Bislett Management LLC Sells 60,000 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Bislett Management LLC decreased its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 5.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,110,000 shares of the company’s stock after selling 60,000 shares during the period. WillScot Mobile Mini comprises approximately 26.3% of Bislett Management LLC’s portfolio, making the stock its largest position. Bislett Management LLC’s holdings in WillScot Mobile Mini were worth $37,130,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Carnegie Lake Advisors LLC grew its stake in WillScot Mobile Mini by 0.5% in the fourth quarter. Carnegie Lake Advisors LLC now owns 54,580 shares of the company’s stock valued at $1,826,000 after acquiring an additional 280 shares during the period. Sciencast Management LP lifted its holdings in shares of WillScot Mobile Mini by 0.9% during the 4th quarter. Sciencast Management LP now owns 56,961 shares of the company’s stock valued at $1,905,000 after purchasing an additional 491 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of WillScot Mobile Mini by 93.5% in the 4th 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 period. Stephens Inc. AR increased its stake in 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 in the last quarter. Finally, Levin Capital Strategies L.P. raised its holdings in WillScot Mobile Mini by 17.0% during the 4th quarter. Levin Capital Strategies L.P. now owns 8,770 shares of the company’s stock worth $293,000 after buying an additional 1,272 shares during the period. Institutional investors own 95.81% of the company’s stock.

Wall Street Analysts Forecast Growth

WSC has been the subject of several research reports. Robert W. Baird lowered 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 research report on Monday, March 10th. Morgan Stanley raised shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $40.00 to $50.00 in a research note on Tuesday, December 17th. Finally, Oppenheimer dropped their price target 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. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, WillScot Mobile Mini currently has a consensus rating of “Moderate Buy” and an average price target of $42.75.

Insider Buying and Selling 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 that occurred on Thursday, March 13th. The shares were acquired at an average price of $29.14 per share, for a total transaction of $145,700.00. Following the purchase, the chief operating officer now owns 34,156 shares in the company, valued at approximately $995,305.84. The trade was a 17.15 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Erik Olsson sold 110,307 shares of the firm’s 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 sale, the director now directly owns 626,306 shares of the company’s stock, valued at $18,908,178.14. This represents a 14.97 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 3.30% of the company’s stock.

WillScot Mobile Mini Trading Up 5.5 %

WillScot Mobile Mini stock opened at $28.99 on Thursday. 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 firm has a 50-day moving average of $33.45 and a 200-day moving average of $35.64. The company has a market cap of $5.32 billion, a price-to-earnings ratio of 193.28, a P/E/G ratio of 2.18 and a beta of 1.25. WillScot Mobile Mini Holdings Corp. has a one year low of $26.91 and a one year high of $45.41.

WillScot Mobile Mini (NASDAQ:WSC) last posted its quarterly 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. WillScot Mobile Mini had a return on equity of 24.67% and a net margin of 1.17%. The firm had revenue of $602.52 million during the quarter, compared to the consensus estimate of $606.55 million. On average, equities analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.77 earnings per share for the current fiscal year.

WillScot Mobile Mini Dividend Announcement

The company also recently declared a — dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were given a dividend of $0.07 per share. The ex-dividend date of this dividend 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.