Aviva PLC Has $12.41 Million Holdings in WillScot Holdings Corporation $WSC

Aviva PLC decreased its position in WillScot Holdings Corporation (NASDAQ:WSC) by 61.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 452,732 shares of the company’s stock after selling 707,597 shares during the period. Aviva PLC’s holdings in WillScot were worth $12,405,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Yousif Capital Management LLC boosted its stake in WillScot by 0.7% in the 2nd quarter. Yousif Capital Management LLC now owns 70,825 shares of the company’s stock valued at $1,941,000 after purchasing an additional 515 shares during the period. Xponance Inc. lifted its holdings in shares of WillScot by 4.2% during the first quarter. Xponance Inc. now owns 14,101 shares of the company’s stock worth $392,000 after buying an additional 568 shares in the last quarter. Avantax Advisory Services Inc. boosted its position in shares of WillScot by 8.4% in the first quarter. Avantax Advisory Services Inc. now owns 7,533 shares of the company’s stock valued at $209,000 after acquiring an additional 583 shares during the period. Thompson Investment Management Inc. grew its stake in shares of WillScot by 3.7% in the second quarter. Thompson Investment Management Inc. now owns 18,241 shares of the company’s stock valued at $500,000 after acquiring an additional 650 shares in the last quarter. Finally, First Horizon Advisors Inc. grew its stake in shares of WillScot by 45.1% in the second quarter. First Horizon Advisors Inc. now owns 2,130 shares of the company’s stock valued at $58,000 after acquiring an additional 662 shares in the last quarter. 95.81% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on WSC. Barclays cut their price objective on shares of WillScot from $22.00 to $18.00 and set an “equal weight” rating for the company in a report on Monday. Robert W. Baird cut their price target on WillScot from $29.00 to $25.00 and set a “neutral” rating for the company in a research note on Monday, October 20th. UBS Group set a $35.00 price objective on WillScot in a research note on Tuesday, September 30th. DA Davidson cut their target price on WillScot from $35.00 to $32.00 and set a “buy” rating for the company in a research report on Monday. Finally, Morgan Stanley reduced their target price on WillScot from $39.00 to $37.00 and set an “overweight” rating on the stock in a report on Monday, August 4th. Four research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, WillScot currently has an average rating of “Hold” and a consensus price target of $29.50.

WillScot Trading Down 1.7%

Shares of WSC stock opened at $17.95 on Wednesday. WillScot Holdings Corporation has a fifty-two week low of $16.55 and a fifty-two week high of $39.81. The stock’s fifty day moving average price is $21.82 and its two-hundred day moving average price is $25.40. The company has a debt-to-equity ratio of 3.39, a quick ratio of 0.72 and a current ratio of 0.79. The company has a market cap of $3.27 billion, a PE ratio of 14.83, a P/E/G ratio of 1.62 and a beta of 1.15.

WillScot (NASDAQ:WSC) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.01. The company had revenue of $566.84 million during the quarter, compared to analysts’ expectations of $583.52 million. WillScot had a return on equity of 23.09% and a net margin of 9.64%.WillScot’s revenue was down 5.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.38 EPS. WillScot has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts predict that WillScot Holdings Corporation will post 1.77 EPS for the current fiscal year.

WillScot Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd will be issued a dividend of $0.07 per share. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $0.28 annualized dividend and a dividend yield of 1.6%. WillScot’s payout ratio is 23.14%.

Insider Transactions at WillScot

In related news, EVP Hezron T. Lopez sold 22,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $24.63, for a total transaction of $541,860.00. Following the completion of the transaction, 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 Securities & Exchange Commission, which is available through this hyperlink. 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.