PNC Financial Services Group Inc. Has $964,000 Stock Position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

PNC Financial Services Group Inc. reduced its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 11.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,814 shares of the company’s stock after selling 3,734 shares during the quarter. PNC Financial Services Group Inc.’s holdings in WillScot Mobile Mini were worth $964,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of WSC. First Horizon Advisors Inc. grew its stake in shares of WillScot Mobile Mini by 16.4% in the third quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company’s stock valued at $80,000 after acquiring an additional 302 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of WillScot Mobile Mini by 93.5% during the 4th quarter. Jones Financial Companies Lllp now owns 2,303 shares of the company’s stock worth $77,000 after purchasing an additional 1,113 shares in the last quarter. KBC Group NV increased its holdings in shares of WillScot Mobile Mini by 14.7% during the third quarter. KBC Group NV now owns 5,110 shares of the company’s stock worth $192,000 after purchasing an additional 655 shares during the period. FourThought Financial Partners LLC acquired a new stake in shares of WillScot Mobile Mini in the fourth quarter valued at approximately $216,000. Finally, Stephens Inc. AR boosted its stake in shares of WillScot Mobile Mini by 23.0% in the fourth quarter. Stephens Inc. AR now owns 6,544 shares of the company’s stock valued at $219,000 after buying an additional 1,222 shares during the period. 95.81% of the stock is currently owned by institutional investors and hedge funds.

WillScot Mobile Mini Stock Up 2.2 %

Shares of NASDAQ WSC opened at $30.62 on Tuesday. The company has a market cap of $5.62 billion, a price-to-earnings ratio of 204.15, a PEG ratio of 2.18 and a beta of 1.45. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42. WillScot Mobile Mini Holdings Corp. has a 12 month low of $27.58 and a 12 month high of $47.18. The stock has a 50-day moving average price of $35.03 and a two-hundred day moving average price of $36.33.

WillScot Mobile Mini (NASDAQ:WSC) last released its quarterly earnings data 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. WillScot Mobile Mini had a net margin of 1.17% and a return on equity of 24.67%. The business had revenue of $602.52 million during the quarter, compared to analysts’ expectations of $606.55 million. As a group, 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 company also recently declared a — dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. WillScot Mobile Mini’s payout ratio is 186.67%.

Insider Activity at WillScot Mobile Mini

In other WillScot Mobile Mini news, COO Timothy D. Boswell purchased 5,000 shares of the firm’s stock in a transaction on Thursday, March 13th. The stock was purchased at an average cost of $29.14 per share, for a total transaction 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 transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 3.30% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms have commented on WSC. Morgan Stanley upgraded WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $40.00 to $50.00 in a research note on Tuesday, December 17th. Robert W. Baird dropped their price target on 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 reduced 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 note on Monday, March 10th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price 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.