Willis Lease Finance Co. (NASDAQ:WLFC) Insider Robert J. Keady Sells 188 Shares

Willis Lease Finance Co. (NASDAQ:WLFC - Get Free Report) insider Robert J. Keady sold 188 shares of the company's stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $66.90, for a total value of $12,577.20. Following the completion of the transaction, the insider now directly owns 29,405 shares in the company, valued at $1,967,194.50. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Willis Lease Finance Stock Performance

Shares of NASDAQ WLFC traded up $1.34 during midday trading on Tuesday, hitting $67.45. 14,588 shares of the company's stock were exchanged, compared to its average volume of 9,776. Willis Lease Finance Co. has a twelve month low of $37.01 and a twelve month high of $67.45. The firm has a market cap of $443.15 million, a P/E ratio of 7.77 and a beta of 0.99. The stock's 50 day moving average price is $52.77 and its 200-day moving average price is $49.30. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.41 and a quick ratio of 0.91.

Willis Lease Finance (NASDAQ:WLFC - Get Free Report) last announced its quarterly earnings results on Wednesday, March 13th. The transportation company reported $1.53 earnings per share (EPS) for the quarter. The company had revenue of $114.28 million during the quarter. Willis Lease Finance had a return on equity of 13.77% and a net margin of 13.45%.

Willis Lease Finance Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, June 7th. Shareholders of record on Thursday, May 30th will be given a dividend of $1.00 per share. The ex-dividend date is Thursday, May 30th.

Analyst Ratings Changes

Several research analysts have weighed in on WLFC shares. StockNews.com raised shares of Willis Lease Finance from a "buy" rating to a "strong-buy" rating in a report on Friday, March 22nd. TheStreet cut shares of Willis Lease Finance from a "c-" rating to a "d" rating in a report on Wednesday, March 13th.

Institutional Trading of Willis Lease Finance

A number of institutional investors have recently made changes to their positions in WLFC. Hillsdale Investment Management Inc. bought a new position in Willis Lease Finance during the first quarter valued at about $114,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Willis Lease Finance during the third quarter valued at approximately $225,000. BNP Paribas Financial Markets grew its position 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 worth $242,000 after buying an additional 599 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Willis Lease Finance in the third quarter valued at $308,000. Finally, Empowered Funds LLC boosted its stake in shares of Willis Lease Finance by 7.7% during the 1st quarter. Empowered Funds LLC now owns 22,062 shares of the transportation company's stock worth $1,095,000 after acquiring an additional 1,575 shares in the last quarter. 93.70% of the stock is owned by institutional investors and hedge funds.

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.

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