Willis Lease Finance Co. (NASDAQ:WLFC) Director Rae Ann Mckeating Sells 2,000 Shares

Willis Lease Finance Co. (NASDAQ:WLFC - Get Free Report) Director Rae Ann Mckeating sold 2,000 shares of Willis Lease Finance stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $66.28, for a total value of $132,560.00. Following the completion of the sale, the director now owns 14,250 shares of the company's stock, valued at $944,490. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Willis Lease Finance Stock Down 1.1 %

Willis Lease Finance stock traded down $0.72 during trading on Wednesday, hitting $66.73. 7,186 shares of the company were exchanged, compared to its average volume of 9,749. The business's 50 day moving average is $53.12 and its 200 day moving average is $49.42. Willis Lease Finance Co. has a 52 week low of $37.01 and a 52 week high of $67.50. The company has a market capitalization of $438.42 million, a P/E ratio of 7.69 and a beta of 0.99. The company has a current ratio of 1.41, a quick ratio of 0.91 and a debt-to-equity ratio of 3.76.

Willis Lease Finance (NASDAQ:WLFC - Get Free Report) last posted its quarterly earnings data on Thursday, May 2nd. The transportation company reported $3.00 earnings per share for the quarter. Willis Lease Finance had a return on equity of 13.77% and a net margin of 13.45%. The business had revenue of $119.08 million for the quarter.

Willis Lease Finance Dividend Announcement

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

Analysts Set New Price Targets

Several equities research analysts have recently commented on WLFC shares. StockNews.com upgraded Willis Lease Finance from a "buy" rating to a "strong-buy" rating in a report on Friday, March 22nd. TheStreet downgraded Willis Lease Finance from a "c-" rating to a "d" rating in a report on Wednesday, March 13th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of Willis Lease Finance by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 104,869 shares of the transportation company's stock valued at $5,204,000 after buying an additional 865 shares during the last quarter. Empowered Funds LLC lifted its holdings in 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 purchasing an additional 1,575 shares in the last quarter. Los Angeles Capital Management LLC purchased a new stake in Willis Lease Finance during the 3rd quarter worth about $308,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Willis Lease Finance during the 3rd quarter worth about $225,000. Finally, BNP Paribas Financial Markets lifted its holdings in Willis Lease Finance by 14.0% during the 1st quarter. BNP Paribas Financial Markets now owns 4,887 shares of the transportation company's stock worth $242,000 after purchasing an additional 599 shares in the last quarter. 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.