Domtar (UFS) Reaches $47.24 Formed H&S; Wesco Aircraft Holdings (WAIR) Shorts Raised By 9.26%

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Wesco Aircraft Holdings Inc (NYSE:WAIR) had an increase of 9.26% in short interest. WAIR’s SI was 4.14M shares in May as released by FINRA. Its up 9.26% from 3.79 million shares previously. With 783,000 avg volume, 5 days are for Wesco Aircraft Holdings Inc (NYSE:WAIR)’s short sellers to cover WAIR’s short positions. The SI to Wesco Aircraft Holdings Inc’s float is 7.64%. The stock increased 0.48% or $0.05 during the last trading session, reaching $10.4. About 499,383 shares traded. Wesco Aircraft Holdings, Inc. (NYSE:WAIR) has declined 7.62% since May 17, 2017 and is downtrending. It has underperformed by 19.17% the S&P500.

Domtar Corporation (UFS) formed H&S with $45.82 target or 3.00% below today’s $47.24 share price. Domtar Corporation (UFS) has $2.97B valuation. The stock increased 1.29% or $0.6 during the last trading session, reaching $47.24. About 613,415 shares traded. Domtar Corporation (NYSE:UFS) has risen 15.04% since May 17, 2017 and is uptrending. It has outperformed by 3.49% the S&P500.

More news for Wesco Aircraft Holdings, Inc. (NYSE:WAIR) were recently published by: Globenewswire.com, which released: “Wesco Aircraft Holdings Reports Fiscal 2018 Second Quarter Results” on May 03, 2018. Nasdaq.com‘s article titled: “Boeing’s Latest Deal Is a Blow to Wesco Aircraft” and published on May 07, 2018 is yet another important article.

Since February 14, 2018, it had 2 insider buys, and 0 selling transactions for $5.62 million activity. On Thursday, March 1 Makaira Partners LLC bought $775,988 worth of Wesco Aircraft Holdings, Inc. (NYSE:WAIR) or 83,810 shares.

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 $1.04 billion. 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.

Investors sentiment decreased to 1.27 in Q4 2017. Its down 0.15, from 1.42 in 2017Q3. It turned negative, as 12 investors sold Wesco Aircraft Holdings, Inc. shares while 29 reduced holdings. 26 funds opened positions while 26 raised stakes. 86.90 million shares or 6.95% less from 93.39 million shares in 2017Q3 were reported. California State Teachers Retirement Systems, California-based fund reported 87,895 shares. Endowment L P has 0.04% invested in Wesco Aircraft Holdings, Inc. (NYSE:WAIR). Fincl Bank Of Montreal Can owns 4,877 shares for 0% of their portfolio. Moreover, Stoneridge Invest Ptnrs Ltd Liability Corporation has 0.05% invested in Wesco Aircraft Holdings, Inc. (NYSE:WAIR) for 38,784 shares. Weitz Inv Management Inc invested in 0.92% or 3.00M shares. D E Shaw & Commerce owns 269,389 shares or 0% of their US portfolio. Vanguard Group reported 0% stake. Oppenheimer & Inc has invested 0.02% in Wesco Aircraft Holdings, Inc. (NYSE:WAIR). Boothbay Fund Management Limited Liability invested 0.02% of its portfolio in Wesco Aircraft Holdings, Inc. (NYSE:WAIR). Susquehanna Int Gru Llp invested 0% in Wesco Aircraft Holdings, Inc. (NYSE:WAIR). Parametric Port Assoc Limited, a Washington-based fund reported 154,806 shares. Rafferty Asset Mngmt Lc holds 0% of its portfolio in Wesco Aircraft Holdings, Inc. (NYSE:WAIR) for 26,607 shares. Morgan Stanley holds 0% or 127,612 shares in its portfolio. Geode Capital Mgmt Ltd Com reported 507,050 shares. Goldman Sachs Group Inc reported 205,651 shares or 0% of all its holdings.

