Willis Lease Finance Co. (NASDAQ:WLFC) Insider Sells $12,577.20 in Stock

Willis Lease Finance Co. (NASDAQ:WLFC) insider Robert J. Keady sold 188 shares of the stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $66.90, for a total value of $12,577.20. Following the sale, the insider now directly owns 29,405 shares in the company, valued at approximately $1,967,194.50. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Willis Lease Finance Price Performance

Shares of NASDAQ WLFC opened at $66.73 on Thursday. The firm has a market capitalization of $438.42 million, a P/E ratio of 7.69 and a beta of 0.99. The company has a quick ratio of 0.91, a current ratio of 1.41 and a debt-to-equity ratio of 3.76. The stock’s 50-day simple moving average is $53.12 and its two-hundred day simple moving average is $49.42. Willis Lease Finance Co. has a twelve month low of $37.01 and a twelve month high of $67.50.

Willis Lease Finance (NASDAQ:WLFC) last announced its earnings results on Thursday, May 2nd. The transportation company reported $3.00 earnings per share for the quarter. The business had revenue of $119.08 million for the quarter. Willis Lease Finance had a return on equity of 13.77% and a net margin of 13.45%.

Willis Lease Finance Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, June 7th. Shareholders of record on Thursday, May 30th will be paid a $1.00 dividend. The ex-dividend date is Thursday, May 30th.

Analyst Ratings Changes

A number of brokerages recently issued reports on WLFC. TheStreet cut Willis Lease Finance from a “c-” rating to a “d” rating in a report on Wednesday, March 13th. StockNews.com raised Willis Lease Finance from a “buy” rating to a “strong-buy” rating in a report on Friday, March 22nd.

Hedge Funds Weigh In On Willis Lease Finance

A number of institutional investors have recently added to or reduced their stakes in WLFC. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Willis Lease Finance during the 3rd quarter valued at about $225,000. Los Angeles Capital Management LLC purchased a new stake in Willis Lease Finance during the 3rd quarter valued at about $308,000. Vanguard Group Inc. boosted its holdings in Willis Lease Finance by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 104,869 shares of the transportation company’s stock valued at $5,204,000 after acquiring an additional 865 shares during the period. BNP Paribas Financial Markets boosted its holdings in Willis Lease Finance by 14.0% during the 1st quarter. BNP Paribas Financial Markets now owns 4,887 shares of the transportation company’s stock valued at $242,000 after acquiring an additional 599 shares during the period. Finally, Hillsdale Investment Management Inc. purchased a new stake in Willis Lease Finance during the 1st quarter valued at about $114,000. 93.70% of the stock is currently owned by institutional investors.

About Willis Lease Finance

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.