California State Teachers Retirement System cut its position in shares of Wesco Aircraft Holdings, Inc. (NYSE:WAIR) by 9.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 98,807 shares of the aerospace company’s stock after selling 10,800 shares during the period. California State Teachers Retirement System owned approximately 0.10% of Wesco Aircraft worth $1,072,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Makaira Partners LLC boosted its stake in Wesco Aircraft by 18.0% during the second quarter. Makaira Partners LLC now owns 9,649,938 shares of the aerospace company’s stock valued at $104,702,000 after buying an additional 1,474,630 shares during the last quarter. Frontier Capital Management Co. LLC boosted its stake in Wesco Aircraft by 51.7% during the second quarter. Frontier Capital Management Co. LLC now owns 5,565,122 shares of the aerospace company’s stock valued at $60,382,000 after buying an additional 1,896,483 shares during the last quarter. Vanguard Group Inc. boosted its stake in Wesco Aircraft by 0.4% during the second quarter. Vanguard Group Inc. now owns 4,534,638 shares of the aerospace company’s stock valued at $49,201,000 after buying an additional 19,114 shares during the last quarter. Cove Street Capital LLC boosted its stake in Wesco Aircraft by 146.6% during the second quarter. Cove Street Capital LLC now owns 4,375,845 shares of the aerospace company’s stock valued at $47,478,000 after buying an additional 2,601,134 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in Wesco Aircraft by 13.2% during the second quarter. Dimensional Fund Advisors LP now owns 4,061,409 shares of the aerospace company’s stock valued at $44,065,000 after buying an additional 473,010 shares during the last quarter. 92.35% of the stock is owned by institutional investors.

Shares of Wesco Aircraft Holdings, Inc. (WAIR) remained flat at $$8.00 during mid-day trading on Friday. 313,997 shares of the company were exchanged, compared to its average volume of 276,904. Wesco Aircraft Holdings, Inc. has a one year low of $6.95 and a one year high of $15.77. The company has a debt-to-equity ratio of 1.16, a current ratio of 4.06 and a quick ratio of 1.19. The firm has a market capitalization of $796.63, a PE ratio of 10.00, a P/E/G ratio of 0.87 and a beta of 0.74.

In other Wesco Aircraft news, major shareholder Makaira Partners Llc purchased 20,100 shares of Wesco Aircraft stock in a transaction dated Thursday, August 31st. The shares were purchased at an average cost of $8.48 per share, for a total transaction of $170,448.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Richard Weller purchased 4,863 shares of Wesco Aircraft stock in a transaction dated Tuesday, August 29th. The stock was acquired at an average price of $8.00 per share, for a total transaction of $38,904.00. Following the completion of the acquisition, the chief financial officer now owns 42,901 shares of the company’s stock, valued at approximately $343,208. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 112,147 shares of company stock worth $911,975. Company insiders own 10.30% of the company’s stock.

A number of equities analysts recently commented on WAIR shares. SunTrust Banks, Inc. reissued a “buy” rating and set a $12.00 price target on shares of Wesco Aircraft in a research note on Monday, October 2nd. BidaskClub upgraded Wesco Aircraft from a “hold” rating to a “buy” rating in a research report on Saturday, September 16th. Zacks Investment Research upgraded Wesco Aircraft from a “hold” rating to a “buy” rating and set a $11.00 price objective on the stock in a research report on Thursday, October 19th. TheStreet downgraded Wesco Aircraft from a “c” rating to a “d+” rating in a research report on Tuesday, August 8th. Finally, ValuEngine downgraded Wesco Aircraft from a “buy” rating to a “hold” rating in a research report on Thursday, August 17th. One analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company’s stock. Wesco Aircraft presently has an average rating of “Hold” and a consensus price target of $10.60.

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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.

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

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