Willis Lease Finance (NASDAQ:WLFC) Stock Crosses Above 200 Day Moving Average of $47.37

Willis Lease Finance Co. (NASDAQ:WLFC) passed above its 200-day moving average during trading on Friday . The stock has a 200-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.

Wall Street Analyst Weigh In

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

Willis Lease Finance Price Performance

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 cap of $396.41 million, a P/E ratio of 6.45 and a beta of 0.99. The business’s fifty day moving average is $49.16 and its 200 day moving average is $47.51.

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

Insiders Place Their Bets

In other Willis Lease Finance news, CFO Scott B. Flaherty sold 2,200 shares of the 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 sale, the chief financial officer now owns 110,653 shares in the company, valued at $5,580,230.79. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, insider Hans Jorg Hunziker sold 789 shares of the stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $49.32, for a total value of $38,913.48. Following the sale, the insider now owns 24,205 shares in the company, valued at $1,193,790.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Scott B. Flaherty sold 2,200 shares of the stock in a transaction on Tuesday, April 16th. The stock was sold at an average price of $50.43, for a total value 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 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 90 days. Corporate insiders own 57.02% of the company’s stock.

Institutional Investors Weigh In On Willis Lease Finance

A number of institutional investors and hedge funds have recently made changes to their positions in WLFC. Los Angeles Capital Management LLC purchased a new stake in shares of Willis Lease Finance in the third quarter worth $308,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in Willis Lease Finance in the third quarter valued at $225,000. Brown Advisory Inc. bought a new position in Willis Lease Finance in the third quarter valued at $212,000. Finally, BNP Paribas Financial Markets increased its stake in Willis Lease Finance by 14.0% in the first 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 last quarter. Hedge funds and other institutional investors 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.