Aristotle Capital Boston LLC Acquires 27,362 Shares of WillScot Holdings Corporation $WSC

Aristotle Capital Boston LLC boosted its holdings in shares of WillScot Holdings Corporation (NASDAQ:WSC) by 5.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 508,034 shares of the company’s stock after buying an additional 27,362 shares during the period. Aristotle Capital Boston LLC owned approximately 0.28% of WillScot worth $9,566,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC boosted its stake in WillScot by 117.3% during the fourth quarter. Salomon & Ludwin LLC now owns 1,258 shares of the company’s stock valued at $25,000 after buying an additional 679 shares during the period. CWM LLC boosted its stake in WillScot by 37.7% during the fourth quarter. CWM LLC now owns 2,071 shares of the company’s stock valued at $39,000 after buying an additional 567 shares during the period. Parallel Advisors LLC lifted its stake in WillScot by 149.9% during the fourth quarter. Parallel Advisors LLC now owns 2,064 shares of the company’s stock worth $39,000 after purchasing an additional 1,238 shares during the last quarter. Danske Bank A S bought a new stake in WillScot during the third quarter worth about $44,000. Finally, Advisors Asset Management Inc. lifted its stake in WillScot by 160.4% during the fourth quarter. Advisors Asset Management Inc. now owns 2,961 shares of the company’s stock worth $56,000 after purchasing an additional 1,824 shares during the last quarter. Institutional investors own 95.81% of the company’s stock.

Insider Activity at WillScot

In other news, Director Bradley Lee Soultz sold 86,421 shares of WillScot stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $26.99, for a total value of $2,332,502.79. Following the transaction, the director owned 197,595 shares in the company, valued at approximately $5,333,089.05. The trade was a 30.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 155,781 shares of company stock valued at $4,205,113 in the last quarter. 3.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on WSC shares. William Blair reaffirmed a “market perform” rating on shares of WillScot in a research note on Thursday, March 5th. Barclays lifted their price target on WillScot from $22.00 to $24.00 and gave the stock an “equal weight” rating in a research note on Friday, May 15th. Wall Street Zen raised WillScot from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Oppenheimer reaffirmed an “outperform” rating and set a $29.00 price target on shares of WillScot in a research note on Friday, May 8th. Finally, DA Davidson dropped their price target on WillScot from $32.00 to $30.00 and set a “buy” rating for the company in a research note on Tuesday, February 24th. Three research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, WillScot presently has a consensus rating of “Hold” and a consensus price target of $25.88.

WillScot Stock Down 2.1%

WSC opened at $27.84 on Thursday. The company has a market cap of $5.03 billion, a P/E ratio of -73.26, a P/E/G ratio of 1.69 and a beta of 1.34. The business’s 50-day moving average price is $23.93 and its 200-day moving average price is $21.51. The company has a current ratio of 0.79, a quick ratio of 0.72 and a debt-to-equity ratio of 4.00. WillScot Holdings Corporation has a 12 month low of $14.91 and a 12 month high of $31.88.

WillScot (NASDAQ:WSC) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.16 by $0.05. The firm had revenue of $548.63 million for the quarter, compared to the consensus estimate of $518.17 million. WillScot had a positive return on equity of 20.65% and a negative net margin of 2.99%.The company’s quarterly revenue was down 2.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.26 earnings per share. On average, equities analysts expect that WillScot Holdings Corporation will post 1.1 EPS for the current year.

WillScot Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd were issued a $0.07 dividend. The ex-dividend date was Wednesday, June 3rd. This represents a $0.28 annualized dividend and a dividend yield of 1.0%. WillScot’s payout ratio is currently -73.68%.

WillScot Profile

WillScot (NASDAQ: WSC) is a leading North American provider of modular space and portable storage solutions. The company designs, manufactures, leases and sells temporary and permanent modular buildings to serve sectors such as education, healthcare, construction, industrial and government. Its modular space offerings range from single‐unit office trailers and classrooms to complex multi‐unit configurations tailored to diverse project requirements.

In addition to modular structures, WillScot offers a broad portfolio of portable storage containers and related services, including site logistics, customization, delivery and installation.