78,381 Shares in Willis Lease Finance Co. (NASDAQ:WLFC) Bought by Four Tree Island Advisory LLC

Four Tree Island Advisory LLC bought a new stake in Willis Lease Finance Co. (NASDAQ:WLFC) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 78,381 shares of the transportation company’s stock, valued at approximately $16,268,000. Willis Lease Finance accounts for approximately 11.2% of Four Tree Island Advisory LLC’s portfolio, making the stock its 5th biggest position. Four Tree Island Advisory LLC owned approximately 1.19% of Willis Lease Finance at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Geode Capital Management LLC increased its stake in shares of Willis Lease Finance by 2.9% in the 3rd quarter. Geode Capital Management LLC now owns 67,021 shares of the transportation company’s stock worth $9,975,000 after purchasing an additional 1,886 shares in the last quarter. State Street Corp increased its position in Willis Lease Finance by 7.6% in the third 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. Empowered Funds LLC raised its stake in shares of Willis Lease Finance by 4.9% in the fourth quarter. Empowered Funds LLC now owns 34,628 shares of the transportation company’s stock worth $7,187,000 after buying an additional 1,620 shares during the period. Pekin Hardy Strauss Inc. purchased a new position in shares of Willis Lease Finance during the 3rd quarter valued at about $4,136,000. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Willis Lease Finance by 173.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 22,990 shares of the transportation company’s stock valued at $3,421,000 after acquiring an additional 14,590 shares during the period. 93.70% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Willis Lease Finance news, Director Rae Ann Mckeating sold 500 shares of Willis Lease Finance stock in a transaction on Monday, November 18th. The shares were sold at an average price of $194.32, for a total value of $97,160.00. Following the sale, the director now directly owns 16,500 shares in the company, valued at approximately $3,206,280. The trade was a 2.94 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Scott B. Flaherty sold 5,000 shares of the business’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $200.19, for a total transaction of $1,000,950.00. Following the completion of the sale, the chief financial officer now owns 74,955 shares in the company, valued at approximately $15,005,241.45. The trade was a 6.25 % decrease in their position. The disclosure for this sale can be found here. 57.02% of the stock is currently owned by company insiders.

Willis Lease Finance Stock Down 0.9 %

WLFC opened at $199.79 on Monday. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 14.16 and a beta of 1.10. 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’s fifty day moving average is $204.19 and its 200 day moving average is $166.74. Willis Lease Finance Co. has a fifty-two week low of $46.70 and a fifty-two week high of $235.43.

Willis Lease Finance Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Wednesday, February 12th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.50%. The ex-dividend date is Wednesday, February 12th. Willis Lease Finance’s dividend payout ratio (DPR) is 7.09%.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Willis Lease Finance from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th.

About Willis Lease Finance

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.