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

Barclays PLC decreased its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 32.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 239,825 shares of the company's stock after selling 113,660 shares during the quarter. Barclays PLC owned about 0.13% of WillScot Mobile Mini worth $8,022,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Carnegie Lake Advisors LLC grew its stake in shares of WillScot Mobile Mini by 0.5% during the fourth quarter. Carnegie Lake Advisors LLC now owns 54,580 shares of the company's stock valued at $1,826,000 after buying an additional 280 shares during the last quarter. Sciencast Management LP boosted its holdings in WillScot Mobile Mini by 0.9% during the 4th quarter. Sciencast Management LP now owns 56,961 shares of the company's stock valued at $1,905,000 after acquiring an additional 491 shares during the period. Jones Financial Companies Lllp grew its position in WillScot Mobile Mini by 93.5% in the 4th quarter. Jones Financial Companies Lllp now owns 2,303 shares of the company's stock valued at $77,000 after acquiring an additional 1,113 shares during the last quarter. Stephens Inc. AR increased its stake in WillScot Mobile Mini by 23.0% in the fourth quarter. Stephens Inc. AR now owns 6,544 shares of the company's stock worth $219,000 after purchasing an additional 1,222 shares during the period. Finally, Levin Capital Strategies L.P. lifted its position in shares of WillScot Mobile Mini by 17.0% during the fourth quarter. Levin Capital Strategies L.P. now owns 8,770 shares of the company's stock worth $293,000 after purchasing an additional 1,272 shares during the last quarter. Institutional investors own 95.81% of the company's stock.

Insiders Place Their Bets

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

WillScot Mobile Mini Stock Performance

NASDAQ:WSC traded up $0.19 during midday trading on Friday, hitting $25.08. The company's stock had a trading volume of 2,031,340 shares, compared to its average volume of 2,735,670. WillScot Mobile Mini Holdings Corp. has a fifty-two week low of $21.91 and a fifty-two week high of $43.80. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82. The firm has a market cap of $4.60 billion, a P/E ratio of 167.21, a P/E/G ratio of 2.18 and a beta of 1.25. The firm's 50 day moving average is $28.40 and its 200-day moving average is $33.75.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.49 earnings per share for the quarter, topping analysts' consensus estimates 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. Equities analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.77 earnings per share for the current fiscal year.

WillScot Mobile Mini Announces Dividend

The business also recently declared 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 of this dividend was Wednesday, March 5th. WillScot Mobile Mini's payout ratio is presently 186.67%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on WSC shares. Oppenheimer reduced their price target 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. Morgan Stanley lowered their price target on WillScot Mobile Mini from $50.00 to $38.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Barclays dropped their price objective 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, Robert W. Baird dropped their price target on WillScot Mobile Mini from $38.00 to $32.00 and set a "neutral" rating on the stock in a research report on Monday, March 10th. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $40.50.

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.