Willis Lease Finance (NASDAQ:WLFC) Stock Price Passes Above 200 Day Moving Average - Time to Sell?

Willis Lease Finance Co. (NASDAQ:WLFC - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $149.23 and traded as high as $207.54. Willis Lease Finance shares last traded at $205.40, with a volume of 22,787 shares traded.

Wall Street Analysts Forecast Growth

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

Willis Lease Finance Trading Up 3.8 %

The firm has a market cap of $1.41 billion, a PE ratio of 15.10 and a beta of 1.11. The business has a 50-day moving average price of $207.37 and a two-hundred day moving average price of $150.19. The company has a debt-to-equity ratio of 3.84, a current ratio of 1.16 and a quick ratio of 0.76.

Willis Lease Finance Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Tuesday, November 12th were paid a $0.25 dividend. The ex-dividend date was Tuesday, November 12th. This represents a $1.00 dividend on an annualized basis and a yield of 0.47%. Willis Lease Finance's dividend payout ratio (DPR) is 7.09%.

Insider Activity at Willis Lease Finance

In other news, Director Rae Ann Mckeating sold 500 shares of Willis Lease Finance stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $194.32, for a total value of $97,160.00. Following the transaction, the director now owns 16,500 shares of the company's stock, valued at $3,206,280. The trade was a 2.94 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 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 sale, the president now directly owns 81,164 shares of the company's stock, valued at approximately $16,501,452.84. This represents a 19.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,500 shares of company stock valued at $5,164,310 in the last quarter. Insiders own 57.02% of the company's stock.

Institutional Trading of Willis Lease Finance

A number of institutional investors and hedge funds have recently modified their holdings of WLFC. ProShare Advisors LLC acquired a new position in Willis Lease Finance in the 2nd quarter valued at approximately $27,000. SG Americas Securities LLC bought a new position in Willis Lease Finance in the third quarter worth $146,000. Franklin Resources Inc. acquired a new stake in Willis Lease Finance during the third quarter worth $283,000. Ritholtz Wealth Management bought a new stake in Willis Lease Finance in the 3rd quarter valued at $312,000. Finally, Navellier & Associates Inc. acquired a new position in shares of Willis Lease Finance in the 3rd quarter valued at $525,000. 93.70% of the stock is currently owned by institutional investors and hedge funds.

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.