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

Voya Investment Management LLC trimmed its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 25.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 38,752 shares of the company's stock after selling 13,393 shares during the period. Voya Investment Management LLC's holdings in WillScot Mobile Mini were worth $1,296,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in WSC. Barclays PLC grew its stake in WillScot Mobile Mini by 770.3% during the third quarter. Barclays PLC now owns 353,485 shares of the company's stock valued at $13,292,000 after acquiring an additional 312,867 shares in the last quarter. Tidal Investments LLC raised its stake in WillScot Mobile Mini by 44.6% during the 3rd quarter. Tidal Investments LLC now owns 11,975 shares of the company's stock worth $450,000 after acquiring an additional 3,692 shares during the period. Retirement Systems of Alabama raised its position in shares of WillScot Mobile Mini by 7.9% during the third quarter. Retirement Systems of Alabama now owns 124,985 shares of the company's stock valued at $4,699,000 after buying an additional 9,159 shares during the last quarter. Everence Capital Management Inc. bought a new position in WillScot Mobile Mini during the fourth quarter valued at $279,000. Finally, Douglas Lane & Associates LLC grew its holdings in shares of WillScot Mobile Mini by 379.1% in the fourth quarter. Douglas Lane & Associates LLC now owns 997,693 shares of the company's stock worth $33,373,000 after purchasing an additional 789,445 shares during the last quarter. Institutional investors and hedge funds own 95.81% of the company's stock.

Insider Transactions at WillScot Mobile Mini

In other WillScot Mobile Mini news, Director Erik Olsson sold 110,307 shares of the company's stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $30.19, for a total transaction of $3,330,168.33. Following the completion of the transaction, the director now directly owns 626,306 shares in the company, valued at approximately $18,908,178.14. This represents a 14.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Bradley Lee Soultz bought 10,000 shares of WillScot Mobile Mini stock in a transaction dated Tuesday, May 6th. The stock was acquired at an average price of $26.79 per share, with a total value of $267,900.00. Following the completion of the transaction, the chief executive officer now directly owns 128,817 shares of the company's stock, valued at approximately $3,451,007.43. The trade was a 8.42% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 3.30% of the company's stock.

WillScot Mobile Mini Price Performance

NASDAQ WSC traded down $0.77 on Friday, hitting $26.93. 2,740,310 shares of the company's stock were exchanged, compared to its average volume of 2,702,856. WillScot Mobile Mini Holdings Corp. has a 52 week low of $21.91 and a 52 week high of $43.80. The stock has a market cap of $4.94 billion, a price-to-earnings ratio of 179.55, a P/E/G ratio of 2.18 and a beta of 1.28. 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 stock has a 50-day moving average of $26.80 and a 200-day moving average of $32.97.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by ($0.04). WillScot Mobile Mini had a return on equity of 24.67% and a net margin of 1.17%. The firm had revenue of $559.55 million for the quarter, compared to analysts' expectations of $555.51 million. During the same period in the prior year, the firm earned $0.29 earnings per share. WillScot Mobile Mini's revenue was down 4.7% compared to the same quarter last year. Analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.77 earnings per share for the current year.

WillScot Mobile Mini Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Wednesday, June 4th will be issued a $0.07 dividend. The ex-dividend date is Wednesday, June 4th. This represents a $0.28 annualized dividend and a yield of 1.04%. WillScot Mobile Mini's dividend payout ratio (DPR) is presently 311.11%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Morgan Stanley cut their price target on shares of WillScot Mobile Mini from $50.00 to $38.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. Barclays cut their price target on 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 decreased their target price 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 target on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an "outperform" rating for the company in a research report on Monday, March 10th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, WillScot Mobile Mini presently has a consensus rating of "Moderate Buy" and an average price target of $40.50.

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.