DF Dent & Co. Inc. Reduces Stock Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

DF Dent & Co. Inc. lessened its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 87.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 358,709 shares of the company's stock after selling 2,580,128 shares during the period. DF Dent & Co. Inc. owned 0.19% of WillScot Mobile Mini worth $11,999,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Headlands Technologies LLC purchased a new position in WillScot Mobile Mini during the 4th quarter valued at about $174,000. Franklin Resources Inc. boosted its position in WillScot Mobile Mini by 34.4% during the 4th quarter. Franklin Resources Inc. now owns 10,314,494 shares of the company's stock valued at $345,020,000 after acquiring an additional 2,639,559 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in shares of WillScot Mobile Mini by 39.4% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,889,596 shares of the company's stock worth $63,207,000 after purchasing an additional 533,750 shares during the last quarter. Schroder Investment Management Group boosted its position in WillScot Mobile Mini by 145.5% during the fourth quarter. Schroder Investment Management Group now owns 16,389 shares of the company's stock valued at $547,000 after purchasing an additional 9,712 shares in the last quarter. Finally, Brown Brothers Harriman & Co. boosted its holdings in shares of WillScot Mobile Mini by 182,738.4% in the 4th quarter. Brown Brothers Harriman & Co. now owns 837,400 shares of the company's stock valued at $28,011,000 after buying an additional 836,942 shares in the last quarter. 95.81% of the stock is currently owned by institutional investors.

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Insider Activity

In other news, 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 sale, the director now owns 626,306 shares in the company, valued at $18,908,178.14. This trade represents a 14.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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, 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 $995,305.84. The trade was a 17.15 % increase in their position. The disclosure for this purchase can be found here. Insiders own 3.30% of the company's stock.

WillScot Mobile Mini Stock Performance

NASDAQ:WSC traded down $0.22 during midday trading on Tuesday, hitting $23.77. The company's stock had a trading volume of 901,649 shares, compared to its average volume of 2,663,569. The firm's 50 day moving average is $32.59 and its 200-day moving average is $35.29. The firm has a market cap of $4.36 billion, a P/E ratio of 158.94, a P/E/G ratio of 2.18 and a beta of 1.25. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82. WillScot Mobile Mini Holdings Corp. has a fifty-two week low of $21.91 and a fifty-two week high of $44.50.

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

WillScot Mobile Mini Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts have issued reports on WSC shares. Oppenheimer cut 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 report on Monday, March 10th. Barclays reduced their target price on WillScot Mobile Mini from $40.00 to $34.00 and set an "equal weight" rating on the stock in a research report on Friday. Morgan Stanley raised WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $40.00 to $50.00 in a report on Tuesday, December 17th. Finally, 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 report on Monday, March 10th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, WillScot Mobile Mini currently has an average rating of "Moderate Buy" and an average target price of $42.00.

About WillScot Mobile Mini

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.