WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Sold by TimesSquare Capital Management LLC

TimesSquare Capital Management LLC lowered its stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 9.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 827,945 shares of the company’s stock after selling 89,486 shares during the period. TimesSquare Capital Management LLC’s holdings in WillScot Mobile Mini were worth $27,695,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. 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 acquiring an additional 40,393 shares during the last quarter. Buck Wealth Strategies LLC boosted its stake in shares of WillScot Mobile Mini by 39.6% during the fourth quarter. Buck Wealth Strategies LLC now owns 107,307 shares of the company’s stock valued at $3,589,000 after acquiring an additional 30,450 shares during the last quarter. First Sabrepoint Capital Management LP boosted its stake in shares of WillScot Mobile Mini by 17.5% during the third quarter. First Sabrepoint Capital Management LP now owns 238,143 shares of the company’s stock valued at $8,954,000 after acquiring an additional 35,492 shares during the last quarter. Bislett Management LLC boosted its stake in WillScot Mobile Mini by 3.1% in the 3rd quarter. Bislett Management LLC now owns 1,170,000 shares of the company’s stock worth $43,992,000 after buying an additional 35,000 shares during the last quarter. Finally, Swedbank AB boosted its stake in WillScot Mobile Mini by 229.2% in the 3rd 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 during the last quarter. Institutional investors and hedge funds own 95.81% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on WSC. Baird R W lowered WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 24th. Deutsche Bank Aktiengesellschaft lowered WillScot Mobile Mini from a “buy” rating to a “hold” rating and decreased their price target for the stock from $46.00 to $35.00 in a research note on Thursday, October 31st. Barclays decreased their price target on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Friday, November 1st. Robert W. Baird decreased their price target on WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating on the stock in a research note on Thursday, October 31st. Finally, Morgan Stanley raised WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $40.00 to $50.00 in a research note on Tuesday, December 17th. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, WillScot Mobile Mini presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.50.

WillScot Mobile Mini Stock Performance

NASDAQ WSC opened at $38.51 on Wednesday. The firm has a market capitalization of $7.12 billion, a P/E ratio of 350.12, a P/E/G ratio of 1.98 and a beta of 1.41. WillScot Mobile Mini Holdings Corp. has a 1-year low of $32.57 and a 1-year high of $50.57. 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 business’s 50-day simple moving average is $35.82 and its 200-day simple moving average is $36.87.

Insider Activity

In related news, insider Graeme Parkes sold 2,900 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $37.01, for a total transaction of $107,329.00. Following the sale, the insider now directly owns 72,818 shares in the company, valued at approximately $2,694,994.18. This trade represents a 3.83 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 3.30% of the company’s stock.

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.