Willis Lease Finance Co. (NASDAQ:WLFC) Insider Sells $23,308.44 in Stock

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

Willis Lease Finance Stock Down 1.3 %

WLFC opened at $99.79 on Friday. Willis Lease Finance Co. has a one year low of $39.50 and a one year high of $114.41. The company has a market cap of $655.62 million, a price-to-earnings ratio of 11.50 and a beta of 1.07. The business’s fifty day moving average is $89.55 and its two-hundred day moving average is $67.26. 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 quarterly earnings data on Thursday, August 1st. The transportation company reported $6.21 EPS for the quarter. Willis Lease Finance had a net margin of 18.16% and a return on equity of 19.51%. The business had revenue of $151.12 million for the quarter.

Willis Lease Finance Dividend Announcement

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of WLFC. Rhumbline Advisers grew its holdings in Willis Lease Finance by 4.0% during the 2nd quarter. Rhumbline Advisers now owns 6,691 shares of the transportation company’s stock valued at $464,000 after buying an additional 259 shares during the last quarter. ProShare Advisors LLC purchased a new stake in shares of Willis Lease Finance in the second quarter valued at $27,000. BNP Paribas Financial Markets increased its position in Willis Lease Finance by 14.0% during 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 in the last quarter. Innealta Capital LLC acquired a new position in Willis Lease Finance in the 2nd quarter valued at about $44,000. Finally, Vanguard Group Inc. lifted its holdings in Willis Lease Finance by 0.8% in the 1st 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 in the last quarter. 93.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

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.