Willis Lease Finance Co. (NASDAQ:WLFC - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $177.55 and traded as high as $211.00. Willis Lease Finance shares last traded at $201.48, with a volume of 71,590 shares traded.
Willis Lease Finance Stock Performance
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 has a 50 day moving average price of $198.53 and a two-hundred day moving average price of $179.09. The company has a market capitalization of $1.16 billion, a P/E ratio of 12.48 and a beta of 1.10.
Willis Lease Finance Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Wednesday, February 12th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.57%. The ex-dividend date was Wednesday, February 12th. Willis Lease Finance's dividend payout ratio (DPR) is presently 7.09%.
Insider Transactions at Willis Lease Finance
In other Willis Lease Finance news, CEO Austin Chandler Willis sold 3,450 shares of the business's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $204.14, for a total value of $704,283.00. Following the sale, the chief executive officer now owns 158,034 shares in the company, valued at approximately $32,261,060.76. The trade was a 2.14 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 57.02% of the company's stock.
Institutional Trading of Willis Lease Finance
A number of large investors have recently added to or reduced their stakes in the company. Barclays PLC raised its holdings in Willis Lease Finance by 221.7% in the 3rd quarter. Barclays PLC now owns 3,738 shares of the transportation company's stock valued at $556,000 after acquiring an additional 2,576 shares during the period. Navellier & Associates Inc. acquired a new stake in shares of Willis Lease Finance during the 3rd quarter valued at $525,000. Jane Street Group LLC bought a new stake in shares of Willis Lease Finance during the third quarter worth about $531,000. Empowered Funds LLC increased its position in Willis Lease Finance by 39.4% in the 3rd quarter. Empowered Funds LLC now owns 33,008 shares of the transportation company's stock valued at $4,912,000 after acquiring an additional 9,326 shares during the period. Finally, Pekin Hardy Strauss Inc. acquired a new stake in Willis Lease Finance in the third quarter valued at $4,136,000. Institutional investors and hedge funds own 93.70% of the company's stock.
Willis Lease Finance Company Profile
(
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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.
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