Willis Lease Finance (NASDAQ:WLFC) Shares Cross Above Two Hundred Day Moving Average of $47.09

Willis Lease Finance Co. (NASDAQ:WLFC) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $47.09 and traded as high as $49.13. Willis Lease Finance shares last traded at $49.13, with a volume of 4,526 shares traded.

Analyst Ratings Changes

Several research analysts have recently commented on the company. StockNews.com upgraded Willis Lease Finance from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 22nd. TheStreet lowered Willis Lease Finance from a “c-” rating to a “d” rating in a research report on Wednesday, March 13th.

Willis Lease Finance Stock Performance

The firm has a 50-day moving average price of $48.99 and a 200 day moving average price of $47.09. The firm has a market capitalization of $347.84 million, a PE ratio of 7.89 and a beta of 1.01. The company has a quick ratio of 1.88, a current ratio of 2.22 and a debt-to-equity ratio of 4.11.

Willis Lease Finance (NASDAQ:WLFC) last released its quarterly earnings results on Wednesday, March 13th. The transportation company reported $1.53 EPS for the quarter. The business had revenue of $114.28 million during the quarter. Willis Lease Finance had a return on equity of 10.34% and a net margin of 10.46%.

Insider Activity at Willis Lease Finance

In related news, CFO Scott B. Flaherty sold 2,200 shares of Willis Lease Finance stock in a transaction on Tuesday, April 16th. The stock was sold at an average price of $50.43, for a total value of $110,946.00. Following the completion of the transaction, the chief financial officer now directly owns 110,653 shares in the company, valued at $5,580,230.79. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CFO Scott B. Flaherty sold 2,200 shares of Willis Lease Finance stock in a transaction on Tuesday, April 16th. The stock was sold at an average price of $50.43, for a total value of $110,946.00. Following the completion of the transaction, the chief financial officer now directly owns 110,653 shares in the company, valued at $5,580,230.79. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Hans Jorg Hunziker sold 789 shares of Willis Lease Finance stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $49.32, for a total value of $38,913.48. Following the completion of the transaction, the insider now owns 24,205 shares of the company’s stock, valued at $1,193,790.60. The disclosure for this sale can be found here. Over the last three months, insiders sold 6,819 shares of company stock worth $338,332. Company insiders own 54.73% of the company’s stock.

Institutional Trading of Willis Lease Finance

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Brown Advisory Inc. acquired a new stake in Willis Lease Finance in the third quarter valued at $212,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Willis Lease Finance in the third quarter valued at $225,000. Finally, Los Angeles Capital Management LLC acquired a new stake in Willis Lease Finance in the third quarter valued at $308,000. 93.70% of the stock is currently 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.