Jackson Square Partners LLC Sells 97,932 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Jackson Square Partners LLC trimmed its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 16.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 488,709 shares of the company's stock after selling 97,932 shares during the quarter. Jackson Square Partners LLC owned about 0.26% of WillScot Mobile Mini worth $16,347,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Impax Asset Management Group plc purchased a new position in shares of WillScot Mobile Mini during the fourth quarter worth about $7,192,000. New York Life Investment Management LLC bought a new position in shares of WillScot Mobile Mini in the 4th quarter worth $679,000. Geneva Capital Management LLC purchased a new stake in shares of WillScot Mobile Mini during the 4th quarter valued at $23,194,000. River Road Asset Management LLC lifted its holdings in shares of WillScot Mobile Mini by 14.7% during the 4th quarter. River Road Asset Management LLC now owns 1,616,765 shares of the company's stock worth $54,081,000 after acquiring an additional 206,962 shares during the last quarter. Finally, Douglass Winthrop Advisors LLC grew its position in WillScot Mobile Mini by 32.4% in the third quarter. Douglass Winthrop Advisors LLC now owns 165,143 shares of the company's stock worth $6,209,000 after acquiring an additional 40,393 shares in the last quarter. 95.81% of the stock is currently owned by institutional investors.

Insider Buying and Selling

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

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WillScot Mobile Mini Trading Down 4.1 %

Shares of WSC stock traded down $1.21 during trading hours on Friday, reaching $28.10. The company's stock had a trading volume of 971,847 shares, compared to its average volume of 2,616,559. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42. The stock has a market capitalization of $5.16 billion, a P/E ratio of 187.26, a P/E/G ratio of 2.18 and a beta of 1.45. The firm's fifty day simple moving average is $34.22 and its 200 day simple moving average is $35.93. WillScot Mobile Mini Holdings Corp. has a one year low of $27.58 and a one year high of $46.75.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.49 EPS 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 business had revenue of $602.52 million during the quarter, compared to analyst estimates of $606.55 million. Equities research analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current year.

WillScot Mobile Mini Announces Dividend

The company also recently announced 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 presently 186.67%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on WSC shares. Oppenheimer dropped 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. Robert W. Baird cut their target price on WillScot Mobile Mini from $38.00 to $32.00 and set a "neutral" rating for the company in a research note 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 stock from $40.00 to $50.00 in a report on Tuesday, December 17th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, WillScot Mobile Mini presently 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.