Dynamic Technology Lab Private Ltd Takes Position in Willis Lease Finance Corporation $WLFC

Dynamic Technology Lab Private Ltd acquired a new stake in Willis Lease Finance Corporation (NASDAQ:WLFCFree Report) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 3,052 shares of the transportation company’s stock, valued at approximately $418,000.

A number of other large investors have also bought and sold shares of WLFC. Osaic Holdings Inc. raised its holdings in 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 during the period. Ameritas Investment Partners Inc. boosted its holdings in shares of Willis Lease Finance by 22.5% in the second quarter. Ameritas Investment Partners Inc. now owns 365 shares of the transportation company’s stock valued at $52,000 after buying an additional 67 shares during the period. EverSource Wealth Advisors LLC bought a new stake in shares of Willis Lease Finance during the second quarter worth $54,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new stake in shares of Willis Lease Finance during the second quarter worth $109,000. Finally, Police & Firemen s Retirement System of New Jersey raised its holdings in shares of Willis Lease Finance by 32.7% during 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 acquiring an additional 202 shares during the period. 93.70% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Willis Lease Finance news, CEO Austin Chandler Willis sold 3,400 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $185.74, for a total transaction of $631,516.00. Following the transaction, the chief executive officer owned 184,746 shares of the company’s stock, valued at $34,314,722.04. The trade was a 1.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 53.85% of the stock is currently owned by corporate insiders.

Willis Lease Finance Trading Up 4.8%

Shares of NASDAQ:WLFC opened at $181.51 on Thursday. The company’s 50-day moving average price is $182.72 and its two-hundred day moving average price is $151.33. Willis Lease Finance Corporation has a one year low of $114.01 and a one year high of $207.05. The company has a debt-to-equity ratio of 3.44, a current ratio of 1.88 and a quick ratio of 1.50. The stock has a market capitalization of $1.24 billion, a PE ratio of 11.78 and a beta of 0.75.

Willis Lease Finance (NASDAQ:WLFCGet Free Report) last announced its quarterly earnings data on Tuesday, March 10th. The transportation company reported $1.52 earnings per share for the quarter, missing the consensus estimate of $3.38 by ($1.86). The company had revenue of $193.62 million during the quarter, compared to the consensus estimate of $149.00 million. Willis Lease Finance had a net margin of 15.38% and a return on equity of 18.38%.

Willis Lease Finance Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 20th. Shareholders of record on Wednesday, February 11th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Wednesday, February 11th. Willis Lease Finance’s dividend payout ratio (DPR) is currently 9.58%.

Key Stories Impacting Willis Lease Finance

Here are the key news stories impacting Willis Lease Finance this week:

Analysts Set New Price Targets

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

View Our Latest Report on Willis Lease Finance

About Willis Lease Finance

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Willis Lease Finance (NASDAQ:WLFC)

Receive News & Ratings for Willis Lease Finance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willis Lease Finance and related companies with MarketBeat.com's FREE daily email newsletter.