Today: Wesco Aircraft Holdings Inc. (WAIR) Stake Held by Amica Mutual Insurance Co.

Today: Wesco Aircraft Holdings Inc. (WAIR) Stake Held by Amica Mutual Insurance Co.

Amica Mutual Insurance Co. continued to hold its position in Wesco Aircraft Holdings Inc. (NYSE:WAIR) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 269,715 shares of the company’s stock at the end of the third quarter. Amica Mutual Insurance Co. owned approximately 0.27% of Wesco Aircraft Holdings worth $3,622,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Pzena Investment Management LLC purchased a new stake in shares of Wesco Aircraft Holdings during the third quarter valued at approximately $5,092,000. PNC Financial Services Group Inc. increased its stake in shares of Wesco Aircraft Holdings by 3.4% in the third quarter. PNC Financial Services Group Inc. now owns 2,971,408 shares of the company’s stock valued at $39,907,000 after buying an additional 98,568 shares during the last quarter. Aperio Group LLC increased its stake in shares of Wesco Aircraft Holdings by 9.2% in the third quarter. Aperio Group LLC now owns 13,125 shares of the company’s stock valued at $176,000 after buying an additional 1,105 shares during the last quarter. Virginia Retirement Systems ET AL increased its stake in shares of Wesco Aircraft Holdings by 9.1% in the third quarter. Virginia Retirement Systems ET AL now owns 40,900 shares of the company’s stock valued at $549,000 after buying an additional 3,400 shares during the last quarter. Finally, Eqis Capital Management Inc. increased its stake in shares of Wesco Aircraft Holdings by 2.7% in the third quarter. Eqis Capital Management Inc. now owns 30,534 shares of the company’s stock valued at $410,000 after buying an additional 803 shares during the last quarter. 89.10% of the stock is owned by institutional investors.

Wesco Aircraft Holdings Inc. (NYSE:WAIR) remained flat at $15.00 during midday trading on Monday. 62,446 shares of the stock traded hands. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 16.13 and a beta of 0.80. The firm’s 50-day moving average is $13.32 and its 200-day moving average is $13.62. Wesco Aircraft Holdings Inc. has a one year low of $9.91 and a one year high of $15.30.

Wesco Aircraft Holdings (NYSE:WAIR) last issued its earnings results on Thursday, November 17th. The company reported $0.30 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.30. The business earned $365.60 million during the quarter. Wesco Aircraft Holdings had a net margin of 6.19% and a return on equity of 13.00%. Wesco Aircraft Holdings’s quarterly revenue was down 1.1% on a year-over-year basis. During the same quarter last year, the company earned $0.27 earnings per share. Equities research analysts predict that Wesco Aircraft Holdings Inc. will post $1.12 EPS for the current fiscal year.

Several equities analysts recently weighed in on the stock. Jefferies Group set a $12.00 target price on shares of Wesco Aircraft Holdings and gave the company a “sell” rating in a research note on Saturday, November 19th. KeyCorp reaffirmed a “hold” rating on shares of Wesco Aircraft Holdings in a research note on Wednesday, September 28th. Zacks Investment Research raised shares of Wesco Aircraft Holdings from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research note on Wednesday, November 23rd. Finally, Rosenblatt Securities raised shares of Wesco Aircraft Holdings from a “neutral” rating to a “buy” rating and set a $17.00 target price for the company in a research note on Friday, October 7th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. Wesco Aircraft Holdings presently has an average rating of “Hold” and a consensus target price of $15.00.

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’s services range from traditional distribution to the management of supplier relationships, quality assurance, kitting, just-in-time (JIT) delivery and point-of-use inventory management.

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