Kennedy Capital Management LLC Decreases Stock Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Kennedy Capital Management LLC lessened its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 14.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 131,372 shares of the company's stock after selling 22,434 shares during the quarter. Kennedy Capital Management LLC owned 0.07% of WillScot Mobile Mini worth $4,394,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Impax Asset Management Group plc bought a new position in shares of WillScot Mobile Mini during the 4th quarter valued at $7,192,000. New York Life Investment Management LLC purchased a new stake in WillScot Mobile Mini during the fourth quarter valued at about $679,000. Geneva Capital Management LLC bought a new position in shares of WillScot Mobile Mini during the fourth quarter valued at about $23,194,000. River Road Asset Management LLC grew its stake in shares of WillScot Mobile Mini by 14.7% during the fourth quarter. River Road Asset Management LLC now owns 1,616,765 shares of the company's stock valued at $54,081,000 after buying an additional 206,962 shares during the last quarter. Finally, TCW Group Inc. increased its holdings in shares of WillScot Mobile Mini by 20.1% in the fourth quarter. TCW Group Inc. now owns 46,436 shares of the company's stock worth $1,553,000 after buying an additional 7,763 shares during the period. Hedge funds and other institutional investors own 95.81% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Morgan Stanley upgraded 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 research report on Tuesday, December 17th. Barclays cut their target price on shares of WillScot Mobile Mini from $40.00 to $34.00 and set an "equal weight" rating on the stock in a report on Friday, April 4th. Robert W. Baird lowered their price target on shares of WillScot Mobile Mini from $38.00 to $32.00 and set a "neutral" rating for the company in a report on Monday, March 10th. Finally, 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. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $42.00.

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Insider Activity at WillScot Mobile Mini

In other news, Director Erik Olsson sold 110,307 shares of WillScot Mobile Mini 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 directly owns 626,306 shares in the company, valued at approximately $18,908,178.14. This trade represents a 14.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Timothy D. Boswell purchased 5,000 shares of the stock in a transaction dated Thursday, March 13th. The stock was bought at an average cost 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 in the company, valued at $995,305.84. The trade was a 17.15 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 3.30% of the stock is currently owned by corporate insiders.

WillScot Mobile Mini Trading Down 1.1 %

NASDAQ WSC traded down $0.27 during trading on Tuesday, hitting $24.23. The company had a trading volume of 4,468,208 shares, compared to its average volume of 2,733,761. The company's fifty day moving average is $30.69 and its 200-day moving average is $34.51. WillScot Mobile Mini Holdings Corp. has a one year low of $21.91 and a one year high of $43.80. 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 company has a market cap of $4.45 billion, a price-to-earnings ratio of 161.54, a price-to-earnings-growth ratio of 2.18 and a beta of 1.25.

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

WillScot Mobile Mini Announces Dividend

The company also recently declared a -- dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were given 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 is presently 186.67%.

WillScot Mobile Mini 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.