Willis Lease Finance Co. (NASDAQ:WLFC) Shares Acquired by Barclays PLC

Barclays PLC boosted its position in shares of Willis Lease Finance Co. (NASDAQ:WLFC) by 221.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,738 shares of the transportation company’s stock after acquiring an additional 2,576 shares during the period. Barclays PLC owned about 0.06% of Willis Lease Finance worth $556,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of WLFC. ProShare Advisors LLC purchased a new stake in Willis Lease Finance in the 2nd quarter valued at $27,000. SG Americas Securities LLC acquired a new position in shares of Willis Lease Finance during the 3rd quarter worth $146,000. Ritholtz Wealth Management acquired a new stake in Willis Lease Finance during the 3rd quarter valued at $312,000. Rhumbline Advisers grew its holdings in shares of Willis Lease Finance by 4.0% during the second quarter. Rhumbline Advisers now owns 6,691 shares of the transportation company’s stock worth $464,000 after buying an additional 259 shares in the last quarter. Finally, Navellier & Associates Inc. acquired a new stake in shares of Willis Lease Finance during the third quarter worth $525,000. Hedge funds and other institutional investors own 93.70% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Willis Lease Finance from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th.

Willis Lease Finance Stock Performance

Shares of WLFC stock opened at $212.96 on Friday. The company has a debt-to-equity ratio of 3.84, a current ratio of 1.16 and a quick ratio of 0.76. Willis Lease Finance Co. has a 12 month low of $45.32 and a 12 month high of $235.43. The company’s fifty day moving average price is $203.54 and its two-hundred day moving average price is $141.69. The firm has a market capitalization of $1.41 billion, a P/E ratio of 15.09 and a beta of 1.09.

Willis Lease Finance Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Tuesday, November 12th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.47%. The ex-dividend date of this dividend was Tuesday, November 12th. Willis Lease Finance’s dividend payout ratio is currently 7.09%.

Insider Transactions at Willis Lease Finance

In related news, President Brian Richard Hole sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $203.31, for a total value of $4,066,200.00. Following the sale, the president now directly owns 81,164 shares in the company, valued at $16,501,452.84. The trade was a 19.77 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Rae Ann Mckeating sold 500 shares of the stock in a transaction on Monday, November 18th. The shares were sold at an average price of $194.32, for a total value of $97,160.00. Following the completion of the transaction, the director now owns 16,500 shares of the company’s stock, valued at $3,206,280. This trade represents a 2.94 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 25,500 shares of company stock worth $5,164,310. 57.02% of the stock is currently owned by corporate insiders.

Willis Lease Finance Company Profile

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.