Willis Lease Finance Co. (NASDAQ:WLFC - Get Free Report) CEO Austin Chandler Willis sold 3,450 shares of the company's stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $157.82, for a total value of $544,479.00. Following the completion of the transaction, the chief executive officer now owns 206,644 shares of the company's stock, valued at $32,612,556.08. The trade was a 1.64 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Austin Chandler Willis also recently made the following trade(s):
- On Monday, March 3rd, Austin Chandler Willis sold 3,450 shares of Willis Lease Finance stock. The shares were sold at an average price of $204.14, for a total transaction of $704,283.00.
Willis Lease Finance Price Performance
Shares of NASDAQ:WLFC traded down $3.76 during midday trading on Tuesday, reaching $132.67. 53,297 shares of the company were exchanged, compared to its average volume of 32,088. The company has a current ratio of 1.16, a quick ratio of 0.76 and a debt-to-equity ratio of 3.84. The stock has a market cap of $876.42 million, a PE ratio of 9.40 and a beta of 0.79. The business's fifty day moving average is $179.93 and its two-hundred day moving average is $188.51. Willis Lease Finance Co. has a one year low of $48.10 and a one year high of $235.43.
Willis Lease Finance (NASDAQ:WLFC - Get Free Report) last released its quarterly earnings data on Monday, March 10th. The transportation company reported $2.81 EPS for the quarter, beating the consensus estimate of $1.89 by $0.92. The business had revenue of $152.80 million during the quarter, compared to the consensus estimate of $145.54 million. Willis Lease Finance had a net margin of 18.56% and a return on equity of 20.62%.
Willis Lease Finance Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Wednesday, February 12th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend was Wednesday, February 12th. Willis Lease Finance's payout ratio is 6.50%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the company. Summit Investment Advisors Inc. grew its holdings in shares of Willis Lease Finance by 27.4% in the fourth quarter. Summit Investment Advisors Inc. now owns 298 shares of the transportation company's stock valued at $62,000 after purchasing an additional 64 shares in the last quarter. KLP Kapitalforvaltning AS bought a new stake in shares of Willis Lease Finance in the 4th quarter worth about $104,000. Lazard Asset Management LLC increased its holdings in shares of Willis Lease Finance by 16.9% in the 4th quarter. Lazard Asset Management LLC now owns 643 shares of the transportation company's stock worth $133,000 after buying an additional 93 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of Willis Lease Finance by 780.8% during the 4th quarter. Russell Investments Group Ltd. now owns 687 shares of the transportation company's stock valued at $143,000 after buying an additional 609 shares in the last quarter. Finally, Truist Financial Corp bought a new position in shares of Willis Lease Finance in the 4th quarter valued at about $208,000. 93.70% of the stock is currently owned by institutional investors.
Willis Lease Finance Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Willis Lease Finance, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Willis Lease Finance wasn't on the list.
While Willis Lease Finance currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
