Barclays PLC Acquires 2,576 Shares of Willis Lease Finance Co. (NASDAQ:WLFC)

Barclays PLC grew its position in Willis Lease Finance Co. (NASDAQ:WLFC - Free Report) by 221.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,738 shares of the transportation company's stock after acquiring an additional 2,576 shares during the quarter. Barclays PLC owned 0.06% of Willis Lease Finance worth $556,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Bank of New York Mellon Corp lifted its holdings in shares of Willis Lease Finance by 6.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 19,732 shares of the transportation company's stock worth $1,367,000 after acquiring an additional 1,187 shares during the period. Rhumbline Advisers raised its position in Willis Lease Finance by 4.0% in the second quarter. Rhumbline Advisers now owns 6,691 shares of the transportation company's stock worth $464,000 after purchasing an additional 259 shares in the last quarter. ProShare Advisors LLC bought a new position in Willis Lease Finance during the second quarter worth about $27,000. SG Americas Securities LLC acquired a new stake in Willis Lease Finance during the third quarter valued at approximately $146,000. Finally, Ritholtz Wealth Management bought a new stake in shares of Willis Lease Finance in the 3rd quarter valued at approximately $312,000. Institutional investors and hedge funds own 93.70% of the company's stock.

Analyst Ratings Changes

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

Willis Lease Finance Price Performance

Shares of WLFC traded down $2.84 during mid-day trading on Friday, hitting $198.01. 22,940 shares of the company traded hands, compared to its average volume of 28,707. 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 business has a 50-day moving average of $207.12 and a 200 day moving average of $153.41. Willis Lease Finance Co. has a one year low of $45.76 and a one year high of $235.43. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of 14.03 and a beta of 1.11.

Willis Lease Finance Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Tuesday, November 12th were given a dividend of $0.25 per share. The ex-dividend date was Tuesday, November 12th. This represents a $1.00 dividend on an annualized basis and a yield of 0.51%. Willis Lease Finance's payout ratio is presently 7.09%.

Insider Activity

In related news, President Brian Richard Hole sold 20,000 shares of Willis Lease Finance stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $203.31, for a total transaction 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 trade represents a 19.77 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Rae Ann Mckeating sold 500 shares of the business's stock in a transaction that occurred 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 transaction, the director now owns 16,500 shares of the company's stock, valued at approximately $3,206,280. This represents a 2.94 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,500 shares of company stock valued at $5,164,310. 57.02% of the stock is currently owned by insiders.

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.