Brian Richard Hole Sells 6,147 Shares of Willis Lease Finance Co. (NASDAQ:WLFC) Stock

Willis Lease Finance Co. (NASDAQ:WLFC) President Brian Richard Hole sold 6,147 shares of the stock in a transaction on Thursday, June 27th. The shares were sold at an average price of $67.09, for a total value of $412,402.23. Following the transaction, 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 document filed with the SEC, which is accessible through this link.

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 value of $20,439.68.

Willis Lease Finance Price Performance

Shares of NASDAQ:WLFC opened at $70.07 on Wednesday. The company has a market capitalization of $460.36 million, a PE ratio of 8.07 and a beta of 1.05. The company has a debt-to-equity ratio of 3.76, a quick ratio of 0.91 and a current ratio of 1.41. The stock has a fifty day moving average of $61.54 and a 200-day moving average of $53.13. Willis Lease Finance Co. has a one year low of $39.16 and a one year high of $70.92.

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

Willis Lease Finance Dividend Announcement

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Hillsdale Investment Management Inc. acquired a new stake in Willis Lease Finance during the 1st quarter worth about $114,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Willis Lease Finance during the third quarter worth approximately $225,000. BNP Paribas Financial Markets boosted its holdings in shares of 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 worth $242,000 after purchasing an additional 599 shares during the period. Empowered Funds LLC boosted its holdings 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 worth $1,095,000 after purchasing an additional 1,575 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in 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 last quarter. 93.70% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently issued reports on WLFC. TheStreet lowered Willis Lease Finance from a “c-” rating to a “d” rating in a report on Wednesday, March 13th. StockNews.com upgraded shares of Willis Lease Finance from a “buy” rating to a “strong-buy” rating in a report on Friday, March 22nd.

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.