Willis Lease Finance Co. (NASDAQ:WLFC) CFO Sells $110,946.00 in Stock

Willis Lease Finance Co. (NASDAQ:WLFC) CFO Scott B. Flaherty sold 2,200 shares of the firm’s stock in a transaction that occurred on Tuesday, April 16th. The stock was sold at an average price of $50.43, for a total transaction of $110,946.00. Following the transaction, the chief financial officer now directly owns 110,653 shares of the company’s stock, valued at $5,580,230.79. The sale was disclosed in a document filed with the SEC, which is available through this link.

Willis Lease Finance Stock Down 0.7 %

Shares of NASDAQ WLFC opened at $49.89 on Friday. The firm has a market cap of $342.25 million, a P/E ratio of 8.01 and a beta of 1.01. The company has a debt-to-equity ratio of 4.11, a quick ratio of 1.88 and a current ratio of 2.22. Willis Lease Finance Co. has a 1 year low of $37.01 and a 1 year high of $52.64. The firm’s 50 day moving average price is $48.96 and its 200 day moving average price is $46.92.

Willis Lease Finance (NASDAQ:WLFC) last issued its quarterly earnings results on Wednesday, March 13th. The transportation company reported $1.53 earnings per share for the quarter. The company had revenue of $114.28 million for the quarter. Willis Lease Finance had a return on equity of 10.34% and a net margin of 10.46%.

Institutional Trading of Willis Lease Finance

A number of hedge funds have recently added to or reduced their stakes in WLFC. BNP Paribas Financial Markets increased its holdings in shares of Willis Lease Finance by 5.6% during the 4th quarter. BNP Paribas Financial Markets now owns 4,288 shares of the transportation company’s stock worth $210,000 after buying an additional 226 shares during the last quarter. Royal Bank of Canada increased its stake in Willis Lease Finance by 1.6% during the third quarter. Royal Bank of Canada now owns 15,066 shares of the transportation company’s stock worth $637,000 after acquiring an additional 232 shares during the last quarter. Rhumbline Advisers raised its holdings in shares of Willis Lease Finance by 4.5% in the 3rd quarter. Rhumbline Advisers now owns 6,350 shares of the transportation company’s stock worth $269,000 after purchasing an additional 275 shares during the period. Lazard Asset Management LLC lifted its stake in shares of Willis Lease Finance by 91.4% in the 2nd quarter. Lazard Asset Management LLC now owns 846 shares of the transportation company’s stock valued at $33,000 after purchasing an additional 404 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Willis Lease Finance by 0.7% during the 1st quarter. Bank of America Corp DE now owns 62,246 shares of the transportation company’s stock worth $3,410,000 after purchasing an additional 404 shares during the period. 93.70% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

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.