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

Redmond Asset Management LLC cut its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 2.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 44,491 shares of the company’s stock after selling 1,000 shares during the period. Redmond Asset Management LLC’s holdings in WillScot Mobile Mini were worth $1,488,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of WSC. Douglass Winthrop Advisors LLC raised its holdings 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 buying an additional 40,393 shares during the last quarter. Buck Wealth Strategies LLC raised its holdings in WillScot Mobile Mini by 39.6% during the fourth quarter. Buck Wealth Strategies LLC now owns 107,307 shares of the company’s stock worth $3,589,000 after purchasing an additional 30,450 shares in the last quarter. First Sabrepoint Capital Management LP increased its holdings in shares of WillScot Mobile Mini by 17.5% in the third 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 in the last quarter. Bislett Management LLC increased its holdings in shares of WillScot Mobile Mini by 3.1% in the third quarter. Bislett Management LLC now owns 1,170,000 shares of the company’s stock valued at $43,992,000 after buying an additional 35,000 shares in the last quarter. Finally, Swedbank AB raised its stake in WillScot Mobile Mini by 229.2% during the 3rd quarter. Swedbank AB now owns 3,226,000 shares of the company’s stock valued at $121,298,000 after purchasing an additional 2,246,000 shares during the period. 95.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other WillScot Mobile Mini news, insider Graeme Parkes sold 2,900 shares of the business’s stock in a transaction that occurred 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 sale, the insider now directly owns 72,818 shares of the company’s stock, 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 SEC, which can be accessed through this link. 3.30% of the stock is owned by corporate insiders.

WillScot Mobile Mini Price Performance

Shares of WillScot Mobile Mini stock opened at $35.27 on Friday. WillScot Mobile Mini Holdings Corp. has a twelve month low of $32.57 and a twelve month high of $49.98. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42. The company has a 50-day simple moving average of $35.96 and a two-hundred day simple moving average of $36.92. The stock has a market capitalization of $6.52 billion, a price-to-earnings ratio of 235.15, a price-to-earnings-growth ratio of 2.18 and a beta of 1.41.

WillScot Mobile Mini (NASDAQ:WSC) last issued its earnings results on Thursday, February 20th. The company reported $0.49 EPS for the quarter, beating 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%. Analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current year.

WillScot Mobile Mini Announces Dividend

The business also recently disclosed a — dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Wednesday, March 5th.

Analysts Set New Price Targets

Several research firms have recently commented on WSC. Morgan Stanley upgraded shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $40.00 to $50.00 in a report on Tuesday, December 17th. Robert W. Baird decreased their price target on shares of WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating for the company in a report on Thursday, October 31st. Barclays cut their price objective on shares of WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating for the company in a research report on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft cut shares of WillScot Mobile Mini from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $46.00 to $35.00 in a research note on Thursday, October 31st. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $44.22.

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.