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 the business’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $56.47, for a total value of $287,884.06. Following the sale, the chief financial officer now directly owns 98,519 shares in the company, valued at approximately $5,563,367.93. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Willis Lease Finance Stock Performance

Shares of WLFC opened at $59.48 on Thursday. The company has a quick ratio of 1.88, a current ratio of 1.41 and a debt-to-equity ratio of 3.76. Willis Lease Finance Co. has a 12 month low of $37.01 and a 12 month high of $59.80. The company’s fifty day moving average is $49.72 and its 200-day moving average is $47.87. The firm has a market cap of $390.96 million, a price-to-earnings ratio of 6.85 and a beta of 0.99.

Willis Lease Finance (NASDAQ:WLFC) last announced its quarterly earnings results on Wednesday, March 13th. The transportation company reported $1.53 earnings per share for the quarter. The company had revenue of $114.28 million during the quarter. Willis Lease Finance had a return on equity of 13.77% and a net margin of 13.45%.

Hedge Funds Weigh In On Willis Lease Finance

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets boosted its holdings 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 buying an additional 599 shares during the period. Brown Advisory Inc. bought a new stake in Willis Lease Finance during the third quarter valued at about $212,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Willis Lease Finance in the third quarter valued at about $225,000. Los Angeles Capital Management LLC bought a new position in shares of Willis Lease Finance in the third quarter worth about $308,000. Finally, Empowered Funds LLC lifted its position in shares of 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 last quarter. Institutional investors and hedge funds own 93.70% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. StockNews.com raised Willis Lease Finance from a “buy” rating to a “strong-buy” rating in a research note on Friday, March 22nd. TheStreet downgraded Willis Lease Finance from a “c-” rating to a “d” rating in a report on Wednesday, March 13th.

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.