Willis Lease Finance (WLFC) Upgraded to Buy at BidaskClub

BidaskClub upgraded shares of Willis Lease Finance (NASDAQ:WLFC) from a hold rating to a buy rating in a research note released on Tuesday, BidAskClub reports.

Separately, ValuEngine lowered Willis Lease Finance from a hold rating to a sell rating in a research report on Monday, December 17th.

NASDAQ WLFC opened at $45.45 on Tuesday. The company has a market capitalization of $257.74 million, a price-to-earnings ratio of 6.70 and a beta of 0.53. Willis Lease Finance has a fifty-two week low of $30.81 and a fifty-two week high of $45.29. The company has a debt-to-equity ratio of 4.66, a current ratio of 2.02 and a quick ratio of 1.38.

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

Several institutional investors and hedge funds have recently made changes to their positions in WLFC. Renaissance Technologies LLC raised its position in shares of Willis Lease Finance by 0.5% in the 3rd quarter. Renaissance Technologies LLC now owns 524,400 shares of the transportation company’s stock valued at $18,097,000 after purchasing an additional 2,500 shares in the last quarter. Teachers Advisors LLC acquired a new position in shares of Willis Lease Finance in the 3rd quarter valued at approximately $211,000. Vanguard Group Inc. raised its position in shares of Willis Lease Finance by 1.9% in the 3rd quarter. Vanguard Group Inc. now owns 207,800 shares of the transportation company’s stock valued at $7,172,000 after purchasing an additional 3,844 shares in the last quarter. Vanguard Group Inc raised its position in shares of Willis Lease Finance by 1.9% in the 3rd quarter. Vanguard Group Inc now owns 207,800 shares of the transportation company’s stock valued at $7,172,000 after purchasing an additional 3,844 shares in the last quarter. Finally, BlackRock Inc. raised its position in shares of Willis Lease Finance by 2.6% in the 4th quarter. BlackRock Inc. now owns 185,660 shares of the transportation company’s stock valued at $6,424,000 after purchasing an additional 4,697 shares in the last quarter. 39.37% of the stock is currently owned by institutional investors.

Willis Lease Finance Company Profile

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.

Further Reading: What is a Call Option?

Receive News & Ratings for Willis Lease Finance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willis Lease Finance and related companies with MarketBeat.com's FREE daily email newsletter.