Among 9 analysts covering Wesco Aircraft Holdings (NYSE:WAIR), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. Wesco Aircraft Holdings had 29 analyst reports since August 7, 2015 according to SRatingsIntel. Jefferies maintained the shares of WAIR in report on Friday, June 16 with “Hold” rating. The stock of Wesco Aircraft Holdings, Inc. (NYSE:WAIR) earned “Neutral” rating by Citigroup on Tuesday, April 10. The firm has “Hold” rating given on Thursday, October 19 by Cowen & Co. On Monday, July 17 the stock rating was maintained by Cowen & Co with “Hold”. Cowen & Co initiated the stock with “Market Perform” rating in Monday, August 31 report. The rating was maintained by Jefferies with “Sell” on Wednesday, April 19. As per Thursday, November 30, the company rating was upgraded by Deutsche Bank. Citigroup maintained Wesco Aircraft Holdings, Inc. (NYSE:WAIR) rating on Friday, August 7. Citigroup has “Buy” rating and $16.50 target. As per Monday, July 18, the company rating was downgraded by Jefferies. The firm earned “Hold” rating on Wednesday, August 9 by Cowen & Co.

Investors sentiment increased to 1.51 in 2017 Q4. Its up 0.34, from 1.17 in 2017Q3. It improved, as 15 investors sold Domtar Corporation shares while 79 reduced holdings. 53 funds opened positions while 89 raised stakes. 56.70 million shares or 1.73% more from 55.74 million shares in 2017Q3 were reported. Commercial Bank Of Montreal Can has invested 0% in Domtar Corporation (NYSE:UFS). Moreover, Cibc Mkts Inc has 0% invested in Domtar Corporation (NYSE:UFS). Ing Groep Nv reported 9,460 shares. Parametric Associate Ltd Liability Co stated it has 476,634 shares or 0.02% of all its holdings. Congress Asset Management Co Ma owns 52,583 shares or 0.04% of their US portfolio. Letko Brosseau And Assoc invested 0.01% in Domtar Corporation (NYSE:UFS). Susquehanna Grp Ltd Liability Partnership holds 0% of its portfolio in Domtar Corporation (NYSE:UFS) for 16,998 shares. South Dakota Investment Council has 0.01% invested in Domtar Corporation (NYSE:UFS) for 13,400 shares. Goldman Sachs Group Incorporated holds 0.01% or 469,499 shares. Suntrust Banks Inc stated it has 56,105 shares or 0.01% of all its holdings. Invesco has 0.01% invested in Domtar Corporation (NYSE:UFS). First Trust Advsrs L P reported 0.04% in Domtar Corporation (NYSE:UFS). 72 are owned by Motco. The California-based California State Teachers Retirement Systems has invested 0.01% in Domtar Corporation (NYSE:UFS). 42,379 are held by Texas Permanent School Fund.

Among 15 analysts covering Domtar Corp. (NYSE:UFS), 4 have Buy rating, 2 Sell and 9 Hold. Therefore 27% are positive. Domtar Corp. has $55.0 highest and $30 lowest target. $43.60’s average target is -7.71% below currents $47.24 stock price. Domtar Corp. had 46 analyst reports since October 15, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, October 19 by RBC Capital Markets. The rating was maintained by Stephens on Wednesday, January 10 with “Hold”. KeyBanc Capital Markets maintained the stock with “Sell” rating in Sunday, July 30 report. The stock has “Outperform” rating by Raymond James on Monday, May 1. The rating was upgraded by Stephens to “Overweight” on Friday, February 9. RBC Capital Markets downgraded the shares of UFS in report on Friday, January 12 to “Hold” rating. Citigroup maintained it with “Sell” rating and $40 target in Friday, February 9 report. Scotia Capital maintained Domtar Corporation (NYSE:UFS) rating on Thursday, February 8. Scotia Capital has “Hold” rating and $43.0 target. On Monday, January 29 the stock rating was downgraded by Raymond James to “Hold”. As per Thursday, September 22, the company rating was initiated by Goldman Sachs.

Analysts await Domtar Corporation (NYSE:UFS) to report earnings on July, 27. They expect $0.62 EPS, up 1.64% or $0.01 from last year’s $0.61 per share. UFS’s profit will be $38.95M for 19.05 P/E if the $0.62 EPS becomes a reality. After $0.88 actual EPS reported by Domtar Corporation for the previous quarter, Wall Street now forecasts -29.55% negative EPS growth.

Wesco Aircraft Holdings, Inc. (NYSE:WAIR) Institutional Positions Chart