WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Holdings Decreased by Sei Investments Co.

Sei Investments Co. reduced its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 21.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 244,857 shares of the company's stock after selling 66,911 shares during the period. Sei Investments Co. owned 0.13% of WillScot Mobile Mini worth $8,190,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Sciencast Management LP raised its stake in WillScot Mobile Mini by 0.9% in the fourth quarter. Sciencast Management LP now owns 56,961 shares of the company's stock valued at $1,905,000 after purchasing an additional 491 shares in the last quarter. Blueshift Asset Management LLC purchased a new position in shares of WillScot Mobile Mini during the 4th quarter worth approximately $759,000. Xponance Inc. lifted its position in WillScot Mobile Mini by 13.6% during the 4th quarter. Xponance Inc. now owns 13,533 shares of the company's stock valued at $453,000 after acquiring an additional 1,616 shares during the period. Thrivent Financial for Lutherans raised its stake in WillScot Mobile Mini by 21.4% during the fourth quarter. Thrivent Financial for Lutherans now owns 26,220 shares of the company's stock valued at $877,000 after buying an additional 4,620 shares during the last quarter. Finally, William Blair Investment Management LLC increased its stake in WillScot Mobile Mini by 13.6% during the 4th quarter. William Blair Investment Management LLC now owns 5,555,481 shares of the company's stock valued at $185,831,000 after purchasing an additional 664,805 shares in the last quarter. 95.81% of the stock is currently owned by hedge funds and other institutional investors.

Remove Ads

Insiders Place Their Bets

In other WillScot Mobile Mini news, Director Erik Olsson sold 110,307 shares of the business's stock in a transaction dated 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 transaction, the director now owns 626,306 shares in the company, valued at $18,908,178.14. The trade was a 14.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Timothy D. Boswell purchased 5,000 shares of the company's stock in a transaction that occurred on Thursday, March 13th. The shares were purchased at an average cost 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 in the company, valued at $995,305.84. This trade represents 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 owned by corporate insiders.

WillScot Mobile Mini Stock Down 11.3 %

NASDAQ:WSC traded down $3.29 during midday trading on Thursday, reaching $25.70. The company had a trading volume of 3,732,937 shares, compared to its average volume of 2,638,007. 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's fifty day simple moving average is $33.18 and its 200-day simple moving average is $35.57. The firm has a market capitalization of $4.72 billion, a price-to-earnings ratio of 171.34, a PEG ratio of 2.18 and a beta of 1.25. WillScot Mobile Mini Holdings Corp. has a 12-month low of $25.69 and a 12-month high of $45.02.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.48 by $0.01. The firm had revenue of $602.52 million for the quarter, compared to the consensus estimate of $606.55 million. WillScot Mobile Mini had a return on equity of 24.67% and a net margin of 1.17%. On average, sell-side 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 announced a -- dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were issued a $0.07 dividend. The ex-dividend date was Wednesday, March 5th. WillScot Mobile Mini's dividend payout ratio (DPR) is 186.67%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Morgan Stanley raised WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $40.00 to $50.00 in a report on Tuesday, December 17th. Oppenheimer cut their price objective on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an "outperform" rating on the stock in a research report on Monday, March 10th. Finally, Robert W. Baird dropped their price objective on 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. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $42.75.

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.