Brian Richard Hole Sells 2,807 Shares of Willis Lease Finance Co. (NASDAQ:WLFC) Stock

Willis Lease Finance Co. (NASDAQ:WLFC - Get Free Report) President Brian Richard Hole sold 2,807 shares of the firm's stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $131.49, for a total value of $369,092.43. Following the completion of the transaction, the president now directly owns 110,948 shares in the company, valued at $14,588,552.52. The trade was a 2.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Tuesday, May 27th, Brian Richard Hole sold 2,893 shares of Willis Lease Finance stock. The shares were sold at an average price of $133.72, for a total value of $386,851.96.

Willis Lease Finance Stock Performance

NASDAQ WLFC traded up $3.49 during trading on Friday, hitting $135.35. The company's stock had a trading volume of 104,928 shares, compared to its average volume of 38,424. The company has a quick ratio of 0.76, a current ratio of 1.16 and a debt-to-equity ratio of 3.84. The firm has a 50 day moving average price of $142.79 and a 200 day moving average price of $178.89. The firm has a market cap of $1.04 billion, a P/E ratio of 9.59 and a beta of 1.13. Willis Lease Finance Co. has a 52 week low of $58.63 and a 52 week high of $235.43.

Willis Lease Finance (NASDAQ:WLFC - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The transportation company reported $2.21 EPS for the quarter, missing the consensus estimate of $4.41 by ($2.20). The business had revenue of $157.73 million during the quarter, compared to the consensus estimate of $149.00 million. Willis Lease Finance had a return on equity of 20.62% and a net margin of 18.56%.

Willis Lease Finance Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Monday, May 12th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.74%. The ex-dividend date was Monday, May 12th. Willis Lease Finance's dividend payout ratio is currently 6.85%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Summit Investment Advisors Inc. increased its position in Willis Lease Finance by 27.4% in the 4th quarter. Summit Investment Advisors Inc. now owns 298 shares of the transportation company's stock worth $62,000 after buying an additional 64 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Willis Lease Finance by 4.2% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,622 shares of the transportation company's stock worth $337,000 after buying an additional 66 shares during the period. Nuveen Asset Management LLC grew its holdings in shares of Willis Lease Finance by 1.5% during the 4th quarter. Nuveen Asset Management LLC now owns 5,783 shares of the transportation company's stock worth $1,200,000 after purchasing an additional 83 shares in the last quarter. Lazard Asset Management LLC grew its holdings in shares of Willis Lease Finance by 16.9% during the 4th quarter. Lazard Asset Management LLC now owns 643 shares of the transportation company's stock worth $133,000 after purchasing an additional 93 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Willis Lease Finance by 0.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 23,188 shares of the transportation company's stock worth $4,813,000 after purchasing an additional 198 shares in the last quarter. 93.70% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded Willis Lease Finance from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd.

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.