Barclays PLC Raises Stock Position in Willis Lease Finance Co. (NASDAQ:WLFC)

Barclays PLC lifted its position in shares of Willis Lease Finance Co. (NASDAQ:WLFC - Free Report) by 221.7% in the third quarter, according to the company in 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 period. Barclays PLC owned approximately 0.06% of Willis Lease Finance worth $556,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Rhumbline Advisers lifted its holdings in shares of 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 acquiring an additional 259 shares during the last quarter. ProShare Advisors LLC bought a new stake in shares of Willis Lease Finance during the second quarter worth $27,000. SG Americas Securities LLC acquired a new position in shares of Willis Lease Finance during the third quarter worth $146,000. Bank of New York Mellon Corp lifted its stake in shares of 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 acquiring an additional 1,187 shares during the last quarter. Finally, Ritholtz Wealth Management bought a new stake in Willis Lease Finance during the 3rd quarter worth $312,000. Institutional investors and hedge funds own 93.70% of the company's stock.

Analysts Set New Price Targets

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

Insider Transactions at Willis Lease Finance

In other news, Director Rae Ann Mckeating sold 500 shares of the company's stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $194.32, for a total value of $97,160.00. Following the completion of the transaction, the director now directly owns 16,500 shares of the company's stock, valued at $3,206,280. This represents a 2.94 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, President Brian Richard Hole sold 20,000 shares of the company's stock in a transaction on Friday, November 8th. The shares were sold at an average price of $203.31, for a total value of $4,066,200.00. Following the completion of 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 disclosure for this sale can be found here. Insiders sold a total of 25,500 shares of company stock worth $5,164,310 over the last three months. 57.02% of the stock is owned by company insiders.

Willis Lease Finance Trading Up 2.1 %

NASDAQ:WLFC traded up $4.54 during trading hours on Friday, hitting $217.50. 34,343 shares of the company were exchanged, compared to its average volume of 43,471. The company has a fifty day simple moving average of $204.19 and a 200 day simple moving average of $142.78. Willis Lease Finance Co. has a one year low of $45.32 and a one year high of $235.43. The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of 15.41 and a beta of 1.11. 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 disclosed a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Tuesday, November 12th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date of this dividend was Tuesday, November 12th. Willis Lease Finance's dividend payout ratio is currently 7.09%.

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.