Robert J. Keady Sells 643 Shares of Willis Lease Finance Co. (NASDAQ:WLFC) Stock

Willis Lease Finance Co. (NASDAQ:WLFC) insider Robert J. Keady sold 643 shares of Willis Lease Finance stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $109.37, for a total value of $70,324.91. Following the completion of the transaction, the insider now owns 11,161 shares in the company, valued at approximately $1,220,678.57. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Willis Lease Finance Stock Down 0.4 %

NASDAQ WLFC traded down $0.48 during mid-day trading on Tuesday, reaching $108.30. The stock had a trading volume of 16,609 shares, compared to its average volume of 14,703. Willis Lease Finance Co. has a 1 year low of $39.50 and a 1 year high of $114.41. The stock has a market cap of $712.61 million, a PE ratio of 12.27 and a beta of 1.05. The company has a fifty day moving average price of $82.00 and a 200 day moving average price of $63.85. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.80 and a quick ratio of 1.28.

Willis Lease Finance (NASDAQ:WLFC) last posted its quarterly earnings data on Thursday, August 1st. The transportation company reported $6.21 EPS for the quarter. The firm had revenue of $151.12 million during the quarter. Willis Lease Finance had a return on equity of 19.51% and a net margin of 18.16%.

Willis Lease Finance Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 21st. Shareholders of record on Monday, August 12th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.92%. The ex-dividend date of this dividend was Monday, August 12th. Willis Lease Finance’s dividend payout ratio (DPR) is presently 11.52%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. BNP Paribas Financial Markets raised its position 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 worth $242,000 after purchasing an additional 599 shares during the period. Empowered Funds LLC boosted its stake in 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 acquiring an additional 1,575 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Willis Lease Finance by 0.8% during the first 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 during the period. Hillsdale Investment Management Inc. acquired a new stake in shares of Willis Lease Finance during the first quarter worth $114,000. Finally, Nisa Investment Advisors LLC purchased a new position in shares of Willis Lease Finance during the second quarter worth $69,000. Institutional investors own 93.70% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Willis Lease Finance from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 21st.

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.