Willis Lease Finance (NASDAQ:WLFC) Chairman Charles Iv Willis Sells 4,270 Shares

Willis Lease Finance Corporation (NASDAQ:WLFC) Chairman Charles Iv Willis sold 4,270 shares of the company’s stock in a transaction on Thursday, March 26th. The shares were sold at an average price of $172.17, for a total transaction of $735,165.90. Following the completion of the sale, the chairman directly owned 942,961 shares in the company, valued at approximately $162,349,595.37. This represents a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Willis Lease Finance Price Performance

Shares of NASDAQ WLFC opened at $168.53 on Friday. Willis Lease Finance Corporation has a twelve month low of $114.01 and a twelve month high of $207.05. The firm has a fifty day simple moving average of $186.48 and a 200 day simple moving average of $153.10. The company has a market capitalization of $1.14 billion, a PE ratio of 10.94 and a beta of 0.75. The company has a quick ratio of 3.52, a current ratio of 3.86 and a debt-to-equity ratio of 4.08.

Willis Lease Finance (NASDAQ:WLFC) last issued its quarterly earnings results on Tuesday, March 10th. The transportation company reported $1.52 EPS for the quarter, missing analysts’ consensus estimates of $3.38 by ($1.86). Willis Lease Finance had a net margin of 15.38% and a return on equity of 18.00%. The firm had revenue of $193.62 million for the quarter, compared to the consensus estimate of $149.00 million.

Willis Lease Finance Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Stockholders of record on Wednesday, February 11th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Wednesday, February 11th. Willis Lease Finance’s payout ratio is currently 10.38%.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Willis Lease Finance in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Willis Lease Finance has a consensus rating of “Hold”.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. M3F Inc. grew its holdings in Willis Lease Finance by 6.9% in the third quarter. M3F Inc. now owns 606,026 shares of the transportation company’s stock worth $83,080,000 after purchasing an additional 39,085 shares during the period. Four Tree Island Advisory LLC raised its holdings in shares of Willis Lease Finance by 3.9% during the fourth quarter. Four Tree Island Advisory LLC now owns 102,259 shares of the transportation company’s stock valued at $13,870,000 after purchasing an additional 3,793 shares during the period. Two Sigma Investments LP raised its holdings in shares of Willis Lease Finance by 9.8% during the third quarter. Two Sigma Investments LP now owns 101,386 shares of the transportation company’s stock valued at $13,899,000 after purchasing an additional 9,052 shares during the period. UBS Group AG boosted its position in shares of Willis Lease Finance by 15.0% during the 3rd quarter. UBS Group AG now owns 92,194 shares of the transportation company’s stock worth $12,639,000 after purchasing an additional 12,000 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Willis Lease Finance by 16.6% during the 2nd quarter. Geode Capital Management LLC now owns 82,607 shares of the transportation company’s stock worth $11,796,000 after purchasing an additional 11,745 shares in the last quarter. 93.70% of the stock is owned by institutional investors.

Willis Lease Finance Company Profile

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.