Blair William & Co. IL Sells 34,303 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Blair William & Co. IL lowered its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 15.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 189,215 shares of the company’s stock after selling 34,303 shares during the period. Blair William & Co. IL owned about 0.10% of WillScot Mobile Mini worth $6,329,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Van Berkom & Associates Inc. acquired a new position in shares of WillScot Mobile Mini during the fourth quarter worth $58,855,000. Douglas Lane & Associates LLC raised its position in WillScot Mobile Mini by 379.1% during the 4th quarter. Douglas Lane & Associates LLC now owns 997,693 shares of the company’s stock worth $33,373,000 after purchasing an additional 789,445 shares during the last quarter. Geneva Capital Management LLC bought a new stake in shares of WillScot Mobile Mini in the 4th quarter valued at about $23,194,000. William Blair Investment Management LLC increased its stake in shares of WillScot Mobile Mini by 13.6% in the fourth quarter. William Blair Investment Management LLC now owns 5,555,481 shares of the company’s stock valued at $185,831,000 after buying an additional 664,805 shares during the period. Finally, Point72 Asset Management L.P. bought a new position in shares of WillScot Mobile Mini during the third quarter worth about $20,773,000. Institutional investors and hedge funds own 95.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Robert W. Baird reduced their target price on WillScot Mobile Mini from $38.00 to $32.00 and set a “neutral” rating on the stock in a report on Monday, March 10th. Morgan Stanley raised shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $40.00 to $50.00 in a research note on Tuesday, December 17th. Finally, Oppenheimer lowered their target price on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an “outperform” rating for the company in a research note on Monday, March 10th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, WillScot Mobile Mini has an average rating of “Moderate Buy” and a consensus target price of $42.67.

WillScot Mobile Mini Stock Down 4.0 %

Shares of NASDAQ WSC opened at $28.15 on Monday. WillScot Mobile Mini Holdings Corp. has a 12-month low of $27.58 and a 12-month high of $45.55. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42. The firm has a market cap of $5.17 billion, a PE ratio of 187.68, a P/E/G ratio of 2.18 and a beta of 1.45. The company’s fifty day simple moving average is $34.05 and its 200 day simple moving average is $35.85.

WillScot Mobile Mini (NASDAQ:WSC) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. WillScot Mobile Mini had a net margin of 1.17% and a return on equity of 24.67%. The company had revenue of $602.52 million for the quarter, compared to analysts’ expectations of $606.55 million. As a group, sell-side analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.77 earnings per share for the current fiscal year.

WillScot Mobile Mini Announces Dividend

The company also recently disclosed a — dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Wednesday, March 5th. WillScot Mobile Mini’s dividend payout ratio is 186.67%.

Insider Activity

In other WillScot Mobile Mini news, COO Timothy D. Boswell purchased 5,000 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The shares were acquired at an average price of $29.14 per share, with a total value of $145,700.00. Following the transaction, the chief operating officer now owns 34,156 shares in the company, valued at $995,305.84. The trade was a 17.15 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Erik Olsson sold 110,307 shares of the business’s stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $30.19, for a total value of $3,330,168.33. Following the sale, the director now directly owns 626,306 shares of the company’s stock, valued at $18,908,178.14. This represents a 14.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 3.30% of the company’s stock.

About WillScot Mobile Mini

WillScot Holdings Corporation provides workspace and portable storage solutions in the United States, Canada, and Mexico. It operates in two segments, Modular Solutions and Storage Solutions. Its modular solutions include panelized and stackable offices, single-wide modular space units, section modulars and redi-plex, classrooms, ground level offices, blast-resistant modules, clearspan structures, and other modular space; and portable storage solutions, such as portable and cold storage containers, as well as trailers.