Willis Lease Finance Co. (NASDAQ:WLFC) Insider Robert J. Keady Sells 106 Shares of Stock

Willis Lease Finance Co. (NASDAQ:WLFC) insider Robert J. Keady sold 106 shares of the company’s stock in a transaction dated Wednesday, August 28th. The shares were sold at an average price of $109.33, for a total transaction of $11,588.98. Following the sale, the insider now directly owns 9,875 shares in the company, valued at $1,079,633.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Willis Lease Finance Price Performance

Shares of WLFC traded up $0.41 during midday trading on Friday, hitting $106.04. 2,248 shares of the company traded hands, compared to its average volume of 14,948. The stock has a 50-day moving average of $84.80 and a 200-day moving average of $64.85. Willis Lease Finance Co. has a one year low of $39.50 and a one year high of $114.41. The firm has a market cap of $696.68 million, a P/E ratio of 12.17 and a beta of 1.05. 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 (NASDAQ:WLFC) last announced its quarterly earnings results on Thursday, August 1st. The transportation company reported $6.21 earnings per share for the quarter. Willis Lease Finance had a return on equity of 19.51% and a net margin of 18.16%. The firm had revenue of $151.12 million for the quarter.

Willis Lease Finance Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 21st. Investors of record on Monday, August 12th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend was Monday, August 12th. Willis Lease Finance’s dividend payout ratio (DPR) is 11.52%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. ProShare Advisors LLC bought a new position in shares of Willis Lease Finance in the second quarter worth approximately $27,000. Innealta Capital LLC bought a new position in shares of Willis Lease Finance in the second quarter worth approximately $44,000. Nisa Investment Advisors LLC bought a new position in shares of 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 first quarter valued at approximately $114,000. Finally, BNP Paribas Financial Markets grew its position in Willis Lease Finance by 14.0% during the first quarter. BNP Paribas Financial Markets now owns 4,887 shares of the transportation company’s stock valued at $242,000 after acquiring an additional 599 shares during the last quarter. 93.70% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Willis Lease Finance from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 21st.

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.