XTX Topco Ltd Makes New Investment in Willis Lease Finance Co. (NASDAQ:WLFC)

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

Several other hedge funds also recently modified their holdings of the business. Four Tree Island Advisory LLC bought a new position in Willis Lease Finance in the fourth quarter valued at approximately $16,268,000. Vanguard Group Inc. lifted its stake in shares of Willis Lease Finance by 15.5% in the 4th quarter. Vanguard Group Inc. now owns 142,100 shares of the transportation company’s stock valued at $29,493,000 after purchasing an additional 19,078 shares during the period. Knights of Columbus Asset Advisors LLC bought a new position in shares of Willis Lease Finance in the 4th quarter worth $1,819,000. Swiss National Bank acquired a new stake in shares of Willis Lease Finance during the fourth quarter worth $1,204,000. Finally, Jane Street Group LLC bought a new stake in Willis Lease Finance in the third quarter valued at about $531,000. Institutional investors own 93.70% of the company’s stock.

Willis Lease Finance Trading Up 2.2 %

NASDAQ:WLFC opened at $142.75 on Friday. The firm 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 Co. has a 1-year low of $48.10 and a 1-year high of $235.43. The business’s 50-day moving average price is $169.85 and its two-hundred day moving average price is $187.87. The company has a current ratio of 1.16, a quick ratio of 0.76 and a debt-to-equity ratio of 3.84.

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

Willis Lease Finance Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Wednesday, February 12th were issued a $0.25 dividend. 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 dividend payout ratio (DPR) is 6.50%.

Insider Activity at Willis Lease Finance

In related news, EVP Scott B. Flaherty sold 5,026 shares of the stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $184.50, for a total transaction of $927,297.00. Following the completion of the sale, the executive vice president now directly owns 79,270 shares of the company’s stock, valued at approximately $14,625,315. This represents a 5.96 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Austin Chandler Willis sold 3,450 shares of Willis Lease Finance stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $157.82, for a total transaction of $544,479.00. Following the completion of the transaction, the chief executive officer now directly owns 206,644 shares in the company, valued at approximately $32,612,556.08. The trade was a 1.64 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,465 shares of company stock worth $2,439,074 in the last quarter. Corporate insiders own 57.02% of the company’s stock.

Willis Lease Finance 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.