Willis Lease Finance Co. (NASDAQ:WLFC) Director Robert T. Morris sold 1,100 shares of the company’s stock in a transaction that occurred on Tuesday, May 14th. The stock was sold at an average price of $55.13, for a total value of $60,643.00. Following the transaction, the director now directly owns 5,588 shares in the company, valued at $308,066.44. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Shares of Willis Lease Finance stock opened at $55.49 on Wednesday. The company has a market capitalization of $321.90 million, a PE ratio of 6.09 and a beta of 0.59. Willis Lease Finance Co. has a 52 week low of $30.81 and a 52 week high of $55.85. The company has a debt-to-equity ratio of 4.22, a current ratio of 2.56 and a quick ratio of 1.38.

Willis Lease Finance (NASDAQ:WLFC) last issued its quarterly earnings data on Wednesday, March 13th. The transportation company reported $2.91 EPS for the quarter. The firm had revenue of $118.19 million during the quarter. Willis Lease Finance had a return on equity of 20.18% and a net margin of 15.24%.

Separately, BidaskClub downgraded Willis Lease Finance from a “buy” rating to a “hold” rating in a research note on Saturday, March 9th.

Several institutional investors have recently modified their holdings of the company. Vanguard Group Inc raised its stake in shares of Willis Lease Finance by 1.9% in the third quarter. Vanguard Group Inc now owns 207,800 shares of the transportation company’s stock worth $7,172,000 after purchasing an additional 3,844 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Willis Lease Finance by 1.9% in the third quarter. Vanguard Group Inc. now owns 207,800 shares of the transportation company’s stock worth $7,172,000 after purchasing an additional 3,844 shares during the last quarter. BlackRock Inc. raised its stake in shares of Willis Lease Finance by 2.6% in the fourth quarter. BlackRock Inc. now owns 185,660 shares of the transportation company’s stock worth $6,424,000 after purchasing an additional 4,697 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Willis Lease Finance by 21.1% in the fourth quarter. Bank of New York Mellon Corp now owns 47,746 shares of the transportation company’s stock worth $1,652,000 after purchasing an additional 8,307 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Willis Lease Finance by 3.4% in the fourth quarter. Geode Capital Management LLC now owns 38,547 shares of the transportation company’s stock worth $1,333,000 after purchasing an additional 1,284 shares during the last quarter. 35.81% of the stock is owned by hedge funds and other institutional investors.

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About Willis Lease Finance

Willis Lease Finance Corporation, together with its subsidiaries, leases and services commercial aircraft and aircraft engines 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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