American Century Companies Inc. Trims Stock Position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

American Century Companies Inc. lessened its holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 46.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 44,081 shares of the company's stock after selling 38,190 shares during the period. American Century Companies Inc.'s holdings in WillScot Mobile Mini were worth $1,475,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Jones Financial Companies Lllp raised its position in shares of WillScot Mobile Mini by 93.5% in the fourth quarter. Jones Financial Companies Lllp now owns 2,303 shares of the company's stock valued at $77,000 after buying an additional 1,113 shares during the last quarter. FourThought Financial Partners LLC purchased a new stake in shares of WillScot Mobile Mini in the fourth quarter valued at approximately $216,000. Stephens Inc. AR lifted its position in WillScot Mobile Mini by 23.0% during the fourth quarter. Stephens Inc. AR now owns 6,544 shares of the company's stock worth $219,000 after buying an additional 1,222 shares in the last quarter. Avanza Fonder AB acquired a new position in WillScot Mobile Mini during the fourth quarter worth $224,000. Finally, Avantax Advisory Services Inc. acquired a new stake in shares of WillScot Mobile Mini in the 4th quarter worth $232,000. Hedge funds and other institutional investors own 95.81% of the company's stock.

WillScot Mobile Mini Stock Performance

WSC traded down $0.33 during trading on Tuesday, hitting $24.17. 172,623 shares of the stock were exchanged, compared to its average volume of 2,712,214. The stock has a fifty day moving average price of $30.95 and a two-hundred day moving average price of $34.59. WillScot Mobile Mini Holdings Corp. has a 1-year low of $21.91 and a 1-year high of $43.80. The firm has a market capitalization of $4.44 billion, a P/E ratio of 161.60, a PEG ratio of 2.18 and a beta of 1.25. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42.

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WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $602.52 million during the quarter, compared to the consensus estimate of $606.55 million. As a group, sell-side analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.77 earnings per share for the current year.

WillScot Mobile Mini Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities analysts have commented on WSC shares. Oppenheimer reduced their target price on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an "outperform" rating on the stock in a research note on Monday, March 10th. Robert W. Baird lowered their price objective on WillScot Mobile Mini from $38.00 to $32.00 and set a "neutral" rating for the company in a research report on Monday, March 10th. Barclays decreased their price target on WillScot Mobile Mini from $40.00 to $34.00 and set an "equal weight" rating on the stock in a research note on Friday, April 4th. Finally, Morgan Stanley raised WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and boosted their target price for the company from $40.00 to $50.00 in a research report on Tuesday, December 17th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, WillScot Mobile Mini has an average rating of "Moderate Buy" and a consensus target price of $42.00.

Insider Buying and Selling

In related news, COO Timothy D. Boswell bought 5,000 shares of the stock in a transaction on Thursday, March 13th. The shares were bought at an average cost of $29.14 per share, for a total transaction of $145,700.00. Following the completion of the transaction, the chief operating officer now owns 34,156 shares of the company's stock, valued at $995,305.84. This represents a 17.15 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 in the company, valued at $18,908,178.14. This trade represents a 14.97 % decrease in their position. The disclosure for this sale can be found here. 3.30% of the stock is currently owned by corporate insiders.

WillScot Mobile Mini 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.