Willis Lease Finance Co. (NASDAQ:WLFC) CFO Scott B. Flaherty Sells 2,200 Shares of Stock

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

Willis Lease Finance Stock Up 1.3 %

Shares of WLFC opened at $50.23 on Friday. 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 one year low of $37.01 and a one year high of $52.64. The stock has a market capitalization of $344.58 million, a price-to-earnings ratio of 8.06 and a beta of 1.01. The stock has a 50 day moving average price of $48.95 and a 200 day moving average price of $46.82.

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

Institutional Trading of Willis Lease Finance

Several large investors have recently added to or reduced their stakes in WLFC. Charles Schwab Investment Management Inc. grew its holdings in Willis Lease Finance by 29.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 8,629 shares of the transportation company’s stock valued at $278,000 after buying an additional 1,955 shares in the last quarter. FMR LLC lifted its stake in shares of Willis Lease Finance by 136.7% in the 2nd quarter. FMR LLC now owns 3,652 shares of the transportation company’s stock valued at $137,000 after purchasing an additional 2,109 shares during the last quarter. Millennium Management LLC lifted its stake in shares of Willis Lease Finance by 274.6% in the 2nd quarter. Millennium Management LLC now owns 31,435 shares of the transportation company’s stock valued at $1,178,000 after purchasing an additional 23,043 shares during the last quarter. Citadel Advisors LLC acquired a new position in Willis Lease Finance during the 2nd quarter worth about $390,000. Finally, UBS Group AG lifted its stake in Willis Lease Finance by 590.4% during the 3rd quarter. UBS Group AG now owns 1,443 shares of the transportation company’s stock worth $47,000 after acquiring an additional 1,234 shares in the last quarter. 93.70% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on WLFC shares. TheStreet cut 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.