Steward Partners Investment Advisory LLC Sells 2,605 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Steward Partners Investment Advisory LLC trimmed its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 30.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,865 shares of the company’s stock after selling 2,605 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in WillScot Mobile Mini were worth $196,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. 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 report on Monday, March 10th. Robert W. Baird decreased their price objective on shares of WillScot Mobile Mini from $38.00 to $32.00 and set a “neutral” rating for the company in a report on Monday, March 10th. Finally, Morgan Stanley upgraded shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $40.00 to $50.00 in a report on Tuesday, December 17th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $42.67.

WillScot Mobile Mini Price Performance

Shares of WSC opened at $29.95 on Friday. The firm has a market cap of $5.50 billion, a PE ratio of 199.68, a P/E/G 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. The firm has a fifty day simple moving average of $35.10 and a two-hundred day simple moving average of $36.40. WillScot Mobile Mini Holdings Corp. has a 1-year low of $27.58 and a 1-year high of $47.18.

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

WillScot Mobile Mini Announces Dividend

The firm 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 of this dividend is Wednesday, March 5th. WillScot Mobile Mini’s payout ratio is 186.67%.

Insider Activity

In other WillScot Mobile Mini news, COO Timothy D. Boswell acquired 5,000 shares of the business’s stock in a transaction dated 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 transaction, the chief operating officer now directly owns 34,156 shares in the company, valued at approximately $995,305.84. The trade was a 17.15 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.30% of the company’s stock.

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.