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WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Sold by Aviva PLC

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Aviva PLC reduced its holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 21.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,190,777 shares of the company's stock after selling 330,272 shares during the period. Aviva PLC owned approximately 0.64% of WillScot Mobile Mini worth $39,831,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WSC. Impax Asset Management Group plc acquired a new stake in shares of WillScot Mobile Mini in the 4th quarter worth $7,192,000. New York Life Investment Management LLC acquired a new stake in WillScot Mobile Mini during the fourth quarter worth about $679,000. Geneva Capital Management LLC acquired a new stake in WillScot Mobile Mini during the fourth quarter worth about $23,194,000. River Road Asset Management LLC raised its stake in WillScot Mobile Mini by 14.7% during the fourth quarter. River Road Asset Management LLC now owns 1,616,765 shares of the company's stock worth $54,081,000 after purchasing an additional 206,962 shares during the period. Finally, TCW Group Inc. boosted its holdings in WillScot Mobile Mini by 20.1% in the 4th quarter. TCW Group Inc. now owns 46,436 shares of the company's stock valued at $1,553,000 after purchasing an additional 7,763 shares during the last quarter. 95.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

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Read Our Latest Report on WillScot Mobile Mini

Insider Buying and Selling

In other WillScot Mobile Mini news, Director Erik Olsson sold 110,307 shares of the business's stock in a transaction that occurred on Tuesday, March 18th. The shares were sold at an average price of $30.19, for a total transaction of $3,330,168.33. Following the completion of the transaction, the director now owns 626,306 shares in the company, valued at $18,908,178.14. The trade was a 14.97 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Timothy D. Boswell acquired 5,000 shares of WillScot Mobile Mini stock in a transaction dated Thursday, March 13th. The stock was purchased at an average price of $29.14 per share, for a total transaction of $145,700.00. Following the completion of the acquisition, the chief operating officer now directly owns 34,156 shares in the company, valued at approximately $995,305.84. This represents a 17.15 % increase in their position. The disclosure for this purchase can be found here. 3.30% of the stock is currently owned by insiders.

WillScot Mobile Mini Trading Down 1.4 %

NASDAQ:WSC traded down $0.34 on Friday, reaching $24.45. 745,432 shares of the company's stock were exchanged, compared to its average volume of 2,698,613. The firm has a market capitalization of $4.49 billion, a price-to-earnings ratio of 161.53, a price-to-earnings-growth ratio of 2.18 and a beta of 1.25. WillScot Mobile Mini Holdings Corp. has a 52-week low of $21.91 and a 52-week high of $43.80. 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 business has a fifty day moving average of $31.39 and a 200-day moving average of $34.82.

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 firm had revenue of $602.52 million for the quarter, compared to the consensus estimate of $606.55 million. As a group, analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.77 earnings per share for the current year.

WillScot Mobile Mini Dividend Announcement

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

About WillScot Mobile Mini

(Free Report)

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.

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Institutional Ownership by Quarter for WillScot Mobile Mini (NASDAQ:WSC)

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