Willis Lease Finance (NASDAQ:WLFC) Shares Cross Above 200 Day Moving Average – Time to Sell?

Shares of Willis Lease Finance Co. (NASDAQ:WLFC) 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.

Wall Street Analysts Forecast Growth

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

Willis Lease Finance Stock Down 5.5 %

The company has a fifty day moving average price of $201.88 and a 200-day moving average price of $137.62. The company has a debt-to-equity ratio of 3.84, a quick ratio of 0.76 and a current ratio of 1.16. The firm has a market capitalization of $1.33 billion, a PE ratio of 14.32 and a beta of 1.09.

Willis Lease Finance Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Tuesday, November 12th were given a dividend of $0.25 per share. The ex-dividend date was Tuesday, November 12th. This represents a $1.00 annualized dividend and a yield of 0.50%. Willis Lease Finance’s dividend payout ratio (DPR) is currently 7.09%.

Insider Transactions at Willis Lease Finance

In related news, Director Rae Ann Mckeating sold 500 shares of the firm’s stock in a transaction on Monday, November 18th. The stock was 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 directly owns 16,500 shares in the company, valued at $3,206,280. This trade represents a 2.94 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Brian Richard Hole sold 20,000 shares of the business’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $203.31, for a total transaction of $4,066,200.00. Following the transaction, the president now owns 81,164 shares in the company, valued at $16,501,452.84. This trade represents a 19.77 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,500 shares of company stock worth $5,164,310 in the last three months. Insiders own 57.02% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Bank of New York Mellon Corp raised its holdings in shares of Willis Lease Finance by 6.4% in the second quarter. Bank of New York Mellon Corp now owns 19,732 shares of the transportation company’s stock worth $1,367,000 after buying an additional 1,187 shares during the period. Rhumbline Advisers increased its stake in Willis Lease Finance by 4.0% in the second quarter. Rhumbline Advisers now owns 6,691 shares of the transportation company’s stock worth $464,000 after purchasing an additional 259 shares during the period. ProShare Advisors LLC bought a new stake in shares of Willis Lease Finance during the second quarter worth $27,000. SG Americas Securities LLC purchased a new stake in shares of Willis Lease Finance during the third quarter valued at $146,000. Finally, Ritholtz Wealth Management bought a new position in shares of Willis Lease Finance in the third quarter worth about $312,000. 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.