Willis Lease Finance Co. (NASDAQ:WLFC - Get Free Report) CFO Scott B. Flaherty sold 2,637 shares of the company's stock in a transaction that occurred on Thursday, May 2nd. The stock was sold at an average price of $51.72, for a total value of $136,385.64. Following the transaction, the chief financial officer now owns 107,616 shares of the company's stock, valued at $5,565,899.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Willis Lease Finance Price Performance
Willis Lease Finance stock traded down $0.01 on Monday, reaching $55.98. The company's stock had a trading volume of 30,844 shares, compared to its average volume of 8,761. The company has a debt-to-equity ratio of 4.11, a quick ratio of 1.88 and a current ratio of 2.22. The company has a market cap of $396.34 million, a price-to-earnings ratio of 6.45 and a beta of 0.99. The business's fifty day moving average price is $49.31 and its 200 day moving average price is $47.67. Willis Lease Finance Co. has a twelve month low of $37.01 and a twelve month high of $58.98.
Willis Lease Finance (NASDAQ:WLFC - Get Free Report) last posted its quarterly earnings data on Wednesday, March 13th. The transportation company reported $1.53 EPS for the quarter. Willis Lease Finance had a return on equity of 14.03% and a net margin of 13.45%. The company had revenue of $114.28 million for the quarter.
Hedge Funds Weigh In On Willis Lease Finance
Large investors have recently made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Willis Lease Finance during the third quarter valued at $225,000. Los Angeles Capital Management LLC acquired a new position in Willis Lease Finance in the third quarter valued at about $308,000. Brown Advisory Inc. acquired a new position in Willis Lease Finance in the third quarter valued at about $212,000. Finally, BNP Paribas Financial Markets lifted its stake in Willis Lease Finance by 14.0% in the first quarter. BNP Paribas Financial Markets now owns 4,887 shares of the transportation company's stock valued at $242,000 after buying an additional 599 shares during the period. Institutional investors and hedge funds own 93.70% of the company's stock.
Analysts Set New Price Targets
A number of analysts have recently issued reports on the company. StockNews.com upgraded Willis Lease Finance from a "buy" rating to a "strong-buy" rating in a research report on Friday, March 22nd. TheStreet lowered Willis Lease Finance from a "c-" rating to a "d" rating in a research note on Wednesday, March 13th.
Check Out Our Latest Report on Willis Lease Finance
About Willis Lease Finance
(
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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.
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