Willis Lease Finance Co. (NASDAQ:WLFC) President Sells $4,066,200.00 in Stock

Willis Lease Finance Co. (NASDAQ:WLFC) President Brian Richard Hole sold 20,000 shares of the stock in a transaction on Friday, November 8th. The shares were sold at an average price of $203.31, for a total value of $4,066,200.00. Following the completion of the sale, the president now owns 81,164 shares of the company’s stock, valued at approximately $16,501,452.84. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Brian Richard Hole also recently made the following trade(s):

• On Friday, August 30th, Brian Richard Hole sold 1,187 shares of Willis Lease Finance stock. The shares were sold at an average price of $106.17, for a total value of $126,023.79.
• On Wednesday, August 28th, Brian Richard Hole sold 1,314 shares of Willis Lease Finance stock. The stock was sold at an average price of $105.84, for a total value of $139,073.76.

Willis Lease Finance Stock Performance

NASDAQ:WLFC opened at $204.11 on Wednesday. The firm has a 50-day moving average of $159.22 and a two-hundred day moving average of $105.10. The company has a debt-to-equity ratio of 3.84, a current ratio of 1.16 and a quick ratio of 1.28. The stock has a market cap of $1.35 billion, a P/E ratio of 14.47 and a beta of 1.06. Willis Lease Finance Co. has a 1-year low of $43.64 and a 1-year high of $235.43.

Willis Lease Finance Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 21st. Shareholders of record on Tuesday, November 12th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $1.00 dividend on an annualized basis and a yield of 0.49%. Willis Lease Finance’s dividend payout ratio (DPR) is presently 7.09%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Willis Lease Finance from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th.

Hedge Funds Weigh In On Willis Lease Finance

Institutional investors have recently made changes to their positions in the business. Rhumbline Advisers increased its stake in shares of Willis Lease Finance by 4.0% in the second quarter. Rhumbline Advisers now owns 6,691 shares of the transportation company’s stock worth $464,000 after buying an additional 259 shares during the last quarter. ProShare Advisors LLC bought a new stake in shares of Willis Lease Finance in the 2nd quarter worth about $27,000. BNP Paribas Financial Markets raised its stake in shares of Willis Lease Finance by 14.0% in the 1st quarter. BNP Paribas Financial Markets now owns 4,887 shares of the transportation company’s stock valued at $242,000 after purchasing an additional 599 shares in the last quarter. Innealta Capital LLC bought a new position in shares of Willis Lease Finance during the second quarter worth about $44,000. Finally, Vanguard Group Inc. grew its stake in Willis Lease Finance by 0.8% in the first quarter. Vanguard Group Inc. now owns 104,869 shares of the transportation company’s stock worth $5,204,000 after purchasing an additional 865 shares in the last quarter. 93.70% of the stock is owned by institutional investors and hedge funds.

Willis Lease Finance Company Profile

Willis Lease Finance Corporation operates as a lessor and servicer of commercial aircraft and aircraft engines worldwide. The company operates through two segments, Leasing and Related Operations, and Spare Parts Sales. The Leasing and Related Operations segment engages in acquiring and leasing commercial aircraft, aircraft engines, and other aircraft equipment, as well as the purchase and resale of commercial aircraft engines and other aircraft equipment, and other related businesses.