Willis Lease Finance (NASDAQ:WLFC) Shares Pass Above 200-Day Moving Average of $47.37

Willis Lease Finance Co. (NASDAQ:WLFC) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $47.37 and traded as high as $55.99. Willis Lease Finance shares last traded at $55.99, with a volume of 26,835 shares traded.

Analyst Ratings Changes

A number of research analysts recently commented on WLFC shares. TheStreet downgraded shares of Willis Lease Finance from a “c-” rating to a “d” rating in a research report on Wednesday, March 13th. StockNews.com upgraded shares of Willis Lease Finance from a “buy” rating to a “strong-buy” rating in a report on Friday, March 22nd.

Willis Lease Finance Stock Performance

The firm has a 50-day simple moving average of $49.16 and a two-hundred day simple moving average of $47.51. The company has a current ratio of 2.22, a quick ratio of 1.88 and a debt-to-equity ratio of 4.11. The company has a market capitalization of $396.41 million, a price-to-earnings ratio of 6.45 and a beta of 0.99.

Willis Lease Finance (NASDAQ:WLFC) last announced its quarterly earnings results on Wednesday, March 13th. The transportation company reported $1.53 EPS for the quarter. Willis Lease Finance had a net margin of 13.45% and a return on equity of 14.03%. The company had revenue of $114.28 million for the quarter.

Insider Buying and Selling at Willis Lease Finance

In other news, CFO Scott B. Flaherty sold 2,200 shares of the company’s stock in a transaction dated Tuesday, April 16th. The stock was sold at an average price of $50.43, for a total transaction of $110,946.00. Following the completion of the sale, the chief financial officer now owns 110,653 shares in the company, valued at approximately $5,580,230.79. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, insider Hans Jorg Hunziker sold 789 shares of Willis Lease Finance stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $49.32, for a total value of $38,913.48. Following the transaction, the insider now owns 24,205 shares in the company, valued at approximately $1,193,790.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Scott B. Flaherty sold 2,200 shares of the business’s stock in a transaction on Tuesday, April 16th. The stock was sold at an average price of $50.43, for a total transaction of $110,946.00. Following the transaction, the chief financial officer now directly owns 110,653 shares of the company’s stock, valued at approximately $5,580,230.79. The disclosure for this sale can be found here. Insiders have sold a total of 5,099 shares of company stock worth $253,717 over the last three months. Corporate insiders own 57.02% of the company’s stock.

Hedge Funds Weigh In On Willis Lease Finance

Large investors have recently made changes to their positions in the business. Connor Clark & Lunn Investment Management Ltd. bought a new position in Willis Lease Finance in the 3rd quarter worth approximately $225,000. Los Angeles Capital Management LLC acquired a new position in Willis Lease Finance during the 3rd quarter valued at $308,000. Brown Advisory Inc. bought a new stake in Willis Lease Finance in the 3rd quarter valued at $212,000. Finally, BNP Paribas Financial Markets boosted its holdings in 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 during the period. Institutional investors and hedge funds own 93.70% of the company’s stock.

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.