Douglass Winthrop Advisors LLC grew its position in WillScot Holdings Corporation (NASDAQ:WSC – Free Report) by 1.6% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 154,370 shares of the company’s stock after purchasing an additional 2,501 shares during the quarter. Douglass Winthrop Advisors LLC’s holdings in WillScot were worth $4,291,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in WillScot by 11.7% in the first quarter. Vanguard Group Inc. now owns 18,338,511 shares of the company’s stock valued at $509,811,000 after buying an additional 1,924,653 shares in the last quarter. Baillie Gifford & Co. bought a new position in shares of WillScot during the first quarter worth about $145,392,000. Ameriprise Financial Inc. lifted its position in shares of WillScot by 4.8% in the 4th quarter. Ameriprise Financial Inc. now owns 4,832,316 shares of the company’s stock worth $161,641,000 after purchasing an additional 223,462 shares during the period. Turtle Creek Asset Management Inc. lifted its holdings in WillScot by 23.9% in the fourth quarter. Turtle Creek Asset Management Inc. now owns 3,594,848 shares of the company’s stock valued at $120,248,000 after buying an additional 693,243 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of WillScot by 1.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,919,430 shares of the company’s stock valued at $97,654,000 after purchasing an additional 47,158 shares in the last quarter. Institutional investors own 95.81% of the company’s stock.
Wall Street Analysts Forecast Growth
WSC has been the subject of a number of research analyst reports. Morgan Stanley decreased their target price on WillScot from $39.00 to $37.00 and set an “overweight” rating for the company in a research report on Monday, August 4th. DA Davidson cut their price target on shares of WillScot from $45.00 to $40.00 and set a “buy” rating on the stock in a report on Friday, August 1st. Finally, William Blair reiterated a “market perform” rating on shares of WillScot in a research note on Thursday, May 29th. Three analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $36.00.
WillScot Stock Performance
NASDAQ:WSC opened at $24.92 on Friday. The business’s fifty day moving average is $27.56 and its 200 day moving average is $28.55. The firm has a market cap of $4.54 billion, a price-to-earnings ratio of 41.53, a PEG ratio of 2.09 and a beta of 1.20. The company has a debt-to-equity ratio of 3.55, a quick ratio of 0.74 and a current ratio of 0.81. WillScot Holdings Corporation has a 52-week low of $21.91 and a 52-week high of $42.15.
WillScot (NASDAQ:WSC – Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.09). WillScot had a net margin of 4.66% and a return on equity of 24.83%. The company had revenue of $589.08 million for the quarter, compared to analysts’ expectations of $587.07 million. During the same period in the previous year, the firm earned $0.39 EPS. The firm’s quarterly revenue was down 2.6% compared to the same quarter last year. WillScot has set its FY 2025 guidance at EPS. Research analysts predict that WillScot Holdings Corporation will post 1.77 EPS for the current year.
WillScot Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 17th. Investors of record on Wednesday, September 3rd will be issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, September 3rd. WillScot’s dividend payout ratio is 46.67%.
Insiders Place Their Bets
In other WillScot news, EVP Hezron T. Lopez sold 22,000 shares of the stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $24.63, for a total value of $541,860.00. Following the sale, the executive vice president directly owned 54,038 shares in the company, valued at $1,330,955.94. This represents a 28.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Bradley Lee Soultz purchased 2,000 shares of WillScot stock in a transaction dated Tuesday, August 5th. The shares were purchased at an average price of $24.85 per share, with a total value of $49,700.00. Following the completion of the transaction, the chief executive officer directly owned 418,376 shares in the company, valued at approximately $10,396,643.60. This represents a 0.48% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought 15,000 shares of company stock worth $387,650 in the last three months. 3.10% of the stock is currently owned by corporate insiders.
WillScot Company Profile
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.
Further Reading
- Five stocks we like better than WillScot
- When to Sell a Stock for Profit or Loss
- MarketBeat Week in Review – 08/18 – 08/22
- Stock Dividend Cuts Happen Are You Ready?
- Royal Caribbean Earnings Beat Fuels Strong 2025 Outlook
- Why Are Stock Sectors Important to Successful Investing?
- Alphabet’s Breakout Potential: From Laggard to AI Leader
Want to see what other hedge funds are holding WSC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for WillScot Holdings Corporation (NASDAQ:WSC – Free Report).
Receive News & Ratings for WillScot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WillScot and related companies with MarketBeat.com's FREE daily email newsletter.