Tower Research Capital LLC TRC Has $28,000 Position in Willis Lease Finance Co. (NASDAQ:WLFC)

Tower Research Capital LLC TRC trimmed its stake in Willis Lease Finance Co. (NASDAQ:WLFC) by 67.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 582 shares of the transportation company’s stock after selling 1,179 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Willis Lease Finance were worth $28,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Los Angeles Capital Management LLC bought a new position in shares of Willis Lease Finance during the 3rd quarter worth about $308,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in Willis Lease Finance in the third quarter worth approximately $225,000. Finally, Brown Advisory Inc. acquired a new stake in Willis Lease Finance in the third quarter valued at approximately $212,000. 93.70% of the stock is owned by institutional investors.

Willis Lease Finance Stock Up 7.1 %

NASDAQ WLFC traded up $3.69 during trading hours on Friday, hitting $55.99. The company’s stock had a trading volume of 26,835 shares, compared to its average volume of 7,184. The company has a market capitalization of $396.41 million, a PE ratio of 6.45 and a beta of 0.99. The company has a current ratio of 2.22, a quick ratio of 1.88 and a debt-to-equity ratio of 4.11. Willis Lease Finance Co. has a 52 week low of $37.01 and a 52 week high of $55.99. The company’s 50-day simple moving average is $49.16 and its two-hundred day simple moving average is $47.47.

Willis Lease Finance (NASDAQ:WLFC) last posted its earnings results on Wednesday, March 13th. The transportation company reported $1.53 earnings per share for the quarter. Willis Lease Finance had a return on equity of 14.03% and a net margin of 13.45%. The company had revenue of $114.28 million for the quarter.

Analysts Set New Price Targets

A number of brokerages have recently weighed in 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 downgraded shares of Willis Lease Finance from a “c-” rating to a “d” rating in a report on Wednesday, March 13th.

Insider Buying and Selling at Willis Lease Finance

In other Willis Lease Finance news, CFO Scott B. Flaherty sold 2,200 shares of the company’s stock in a transaction dated Tuesday, April 16th. The shares were sold at an average price of $50.43, for a total value of $110,946.00. Following the completion of the sale, the chief financial officer now directly owns 110,653 shares of the company’s stock, valued at approximately $5,580,230.79. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CFO Scott B. Flaherty sold 2,200 shares of Willis Lease Finance stock in a transaction on Tuesday, April 16th. The stock was sold at an average price of $50.43, for a total transaction of $110,946.00. Following the sale, the chief financial officer now directly owns 110,653 shares in the company, valued at $5,580,230.79. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Hans Jorg Hunziker sold 789 shares of the firm’s stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $49.32, for a total value of $38,913.48. Following the sale, the insider now directly owns 24,205 shares of the company’s stock, valued at $1,193,790.60. The disclosure for this sale can be found here. In the last three months, insiders have sold 5,099 shares of company stock worth $253,717. Corporate insiders own 57.02% 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.