Kennedy Capital Management LLC Sells 22,434 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Kennedy Capital Management LLC decreased its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 14.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 131,372 shares of the company's stock after selling 22,434 shares during the period. Kennedy Capital Management LLC owned about 0.07% of WillScot Mobile Mini worth $4,394,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of WSC. Franklin Resources Inc. raised its stake in shares of WillScot Mobile Mini by 34.4% in the fourth quarter. Franklin Resources Inc. now owns 10,314,494 shares of the company's stock worth $345,020,000 after acquiring an additional 2,639,559 shares during the last quarter. William Blair Investment Management LLC raised its position in WillScot Mobile Mini by 13.6% in the 4th quarter. William Blair Investment Management LLC now owns 5,555,481 shares of the company's stock worth $185,831,000 after purchasing an additional 664,805 shares during the last quarter. FMR LLC lifted its holdings in WillScot Mobile Mini by 12.0% during the 4th quarter. FMR LLC now owns 5,554,101 shares of the company's stock worth $185,785,000 after buying an additional 595,063 shares in the last quarter. State Street Corp boosted its position in WillScot Mobile Mini by 2.3% in the 3rd quarter. State Street Corp now owns 3,346,779 shares of the company's stock valued at $125,839,000 after buying an additional 74,212 shares during the last quarter. Finally, Swedbank AB increased its stake in shares of WillScot Mobile Mini by 3.0% in the 4th quarter. Swedbank AB now owns 3,324,000 shares of the company's stock valued at $111,188,000 after buying an additional 98,000 shares during the period. 95.81% of the stock is owned by institutional investors and hedge funds.

WillScot Mobile Mini Stock Up 0.5 %

Shares of WillScot Mobile Mini stock traded up $0.11 during trading on Friday, reaching $23.32. The stock had a trading volume of 2,962,898 shares, compared to its average volume of 2,739,206. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42. The company has a market capitalization of $4.28 billion, a price-to-earnings ratio of 155.48, a P/E/G ratio of 2.18 and a beta of 1.25. The stock has a fifty day moving average price of $30.12 and a two-hundred day moving average price of $34.34. WillScot Mobile Mini Holdings Corp. has a 52 week low of $21.91 and a 52 week high of $43.80.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.49 earnings per share for the quarter, topping analysts' consensus estimates of $0.48 by $0.01. The firm had revenue of $602.52 million during the quarter, compared to the consensus estimate of $606.55 million. WillScot Mobile Mini had a return on equity of 24.67% and a net margin of 1.17%. Sell-side analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current fiscal year.

WillScot Mobile Mini Dividend Announcement

The firm also recently disclosed a -- dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th were paid a dividend of $0.07 per share. The ex-dividend date was Wednesday, March 5th. WillScot Mobile Mini's dividend payout ratio is 186.67%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Morgan Stanley decreased their price target on WillScot Mobile Mini from $50.00 to $38.00 and set an "overweight" rating on the stock in a report on Wednesday. Barclays reduced their target price on shares of WillScot Mobile Mini from $40.00 to $34.00 and set an "equal weight" rating on the stock in a research note on Friday, April 4th. Robert W. Baird dropped their price target on shares of WillScot Mobile Mini from $38.00 to $32.00 and set a "neutral" rating for the company in a research note on Monday, March 10th. Finally, Oppenheimer reduced their price objective on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an "outperform" rating on the stock in a research note on Monday, March 10th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $40.50.

Insider Activity

In other news, Director Erik Olsson sold 110,307 shares of WillScot Mobile Mini 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 of the company's stock, valued at $18,908,178.14. This trade represents a 14.97 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Timothy D. Boswell bought 5,000 shares of the company's stock in a transaction dated Thursday, March 13th. The stock was purchased at an average cost of $29.14 per share, for a total transaction of $145,700.00. Following the completion of the acquisition, the chief operating officer now owns 34,156 shares in the company, 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 owned by corporate insiders.

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.