WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Sold by Blair William & Co. IL

Blair William & Co. IL cut its stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 15.3% during the 4th quarter, according to the company in its most recent disclosure 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 approximately 0.10% of WillScot Mobile Mini worth $6,329,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Jones Financial Companies Lllp raised its stake 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 worth $77,000 after purchasing 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 about $216,000. Stephens Inc. AR lifted its position in shares of WillScot Mobile Mini by 23.0% during the fourth quarter. Stephens Inc. AR now owns 6,544 shares of the company's stock valued at $219,000 after purchasing an additional 1,222 shares in the last quarter. Avanza Fonder AB purchased a new stake in WillScot Mobile Mini in the 4th quarter valued at about $224,000. Finally, Avantax Advisory Services Inc. bought a new position in shares of WillScot Mobile Mini during the 4th quarter worth approximately $232,000. 95.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Insider Activity at WillScot Mobile Mini

In related news, COO Timothy D. Boswell acquired 5,000 shares of the business's stock in a transaction dated Thursday, March 13th. The shares were 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 $995,305.84. The trade was a 17.15 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Erik Olsson sold 110,307 shares of the firm's stock in a transaction on Tuesday, March 18th. The stock was 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 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 position. The disclosure for this sale can be found here. 3.30% of the stock is owned by corporate insiders.

WillScot Mobile Mini Price Performance

WillScot Mobile Mini stock traded down $2.07 during midday trading on Friday, reaching $23.63. 6,503,100 shares of the stock traded hands, compared to its average volume of 2,656,223. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42. WillScot Mobile Mini Holdings Corp. has a 12 month low of $21.94 and a 12 month high of $45.01. The stock's fifty day moving average is $32.88 and its 200-day moving average is $35.46. The stock has a market cap of $4.34 billion, a P/E ratio of 157.54, a PEG ratio of 2.18 and a beta of 1.25.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.01. The business had revenue of $602.52 million during the quarter, compared to the consensus estimate of $606.55 million. WillScot Mobile Mini had a net margin of 1.17% and a return on equity of 24.67%. As a group, equities research analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current year.

WillScot Mobile Mini Announces Dividend

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

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.