Robert J. Keady Sells 2,528 Shares of Willis Lease Finance Co. (NASDAQ:WLFC) Stock

Willis Lease Finance Co. (NASDAQ:WLFC) insider Robert J. Keady sold 2,528 shares of the company’s stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $91.08, for a total transaction of $230,250.24. Following the transaction, the insider now owns 22,478 shares of the company’s stock, valued at approximately $2,047,296.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Willis Lease Finance Stock Up 0.7 %

WLFC opened at $92.49 on Wednesday. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.80 and a quick ratio of 1.28. Willis Lease Finance Co. has a 12 month low of $39.50 and a 12 month high of $103.08. The stock’s 50 day moving average price is $74.30 and its 200 day moving average price is $60.29. The stock has a market cap of $608.58 million, a P/E ratio of 10.66 and a beta of 1.05.

Willis Lease Finance Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 21st. Investors of record on Monday, August 12th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend is Monday, August 12th.

Hedge Funds Weigh In On Willis Lease Finance

A number of institutional investors and hedge funds have recently bought and sold shares of WLFC. ProShare Advisors LLC acquired a new stake in shares of Willis Lease Finance in the 2nd quarter worth approximately $27,000. Innealta Capital LLC bought a new stake in Willis Lease Finance during the second quarter worth approximately $44,000. Nisa Investment Advisors LLC acquired a new stake in Willis Lease Finance in the second quarter worth approximately $69,000. Hillsdale Investment Management Inc. bought a new position in Willis Lease Finance during the 1st quarter valued at $114,000. Finally, BNP Paribas Financial Markets increased its position in shares of 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 valued at $242,000 after purchasing an additional 599 shares during the period. Institutional investors own 93.70% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Willis Lease Finance from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 8th.

About Willis Lease Finance

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.