Scott B. Flaherty Sells 5,098 Shares of Willis Lease Finance Co. (NASDAQ:WLFC) Stock

Willis Lease Finance Co. (NASDAQ:WLFC) CFO Scott B. Flaherty sold 5,098 shares of Willis Lease Finance stock in a transaction on Monday, May 6th. The stock was sold at an average price of $56.47, for a total transaction of $287,884.06. Following the sale, the chief financial officer now owns 98,519 shares of the company’s stock, valued at $5,563,367.93. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Willis Lease Finance Stock Performance

WLFC traded up $0.73 during trading on Tuesday, reaching $56.71. 31,582 shares of the company’s stock were exchanged, compared to its average volume of 9,020. The company has a debt-to-equity ratio of 4.11, a current ratio of 2.22 and a quick ratio of 1.88. Willis Lease Finance Co. has a 1 year low of $37.01 and a 1 year high of $58.98. The company’s fifty day simple moving average is $49.31 and its 200-day simple moving average is $47.67. The stock has a market capitalization of $401.51 million, a P/E ratio of 6.45 and a beta of 0.99.

Willis Lease Finance (NASDAQ:WLFC) last issued its earnings results on Wednesday, March 13th. The transportation company reported $1.53 earnings per share (EPS) for the quarter. Willis Lease Finance had a net margin of 13.45% and a return on equity of 14.03%. The firm had revenue of $114.28 million during the quarter.

Hedge Funds Weigh In On Willis Lease Finance

Several institutional investors and hedge funds have recently modified their holdings of the stock. Brown Advisory Inc. purchased a new position in Willis Lease Finance during the third quarter valued at approximately $212,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Willis Lease Finance in the 3rd quarter worth approximately $225,000. BNP Paribas Financial Markets grew its stake in shares of Willis Lease Finance by 14.0% during the 1st quarter. BNP Paribas Financial Markets now owns 4,887 shares of the transportation company’s stock worth $242,000 after purchasing an additional 599 shares during the period. Los Angeles Capital Management LLC purchased a new position in shares of Willis Lease Finance during the 3rd quarter valued at approximately $308,000. Finally, Empowered Funds LLC lifted its stake in shares of Willis Lease Finance by 7.7% in the 1st quarter. Empowered Funds LLC now owns 22,062 shares of the transportation company’s stock valued at $1,095,000 after purchasing an additional 1,575 shares during the period. Institutional investors and hedge funds own 93.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on WLFC shares. TheStreet lowered Willis Lease Finance from a “c-” rating to a “d” rating in a research note on Wednesday, March 13th. StockNews.com upgraded Willis Lease Finance from a “buy” rating to a “strong-buy” rating in a research note on Friday, March 22nd.

About Willis Lease Finance

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.