Rae Ann Mckeating Sells 500 Shares of Willis Lease Finance Co. (NASDAQ:WLFC) Stock

Willis Lease Finance Co. (NASDAQ:WLFC) Director Rae Ann Mckeating sold 500 shares of Willis Lease Finance stock in a transaction on Monday, November 18th. The shares were sold at an average price of $194.32, for a total transaction of $97,160.00. Following the completion of the sale, the director now owns 16,500 shares in the company, valued at approximately $3,206,280. This represents a 2.94 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Willis Lease Finance Trading Up 1.1 %

NASDAQ WLFC opened at $193.24 on Thursday. The company has a quick ratio of 0.76, a current ratio of 1.16 and a debt-to-equity ratio of 3.84. The firm has a market cap of $1.28 billion, a PE ratio of 13.70 and a beta of 1.06. The company has a 50 day moving average price of $170.22 and a 200 day moving average price of $110.79. Willis Lease Finance Co. has a 52 week low of $44.07 and a 52 week high of $235.43.

Willis Lease Finance Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 21st. Shareholders of record on Tuesday, November 12th will be paid a dividend of $0.25 per share. The ex-dividend date is Tuesday, November 12th. This represents a $1.00 dividend on an annualized basis and a yield of 0.52%. Willis Lease Finance’s payout ratio is 7.09%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. ProShare Advisors LLC acquired a new position in Willis Lease Finance during the 2nd quarter valued at approximately $27,000. Innealta Capital LLC purchased a new stake in shares of Willis Lease Finance in the 2nd quarter valued at $44,000. Nisa Investment Advisors LLC purchased a new stake in shares of Willis Lease Finance in the 2nd quarter valued at $69,000. Hillsdale Investment Management Inc. purchased a new stake in shares of Willis Lease Finance in the 1st quarter valued at $114,000. Finally, SG Americas Securities LLC purchased a new stake in Willis Lease Finance during the third quarter worth $146,000. Institutional investors and hedge funds own 93.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Willis Lease Finance from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th.

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.