WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Sold by Boston Partners

Boston Partners lowered its holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 99.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 48,578 shares of the company's stock after selling 8,127,029 shares during the quarter. Boston Partners' holdings in WillScot Mobile Mini were worth $1,625,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in WSC. Jones Financial Companies Lllp raised its holdings 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 acquiring an additional 1,113 shares during the last quarter. First Horizon Advisors Inc. increased its position in WillScot Mobile Mini by 16.4% during the third quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company's stock worth $80,000 after purchasing an additional 302 shares during the last quarter. FourThought Financial Partners LLC purchased a new position in WillScot Mobile Mini during the fourth quarter worth approximately $216,000. Stephens Inc. AR boosted its holdings in shares of WillScot Mobile Mini by 23.0% in the 4th 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 during the last quarter. Finally, Avanza Fonder AB purchased a new stake in shares of WillScot Mobile Mini during the 4th quarter valued at $224,000. 95.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at WillScot Mobile Mini

In related news, Director Erik Olsson sold 110,307 shares of the 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 of the company's stock, valued at $18,908,178.14. This trade represents a 14.97 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Timothy D. Boswell bought 5,000 shares of the firm's stock in a transaction on Thursday, March 13th. The stock was purchased at an average price 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 position. The disclosure for this purchase can be found here. Insiders own 3.30% of the company's stock.

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WillScot Mobile Mini Stock Performance

Shares of NASDAQ WSC traded down $0.72 during trading on Wednesday, reaching $29.15. The stock had a trading volume of 2,306,796 shares, compared to its average volume of 2,583,361. The firm's 50 day moving average price is $34.51 and its two-hundred day moving average price is $36.03. WillScot Mobile Mini Holdings Corp. has a one year low of $27.58 and a one year high of $46.75. The stock has a market cap of $5.35 billion, a PE ratio of 194.35, a P/E/G ratio of 2.18 and a beta of 1.45. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.82 and a current ratio of 0.90.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last issued its earnings results on Thursday, February 20th. The company reported $0.49 earnings per share for the quarter, topping analysts' consensus estimates 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 company had revenue of $602.52 million for the quarter, compared to analysts' expectations of $606.55 million. On average, research analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.77 earnings per share for the current fiscal year.

WillScot Mobile Mini Announces Dividend

The business also recently announced a -- dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th were issued 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 presently 186.67%.

Analyst Ratings Changes

A number of analysts recently issued reports on WSC shares. Morgan Stanley raised shares of WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $40.00 to $50.00 in a research report on Tuesday, December 17th. Robert W. Baird cut 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. Finally, Oppenheimer decreased their price target on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an "outperform" rating for the company in a research report on Monday, March 10th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, WillScot Mobile Mini has an average rating of "Moderate Buy" and an average price target 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.