Dynasty Wealth Management LLC Sells 23,525 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Dynasty Wealth Management LLC trimmed its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 57.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,327 shares of the company’s stock after selling 23,525 shares during the period. Dynasty Wealth Management LLC’s holdings in WillScot Mobile Mini were worth $580,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in WSC. Impax Asset Management Group plc bought a new stake in WillScot Mobile Mini during the fourth quarter valued at about $7,192,000. Douglass Winthrop Advisors LLC boosted its position in WillScot Mobile Mini by 32.4% during the third quarter. Douglass Winthrop Advisors LLC now owns 165,143 shares of the company’s stock valued at $6,209,000 after purchasing an additional 40,393 shares in the last quarter. Buck Wealth Strategies LLC boosted its holdings in shares of WillScot Mobile Mini by 39.6% in the 4th quarter. Buck Wealth Strategies LLC now owns 107,307 shares of the company’s stock valued at $3,589,000 after buying an additional 30,450 shares in the last quarter. First Sabrepoint Capital Management LP boosted its holdings in shares of WillScot Mobile Mini by 17.5% in the 3rd quarter. First Sabrepoint Capital Management LP now owns 238,143 shares of the company’s stock valued at $8,954,000 after buying an additional 35,492 shares in the last quarter. Finally, TCW Group Inc. boosted its holdings in shares of WillScot Mobile Mini by 20.1% in the 4th quarter. TCW Group Inc. now owns 46,436 shares of the company’s stock valued at $1,553,000 after buying an additional 7,763 shares in the last quarter. 95.81% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Morgan Stanley upgraded shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $40.00 to $50.00 in a research note on Tuesday, December 17th. Barclays lowered their price objective on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating for the company in a research report on Friday, November 1st. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $44.22.

Insider Activity

In related news, insider Graeme Parkes sold 2,900 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $37.01, for a total value of $107,329.00. Following the completion of the transaction, the insider now directly owns 72,818 shares in the company, valued at $2,694,994.18. The trade was a 3.83 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 3.30% of the company’s stock.

WillScot Mobile Mini Stock Performance

WSC opened at $32.95 on Friday. The firm has a 50 day moving average of $35.88 and a two-hundred day moving average of $36.91. The firm has a market capitalization of $6.09 billion, a PE ratio of 219.68, a P/E/G ratio of 2.18 and a beta of 1.41. 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 12-month low of $32.57 and a 12-month high of $48.52.

WillScot Mobile Mini (NASDAQ:WSC) last posted its earnings results on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. The company had revenue of $602.52 million during the quarter, compared to the consensus estimate of $606.55 million. WillScot Mobile Mini had a net margin of 1.17% and a return on equity of 24.67%. On average, analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current year.

WillScot Mobile Mini Dividend Announcement

The business also recently disclosed a — dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th will be issued a $0.07 dividend. The ex-dividend date is Wednesday, March 5th. WillScot Mobile Mini’s dividend payout ratio (DPR) is presently 186.67%.

WillScot Mobile Mini 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.