Willis Lease Finance (WLFC) Sets New 1-Year High at $51.33

Willis Lease Finance Co. (NASDAQ:WLFC)’s share price hit a new 52-week high on Monday . The stock traded as high as $51.33 and last traded at $50.89, with a volume of 8680 shares changing hands. The stock had previously closed at $49.92.

Separately, BidaskClub lowered shares of Willis Lease Finance from a “buy” rating to a “hold” rating in a report on Saturday, March 9th.

The firm has a market cap of $317.13 million, a price-to-earnings ratio of 7.52 and a beta of 0.59. The company has a debt-to-equity ratio of 4.66, a quick ratio of 1.38 and a current ratio of 2.02.

Willis Lease Finance (NASDAQ:WLFC) last posted its earnings results on Wednesday, March 13th. The transportation company reported $2.91 earnings per share for the quarter. Willis Lease Finance had a net margin of 12.93% and a return on equity of 16.02%. The company had revenue of $118.19 million for the quarter.

Several institutional investors and hedge funds have recently bought and sold shares of WLFC. Teachers Advisors LLC acquired a new stake in shares of Willis Lease Finance in the 3rd quarter worth about $211,000. Vanguard Group Inc. grew its position in Willis Lease Finance by 1.9% in the 3rd 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 in the last quarter. Vanguard Group Inc grew its position in Willis Lease Finance by 1.9% in the 3rd 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 in the last quarter. BlackRock Inc. grew its position in Willis Lease Finance by 2.6% in the 4th 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 in the last quarter. Finally, Bank of New York Mellon Corp grew its position in Willis Lease Finance by 21.1% in the 4th 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 in the last quarter. Institutional investors own 35.91% of the company’s stock.

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Willis Lease Finance Company Profile (NASDAQ:WLFC)

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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