Advantage Alpha Capital Partners LP Has $5.44 Million Position in WillScot Holdings Corporation $WSC

Key Points

• Advantage Alpha Capital Partners LP reduced its stake in WillScot Holdings Corporation by 11.2%, now holding 195,513 shares valued at approximately $5.4 million.
• Institutional investors own 95.81% of WillScot's stock, with significant increases from Amalgamated Bank and GAMMA Investing LLC during the first quarter.
• WillScot announced a quarterly dividend of $0.07 per share, representing an annual yield of 1.2%, with the dividend payment scheduled for September 17th.

Advantage Alpha Capital Partners LP decreased its position in WillScot Holdings Corporation (NASDAQ:WSC - Free Report) by 11.2% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 195,513 shares of the company's stock after selling 24,680 shares during the period. WillScot comprises about 1.3% of Advantage Alpha Capital Partners LP's investment portfolio, making the stock its 20th biggest holding. Advantage Alpha Capital Partners LP owned 0.11% of WillScot worth $5,435,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fifth Third Bancorp raised its holdings in shares of WillScot by 28.0% during the 1st quarter. Fifth Third Bancorp now owns 2,358 shares of the company's stock valued at $66,000 after purchasing an additional 516 shares in the last quarter. Xponance Inc. raised its holdings in shares of WillScot by 4.2% during the 1st quarter. Xponance Inc. now owns 14,101 shares of the company's stock valued at $392,000 after purchasing an additional 568 shares in the last quarter. Avantax Advisory Services Inc. raised its holdings in shares of WillScot by 8.4% during the 1st quarter. Avantax Advisory Services Inc. now owns 7,533 shares of the company's stock valued at $209,000 after purchasing an additional 583 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of WillScot by 273.2% during the 1st quarter. GAMMA Investing LLC now owns 933 shares of the company's stock valued at $26,000 after purchasing an additional 683 shares in the last quarter. Finally, CWM LLC raised its holdings in shares of WillScot by 89.9% during the 1st quarter. CWM LLC now owns 1,747 shares of the company's stock valued at $49,000 after purchasing an additional 827 shares in the last quarter. Institutional investors and hedge funds own 95.81% of the company's stock.

WillScot Stock Performance

WSC traded up $1.52 during trading on Friday, hitting $24.92. The stock had a trading volume of 3,070,392 shares, compared to its average volume of 2,861,227. The firm has a market cap of $4.54 billion, a PE ratio of 41.53, a P/E/G ratio of 2.22 and a beta of 1.20. WillScot Holdings Corporation has a 12 month low of $21.91 and a 12 month high of $42.15. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 3.55. The company has a 50 day simple moving average of $27.56 and a 200-day simple moving average of $28.44.

WillScot (NASDAQ:WSC - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.09). The firm had revenue of $589.08 million during the quarter, compared to the consensus estimate of $587.07 million. WillScot had a return on equity of 24.83% and a net margin of 4.66%.The business's revenue was down 2.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.39 EPS. WillScot has set its FY 2025 guidance at EPS. Analysts expect that WillScot Holdings Corporation will post 1.77 EPS for the current year.

WillScot Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 17th. Shareholders of record on Wednesday, September 3rd will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.1%. The ex-dividend date is Wednesday, September 3rd. WillScot's dividend payout ratio (DPR) is currently 46.67%.

Wall Street Analyst Weigh In

WSC has been the topic of a number of recent research reports. Morgan Stanley cut their price target on shares of WillScot from $39.00 to $37.00 and set an "overweight" rating on the stock in a report on Monday, August 4th. DA Davidson dropped their target price on shares of WillScot from $45.00 to $40.00 and set a "buy" rating on the stock in a report on Friday, August 1st. Finally, William Blair reiterated a "market perform" rating on shares of WillScot in a report on Thursday, May 29th. Three analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat.com, WillScot presently has an average rating of "Hold" and an average price target of $36.00.

Insiders Place Their Bets

In related news, Director Dominick P. Zarcone purchased 10,000 shares of the firm's stock in a transaction on Tuesday, June 17th. The shares were bought at an average cost of $26.19 per share, for a total transaction of $261,900.00. Following the transaction, the director directly owned 15,384 shares of the company's stock, valued at approximately $402,906.96. This trade represents a 185.74% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Bradley Lee Soultz purchased 2,000 shares of the firm's stock in a transaction on Tuesday, August 5th. The stock was bought at an average price of $24.85 per share, for a total transaction of $49,700.00. Following the completion of the transaction, the chief executive officer directly owned 418,376 shares in the company, valued at approximately $10,396,643.60. The trade was a 0.48% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 15,000 shares of company stock worth $387,650 in the last ninety days. Insiders own 3.10% of the company's stock.

About WillScot

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.