Rutabaga Capital Managementma Lowers stake in Willis Lease Finance Corporation (WLFC)

Willis Lease Finance Corporation (WLFC) : Rutabaga Capital Managementma reduced its stake in Willis Lease Finance Corporation by 40.48% during the most recent quarter end. The investment management company now holds a total of 299,307 shares of Willis Lease Finance Corporation which is valued at $7,994,490 after selling 203,558 shares in Willis Lease Finance Corporation , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.Willis Lease Finance Corporation makes up approximately 1.38% of Rutabaga Capital Managementma’s portfolio.

Other Hedge Funds, Including , California State Teachers Retirement System added WLFC to its portfolio by purchasing 8,941 company shares during the most recent quarter which is valued at $238,814. Strs Ohio added WLFC to its portfolio by purchasing 7,900 company shares during the most recent quarter which is valued at $206,664.Acadian Asset Management boosted its stake in WLFC in the latest quarter, The investment management firm added 26,715 additional shares and now holds a total of 56,391 shares of Willis Lease Finance Corporation which is valued at $1,483,647. Willis Lease Finance Corporation makes up approx 0.01% of Acadian Asset Management’s portfolio. Bnp Paribas Arbitrage Sa added WLFC to its portfolio by purchasing 169 company shares during the most recent quarter which is valued at $4,195.

Willis Lease Finance Corporation opened for trading at $26.61 and hit $26.85 on the upside on Monday, eventually ending the session at $26.84, with a gain of 0.83% or 0.22 points. The heightened volatility saw the trading volume jump to 6,840 shares. Company has a market cap of $196 M.

Willis Lease Finance Corporation with its subsidiaries is a lessor of commercial aircraft engines. The Company operates in two business segments: Equipment Leasing which involves acquiring and leasing primarily pursuant to operating leases commercial aircraft aircraft engines and other aircraft equipment and the selective purchase and resale of commercial aircraft engines and other aircraft equipment and Spare Parts Sales which involves the purchase and resale of after-market engine and airframe parts whole engines engine modules and portable aircraft components and leasing of engines destined for disassembly and sale of parts. As of December 31 2014 its lease portfolio consisted of 207 engines and related equipment five aircraft and five spare engine parts packages with77 lessees in 39 countries. As of December 31 2014 it also managed 41 engines and related equipment on behalf of other parties.

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