Willis Lease Finance Co. (NASDAQ:WLFC – Get Free Report) CFO Scott B. Flaherty sold 5,000 shares of the business’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $200.19, for a total transaction of $1,000,950.00. Following the transaction, the chief financial officer now directly owns 74,955 shares in the company, valued at $15,005,241.45. This trade represents a 6.25 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Willis Lease Finance Price Performance
Shares of NASDAQ WLFC traded up $4.44 during trading on Friday, reaching $205.45. The company had a trading volume of 4,463 shares, compared to its average volume of 21,549. The business’s 50 day moving average price is $163.15 and its 200-day moving average price is $106.42. The stock has a market cap of $1.36 billion, a PE ratio of 14.25 and a beta of 1.06. Willis Lease Finance Co. has a 52 week low of $44.07 and a 52 week high of $235.43. The company has a debt-to-equity ratio of 3.84, a quick ratio of 0.76 and a current ratio of 1.16.
Willis Lease Finance Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 21st. Stockholders of record on Tuesday, November 12th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.49%. The ex-dividend date of this dividend is Tuesday, November 12th. Willis Lease Finance’s dividend payout ratio (DPR) is presently 7.09%.
Analysts Set New Price Targets
Check Out Our Latest Stock Report on WLFC
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the stock. ProShare Advisors LLC acquired a new position in shares of Willis Lease Finance in the 2nd quarter valued at $27,000. Innealta Capital LLC acquired a new stake in shares of Willis Lease Finance in the second quarter valued at approximately $44,000. Nisa Investment Advisors LLC bought a new stake in Willis Lease Finance during the 2nd quarter worth about $69,000. Hillsdale Investment Management Inc. bought a new stake in Willis Lease Finance during the first quarter worth about $114,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Willis Lease Finance in the 3rd quarter valued at approximately $146,000. Institutional investors and hedge funds own 93.70% of the company’s stock.
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.
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