Four Tree Island Advisory LLC Acquires 5,035 Shares of Willis Lease Finance Corporation $WLFC

Four Tree Island Advisory LLC lifted its stake in shares of Willis Lease Finance Corporation (NASDAQ:WLFC) by 5.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 98,466 shares of the transportation company’s stock after purchasing an additional 5,035 shares during the quarter. Willis Lease Finance comprises about 8.6% of Four Tree Island Advisory LLC’s investment portfolio, making the stock its 5th largest holding. Four Tree Island Advisory LLC owned 1.45% of Willis Lease Finance worth $13,428,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Osaic Holdings Inc. raised its position in shares of Willis Lease Finance by 742.5% during the 2nd quarter. Osaic Holdings Inc. now owns 337 shares of the transportation company’s stock worth $48,000 after buying an additional 297 shares in the last quarter. Ameritas Investment Partners Inc. increased its stake in shares of Willis Lease Finance by 22.5% during the second quarter. Ameritas Investment Partners Inc. now owns 365 shares of the transportation company’s stock valued at $52,000 after acquiring an additional 67 shares during the period. EverSource Wealth Advisors LLC bought a new stake in Willis Lease Finance during the second quarter worth approximately $54,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new stake in Willis Lease Finance in the second quarter worth approximately $109,000. Finally, Police & Firemen s Retirement System of New Jersey lifted its position in Willis Lease Finance by 32.7% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 820 shares of the transportation company’s stock worth $117,000 after purchasing an additional 202 shares during the period. Institutional investors own 93.70% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c+)” rating on shares of Willis Lease Finance in a research note on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold”.

Willis Lease Finance Price Performance

Shares of NASDAQ:WLFC opened at $196.77 on Friday. The company has a market capitalization of $1.34 billion, a PE ratio of 11.78 and a beta of 0.79. The company has a debt-to-equity ratio of 3.44, a quick ratio of 1.50 and a current ratio of 1.88. The stock has a fifty day moving average of $161.38 and a 200-day moving average of $145.80. Willis Lease Finance Corporation has a one year low of $114.01 and a one year high of $211.00.

Willis Lease Finance Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 20th. Stockholders of record on Wednesday, February 11th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, February 11th. Willis Lease Finance’s dividend payout ratio (DPR) is 9.58%.

Insider Activity

In related news, CEO Austin Chandler Willis sold 3,400 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $185.74, for a total value of $631,516.00. Following the completion of the transaction, the chief executive officer owned 184,746 shares of the company’s stock, valued at approximately $34,314,722.04. This trade represents a 1.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 12,900 shares of company stock worth $1,818,920 in the last quarter. 53.85% of the stock is owned by insiders.

About Willis Lease Finance

Willis Lease Finance Corporation (NASDAQ: WLFC) is an independent global provider of aircraft engine leasing, trading and aftermarket services. Founded in 1991 and headquartered in the United States, the company specializes in offering short- and long-term operating leases for jet engines and auxiliary power units. Through its broad engine portfolio, Willis Lease Finance supports a wide range of commercial aircraft across various operators, including major airlines, regional carriers and other leasing companies.

In addition to leasing solutions, Willis Lease Finance offers comprehensive engine trading and asset management services.