WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Sold by T. Rowe Price Investment Management Inc.

T. Rowe Price Investment Management Inc. reduced its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 37.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,954,538 shares of the company's stock after selling 1,195,304 shares during the period. T. Rowe Price Investment Management Inc. owned 1.06% of WillScot Mobile Mini worth $65,380,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Barclays PLC boosted its position in shares of WillScot Mobile Mini by 770.3% in the 3rd quarter. Barclays PLC now owns 353,485 shares of the company's stock valued at $13,292,000 after purchasing an additional 312,867 shares during the period. Virtu Financial LLC acquired a new position in shares of WillScot Mobile Mini in the 3rd quarter valued at $468,000. Tidal Investments LLC raised its position in WillScot Mobile Mini by 44.6% in the 3rd quarter. Tidal Investments LLC now owns 11,975 shares of the company's stock valued at $450,000 after purchasing an additional 3,692 shares during the last quarter. Retirement Systems of Alabama grew its position in WillScot Mobile Mini by 7.9% during the 3rd quarter. Retirement Systems of Alabama now owns 124,985 shares of the company's stock worth $4,699,000 after purchasing an additional 9,159 shares during the last quarter. Finally, Everence Capital Management Inc. acquired a new position in WillScot Mobile Mini in the fourth quarter valued at $279,000. Institutional investors and hedge funds own 95.81% of the company's stock.

WillScot Mobile Mini Price Performance

Shares of WSC traded up $0.32 on Tuesday, reaching $25.14. The stock had a trading volume of 1,750,128 shares, compared to its average volume of 2,727,843. The firm has a 50-day moving average of $28.12 and a 200 day moving average of $33.65. The firm has a market capitalization of $4.62 billion, a PE ratio of 167.61, a PEG ratio of 2.18 and a beta of 1.25. WillScot Mobile Mini Holdings Corp. has a twelve month low of $21.91 and a twelve month high of $43.80. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42.

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 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 analysts' expectations of $606.55 million. WillScot Mobile Mini had a return on equity of 24.67% and a net margin of 1.17%. Sell-side analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current year.

WillScot Mobile Mini Dividend Announcement

The firm also recently announced a -- dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were given a dividend of $0.07 per share. The ex-dividend date was Wednesday, March 5th. WillScot Mobile Mini's payout ratio is currently 186.67%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Morgan Stanley lowered their price target on WillScot Mobile Mini from $50.00 to $38.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. Barclays decreased their price target on WillScot Mobile Mini from $40.00 to $34.00 and set an "equal weight" rating for the company in a report on Friday, April 4th. Robert W. Baird reduced their target price on shares of 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, Oppenheimer cut 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 report on Monday, March 10th. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $40.50.

Insider Buying and Selling at WillScot Mobile Mini

In other news, Director Erik Olsson sold 110,307 shares of the company's stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $30.19, for a total value of $3,330,168.33. Following the sale, the director now directly owns 626,306 shares in the company, valued at $18,908,178.14. This represents a 14.97 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Timothy D. Boswell acquired 5,000 shares of the company's stock in a transaction that occurred on Thursday, March 13th. The shares were bought 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. This represents 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 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.