Willis Lease Finance (NASDAQ:WLFC) Shares Pass Above Two Hundred Day Moving Average of $47.09

Willis Lease Finance Co. (NASDAQ:WLFC)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $47.09 and traded as high as $49.13. Willis Lease Finance shares last traded at $49.13, with a volume of 4,526 shares changing hands.

Analyst Upgrades and Downgrades

Several analysts have commented on WLFC shares. 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 research note on Wednesday, March 13th.

Willis Lease Finance Trading Down 0.2 %

The company has a 50 day simple moving average of $48.98 and a 200 day simple moving average of $47.11. The company has a current ratio of 2.22, a quick ratio of 1.88 and a debt-to-equity ratio of 4.11. The stock has a market capitalization of $347.27 million, a PE ratio of 7.87 and a beta of 1.01.

Willis Lease Finance (NASDAQ:WLFC) last released 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 return on equity of 10.34% and a net margin of 10.46%. The company had revenue of $114.28 million for the quarter.

Insiders Place Their Bets

In related news, CFO Scott B. Flaherty sold 2,200 shares of the company’s stock in a transaction that occurred on Tuesday, April 16th. The stock was sold at an average price of $50.43, for a total value of $110,946.00. Following the sale, the chief financial officer now owns 110,653 shares in the company, valued at approximately $5,580,230.79. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Willis Lease Finance news, Chairman Charles F. Iv Willis sold 732 shares of the stock in a transaction on Monday, January 29th. The stock was sold at an average price of $49.45, for a total transaction of $36,197.40. Following the sale, the chairman now owns 913,193 shares in the company, valued at approximately $45,157,393.85. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Scott B. Flaherty sold 2,200 shares of the stock in a transaction on Tuesday, April 16th. The shares were sold at an average price of $50.43, for a total value of $110,946.00. Following the sale, the chief financial officer now owns 110,653 shares in the company, valued at approximately $5,580,230.79. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 6,819 shares of company stock worth $338,332. Company insiders own 54.73% of the company’s stock.

Institutional Investors Weigh In On Willis Lease Finance

A number of large investors have recently bought and sold shares of WLFC. Los Angeles Capital Management LLC purchased a new position in shares of Willis Lease Finance during the 3rd quarter worth $308,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Willis Lease Finance during the 3rd quarter worth $225,000. Finally, Brown Advisory Inc. purchased a new position in shares of Willis Lease Finance during the 3rd quarter worth $212,000. 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.