DF Dent & Co. Inc. Has $12 Million Stock Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

DF Dent & Co. Inc. decreased its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 87.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 358,709 shares of the company’s stock after selling 2,580,128 shares during the quarter. DF Dent & Co. Inc. owned approximately 0.19% of WillScot Mobile Mini worth $11,999,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Impax Asset Management Group plc acquired a new position in WillScot Mobile Mini during the fourth quarter valued at approximately $7,192,000. New York Life Investment Management LLC bought a new stake in shares of WillScot Mobile Mini during the 4th quarter worth $679,000. Geneva Capital Management LLC acquired a new position in WillScot Mobile Mini in the 4th quarter valued at $23,194,000. River Road Asset Management LLC raised its holdings in WillScot Mobile Mini by 14.7% in the 4th quarter. River Road Asset Management LLC now owns 1,616,765 shares of the company’s stock worth $54,081,000 after acquiring an additional 206,962 shares during the period. Finally, TCW Group Inc. lifted its position in WillScot Mobile Mini by 20.1% during the 4th quarter. TCW Group Inc. now owns 46,436 shares of the company’s stock worth $1,553,000 after acquiring an additional 7,763 shares during the last quarter. Institutional investors own 95.81% of the company’s stock.

WillScot Mobile Mini Price Performance

Shares of NASDAQ:WSC opened at $28.99 on Thursday. The business’s 50 day moving average is $33.45 and its 200-day moving average is $35.64. 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 firm has a market capitalization of $5.32 billion, a PE ratio of 193.28, a PEG ratio of 2.18 and a beta of 1.25. WillScot Mobile Mini Holdings Corp. has a 1-year low of $26.91 and a 1-year high of $45.41.

WillScot Mobile Mini (NASDAQ:WSC) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.01. The firm had revenue of $602.52 million for the quarter, compared to analyst estimates of $606.55 million. WillScot Mobile Mini had a net margin of 1.17% and a return on equity of 24.67%. Sell-side analysts predict 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 announced a — dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Wednesday, March 5th. WillScot Mobile Mini’s dividend payout ratio (DPR) is presently 186.67%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on WSC. Robert W. Baird lowered their price target on WillScot Mobile Mini from $38.00 to $32.00 and set a “neutral” rating on the stock in a research report on Monday, March 10th. Oppenheimer lowered their target price on WillScot Mobile Mini from $41.00 to $38.00 and set an “outperform” rating on the stock in a report on Monday, March 10th. Finally, Morgan Stanley upgraded WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $40.00 to $50.00 in a report on Tuesday, December 17th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $42.75.

Insider Activity at WillScot Mobile Mini

In other WillScot Mobile Mini news, COO Timothy D. Boswell bought 5,000 shares of WillScot Mobile Mini stock in a transaction dated Thursday, March 13th. The shares were acquired at an average cost of $29.14 per share, with a total value of $145,700.00. Following the acquisition, the chief operating officer now directly owns 34,156 shares of the company’s stock, valued at $995,305.84. The trade was a 17.15 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Erik Olsson sold 110,307 shares of the firm’s stock in a transaction on 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 sale, the director now directly owns 626,306 shares of the company’s stock, valued at $18,908,178.14. This represents a 14.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.30% of the stock is owned by insiders.

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.