Willis Lease Finance (NASDAQ:WLFC) Stock Crosses Above 200-Day Moving Average – What’s Next?

Willis Lease Finance Co. (NASDAQ:WLFC) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $136.65 and traded as high as $212.12. Willis Lease Finance shares last traded at $201.99, with a volume of 34,838 shares traded.

Analyst Ratings Changes

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

Willis Lease Finance Stock Down 5.5 %

The business has a 50 day moving average of $201.88 and a two-hundred day moving average of $137.62. The stock has a market capitalization of $1.33 billion, a PE ratio of 14.32 and a beta of 1.09. The company has a debt-to-equity ratio of 3.84, a quick ratio of 0.76 and a current ratio of 1.16.

Willis Lease Finance Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Tuesday, November 12th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.50%. The ex-dividend date was Tuesday, November 12th. Willis Lease Finance’s dividend payout ratio is currently 7.09%.

Insider Transactions at Willis Lease Finance

In related news, CFO Scott B. Flaherty sold 5,000 shares of the business’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $200.19, for a total transaction of $1,000,950.00. Following the transaction, the chief financial officer now directly owns 74,955 shares in the company, valued at $15,005,241.45. The trade was a 6.25 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Rae Ann Mckeating sold 500 shares of the stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $194.32, for a total value of $97,160.00. Following the completion of the sale, the director now owns 16,500 shares of the company’s stock, valued at approximately $3,206,280. This trade represents a 2.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,500 shares of company stock valued at $5,164,310 in the last 90 days. Insiders own 57.02% of the company’s stock.

Institutional Trading of Willis Lease Finance

Several large investors have recently bought and sold shares of WLFC. ProShare Advisors LLC acquired a new stake in shares of Willis Lease Finance during the second quarter worth $27,000. SG Americas Securities LLC acquired a new stake in Willis Lease Finance during the 3rd quarter worth about $146,000. Franklin Resources Inc. purchased a new stake in Willis Lease Finance during the 3rd quarter valued at about $283,000. Ritholtz Wealth Management acquired a new position in shares of Willis Lease Finance in the third quarter valued at about $312,000. Finally, Navellier & Associates Inc. purchased a new position in shares of Willis Lease Finance in the third quarter worth about $525,000. Hedge funds and other institutional investors own 93.70% 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.