Los Angeles Capital Management LLC Has $315,000 Stock Holdings in Willis Lease Finance Co. (NASDAQ:WLFC)

Los Angeles Capital Management LLC trimmed its position in shares of Willis Lease Finance Co. (NASDAQ:WLFC - Free Report) by 54.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,120 shares of the transportation company's stock after selling 2,540 shares during the period. Los Angeles Capital Management LLC's holdings in Willis Lease Finance were worth $315,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in WLFC. Rhumbline Advisers boosted its stake in Willis Lease Finance by 4.0% during the 2nd quarter. Rhumbline Advisers now owns 6,691 shares of the transportation company's stock valued at $464,000 after purchasing an additional 259 shares during the period. ProShare Advisors LLC acquired a new stake in shares of Willis Lease Finance in the second quarter worth $27,000. BNP Paribas Financial Markets increased its position in Willis Lease Finance by 14.0% during the first quarter. BNP Paribas Financial Markets now owns 4,887 shares of the transportation company's stock worth $242,000 after acquiring an additional 599 shares during the period. Innealta Capital LLC acquired a new position in Willis Lease Finance during the 2nd quarter valued at $44,000. Finally, Vanguard Group Inc. boosted its holdings in Willis Lease Finance by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 104,869 shares of the transportation company's stock valued at $5,204,000 after purchasing an additional 865 shares during the period. 93.70% of the stock is owned by institutional investors and hedge funds.

Willis Lease Finance Price Performance

WLFC traded down $8.41 during midday trading on Monday, hitting $189.75. The company had a trading volume of 66,697 shares, compared to its average volume of 21,900. Willis Lease Finance Co. has a twelve month low of $44.07 and a twelve month high of $235.43. The company has a market capitalization of $1.25 billion, a PE ratio of 13.45 and a beta of 1.06. The company has a debt-to-equity ratio of 3.84, a quick ratio of 0.76 and a current ratio of 1.16. The firm's 50-day simple moving average is $166.82 and its 200-day simple moving average is $109.26.

Willis Lease Finance Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 21st. Shareholders of record on Tuesday, November 12th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $1.00 annualized dividend and a yield of 0.53%. Willis Lease Finance's dividend payout ratio is currently 7.09%.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at Willis Lease Finance

In other news, CFO Scott B. Flaherty sold 5,000 shares of Willis Lease Finance stock in a transaction on Tuesday, November 12th. The shares were 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 of the company's stock, valued at $15,005,241.45. This trade represents a 6.25 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, President Brian Richard Hole sold 20,000 shares of the firm's stock in a transaction on Friday, November 8th. The stock was sold at an average price of $203.31, for a total value of $4,066,200.00. Following the sale, the president now directly owns 81,164 shares in the company, valued at $16,501,452.84. The trade was a 19.77 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 56,673 shares of company stock worth $8,506,302. Company insiders own 57.02% of the company's stock.

Willis Lease Finance 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.