XTX Topco Ltd Buys New Holdings in Willis Lease Finance Co. (NASDAQ:WLFC)

XTX Topco Ltd purchased a new stake in Willis Lease Finance Co. (NASDAQ:WLFC) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,895 shares of the transportation company’s stock, valued at approximately $601,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Barclays PLC boosted its position in shares of Willis Lease Finance by 221.7% during the 3rd quarter. Barclays PLC now owns 3,738 shares of the transportation company’s stock valued at $556,000 after acquiring an additional 2,576 shares in the last quarter. Jane Street Group LLC acquired a new stake in Willis Lease Finance during the third quarter valued at approximately $531,000. Franklin Resources Inc. bought a new stake in shares of Willis Lease Finance in the 3rd quarter valued at approximately $283,000. State Street Corp raised its holdings in shares of Willis Lease Finance by 7.6% in the 3rd quarter. State Street Corp now owns 39,926 shares of the transportation company’s stock worth $5,941,000 after buying an additional 2,805 shares in the last quarter. Finally, Ritholtz Wealth Management lifted its position in shares of Willis Lease Finance by 32.5% during the 4th quarter. Ritholtz Wealth Management now owns 2,778 shares of the transportation company’s stock worth $577,000 after buying an additional 681 shares during the period. Institutional investors own 93.70% of the company’s stock.

Willis Lease Finance Stock Performance

Shares of NASDAQ:WLFC opened at $142.75 on Friday. The company has a debt-to-equity ratio of 3.84, a current ratio of 1.16 and a quick ratio of 0.76. The business’s fifty day moving average price is $169.85 and its two-hundred day moving average price is $187.87. Willis Lease Finance Co. has a fifty-two week low of $48.10 and a fifty-two week high of $235.43. The stock has a market capitalization of $943.01 million, a price-to-earnings ratio of 10.12 and a beta of 0.79.

Willis Lease Finance (NASDAQ:WLFC) last posted its earnings results on Monday, March 10th. The transportation company reported $2.81 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.92. Willis Lease Finance had a net margin of 18.56% and a return on equity of 20.62%. The business had revenue of $152.80 million for the quarter, compared to analyst estimates of $145.54 million.

Willis Lease Finance Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Wednesday, February 12th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.70%. The ex-dividend date was Wednesday, February 12th. Willis Lease Finance’s payout ratio is 6.50%.

Insider Activity

In related news, CEO Austin Chandler Willis sold 3,450 shares of the company’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $204.14, for a total transaction of $704,283.00. Following the transaction, the chief executive officer now owns 158,034 shares in the company, valued at $32,261,060.76. This represents a 2.14 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Scott B. Flaherty sold 1,539 shares of the firm’s stock in a transaction dated Wednesday, March 26th. The shares were sold at an average price of $170.90, for a total transaction of $263,015.10. Following the completion of the sale, the executive vice president now owns 69,296 shares of the company’s stock, valued at $11,842,686.40. The trade was a 2.17 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 13,465 shares of company stock worth $2,439,074. Insiders own 57.02% 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.