Douglass Winthrop Advisors LLC Sells 13,274 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Douglass Winthrop Advisors LLC lowered its holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 8.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 151,869 shares of the company’s stock after selling 13,274 shares during the quarter. Douglass Winthrop Advisors LLC’s holdings in WillScot Mobile Mini were worth $5,080,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Swedbank AB grew its position in WillScot Mobile Mini by 229.2% during the third quarter. Swedbank AB now owns 3,226,000 shares of the company’s stock worth $121,298,000 after buying an additional 2,246,000 shares in the last quarter. Van Berkom & Associates Inc. bought a new stake in shares of WillScot Mobile Mini during the 4th quarter valued at $58,855,000. Douglas Lane & Associates LLC grew its holdings in shares of WillScot Mobile Mini by 379.1% during the 4th quarter. Douglas Lane & Associates LLC now owns 997,693 shares of the company’s stock worth $33,373,000 after purchasing an additional 789,445 shares in the last quarter. Geneva Capital Management LLC bought a new position in shares of WillScot Mobile Mini in the fourth quarter worth $23,194,000. Finally, William Blair Investment Management LLC raised its stake in WillScot Mobile Mini by 13.6% in the fourth quarter. William Blair Investment Management LLC now owns 5,555,481 shares of the company’s stock valued at $185,831,000 after purchasing an additional 664,805 shares in the last quarter. Institutional investors and hedge funds own 95.81% of the company’s stock.

WillScot Mobile Mini Price Performance

WSC stock opened at $30.28 on Friday. The stock has a market cap of $5.56 billion, a price-to-earnings ratio of 201.88, a P/E/G ratio of 2.18 and a beta of 1.45. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82. The company has a 50 day simple moving average of $34.81 and a 200 day simple moving average of $36.19. 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 quarterly earnings results on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, topping 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 company had revenue of $602.52 million during the quarter, compared to the consensus estimate of $606.55 million. Research analysts anticipate 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 declared a — dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th were paid a dividend of $0.07 per share. The ex-dividend date was Wednesday, March 5th. WillScot Mobile Mini’s payout ratio is 186.67%.

Wall Street Analysts Forecast Growth

WSC has been the topic of a number of analyst reports. Robert W. Baird reduced their price objective 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. Morgan Stanley upgraded shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $40.00 to $50.00 in a research report on Tuesday, December 17th. Finally, Oppenheimer lowered 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 analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $42.67.

Insider Transactions at WillScot Mobile Mini

In other WillScot Mobile Mini news, COO Timothy D. Boswell purchased 5,000 shares of the company’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 completion of the purchase, the chief operating officer now owns 34,156 shares of the company’s stock, valued at approximately $995,305.84. The trade was a 17.15 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, 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 shares were sold at an average price of $30.19, for a total value of $3,330,168.33. Following the completion of the sale, the director now 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 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.