Knights of Columbus Asset Advisors LLC Takes $1.82 Million Position in Willis Lease Finance Co. (NASDAQ:WLFC)

Knights of Columbus Asset Advisors LLC purchased a new stake in Willis Lease Finance Co. (NASDAQ:WLFC - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 8,764 shares of the transportation company's stock, valued at approximately $1,819,000. Knights of Columbus Asset Advisors LLC owned 0.13% of Willis Lease Finance as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. increased its position in shares of Willis Lease Finance by 0.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 23,188 shares of the transportation company's stock worth $4,813,000 after acquiring an additional 198 shares in the last quarter. Rhumbline Advisers grew its stake in shares of Willis Lease Finance by 5.5% in the fourth quarter. Rhumbline Advisers now owns 7,073 shares of the transportation company's stock valued at $1,468,000 after buying an additional 371 shares in the last quarter. Ritholtz Wealth Management lifted its position in Willis Lease Finance by 32.5% during the 4th quarter. Ritholtz Wealth Management now owns 2,778 shares of the transportation company's stock worth $577,000 after acquiring an additional 681 shares in the last quarter. Truist Financial Corp purchased a new position in Willis Lease Finance in the 4th quarter worth approximately $208,000. Finally, Lakewood Asset Management LLC acquired a new position in shares of Willis Lease Finance during the fourth quarter worth $227,000. 93.70% of the stock is owned by institutional investors and hedge funds.

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Willis Lease Finance Stock Down 1.6 %

WLFC traded down $2.80 during trading hours on Thursday, reaching $167.66. 43,706 shares of the stock traded hands, compared to its average volume of 30,110. The firm's fifty day simple moving average is $188.92 and its two-hundred day simple moving average is $186.34. The company has a debt-to-equity ratio of 3.84, a current ratio of 1.16 and a quick ratio of 0.76. The company has a market cap of $1.11 billion, a price-to-earnings ratio of 11.88 and a beta of 1.11. Willis Lease Finance Co. has a fifty-two week low of $48.10 and a fifty-two week high of $235.43.

Willis Lease Finance (NASDAQ:WLFC - Get Free Report) last issued its quarterly earnings results on Monday, March 10th. The transportation company reported $2.81 EPS for the quarter, beating analysts' consensus estimates of $1.89 by $0.92. The firm had revenue of $152.80 million during the quarter, compared to the consensus estimate of $145.54 million. Willis Lease Finance had a return on equity of 20.62% and a net margin of 18.56%.

Willis Lease Finance Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Wednesday, February 12th were paid a dividend of $0.25 per share. The ex-dividend date was Wednesday, February 12th. This represents a $1.00 dividend on an annualized basis and a yield of 0.60%. Willis Lease Finance's dividend payout ratio (DPR) is 6.50%.

Insider Activity

In other Willis Lease Finance news, CEO Austin Chandler Willis sold 3,450 shares of Willis Lease Finance stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $204.14, for a total value of $704,283.00. Following the completion of the transaction, the chief executive officer now owns 158,034 shares of the company's stock, valued at $32,261,060.76. The trade was a 2.14 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Scott B. Flaherty sold 1,539 shares of the firm's stock in a transaction dated Wednesday, March 26th. The stock was sold at an average price of $170.90, for a total transaction of $263,015.10. Following the completion of the transaction, the executive vice president now owns 69,296 shares in the company, valued at approximately $11,842,686.40. The trade was a 2.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 10,015 shares of company stock worth $1,894,595. 57.02% of the stock is currently owned by corporate insiders.

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.