Willis Lease Finance Co. (NASDAQ:WLFC) President Brian Richard Hole Sells 20,000 Shares

Willis Lease Finance Co. (NASDAQ:WLFC) President Brian Richard Hole sold 20,000 shares of the company’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $203.31, for a total value of $4,066,200.00. Following the completion of the transaction, the president now owns 81,164 shares in the company, valued at $16,501,452.84. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Brian Richard Hole also recently made the following trade(s):

• On Friday, August 30th, Brian Richard Hole sold 1,187 shares of Willis Lease Finance stock. The shares were sold at an average price of $106.17, for a total value of $126,023.79.
• On Wednesday, August 28th, Brian Richard Hole sold 1,314 shares of Willis Lease Finance stock. The shares were sold at an average price of $105.84, for a total value of $139,073.76.

Willis Lease Finance Stock Down 2.1 %

Shares of Willis Lease Finance stock opened at $199.88 on Thursday. The stock has a market capitalization of $1.32 billion, a P/E ratio of 14.17 and a beta of 1.06. The company has a quick ratio of 0.76, a current ratio of 1.16 and a debt-to-equity ratio of 3.84. The stock has a 50 day moving average price of $161.15 and a two-hundred day moving average price of $105.76. Willis Lease Finance Co. has a 12-month low of $43.73 and a 12-month high of $235.43.

Willis Lease Finance Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 21st. Shareholders of record on Tuesday, November 12th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $1.00 dividend on an annualized basis and a yield of 0.50%. Willis Lease Finance’s payout ratio is currently 7.09%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Willis Lease Finance from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th.

Institutional Investors Weigh In On Willis Lease Finance

A number of large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in Willis Lease Finance by 0.8% during the first quarter. Vanguard Group Inc. now owns 104,869 shares of the transportation company’s stock worth $5,204,000 after purchasing an additional 865 shares during the period. Empowered Funds LLC grew its stake in shares of Willis Lease Finance by 39.4% in the third quarter. Empowered Funds LLC now owns 33,008 shares of the transportation company’s stock worth $4,912,000 after acquiring an additional 9,326 shares during the last quarter. Pekin Hardy Strauss Inc. bought a new position in Willis Lease Finance in the third quarter worth $4,136,000. Charles Schwab Investment Management Inc. lifted its position in Willis Lease Finance by 173.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 22,990 shares of the transportation company’s stock worth $3,421,000 after purchasing an additional 14,590 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in Willis Lease Finance by 6.4% in the second quarter. Bank of New York Mellon Corp now owns 19,732 shares of the transportation company’s stock worth $1,367,000 after purchasing an additional 1,187 shares during the period. Institutional investors own 93.70% of the company’s stock.

About Willis Lease Finance

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.