Willis Lease Finance (WLFC) Reaches New 1-Year High at $40.25

Shares of Willis Lease Finance Co. (NASDAQ:WLFC) hit a new 52-week high on Monday . The company traded as high as $40.25 and last traded at $40.19, with a volume of 118 shares traded. The stock had previously closed at $39.95.

Separately, ValuEngine raised shares of Willis Lease Finance from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd.

The company has a current ratio of 2.45, a quick ratio of 2.14 and a debt-to-equity ratio of 5.14. The firm has a market capitalization of $248.05 million, a price-to-earnings ratio of 11.58 and a beta of 0.51.

In other news, SVP Austin Chandler Willis sold 2,347 shares of the company’s stock in a transaction that occurred on Wednesday, December 12th. The shares were sold at an average price of $35.12, for a total transaction of $82,426.64. Following the completion of the sale, the senior vice president now owns 101,689 shares of the company’s stock, valued at approximately $3,571,317.68. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last ninety days, insiders have sold 3,376 shares of company stock valued at $119,585. 51.89% of the stock is currently owned by insiders.

A number of large investors have recently modified their holdings of the stock. Renaissance Technologies LLC lifted its stake in Willis Lease Finance by 0.5% in the 3rd quarter. Renaissance Technologies LLC now owns 524,400 shares of the transportation company’s stock valued at $18,097,000 after purchasing an additional 2,500 shares during the last quarter. Bank of America Corp DE lifted its stake in Willis Lease Finance by 118.5% in the 2nd quarter. Bank of America Corp DE now owns 6,812 shares of the transportation company’s stock valued at $215,000 after purchasing an additional 3,694 shares during the last quarter. Vanguard Group Inc. lifted its stake in Willis Lease Finance by 1.9% in the 3rd quarter. Vanguard Group Inc. now owns 207,800 shares of the transportation company’s stock valued at $7,172,000 after purchasing an additional 3,844 shares during the last quarter. Vanguard Group Inc lifted its stake in Willis Lease Finance by 1.9% in the 3rd quarter. Vanguard Group Inc now owns 207,800 shares of the transportation company’s stock valued at $7,172,000 after purchasing an additional 3,844 shares during the last quarter. Finally, BlackRock Inc. lifted its stake in Willis Lease Finance by 2.6% in the 4th quarter. BlackRock Inc. now owns 185,660 shares of the transportation company’s stock valued at $6,424,000 after purchasing an additional 4,697 shares during the last quarter. 36.75% of the stock is owned by institutional investors and hedge funds.

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Willis Lease Finance Company Profile (NASDAQ:WLFC)

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.

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