WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Sold by Signaturefd LLC

Signaturefd LLC trimmed its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 42.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 998 shares of the company’s stock after selling 747 shares during the period. Signaturefd LLC’s holdings in WillScot Mobile Mini were worth $33,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Pathstone Holdings LLC grew its position in WillScot Mobile Mini by 40.9% in the 3rd quarter. Pathstone Holdings LLC now owns 42,549 shares of the company’s stock valued at $1,600,000 after acquiring an additional 12,346 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of WillScot Mobile Mini by 2.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,533,170 shares of the company’s stock valued at $57,647,000 after purchasing an additional 43,747 shares in the last quarter. Fisher Asset Management LLC increased its stake in WillScot Mobile Mini by 58.3% during the 3rd quarter. Fisher Asset Management LLC now owns 1,043,055 shares of the company’s stock worth $39,219,000 after buying an additional 384,270 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in WillScot Mobile Mini by 9.6% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 47,437 shares of the company’s stock worth $1,784,000 after buying an additional 4,140 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in WillScot Mobile Mini by 5.7% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 43,376 shares of the company’s stock valued at $1,631,000 after buying an additional 2,340 shares during the period. 95.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently issued reports on WSC. Oppenheimer reduced their price objective on 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. Morgan Stanley upgraded WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $40.00 to $50.00 in a research note on Tuesday, December 17th. Finally, 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. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, WillScot Mobile Mini has an average rating of “Moderate Buy” and an average target price of $42.67.

Insider Activity

In other WillScot Mobile Mini news, COO Timothy D. Boswell acquired 5,000 shares of the stock in a transaction on Thursday, March 13th. The shares were bought at an average cost 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 of the company’s stock, valued at approximately $995,305.84. This trade represents a 17.15 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Erik Olsson sold 110,307 shares of the company’s stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $30.19, for a total transaction of $3,330,168.33. Following the completion of the sale, the director now directly owns 626,306 shares of the company’s stock, valued at $18,908,178.14. The trade was a 14.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 3.30% of the company’s stock.

WillScot Mobile Mini Stock Performance

Shares of WSC opened at $29.87 on Wednesday. The company has a market capitalization of $5.48 billion, a price-to-earnings ratio of 199.15, a price-to-earnings-growth ratio of 2.18 and a beta of 1.45. WillScot Mobile Mini Holdings Corp. has a 52-week low of $27.58 and a 52-week high of $46.75. 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 stock has a 50 day moving average price of $34.51 and a 200 day moving average price of $36.03.

WillScot Mobile Mini (NASDAQ:WSC) last issued its earnings results on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate 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. Research analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current fiscal year.

WillScot Mobile Mini Dividend Announcement

The company also recently announced a — dividend, which was paid on Wednesday, March 19th. Stockholders 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 dividend payout ratio (DPR) is currently 186.67%.

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.