Willis Lease Finance Co. (NASDAQ:WLFC - Get Free Report) CEO Austin Chandler Willis sold 3,450 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $157.82, for a total transaction of $544,479.00. Following the sale, the chief executive officer now directly owns 206,644 shares of the company's stock, valued at approximately $32,612,556.08. This represents a 1.64 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Austin Chandler Willis also recently made the following trade(s):
- On Monday, March 3rd, Austin Chandler Willis sold 3,450 shares of Willis Lease Finance stock. The stock was sold at an average price of $204.14, for a total value of $704,283.00.
Willis Lease Finance Stock Down 5.6 %
Shares of Willis Lease Finance stock opened at $151.59 on Friday. The stock's fifty day moving average is $184.36 and its 200-day moving average is $187.85. The company has a quick ratio of 0.76, a current ratio of 1.16 and a debt-to-equity ratio of 3.84. The firm has a market capitalization of $1.00 billion, a PE ratio of 10.74 and a beta of 1.11. Willis Lease Finance Co. has a 12-month low of $48.10 and a 12-month high of $235.43.
Willis Lease Finance (NASDAQ:WLFC - Get Free Report) last posted its quarterly earnings data on Monday, March 10th. The transportation company reported $2.81 EPS for the quarter, topping analysts' consensus estimates of $1.89 by $0.92. Willis Lease Finance had a net margin of 18.56% and a return on equity of 20.62%. The firm had revenue of $152.80 million during the quarter, compared to analyst estimates of $145.54 million.
Willis Lease Finance Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Wednesday, February 12th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date was Wednesday, February 12th. Willis Lease Finance's dividend payout ratio (DPR) is 6.50%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Summit Investment Advisors Inc. lifted its position in Willis Lease Finance by 27.4% in the 4th quarter. Summit Investment Advisors Inc. now owns 298 shares of the transportation company's stock worth $62,000 after buying an additional 64 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in Willis Lease Finance in the 4th quarter worth about $104,000. Lazard Asset Management LLC increased its holdings in Willis Lease Finance by 16.9% in the fourth quarter. Lazard Asset Management LLC now owns 643 shares of the transportation company's stock worth $133,000 after buying an additional 93 shares during the last quarter. Russell Investments Group Ltd. raised its position in Willis Lease Finance by 780.8% during the fourth quarter. Russell Investments Group Ltd. now owns 687 shares of the transportation company's stock valued at $143,000 after acquiring an additional 609 shares in the last quarter. Finally, Truist Financial Corp acquired a new stake in Willis Lease Finance in the fourth quarter valued at approximately $208,000. 93.70% of the stock is owned by hedge funds and other institutional investors.
Willis Lease Finance Company Profile
(
Get Free Report)
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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