TimesSquare Capital Management LLC Sells 89,486 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

TimesSquare Capital Management LLC lessened its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 9.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 827,945 shares of the company's stock after selling 89,486 shares during the quarter. TimesSquare Capital Management LLC owned approximately 0.45% of WillScot Mobile Mini worth $27,695,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of WSC. V Square Quantitative Management LLC acquired a new stake in shares of WillScot Mobile Mini during the 3rd quarter valued at about $25,000. Financial Management Professionals Inc. acquired a new stake in shares of WillScot Mobile Mini during the 3rd quarter valued at about $36,000. First Horizon Advisors Inc. lifted its holdings in shares of WillScot Mobile Mini by 16.4% during the 3rd quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company's stock valued at $80,000 after buying an additional 302 shares during the last quarter. KBC Group NV lifted its holdings in shares of WillScot Mobile Mini by 14.7% during the 3rd quarter. KBC Group NV now owns 5,110 shares of the company's stock valued at $192,000 after buying an additional 655 shares during the last quarter. Finally, Stephens Inc. AR acquired a new stake in shares of WillScot Mobile Mini during the 3rd quarter valued at about $200,000. Hedge funds and other institutional investors own 95.81% of the company's stock.

Insider Activity

In other news, insider Graeme Parkes sold 2,900 shares of the business's stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $37.01, for a total transaction of $107,329.00. Following the sale, the insider now directly owns 72,818 shares in the company, valued at approximately $2,694,994.18. The trade was a 3.83 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 3.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Robert W. Baird reduced their target price on WillScot Mobile Mini from $42.00 to $38.00 and set a "neutral" rating for the company in a report on Thursday, October 31st. Morgan Stanley upgraded WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $40.00 to $50.00 in a report on Tuesday, December 17th. Baird R W lowered WillScot Mobile Mini from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft lowered WillScot Mobile Mini from a "buy" rating to a "hold" rating and reduced their target price for the stock from $46.00 to $35.00 in a report on Thursday, October 31st. Finally, Barclays reduced their target price on WillScot Mobile Mini from $44.00 to $40.00 and set an "equal weight" rating for the company in a report on Friday, November 1st. Five equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $45.50.

WillScot Mobile Mini Stock Performance

NASDAQ WSC traded down $3.40 during trading on Friday, hitting $35.27. The company's stock had a trading volume of 6,634,055 shares, compared to its average volume of 2,261,131. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42. The firm has a 50 day moving average price of $35.96 and a 200 day moving average price of $36.92. The firm has a market cap of $6.52 billion, a P/E ratio of 320.67, a price-to-earnings-growth ratio of 2.05 and a beta of 1.41. WillScot Mobile Mini Holdings Corp. has a 52 week low of $32.57 and a 52 week high of $49.98.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.01. The business had revenue of $602.52 million for the quarter, compared to analysts' expectations of $606.55 million. WillScot Mobile Mini had a return on equity of 23.97% and a net margin of 1.05%. Equities research analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.53 earnings per share for the current fiscal year.

WillScot Mobile Mini Dividend Announcement

The company also recently disclosed a -- dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th will be given a dividend of $0.07 per share. The ex-dividend date is Wednesday, March 5th.

About WillScot Mobile Mini

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.