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

Willis Lease Finance Co. (NASDAQ:WLFC) CFO Scott B. Flaherty sold 2,200 shares of the firm’s stock in a transaction dated Tuesday, April 16th. The stock was 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 directly owns 110,653 shares in the company, valued at $5,580,230.79. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Willis Lease Finance Price Performance

WLFC stock opened at $49.89 on Friday. Willis Lease Finance Co. has a 52-week low of $37.01 and a 52-week high of $52.64. The firm has a market capitalization of $342.25 million, a price-to-earnings ratio of 8.01 and a beta of 1.01. The firm has a 50 day moving average price of $48.96 and a 200-day moving average price of $46.88. 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 (NASDAQ:WLFC) last announced its quarterly earnings data on Wednesday, March 13th. The transportation company reported $1.53 earnings per share for the quarter. Willis Lease Finance had a net margin of 10.46% and a return on equity of 10.34%. The company had revenue of $114.28 million during the quarter.

Wall Street Analyst Weigh In

WLFC has been the topic of several recent analyst reports. TheStreet cut Willis Lease Finance from a “c-” rating to a “d” rating in a research note on Wednesday, March 13th. StockNews.com upgraded shares of Willis Lease Finance from a “buy” rating to a “strong-buy” rating in a report on Friday, March 22nd.

Institutional Investors Weigh In On Willis Lease Finance

A number of large investors have recently added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD bought a new stake in Willis Lease Finance in the 4th quarter worth approximately $213,000. Barclays PLC lifted its stake in shares of Willis Lease Finance by 572.9% during the 4th quarter. Barclays PLC now owns 4,078 shares of the transportation company’s stock valued at $200,000 after buying an additional 3,472 shares in the last quarter. Bridgeway Capital Management LLC lifted its stake in shares of Willis Lease Finance by 1.8% during the 4th quarter. Bridgeway Capital Management LLC now owns 69,207 shares of the transportation company’s stock valued at $3,383,000 after buying an additional 1,249 shares in the last quarter. Royal Bank of Canada lifted its stake in Willis Lease Finance by 2.8% in the 4th quarter. Royal Bank of Canada now owns 15,486 shares of the transportation company’s stock worth $758,000 after purchasing an additional 420 shares in the last quarter. Finally, Northern Trust Corp lifted its stake in Willis Lease Finance by 7.6% in the 4th quarter. Northern Trust Corp now owns 33,987 shares of the transportation company’s stock worth $1,661,000 after purchasing an additional 2,409 shares in the last quarter. 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.