Brian Richard Hole Sells 20,000 Shares of Willis Lease Finance Co. (NASDAQ:WLFC) Stock

Willis Lease Finance Co. (NASDAQ:WLFC) President Brian Richard Hole sold 20,000 shares of Willis Lease Finance stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $203.31, for a total value of $4,066,200.00. Following the transaction, the president now owns 81,164 shares of the company’s stock, valued at $16,501,452.84. This represents a 19.77 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Brian Richard Hole also recently made the following trade(s):

• On Friday, August 30th, Brian Richard Hole sold 1,187 shares of Willis Lease Finance stock. The stock was sold at an average price of $106.17, for a total value of $126,023.79.
• On Wednesday, August 28th, Brian Richard Hole sold 1,314 shares of Willis Lease Finance stock. The stock was sold at an average price of $105.84, for a total value of $139,073.76.

Willis Lease Finance Stock Performance

Shares of NASDAQ WLFC opened at $201.01 on Friday. The stock has a 50 day moving average of $163.15 and a 200-day moving average of $106.42. The company has a market capitalization of $1.33 billion, a P/E ratio of 14.25 and a beta of 1.06. Willis Lease Finance Co. has a 12 month low of $43.73 and a 12 month high of $235.43. The company has a current ratio of 1.16, a quick ratio of 0.76 and a debt-to-equity ratio of 3.84.

Willis Lease Finance Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 21st. Investors of record on Tuesday, November 12th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $1.00 annualized dividend and a yield of 0.50%. Willis Lease Finance’s dividend payout ratio (DPR) is presently 7.09%.

Analyst Upgrades and Downgrades

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

Institutional Trading of Willis Lease Finance

Institutional investors have recently added to or reduced their stakes in the company. Ritholtz Wealth Management bought a new stake in Willis Lease Finance in the 3rd quarter valued at $312,000. Bank of New York Mellon Corp boosted its stake in Willis Lease Finance by 6.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 19,732 shares of the transportation company’s stock valued at $1,367,000 after purchasing an additional 1,187 shares during the period. Empowered Funds LLC boosted its stake in Willis Lease Finance by 7.7% in the 1st quarter. Empowered Funds LLC now owns 22,062 shares of the transportation company’s stock valued at $1,095,000 after purchasing an additional 1,575 shares during the period. Nisa Investment Advisors LLC bought a new stake in Willis Lease Finance in the 2nd quarter valued at $69,000. Finally, BNP Paribas Financial Markets boosted its stake in Willis Lease Finance by 14.0% in 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. 93.70% of the stock is currently owned by institutional investors.

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.