WillScot Holdings Corporation $WSC Stock Holdings Trimmed by Douglas Lane & Associates LLC

Key Points

• Douglas Lane & Associates trimmed its stake in WillScot by 4.9% in Q4, selling 83,749 shares and now holds 1,616,233 shares (about 0.89% of the company) valued at roughly $30.43 million.
• Q4 results missed on EPS ($0.29 vs. $0.33 expected) while revenue was $565.97 million (beat expectations) but down 6.1% year‑over‑year and the company reported a negative net margin of 2.32%.
• Market and analyst snapshot: shares trade near $18.67 with a $3.38B market cap and a 1‑year range of $14.91–$31.88; analysts’ consensus is a “Hold” with an average target of $23.50, and the company pays a $0.07 quarterly dividend (~1.5% yield).

Douglas Lane & Associates LLC lowered its holdings in shares of WillScot Holdings Corporation (NASDAQ:WSC - Free Report) by 4.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,616,233 shares of the company's stock after selling 83,749 shares during the period. Douglas Lane & Associates LLC owned approximately 0.89% of WillScot worth $30,434,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Thompson Investment Management Inc. raised its stake in WillScot by 122.3% during the 4th quarter. Thompson Investment Management Inc. now owns 40,541 shares of the company's stock valued at $763,000 after acquiring an additional 22,300 shares in the last quarter. Assenagon Asset Management S.A. bought a new stake in WillScot during the 4th quarter valued at $13,862,000. Central Pacific Bank Trust Division raised its stake in WillScot by 21.8% during the 4th quarter. Central Pacific Bank Trust Division now owns 21,431 shares of the company's stock valued at $404,000 after acquiring an additional 3,842 shares in the last quarter. CIBC Private Wealth Group LLC raised its stake in WillScot by 130.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 2,766 shares of the company's stock valued at $58,000 after acquiring an additional 1,565 shares in the last quarter. Finally, Danske Bank A S acquired a new position in shares of WillScot during the 3rd quarter valued at $44,000. Institutional investors own 95.81% of the company's stock.

WillScot Stock Performance

Shares of WSC stock opened at $18.67 on Friday. WillScot Holdings Corporation has a 1-year low of $14.91 and a 1-year high of $31.88. The company has a current ratio of 0.86, a quick ratio of 0.78 and a debt-to-equity ratio of 4.15. The company has a market capitalization of $3.38 billion, a price-to-earnings ratio of -62.23, a P/E/G ratio of 1.38 and a beta of 1.16. The stock's fifty day simple moving average is $19.83 and its 200-day simple moving average is $20.24.

WillScot (NASDAQ:WSC - Get Free Report) last issued its quarterly earnings results on Thursday, February 19th. The company reported $0.29 earnings per share for the quarter, missing analysts' consensus estimates of $0.33 by ($0.04). WillScot had a negative net margin of 2.32% and a positive return on equity of 20.42%. The business had revenue of $565.97 million for the quarter, compared to analysts' expectations of $545.34 million. During the same quarter in the prior year, the firm posted $0.48 EPS. The business's quarterly revenue was down 6.1% compared to the same quarter last year. On average, sell-side analysts predict that WillScot Holdings Corporation will post 1.77 earnings per share for the current fiscal year.

WillScot Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were issued a dividend of $0.07 per share. The ex-dividend date was Wednesday, March 4th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.5%. WillScot's payout ratio is currently -93.33%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Barclays lifted their price target on WillScot from $18.00 to $22.00 and gave the company an "equal weight" rating in a research report on Friday, March 6th. Robert W. Baird reiterated a "neutral" rating and set a $23.00 price target (up from $22.00) on shares of WillScot in a research report on Wednesday, January 21st. Zacks Research upgraded WillScot from a "strong sell" rating to a "hold" rating in a research report on Tuesday, February 24th. William Blair reiterated a "market perform" rating on shares of WillScot in a research report on Thursday, March 5th. Finally, Wall Street Zen cut WillScot from a "hold" rating to a "sell" rating in a research report on Monday, February 23rd. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $23.50.

WillScot Company Profile

WillScot NASDAQ: WSC is a leading North American provider of modular space and portable storage solutions. The company designs, manufactures, leases and sells temporary and permanent modular buildings to serve sectors such as education, healthcare, construction, industrial and government. Its modular space offerings range from single‐unit office trailers and classrooms to complex multi‐unit configurations tailored to diverse project requirements.

In addition to modular structures, WillScot offers a broad portfolio of portable storage containers and related services, including site logistics, customization, delivery and installation.

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