Robert J. Keady Sells 228 Shares of Willis Lease Finance Co. (NASDAQ:WLFC) Stock

Willis Lease Finance Co. (NASDAQ:WLFC) insider Robert J. Keady sold 228 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $102.23, for a total transaction of $23,308.44. Following the completion of the sale, the insider now owns 6,891 shares of the company’s stock, valued at $704,466.93. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Willis Lease Finance Price Performance

Willis Lease Finance stock opened at $99.79 on Friday. Willis Lease Finance Co. has a 1 year low of $39.50 and a 1 year high of $114.41. The firm has a 50 day moving average price of $89.55 and a 200 day moving average price of $67.12. The company has a market cap of $656.62 million, a price-to-earnings ratio of 11.50 and a beta of 1.07. The company has a debt-to-equity ratio of 3.95, a quick ratio of 1.28 and a current ratio of 1.80.

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

Willis Lease Finance Dividend Announcement

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

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. ProShare Advisors LLC acquired a new position in Willis Lease Finance during the second quarter valued at approximately $27,000. Innealta Capital LLC acquired a new position in Willis Lease Finance during the second quarter valued at approximately $44,000. Nisa Investment Advisors LLC acquired a new position in Willis Lease Finance during the second quarter valued at approximately $69,000. Hillsdale Investment Management Inc. acquired a new position in Willis Lease Finance during the first quarter valued at approximately $114,000. Finally, BNP Paribas Financial Markets lifted its position in Willis Lease Finance by 14.0% during the first quarter. BNP Paribas Financial Markets now owns 4,887 shares of the transportation company’s stock valued at $242,000 after buying an additional 599 shares in the last quarter. 93.70% of the stock is owned by institutional investors and hedge funds.

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.