Charles Iv Willis Sells 2,000 Shares of Willis Lease Finance (NASDAQ:WLFC) Stock

Willis Lease Finance Corporation (NASDAQ:WLFCGet Free Report) Chairman Charles Iv Willis sold 2,000 shares of the business’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $176.74, for a total transaction of $353,480.00. Following the sale, the chairman directly owned 947,231 shares of the company’s stock, valued at $167,413,606.94. This represents a 0.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Willis Lease Finance Stock Performance

Shares of Willis Lease Finance stock opened at $168.53 on Monday. The firm has a market capitalization of $1.14 billion, a PE ratio of 10.94 and a beta of 0.75. Willis Lease Finance Corporation has a twelve month low of $114.01 and a twelve month high of $207.05. The firm’s 50-day moving average price is $186.48 and its 200 day moving average price is $153.18. The company has a current ratio of 3.86, a quick ratio of 3.52 and a debt-to-equity ratio of 4.08.

Willis Lease Finance (NASDAQ:WLFCGet Free Report) last posted its quarterly earnings data on Tuesday, March 10th. The transportation company reported $1.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.38 by ($1.86). Willis Lease Finance had a return on equity of 18.00% and a net margin of 15.38%.The firm had revenue of $193.62 million during the quarter, compared to analyst estimates of $149.00 million.

Willis Lease Finance Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Shareholders of record on Wednesday, February 11th were issued a $0.40 dividend. The ex-dividend date was Wednesday, February 11th. This represents a $1.60 dividend on an annualized basis and a yield of 0.9%. Willis Lease Finance’s dividend payout ratio (DPR) is presently 10.38%.

Institutional Investors Weigh In On Willis Lease Finance

A number of large investors have recently made changes to their positions in the stock. Smartleaf Asset Management LLC purchased a new position in Willis Lease Finance during the fourth quarter worth approximately $46,000. Osaic Holdings Inc. raised its holdings in shares of Willis Lease Finance by 742.5% during the 2nd quarter. Osaic Holdings Inc. now owns 337 shares of the transportation company’s stock worth $48,000 after acquiring an additional 297 shares during the period. Ameritas Investment Partners Inc. boosted its position in shares of Willis Lease Finance by 22.5% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 365 shares of the transportation company’s stock valued at $52,000 after acquiring an additional 67 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new position in shares of Willis Lease Finance during the 2nd quarter valued at about $54,000. Finally, Larson Financial Group LLC grew its holdings in shares of Willis Lease Finance by 197.9% in the third quarter. Larson Financial Group LLC now owns 694 shares of the transportation company’s stock valued at $95,000 after purchasing an additional 461 shares during the period. 93.70% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c+)” rating on shares of Willis Lease Finance in a research report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

View Our Latest Analysis on WLFC

Willis Lease Finance News Roundup

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Willis Lease Finance Company Profile

(Get Free Report)

Willis Lease Finance Corporation (NASDAQ: WLFC) is an independent global provider of aircraft engine leasing, trading and aftermarket services. Founded in 1991 and headquartered in the United States, the company specializes in offering short- and long-term operating leases for jet engines and auxiliary power units. Through its broad engine portfolio, Willis Lease Finance supports a wide range of commercial aircraft across various operators, including major airlines, regional carriers and other leasing companies.

In addition to leasing solutions, Willis Lease Finance offers comprehensive engine trading and asset management services.

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Insider Buying and Selling by Quarter for Willis Lease Finance (NASDAQ:WLFC)

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