Willis Lease Finance Co. (WLFC) Director Robert T. Morris Sells 500 Shares

Willis Lease Finance Co. (NASDAQ:WLFC) Director Robert T. Morris sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, May 23rd. The stock was sold at an average price of $32.05, for a total transaction of $16,025.00. Following the sale, the director now directly owns 7,320 shares in the company, valued at $234,606. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

WLFC traded down $0.02 during trading on Friday, reaching $31.87. 98 shares of the company’s stock were exchanged, compared to its average volume of 23,131. Willis Lease Finance Co. has a one year low of $22.51 and a one year high of $36.70. The company has a debt-to-equity ratio of 4.60, a current ratio of 1.12 and a quick ratio of 0.79. The firm has a market capitalization of $204.62 million, a price-to-earnings ratio of 9.44 and a beta of 0.50.

Willis Lease Finance (NASDAQ:WLFC) last issued its quarterly earnings results on Tuesday, March 13th. The transportation company reported ($0.28) earnings per share (EPS) for the quarter. The firm had revenue of $63.19 million during the quarter. Willis Lease Finance had a return on equity of 9.98% and a net margin of 23.42%.

Separately, ValuEngine raised shares of Willis Lease Finance from a “hold” rating to a “buy” rating in a report on Thursday, March 22nd.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Renaissance Technologies LLC lifted its position in shares of Willis Lease Finance by 4.9% in the 4th quarter. Renaissance Technologies LLC now owns 476,500 shares of the transportation company’s stock worth $11,898,000 after purchasing an additional 22,400 shares during the period. M3F Inc. lifted its position in shares of Willis Lease Finance by 179.0% in the 4th quarter. M3F Inc. now owns 181,471 shares of the transportation company’s stock worth $4,531,000 after purchasing an additional 116,417 shares during the period. Tredje AP fonden lifted its position in shares of Willis Lease Finance by 19.4% in the 1st quarter. Tredje AP fonden now owns 46,742 shares of the transportation company’s stock worth $7,142,000 after purchasing an additional 7,590 shares during the period. Deutsche Bank AG lifted its position in shares of Willis Lease Finance by 307.1% in the 4th quarter. Deutsche Bank AG now owns 22,934 shares of the transportation company’s stock worth $570,000 after purchasing an additional 17,300 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in shares of Willis Lease Finance by 109.2% in the 1st quarter. JPMorgan Chase & Co. now owns 8,454 shares of the transportation company’s stock worth $290,000 after purchasing an additional 4,413 shares during the period. Hedge funds and other institutional investors own 35.54% of the company’s stock.

Willis Lease Finance Company Profile

Willis Lease Finance Corporation, together with its subsidiaries, leases large and regional spare commercial aircraft engines, auxiliary power units, and aircraft worldwide. The company operates through two segments, Leasing and Related Operations, and Spare Parts Sales. It also purchases and resells commercial aircraft engines; and sells aircraft engine parts and materials.

Insider Buying and Selling 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