Willis Lease Finance (NASDAQ:WLFC) Stock Rating Lowered by StockNews.com

Willis Lease Finance (NASDAQ:WLFC) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday.

Willis Lease Finance Stock Up 6.4 %

Shares of NASDAQ:WLFC opened at $231.63 on Wednesday. The company has a debt-to-equity ratio of 3.95, a quick ratio of 1.28 and a current ratio of 1.80. Willis Lease Finance has a 52-week low of $42.61 and a 52-week high of $235.43. The business’s 50 day simple moving average is $153.31 and its two-hundred day simple moving average is $101.08. The firm has a market cap of $1.52 billion, a P/E ratio of 16.42 and a beta of 1.06.

Insider Buying and Selling at Willis Lease Finance

In other news, President Brian Richard Hole sold 1,314 shares of the business’s stock in a transaction dated Wednesday, August 28th. The shares were sold at an average price of $105.84, for a total transaction of $139,073.76. Following the completion of the sale, the president now directly owns 99,587 shares of the company’s stock, valued at $10,540,288.08. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other Willis Lease Finance news, President Brian Richard Hole sold 1,314 shares of Willis Lease Finance stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $105.84, for a total transaction of $139,073.76. Following the completion of the transaction, the president now owns 99,587 shares in the company, valued at approximately $10,540,288.08. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Charles F. Iv Willis sold 8,670 shares of the stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $109.17, for a total value of $946,503.90. Following the completion of the sale, the chairman now directly owns 933,380 shares of the company’s stock, valued at approximately $101,897,094.60. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 37,678 shares of company stock valued at $4,010,894. Corporate insiders own 57.02% of the company’s stock.

Hedge Funds Weigh In On Willis Lease Finance

Large investors have recently bought and sold shares of the stock. ProShare Advisors LLC purchased a new stake in shares of Willis Lease Finance in the second quarter valued at about $27,000. Innealta Capital LLC bought a new position in shares of Willis Lease Finance during the 2nd quarter worth approximately $44,000. Nisa Investment Advisors LLC purchased a new position in shares of Willis Lease Finance in the 2nd quarter worth approximately $69,000. Hillsdale Investment Management Inc. bought a new position in shares of Willis Lease Finance in the first quarter valued at approximately $114,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Willis Lease Finance during the third quarter valued at approximately $146,000. 93.70% of the stock is currently owned by institutional investors.

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.