Signaturefd LLC Lowers Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Signaturefd LLC reduced its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 42.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 998 shares of the company’s stock after selling 747 shares during the quarter. Signaturefd LLC’s holdings in WillScot Mobile Mini were worth $33,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of WSC. Jones Financial Companies Lllp boosted its stake in shares of WillScot Mobile Mini by 93.5% in the fourth quarter. Jones Financial Companies Lllp now owns 2,303 shares of the company’s stock valued at $77,000 after buying an additional 1,113 shares in the last quarter. FourThought Financial Partners LLC purchased a new stake in shares of WillScot Mobile Mini during the 4th quarter worth $216,000. Stephens Inc. AR grew its stake in shares of WillScot Mobile Mini by 23.0% during the 4th quarter. Stephens Inc. AR now owns 6,544 shares of the company’s stock worth $219,000 after purchasing an additional 1,222 shares during the period. Avanza Fonder AB purchased a new position in shares of WillScot Mobile Mini in the 4th quarter valued at about $224,000. Finally, Avantax Advisory Services Inc. acquired a new stake in shares of WillScot Mobile Mini in the fourth quarter valued at about $232,000. Hedge funds and other institutional investors own 95.81% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on WSC shares. Oppenheimer lowered their target price on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an “outperform” rating on the stock in a research report on Monday, March 10th. Robert W. Baird lowered their price target on WillScot Mobile Mini from $38.00 to $32.00 and set a “neutral” rating on the stock in a report on Monday, March 10th. Finally, Morgan Stanley raised WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $40.00 to $50.00 in a report on Tuesday, December 17th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $42.67.

WillScot Mobile Mini Price Performance

NASDAQ:WSC opened at $29.87 on Wednesday. WillScot Mobile Mini Holdings Corp. has a 12-month low of $27.58 and a 12-month high of $46.75. The firm has a market cap 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. The company’s 50-day moving average is $34.51 and its two-hundred day moving average is $36.03. 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 (NASDAQ:WSC) last announced its quarterly earnings data 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. The business had revenue of $602.52 million for 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%. Research analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current year.

WillScot Mobile Mini Announces Dividend

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

Insider Buying and Selling

In related news, COO Timothy D. Boswell acquired 5,000 shares of the stock in a transaction dated Thursday, March 13th. The stock was bought at an average cost of $29.14 per share, with a total value of $145,700.00. Following the purchase, the chief operating officer now directly owns 34,156 shares of the company’s stock, valued at approximately $995,305.84. This represents a 17.15 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Erik Olsson sold 110,307 shares of the 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 completion of the transaction, the director now directly owns 626,306 shares in the company, valued at $18,908,178.14. This trade represents a 14.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.30% of the stock is currently owned by company insiders.

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.