Brian Richard Hole Sells 1,187 Shares of Willis Lease Finance Co. (NASDAQ:WLFC) Stock

Willis Lease Finance Co. (NASDAQ:WLFC) President Brian Richard Hole sold 1,187 shares of the firm’s stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $106.17, for a total value of $126,023.79. Following the transaction, the president now owns 96,589 shares of the company’s stock, valued at approximately $10,254,854.13. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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

• On Wednesday, August 28th, Brian Richard Hole sold 1,314 shares of Willis Lease Finance stock. The shares were sold at an average price of $105.84, for a total value of $139,073.76.
• 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 value of $20,439.68.
• On Thursday, June 27th, Brian Richard Hole sold 6,147 shares of Willis Lease Finance stock. The stock was sold at an average price of $67.09, for a total value of $412,402.23.

Willis Lease Finance Stock Performance

NASDAQ WLFC traded up $2.56 during trading on Friday, reaching $108.19. 20,049 shares of the company’s stock were exchanged, compared to its average volume of 15,054. Willis Lease Finance Co. has a fifty-two week low of $39.50 and a fifty-two week high of $114.41. The business has a 50 day moving average price of $84.80 and a 200-day moving average price of $64.85. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.80 and a quick ratio of 1.28. The stock has a market capitalization of $710.81 million, a P/E ratio of 12.46 and a beta of 1.05.

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 for the quarter. Willis Lease Finance had a return on equity of 19.51% and a net margin of 18.16%.

Willis Lease Finance Dividend Announcement

The business also recently announced 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 yield of 0.92%. The ex-dividend date was Monday, August 12th. Willis Lease Finance’s payout ratio is presently 11.52%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. ProShare Advisors LLC bought a new stake in Willis Lease Finance in the 2nd quarter valued at about $27,000. Innealta Capital LLC acquired a new position in Willis Lease Finance during the 2nd quarter valued at about $44,000. Nisa Investment Advisors LLC purchased a new position in shares of Willis Lease Finance in the 2nd quarter worth approximately $69,000. Hillsdale Investment Management Inc. purchased a new position in shares of Willis Lease Finance in the 1st quarter worth approximately $114,000. Finally, BNP Paribas Financial Markets boosted its stake in shares of 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 buying an additional 599 shares during the last quarter. 93.70% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Willis Lease Finance from a “strong-buy” rating to a “buy” rating in a 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.