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

Voya Investment Management LLC trimmed its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 25.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,752 shares of the company's stock after selling 13,393 shares during the quarter. Voya Investment Management LLC's holdings in WillScot Mobile Mini were worth $1,296,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of WSC. Franklin Resources Inc. raised its stake in WillScot Mobile Mini by 34.4% in the fourth quarter. Franklin Resources Inc. now owns 10,314,494 shares of the company's stock valued at $345,020,000 after buying an additional 2,639,559 shares during the last quarter. William Blair Investment Management LLC boosted its stake 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 in the last quarter. FMR LLC grew its position 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 purchasing an additional 595,063 shares during the last quarter. Capital International Investors raised its holdings in shares of WillScot Mobile Mini by 20.3% in the fourth quarter. Capital International Investors now owns 5,307,738 shares of the company's stock worth $177,544,000 after buying an additional 897,184 shares during the last quarter. Finally, Swedbank AB raised its holdings in shares of WillScot Mobile Mini by 3.0% in the fourth quarter. Swedbank AB now owns 3,324,000 shares of the company's stock worth $111,188,000 after buying an additional 98,000 shares during the last quarter. Hedge funds and other institutional investors own 95.81% of the company's stock.

Insider Buying and Selling at WillScot Mobile Mini

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

WillScot Mobile Mini Price Performance

Shares of WillScot Mobile Mini stock traded down $0.77 during trading hours on Friday, reaching $26.93. The stock had a trading volume of 2,740,310 shares, compared to its average volume of 2,699,127. The stock's 50 day moving average is $26.86 and its 200 day moving average is $33.11. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42. WillScot Mobile Mini Holdings Corp. has a twelve month low of $21.91 and a twelve month high of $43.80. The firm has a market capitalization of $4.94 billion, a PE ratio of 179.55, a PEG ratio of 2.18 and a beta of 1.28.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.24 earnings per share 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 business had revenue of $559.55 million during the quarter, compared to analyst estimates of $555.51 million. During the same period in the previous year, the company posted $0.29 EPS. The business's revenue for the quarter was down 4.7% compared to the same quarter last year. Equities analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.77 earnings per share for the current fiscal year.

WillScot Mobile Mini Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, June 4th will be paid a dividend of $0.07 per share. The ex-dividend date is Wednesday, June 4th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.04%. WillScot Mobile Mini's dividend payout ratio is currently 311.11%.

Wall Street Analyst Weigh In

WSC has been the subject of a number of research analyst reports. Morgan Stanley reduced their target price on WillScot Mobile Mini from $50.00 to $38.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Barclays decreased their target price on WillScot Mobile Mini from $40.00 to $34.00 and set an "equal weight" rating for the company in a report on Friday, April 4th. Robert W. Baird cut their price target on shares of WillScot Mobile Mini from $38.00 to $32.00 and set a "neutral" rating on the stock in a report on Monday, March 10th. Finally, Oppenheimer decreased their price objective on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an "outperform" rating for the company in a research note on Monday, March 10th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus 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.