Willis Lease Finance Co. (NASDAQ:WLFC) President Brian Richard Hole Sells 6,147 Shares of Stock

Willis Lease Finance Co. (NASDAQ:WLFC) President Brian Richard Hole sold 6,147 shares of the firm’s stock in a transaction that occurred on Thursday, June 27th. The stock was sold at an average price of $67.09, for a total value of $412,402.23. Following the transaction, the president now owns 107,875 shares of the company’s stock, valued at approximately $7,237,333.75. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Brian Richard Hole also recently made the following trade(s):

• On Monday, July 1st, Brian Richard Hole sold 293 shares of Willis Lease Finance stock. The stock was sold at an average price of $69.76, for a total value of $20,439.68.

Willis Lease Finance Trading Down 0.4 %

WLFC stock opened at $69.02 on Tuesday. The business has a fifty day moving average price of $61.12 and a 200 day moving average price of $52.97. Willis Lease Finance Co. has a fifty-two week low of $39.16 and a fifty-two week high of $70.92. The stock has a market capitalization of $453.46 million, a price-to-earnings ratio of 7.95 and a beta of 1.05. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.41 and a quick ratio of 0.91.

Willis Lease Finance (NASDAQ:WLFC) last released its quarterly earnings results on Thursday, May 2nd. The transportation company reported $3.00 earnings per share for the quarter. Willis Lease Finance had a return on equity of 13.77% and a net margin of 13.45%. The firm had revenue of $119.08 million during the quarter.

Willis Lease Finance Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, June 7th. Stockholders of record on Thursday, May 30th were paid a $1.00 dividend. The ex-dividend date was Thursday, May 30th.

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On Willis Lease Finance

Several hedge funds and other institutional investors have recently made changes to their positions in WLFC. Hillsdale Investment Management Inc. acquired a new stake in shares of Willis Lease Finance in the 1st quarter valued at $114,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Willis Lease Finance in the 3rd quarter valued at $225,000. BNP Paribas Financial Markets increased its stake in shares of Willis Lease Finance by 14.0% in the 1st quarter. BNP Paribas Financial Markets now owns 4,887 shares of the transportation company’s stock valued at $242,000 after buying an additional 599 shares during the period. Empowered Funds LLC increased its stake in shares of Willis Lease Finance by 7.7% in the 1st quarter. Empowered Funds LLC now owns 22,062 shares of the transportation company’s stock valued at $1,095,000 after buying an additional 1,575 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of 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 buying an additional 865 shares during the period. 93.70% of the stock is 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.