Brian Richard Hole Sells 293 Shares of Willis Lease Finance Co. (NASDAQ:WLFC) Stock

Willis Lease Finance Co. (NASDAQ:WLFC) President Brian Richard Hole sold 293 shares of the stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $69.76, for a total transaction of $20,439.68. Following the completion of the sale, the president now directly owns 100,764 shares of the company’s stock, valued at approximately $7,029,296.64. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Thursday, June 27th, Brian Richard Hole sold 6,147 shares of Willis Lease Finance stock. The shares were sold at an average price of $67.09, for a total transaction of $412,402.23.

Willis Lease Finance Stock Performance

NASDAQ:WLFC opened at $69.30 on Thursday. The company has a debt-to-equity ratio of 3.76, a quick ratio of 0.91 and a current ratio of 1.41. The stock has a market capitalization of $455.30 million, a P/E ratio of 7.98 and a beta of 1.05. The company has a 50 day moving average price of $61.94 and a 200 day moving average price of $53.24. Willis Lease Finance Co. has a fifty-two week low of $39.25 and a fifty-two week high of $70.92.

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

Willis Lease Finance Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 7th. Investors of record on Thursday, May 30th were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Thursday, May 30th.

Analyst Ratings Changes

WLFC has been the subject of several analyst reports. StockNews.com raised shares of Willis Lease Finance from a “buy” rating to a “strong-buy” rating in a research note on Friday, March 22nd. TheStreet cut shares of Willis Lease Finance from a “c-” rating to a “d” rating in a research report on Wednesday, March 13th.

Institutional Investors Weigh In On Willis Lease Finance

A number of hedge funds have recently added to or reduced their stakes in WLFC. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Willis Lease Finance during the 3rd quarter worth approximately $225,000. Hillsdale Investment Management Inc. acquired a new stake in Willis Lease Finance during the 1st quarter worth approximately $114,000. Empowered Funds LLC lifted its holdings in Willis Lease Finance by 7.7% during the 1st quarter. Empowered Funds LLC now owns 22,062 shares of the transportation company’s stock worth $1,095,000 after buying an additional 1,575 shares in the last quarter. Vanguard Group Inc. lifted 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 worth $5,204,000 after buying an additional 865 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted 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 worth $242,000 after buying an additional 599 shares in the last quarter. 93.70% of the stock is currently 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.