Willis Lease Finance Co. (NASDAQ:WLFC) President Sells $412,402.23 in Stock

Willis Lease Finance Co. (NASDAQ:WLFC) President Brian Richard Hole sold 6,147 shares of the company’s stock in a transaction dated Thursday, June 27th. The shares were sold at an average price of $67.09, for a total transaction of $412,402.23. Following the completion of the sale, the president now directly owns 107,875 shares of the company’s stock, valued at $7,237,333.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Monday, July 1st, Brian Richard Hole sold 293 shares of Willis Lease Finance stock. The shares were sold at an average price of $69.76, for a total transaction of $20,439.68.

Willis Lease Finance Trading Down 1.1 %

NASDAQ WLFC opened at $69.30 on Thursday. The stock has a market capitalization of $455.30 million, a P/E ratio of 7.98 and a beta of 1.05. Willis Lease Finance Co. has a 52-week low of $39.25 and a 52-week high of $70.92. The firm has a 50-day moving average price of $61.94 and a 200 day moving average price of $53.24. The company has a quick ratio of 0.91, a current ratio of 1.41 and a debt-to-equity ratio of 3.76.

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

Willis Lease Finance Announces Dividend

The business also recently announced a dividend, which was paid on Friday, June 7th. Shareholders of record on Thursday, May 30th were issued a $1.00 dividend. The ex-dividend date of this dividend was Thursday, May 30th.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on WLFC shares. TheStreet cut shares of Willis Lease Finance from a “c-” rating to a “d” rating in a report 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.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Hillsdale Investment Management Inc. acquired a new stake in shares of Willis Lease Finance in the first quarter valued at approximately $114,000. Vanguard Group Inc. grew its position in shares of Willis Lease Finance by 0.8% in the first quarter. Vanguard Group Inc. now owns 104,869 shares of the transportation company’s stock valued at $5,204,000 after purchasing an additional 865 shares during the last quarter. Empowered Funds LLC grew its position in shares of Willis Lease Finance by 7.7% in the first quarter. Empowered Funds LLC now owns 22,062 shares of the transportation company’s stock valued at $1,095,000 after purchasing an additional 1,575 shares during the last quarter. BNP Paribas Financial Markets grew its position in shares of 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 purchasing an additional 599 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Willis Lease Finance in the third quarter valued at approximately $225,000. 93.70% of the stock is owned by hedge funds and other 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.