Willis Lease Finance Co. (NASDAQ:WLFC) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its stake in shares of Willis Lease Finance Co. (NASDAQ:WLFC) by 0.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 23,188 shares of the transportation company’s stock after purchasing an additional 198 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.35% of Willis Lease Finance worth $4,813,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. State Street Corp grew its position in Willis Lease Finance by 7.6% during the third quarter. State Street Corp now owns 39,926 shares of the transportation company’s stock worth $5,941,000 after buying an additional 2,805 shares during the period. Jane Street Group LLC purchased a new stake in shares of Willis Lease Finance during the 3rd quarter worth approximately $531,000. Barclays PLC grew its holdings in shares of Willis Lease Finance by 221.7% in the 3rd quarter. Barclays PLC now owns 3,738 shares of the transportation company’s stock worth $556,000 after acquiring an additional 2,576 shares during the period. Geode Capital Management LLC increased its stake in Willis Lease Finance by 2.9% in the 3rd quarter. Geode Capital Management LLC now owns 67,021 shares of the transportation company’s stock valued at $9,975,000 after purchasing an additional 1,886 shares in the last quarter. Finally, Franklin Resources Inc. acquired a new position in Willis Lease Finance during the third quarter worth $283,000. Hedge funds and other institutional investors own 93.70% of the company’s stock.

Insider Transactions at Willis Lease Finance

In related news, CEO Austin Chandler Willis sold 3,450 shares of the stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $204.14, for a total transaction of $704,283.00. Following the sale, the chief executive officer now owns 158,034 shares of the company’s stock, valued at $32,261,060.76. This trade represents a 2.14 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 57.02% of the company’s stock.

Willis Lease Finance Stock Down 4.5 %

WLFC opened at $176.75 on Wednesday. Willis Lease Finance Co. has a one year low of $48.10 and a one year high of $235.43. The company has a market cap of $1.17 billion, a price-to-earnings ratio of 12.53 and a beta of 1.11. The business’s fifty day moving average is $189.57 and its two-hundred day moving average is $186.45. The company has a debt-to-equity ratio of 3.84, a quick ratio of 0.76 and a current ratio of 1.16.

Willis Lease Finance (NASDAQ:WLFC) last released its quarterly earnings data on Monday, March 10th. The transportation company reported $2.81 EPS for the quarter, topping the consensus estimate of $1.89 by $0.92. Willis Lease Finance had a net margin of 18.56% and a return on equity of 20.62%. The business had revenue of $152.80 million for the quarter, compared to analyst estimates of $145.54 million.

Willis Lease Finance Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Wednesday, February 12th were paid a dividend of $0.25 per share. The ex-dividend date was Wednesday, February 12th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.57%. Willis Lease Finance’s dividend payout ratio (DPR) is 6.50%.

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.