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 crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. StockNews.com upgraded Willis Lease Finance from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 22nd. TheStreet lowered Willis Lease Finance from a “c-” rating to a “d” rating in a research report on Wednesday, March 13th.

Willis Lease Finance Trading Down 0.2 %

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

Willis Lease Finance (NASDAQ:WLFC) last announced its quarterly earnings results on Wednesday, March 13th. The transportation company reported $1.53 EPS for the quarter. Willis Lease Finance had a net margin of 10.46% and a return on equity of 10.34%. The firm had revenue of $114.28 million during the quarter.

Insider Activity at Willis Lease Finance

In related news, Chairman Charles F. Iv Willis sold 732 shares of the stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $49.45, for a total value of $36,197.40. Following the completion of the transaction, the chairman now owns 913,193 shares of the company’s stock, valued at approximately $45,157,393.85. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Willis Lease Finance news, CFO Scott B. Flaherty sold 2,200 shares of the firm’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 owns 110,653 shares of the company’s stock, valued at $5,580,230.79. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Chairman Charles F. Iv Willis sold 732 shares of the firm’s stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $49.45, for a total transaction of $36,197.40. Following the completion of the sale, the chairman now directly owns 913,193 shares of the company’s stock, valued at approximately $45,157,393.85. The disclosure for this sale can be found here. In the last quarter, insiders sold 6,819 shares of company stock valued at $338,332. Insiders own 54.73% of the company’s stock.

Institutional Trading of Willis Lease Finance

Several institutional investors have recently added to or reduced their stakes in the company. Brown Advisory Inc. bought a new stake in shares of Willis Lease Finance during the third quarter valued at approximately $212,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Willis Lease Finance during the third quarter valued at approximately $225,000. Finally, Los Angeles Capital Management LLC bought a new stake in shares of Willis Lease Finance during the third quarter valued at approximately $308,000. 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.