Bank of New York Mellon Corp Raises Position in Willis Lease Finance Corporation (NASDAQ:WLFC)

Bank of New York Mellon Corp boosted its position in Willis Lease Finance Corporation (NASDAQ:WLFC) by 8.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 53,669 shares of the transportation company’s stock after acquiring an additional 4,370 shares during the period. Bank of New York Mellon Corp owned 0.83% of Willis Lease Finance worth $1,320,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in shares of Willis Lease Finance by 0.4% during the second quarter. Vanguard Group Inc. now owns 214,409 shares of the transportation company’s stock worth $5,731,000 after purchasing an additional 924 shares during the period. LSV Asset Management grew its holdings in shares of Willis Lease Finance by 15.5% during the second quarter. LSV Asset Management now owns 55,382 shares of the transportation company’s stock worth $1,480,000 after buying an additional 7,451 shares in the last quarter. State Street Corp grew its holdings in shares of Willis Lease Finance by 11.7% during the second quarter. State Street Corp now owns 54,017 shares of the transportation company’s stock worth $1,446,000 after buying an additional 5,668 shares in the last quarter. California Public Employees Retirement System grew its holdings in shares of Willis Lease Finance by 14.6% during the second quarter. California Public Employees Retirement System now owns 35,400 shares of the transportation company’s stock worth $946,000 after buying an additional 4,500 shares in the last quarter. Finally, Menta Capital LLC grew its holdings in shares of Willis Lease Finance by 4.6% during the second quarter. Menta Capital LLC now owns 24,814 shares of the transportation company’s stock worth $663,000 after buying an additional 1,081 shares in the last quarter. 36.06% of the stock is currently owned by hedge funds and other institutional investors.

In other news, CEO Charles F. Iv Willis sold 1,400 shares of the business’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $24.73, for a total transaction of $34,622.00. Following the completion of the transaction, the chief executive officer now owns 656,573 shares of the company’s stock, valued at approximately $16,237,050.29. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Charles F. Iv Willis sold 6,042 shares of the business’s stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $23.83, for a total value of $143,980.86. Following the transaction, the chief executive officer now directly owns 625,045 shares of the company’s stock, valued at approximately $14,894,822.35. The disclosure for this sale can be found here. Insiders have sold a total of 34,103 shares of company stock valued at $842,304 over the last quarter. 47.53% of the stock is currently owned by corporate insiders.

Willis Lease Finance Corporation (NASDAQ WLFC) traded down $0.29 during trading hours on Friday, hitting $27.23. The company had a trading volume of 7,351 shares, compared to its average volume of 11,924. The company has a market capitalization of $175.29, a P/E ratio of 8.19 and a beta of 0.70. Willis Lease Finance Corporation has a fifty-two week low of $21.10 and a fifty-two week high of $27.60.

Willis Lease Finance (NASDAQ:WLFC) last posted its quarterly earnings results on Tuesday, November 7th. The transportation company reported $1.53 earnings per share for the quarter. Willis Lease Finance had a return on equity of 18.85% and a net margin of 8.29%. The firm had revenue of $65.86 million during the quarter.

TRADEMARK VIOLATION WARNING: “Bank of New York Mellon Corp Raises Position in Willis Lease Finance Corporation (NASDAQ:WLFC)” was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this piece on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright law. The original version of this piece can be read at https://www.dispatchtribunal.com/2018/02/02/bank-of-new-york-mellon-corp-buys-4370-shares-of-willis-lease-finance-corporation-wlfc.html.

Willis Lease Finance Profile

Willis Lease Finance Corporation along with its subsidiaries is a lessor of commercial aircraft engines. The Company operates through two business segments, such as Leasing and Related Operations, and Spare Parts Sales. The Leasing and Related Operations segment involves acquiring and leasing, primarily pursuant to operating leases, commercial aircraft, aircraft engines and other aircraft equipment, and the selective purchase and resale of commercial aircraft engines and other aircraft equipment.

Institutional Ownership by Quarter for Willis Lease Finance (NASDAQ:WLFC)

Receive News & Ratings for Willis Lease Finance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willis Lease Finance and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply