XTX Topco Ltd Cuts Stock Position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

XTX Topco Ltd reduced its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 30.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 21,767 shares of the company’s stock after selling 9,596 shares during the quarter. XTX Topco Ltd’s holdings in WillScot Mobile Mini were worth $728,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Jones Financial Companies Lllp boosted its holdings in 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 purchasing an additional 1,113 shares during the period. Headlands Technologies LLC purchased a new position in shares of WillScot Mobile Mini in the 4th quarter valued at about $174,000. FourThought Financial Partners LLC acquired a new position in shares of WillScot Mobile Mini during the fourth quarter worth about $216,000. Stephens Inc. AR increased its stake in shares of WillScot Mobile Mini by 23.0% during the fourth quarter. Stephens Inc. AR now owns 6,544 shares of the company’s stock worth $219,000 after buying an additional 1,222 shares during the period. Finally, Avanza Fonder AB acquired a new stake in WillScot Mobile Mini in the fourth quarter valued at approximately $224,000. 95.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Morgan Stanley lowered their price target on shares of WillScot Mobile Mini from $50.00 to $38.00 and set an “overweight” rating for the company in a report on Wednesday. Oppenheimer dropped their target price on WillScot Mobile Mini from $41.00 to $38.00 and set an “outperform” rating on the stock in a report on Monday, March 10th. Robert W. Baird lowered their price objective on 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. Finally, Barclays cut their target price on WillScot Mobile Mini from $40.00 to $34.00 and set an “equal weight” rating on the stock in a research report on Friday, April 4th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, WillScot Mobile Mini has a consensus rating of “Moderate Buy” and an average price target of $40.50.

WillScot Mobile Mini Trading Up 0.5 %

NASDAQ:WSC opened at $23.32 on Friday. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42. WillScot Mobile Mini Holdings Corp. has a 52-week low of $21.91 and a 52-week high of $43.80. The stock’s 50 day moving average price is $30.12 and its 200 day moving average price is $34.34. The company has a market capitalization of $4.28 billion, a PE ratio of 155.48, a P/E/G ratio of 2.18 and a beta of 1.25.

WillScot Mobile Mini (NASDAQ:WSC) last announced its earnings results on Thursday, February 20th. The company reported $0.49 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $602.52 million for the quarter, compared to analysts’ expectations of $606.55 million. On average, research analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current year.

WillScot Mobile Mini Dividend Announcement

The business also recently declared a — dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were issued 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 is currently 186.67%.

Insider Activity at WillScot Mobile Mini

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

WillScot Mobile Mini Company 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.