HighTower Advisors LLC Sells 5,349 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

HighTower Advisors LLC decreased its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 16.4% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 27,337 shares of the company’s stock after selling 5,349 shares during the period. HighTower Advisors LLC’s holdings in WillScot Mobile Mini were worth $914,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp boosted its stake 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 buying an additional 1,113 shares during the last quarter. FourThought Financial Partners LLC bought a new stake in WillScot Mobile Mini during the fourth quarter worth about $216,000. Stephens Inc. AR boosted its position in WillScot Mobile Mini by 23.0% during the fourth 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. Avanza Fonder AB bought a new position in WillScot Mobile Mini in the fourth quarter valued at approximately $224,000. Finally, KBC Group NV increased its position in shares of WillScot Mobile Mini by 53.7% during the 4th quarter. KBC Group NV now owns 7,854 shares of the company’s stock worth $263,000 after purchasing an additional 2,744 shares during the last quarter. Institutional investors own 95.81% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on WSC. Robert W. Baird cut their price objective on WillScot Mobile Mini from $38.00 to $32.00 and set a “neutral” rating for the company in a report on Monday, March 10th. Morgan Stanley upgraded shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $40.00 to $50.00 in a research note on Tuesday, December 17th. Finally, Oppenheimer decreased their price objective 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 equities 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 stock presently has a consensus rating of “Moderate Buy” and an average price target of $42.67.

WillScot Mobile Mini Trading Up 0.5 %

WSC stock opened at $29.31 on Friday. 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 $5.38 billion, a price-to-earnings ratio of 195.41, a price-to-earnings-growth ratio of 2.18 and a beta of 1.45. The company has a fifty day moving average price of $34.22 and a two-hundred day moving average price of $35.93. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82.

WillScot Mobile Mini (NASDAQ:WSC) last announced its earnings results on Thursday, February 20th. The company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.48 by $0.01. The business had revenue of $602.52 million during the quarter, compared to the consensus estimate of $606.55 million. WillScot Mobile Mini had a net margin of 1.17% and a return on equity of 24.67%. Equities analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current year.

WillScot Mobile Mini Announces Dividend

The company also recently announced a — dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th were given a $0.07 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. WillScot Mobile Mini’s payout ratio is 186.67%.

Insider Transactions at WillScot Mobile Mini

In other WillScot Mobile Mini news, COO Timothy D. Boswell acquired 5,000 shares of the business’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 acquisition, the chief operating officer now directly 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Erik Olsson sold 110,307 shares of the stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $30.19, for a total transaction of $3,330,168.33. Following the transaction, the director now owns 626,306 shares in the company, valued at approximately $18,908,178.14. The trade was a 14.97 % decrease in their position. The disclosure for this sale can be found here. 3.30% of the stock is owned by corporate insiders.

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.