Blair William & Co. IL Sells 34,303 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Blair William & Co. IL trimmed its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 15.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 189,215 shares of the company's stock after selling 34,303 shares during the quarter. Blair William & Co. IL owned 0.10% of WillScot Mobile Mini worth $6,329,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in WSC. Pier Capital LLC raised its stake in WillScot Mobile Mini by 1.9% during the 4th quarter. Pier Capital LLC now owns 229,753 shares of the company's stock worth $7,685,000 after buying an additional 4,378 shares during the period. Advantage Alpha Capital Partners LP raised its position in shares of WillScot Mobile Mini by 21.0% during the fourth quarter. Advantage Alpha Capital Partners LP now owns 220,193 shares of the company's stock worth $7,365,000 after purchasing an additional 38,287 shares during the period. Fox Run Management L.L.C. acquired a new stake in shares of WillScot Mobile Mini during the fourth quarter worth about $612,000. KLP Kapitalforvaltning AS acquired a new position in shares of WillScot Mobile Mini in the 4th quarter valued at approximately $1,290,000. Finally, Sciencast Management LP increased its stake in WillScot Mobile Mini by 0.9% during the 4th quarter. Sciencast Management LP now owns 56,961 shares of the company's stock worth $1,905,000 after purchasing an additional 491 shares in the last quarter. Institutional investors and hedge funds own 95.81% of the company's stock.

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WillScot Mobile Mini Price Performance

Shares of NASDAQ WSC traded down $0.32 during midday trading on Tuesday, reaching $27.48. The company's stock had a trading volume of 3,015,519 shares, compared to its average volume of 2,626,870. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.82 and a current ratio of 0.90. The company has a market cap of $5.04 billion, a P/E ratio of 183.21, a P/E/G ratio of 2.18 and a beta of 1.45. The business's 50 day moving average price is $33.88 and its two-hundred day moving average price is $35.76. WillScot Mobile Mini Holdings Corp. has a fifty-two week low of $26.91 and a fifty-two week high of $45.41.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.48 by $0.01. The firm had revenue of $602.52 million for the quarter, compared to analyst estimates of $606.55 million. WillScot Mobile Mini had a net margin of 1.17% and a return on equity of 24.67%. On average, analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current fiscal year.

WillScot Mobile Mini Announces Dividend

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

Insider Activity at WillScot Mobile Mini

In other news, COO Timothy D. Boswell purchased 5,000 shares of WillScot Mobile Mini stock in a transaction dated 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 acquisition, the chief operating officer now owns 34,156 shares in the company, valued at approximately $995,305.84. This trade represents a 17.15 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Erik Olsson sold 110,307 shares of the firm'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 of the company's stock, valued at approximately $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 insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on WSC shares. Morgan Stanley raised shares of WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and lifted their price target for the company from $40.00 to $50.00 in a research note on Tuesday, December 17th. Robert W. Baird cut their price objective on shares of 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. Finally, Oppenheimer lowered their target price on WillScot Mobile Mini from $41.00 to $38.00 and set an "outperform" rating for the company in a report on Monday, March 10th. Five 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.com, the stock has an average rating of "Moderate Buy" and an average target price of $42.67.

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.