Brian Richard Hole Sells 6,147 Shares of Willis Lease Finance Co. (NASDAQ:WLFC) Stock

Willis Lease Finance Co. (NASDAQ:WLFC) President Brian Richard Hole sold 6,147 shares of the firm’s stock in a transaction dated Thursday, June 27th. The shares were sold at an average price of $67.09, for a total transaction of $412,402.23. Following the completion of the sale, the president now owns 107,875 shares in the company, valued at $7,237,333.75. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Brian Richard Hole also recently made the following trade(s):

• On Monday, July 1st, Brian Richard Hole sold 293 shares of Willis Lease Finance stock. The stock was sold at an average price of $69.76, for a total transaction of $20,439.68.

Willis Lease Finance Stock Up 1.5 %

NASDAQ:WLFC opened at $70.07 on Wednesday. The company’s 50 day moving average is $61.54 and its two-hundred day moving average is $53.13. The company has a market cap of $460.36 million, a PE ratio of 8.07 and a beta of 1.05. Willis Lease Finance Co. has a twelve month low of $39.16 and a twelve month high of $70.92. The company has a current ratio of 1.41, a quick ratio of 0.91 and a debt-to-equity ratio of 3.76.

Willis Lease Finance (NASDAQ:WLFC) last announced its quarterly earnings data on Thursday, May 2nd. The transportation company reported $3.00 earnings per share for the quarter. The firm had revenue of $119.08 million for the quarter. Willis Lease Finance had a net margin of 13.45% and a return on equity of 13.77%.

Willis Lease Finance Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, June 7th. Stockholders of record on Thursday, May 30th were paid a $1.00 dividend. The ex-dividend date of this dividend was Thursday, May 30th.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on WLFC. StockNews.com raised Willis Lease Finance from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 22nd. TheStreet cut Willis Lease Finance from a “c-” rating to a “d” rating in a research note on Wednesday, March 13th.

Institutional Investors Weigh In On Willis Lease Finance

Institutional investors and hedge funds have recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Willis Lease Finance during the 3rd quarter worth approximately $225,000. Vanguard Group Inc. raised its holdings in shares of Willis Lease Finance by 0.8% during the first quarter. Vanguard Group Inc. now owns 104,869 shares of the transportation company’s stock worth $5,204,000 after purchasing an additional 865 shares during the last quarter. BNP Paribas Financial Markets lifted 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 valued at $242,000 after purchasing an additional 599 shares during the period. Hillsdale Investment Management Inc. purchased a new stake in Willis Lease Finance in the first quarter valued at $114,000. Finally, Empowered Funds LLC grew its position in Willis Lease Finance by 7.7% during the 1st quarter. Empowered Funds LLC now owns 22,062 shares of the transportation company’s stock worth $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.

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.