Parkside Financial Bank & Trust Has $38,000 Stock Position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Parkside Financial Bank & Trust cut its holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 35.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,135 shares of the company’s stock after selling 628 shares during the quarter. Parkside Financial Bank & Trust’s holdings in WillScot Mobile Mini were worth $38,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Impax Asset Management Group plc bought a new stake in WillScot Mobile Mini during the 4th quarter worth $7,192,000. Douglass Winthrop Advisors LLC boosted its stake in shares of WillScot Mobile Mini by 32.4% during the third quarter. Douglass Winthrop Advisors LLC now owns 165,143 shares of the company’s stock valued at $6,209,000 after purchasing an additional 40,393 shares in the last quarter. TCW Group Inc. grew its holdings in shares of WillScot Mobile Mini by 20.1% during the fourth quarter. TCW Group Inc. now owns 46,436 shares of the company’s stock worth $1,553,000 after purchasing an additional 7,763 shares during the last quarter. Buck Wealth Strategies LLC increased its stake in shares of WillScot Mobile Mini by 39.6% in the fourth quarter. Buck Wealth Strategies LLC now owns 107,307 shares of the company’s stock valued at $3,589,000 after buying an additional 30,450 shares during the period. Finally, First Sabrepoint Capital Management LP raised its holdings in WillScot Mobile Mini by 17.5% in the 3rd quarter. First Sabrepoint Capital Management LP now owns 238,143 shares of the company’s stock valued at $8,954,000 after buying an additional 35,492 shares during the last quarter. Institutional investors own 95.81% of the company’s stock.

Insider Activity at WillScot Mobile Mini

In related news, insider Graeme Parkes sold 2,900 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $37.01, for a total transaction of $107,329.00. Following the transaction, the insider now owns 72,818 shares in the company, valued at $2,694,994.18. The trade was a 3.83 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.30% of the stock is owned by corporate insiders.

WillScot Mobile Mini Stock Performance

NASDAQ:WSC opened at $31.73 on Tuesday. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.82 and a current ratio of 0.90. WillScot Mobile Mini Holdings Corp. has a fifty-two week low of $31.68 and a fifty-two week high of $48.31. The company has a 50 day simple moving average of $35.84 and a two-hundred day simple moving average of $36.90. The company has a market capitalization of $5.86 billion, a PE ratio of 211.55, a P/E/G ratio of 2.18 and a beta of 1.41.

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

WillScot Mobile Mini Dividend Announcement

The firm also recently disclosed a — dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th will be paid a $0.07 dividend. The ex-dividend date is Wednesday, March 5th. WillScot Mobile Mini’s dividend payout ratio is 186.67%.

Wall Street Analyst Weigh In

Separately, Morgan Stanley raised shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $40.00 to $50.00 in a report on Tuesday, December 17th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, WillScot Mobile Mini currently has an average rating of “Moderate Buy” and a consensus target price of $44.22.

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.