by 52.30% the S&P500.

Analysts await Wesco Aircraft Holdings, Inc. (NYSE:WAIR) to report earnings on February, 6. They expect $0.13 earnings per share, down 31.58 % or $0.06 from last year’s $0.19 per share. WAIR’s profit will be $12.95M for 14.08 P/E if the $0.13 EPS becomes a reality. After $0.08 actual earnings per share reported by Wesco Aircraft Holdings, Inc. for the previous quarter, Wall Street now forecasts 62.50 % EPS growth.

Msd Capital L P holds 17.9% of its portfolio in Wesco Aircraft Holdings, Inc. for 4.52 million shares. Carlyle Group L.P. owns 23.10 million shares or 13.77% of their US portfolio. Moreover, Makaira Partners Llc has 12.41% invested in the company for 10.17 million shares. The California-based Cove Street Capital Llc has invested 4.89% in the stock. Weitz Investment Management Inc., a Nebraska-based fund reported 2.98 million shares.#img1#

Since January 1, 0001, it had 2 buys, and 0 insider sales for $3.36 million activity.

Wesco Aircraft Holdings, Inc. (NYSE:WAIR) Ratings Coverage

Ratings analysis reveals 22% of Wesco Aircraft Holdings’s analysts are positive. Out of 9 Wall Street analysts rating Wesco Aircraft Holdings, 2 give it “Buy”, 0 “Sell” rating, while 7 recommend “Hold”. The lowest target is $7.0 while the high is $18. The stock’s average target of $12.63 is 72.54% above today’s ($7.32) share price. WAIR was included in 28 notes of analysts from August 7, 2015. Jefferies downgraded Wesco Aircraft Holdings, Inc. (NYSE:WAIR) on Monday, July 18 to “Underperform” rating. The firm has “Hold” rating by Jefferies given on Monday, May 15. The firm earned “Hold” rating on Wednesday, August 9 by Cowen & Co. The rating was initiated by Rosenblatt with “Neutral” on Tuesday, October 27. As per Friday, August 7, the company rating was maintained by Citigroup. Jefferies maintained the shares of WAIR in report on Friday, June 16 with “Hold” rating. As per Thursday, January 19, the company rating was initiated by SunTrust. The firm has “Hold” rating given on Thursday, November 30 by Deutsche Bank. Jefferies maintained Wesco Aircraft Holdings, Inc. (NYSE:WAIR) on Friday, October 13 with “Hold” rating. The firm has “Hold” rating given on Monday, July 17 by Cowen & Co.

More notable recent Wesco Aircraft Holdings, Inc. (NYSE:WAIR) news were published by: Globenewswire.com which released: “Wesco Aircraft Announces Fiscal 2017 Third Quarter Earnings Release Date and …” on July 25, 2017, also Fool.com with their article: “Why Intra-Cellular Therapies, Wesco Aircraft Holdings, and Radius Health …” published on May 01, 2017, Globenewswire.com published: “Wesco Aircraft Announces Retirement of Chief Financial Officer” on June 08, 2017. More interesting news about Wesco Aircraft Holdings, Inc. (NYSE:WAIR) were released by: Seekingalpha.com and their article: “Wesco Aircraft Holdings’ (WAIR) CEO Todd Renehan on Q4 2017 Results – Earnings …” published on November 29, 2017 as well as Seekingalpha.com‘s news article titled: “Wesco Aircraft: Discarded Value In A Market Of Increasing Risk And Uncertainty” with publication date: August 28, 2017.

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