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 firm’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $203.31, for a total transaction of $4,066,200.00. Following the sale, the president now directly owns 81,164 shares in the company, valued at $16,501,452.84. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

Willis Lease Finance Stock Down 2.0 %

Shares of NASDAQ:WLFC opened at $204.11 on Wednesday. The company has a current ratio of 1.16, a quick ratio of 1.28 and a debt-to-equity ratio of 3.84. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 14.47 and a beta of 1.06. The stock’s 50-day moving average price is $159.22 and its two-hundred day moving average price is $105.10. Willis Lease Finance Co. has a 12-month low of $43.64 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. Investors of record on Tuesday, November 12th will be given a $0.25 dividend. The ex-dividend date is Tuesday, November 12th. This represents a $1.00 annualized dividend and a dividend yield of 0.49%. Willis Lease Finance’s dividend payout ratio is presently 7.09%.

Hedge Funds Weigh In On Willis Lease Finance

Institutional investors and hedge funds have recently bought and sold shares of the stock. ProShare Advisors LLC acquired a new position in shares of Willis Lease Finance in the 2nd quarter valued at $27,000. Innealta Capital LLC purchased a new stake in Willis Lease Finance during the second quarter valued at about $44,000. Nisa Investment Advisors LLC acquired a new stake in Willis Lease Finance during the second quarter worth about $69,000. Hillsdale Investment Management Inc. purchased a new position in shares of Willis Lease Finance in the 1st quarter worth about $114,000. Finally, SG Americas Securities LLC acquired a new position in shares of Willis Lease Finance in the 3rd quarter valued at about $146,000. Institutional investors and hedge funds own 93.70% of the company’s stock.

Wall Street Analyst Weigh In

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

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.