Brian Richard Hole Sells 120 Shares of Willis Lease Finance Corporation (NASDAQ:WLFC) Stock

Key Points

• Willis Lease Finance Corporation President, Brian Richard Hole, sold a total of 120 shares on August 7th for $150 each, resulting in a transaction value of $18,000.
• The company recently declared a quarterly dividend of $0.25 per share, which will be paid on August 21st, representing an annualized dividend of $1.00 and a yield of 0.7%.
• In its latest earnings report, Willis Lease Finance surpassed expectations with earnings per share of $8.43 compared to the consensus estimate of $2.57, alongside a revenue of $195.50 million.

Willis Lease Finance Corporation (NASDAQ:WLFC - Get Free Report) President Brian Richard Hole sold 120 shares of Willis Lease Finance stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $150.00, for a total value of $18,000.00. Following the completion of the transaction, the president directly owned 99,382 shares of the company's stock, valued at approximately $14,907,300. This represents a 0.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Friday, August 8th, Brian Richard Hole sold 600 shares of Willis Lease Finance stock. The stock was sold at an average price of $150.17, for a total value of $90,102.00.
• On Wednesday, August 6th, Brian Richard Hole sold 1,296 shares of Willis Lease Finance stock. The stock was sold at an average price of $150.51, for a total value of $195,060.96.
• On Friday, June 27th, Brian Richard Hole sold 7,295 shares of Willis Lease Finance stock. The stock was sold at an average price of $145.16, for a total value of $1,058,942.20.
• On Tuesday, May 27th, Brian Richard Hole sold 2,893 shares of Willis Lease Finance stock. The stock was sold at an average price of $133.72, for a total value of $386,851.96.
• On Friday, May 23rd, Brian Richard Hole sold 2,807 shares of Willis Lease Finance stock. The stock was sold at an average price of $131.49, for a total value of $369,092.43.

Willis Lease Finance Stock Performance

Shares of NASDAQ WLFC traded up $5.91 during midday trading on Tuesday, hitting $155.74. 74,164 shares of the company's stock traded hands, compared to its average volume of 77,373. Willis Lease Finance Corporation has a 1 year low of $91.37 and a 1 year high of $235.43. The stock has a market capitalization of $1.06 billion, a price-to-earnings ratio of 9.26 and a beta of 1.13. The company has a debt-to-equity ratio of 4.53, a quick ratio of 5.55 and a current ratio of 5.98. The firm has a fifty day moving average of $141.79 and a 200 day moving average of $155.69.

Willis Lease Finance (NASDAQ:WLFC - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The transportation company reported $8.43 EPS for the quarter, beating the consensus estimate of $2.57 by $5.86. Willis Lease Finance had a net margin of 18.77% and a return on equity of 21.75%. The firm had revenue of $195.50 million during the quarter, compared to analyst estimates of $134.00 million.

Willis Lease Finance Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 21st. Stockholders of record on Tuesday, August 12th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, August 12th. This represents a $1.00 annualized dividend and a dividend yield of 0.6%. Willis Lease Finance's dividend payout ratio is presently 5.95%.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Willis Lease Finance

Several hedge funds and other institutional investors have recently made changes to their positions in WLFC. M3F Inc. grew its stake in shares of Willis Lease Finance by 6.0% during the 1st quarter. M3F Inc. now owns 534,261 shares of the transportation company's stock valued at $84,397,000 after acquiring an additional 30,032 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Willis Lease Finance by 951.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 27,346 shares of the transportation company's stock valued at $3,904,000 after acquiring an additional 24,745 shares during the period. Vanguard Group Inc. grew its stake in shares of Willis Lease Finance by 15.5% during the 4th quarter. Vanguard Group Inc. now owns 142,100 shares of the transportation company's stock valued at $29,493,000 after acquiring an additional 19,078 shares during the period. Four Tree Island Advisory LLC grew its stake in shares of Willis Lease Finance by 23.6% during the 1st quarter. Four Tree Island Advisory LLC now owns 96,900 shares of the transportation company's stock valued at $15,307,000 after acquiring an additional 18,519 shares during the period. Finally, Jones Financial Companies Lllp grew its stake in shares of Willis Lease Finance by 50,634.3% during the 1st quarter. Jones Financial Companies Lllp now owns 17,757 shares of the transportation company's stock valued at $2,805,000 after acquiring an additional 17,722 shares during the period. Hedge funds and other institutional investors own 93.70% of the company's stock.

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.