Hills Bank & Trust Co Decreases Stock Position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Hills Bank & Trust Co cut its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 34.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,591 shares of the company’s stock after selling 4,427 shares during the period. Hills Bank & Trust Co’s holdings in WillScot Mobile Mini were worth $287,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Jones Financial Companies Lllp raised its stake in WillScot Mobile Mini by 93.5% in the fourth quarter. Jones Financial Companies Lllp now owns 2,303 shares of the company’s stock valued at $77,000 after buying an additional 1,113 shares in the last quarter. First Horizon Advisors Inc. raised its stake in WillScot Mobile Mini by 16.4% in the third quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company’s stock valued at $80,000 after buying an additional 302 shares in the last quarter. KBC Group NV raised its stake in WillScot Mobile Mini by 14.7% in the third quarter. KBC Group NV now owns 5,110 shares of the company’s stock valued at $192,000 after buying an additional 655 shares in the last quarter. FourThought Financial Partners LLC acquired a new stake in WillScot Mobile Mini in the fourth quarter valued at $216,000. Finally, Stephens Inc. AR raised its stake in WillScot Mobile Mini by 23.0% in the fourth quarter. Stephens Inc. AR now owns 6,544 shares of the company’s stock valued at $219,000 after buying an additional 1,222 shares in the last quarter. 95.81% of the stock is currently owned by hedge funds and other institutional investors.

WillScot Mobile Mini Trading Up 4.7 %

Shares of WillScot Mobile Mini stock opened at $29.95 on Friday. WillScot Mobile Mini Holdings Corp. has a fifty-two week low of $27.58 and a fifty-two week high of $47.18. The firm has a market cap of $5.50 billion, a PE ratio of 199.68, a P/E/G ratio of 2.18 and a beta of 1.45. The business’s fifty day moving average is $35.10 and its two-hundred day moving average is $36.40. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42.

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

WillScot Mobile Mini Dividend Announcement

The company also recently announced a — dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th will be given a $0.07 dividend. The ex-dividend date is Wednesday, March 5th. WillScot Mobile Mini’s dividend payout ratio (DPR) is currently 186.67%.

Insider Buying and Selling

In related news, COO Timothy D. Boswell acquired 5,000 shares of the business’s stock in a transaction on Thursday, March 13th. The shares were bought at an average cost of $29.14 per share, with a total value of $145,700.00. Following the completion of the transaction, the chief operating officer now directly owns 34,156 shares of the company’s stock, valued at $995,305.84. This trade represents a 17.15 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.30% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Morgan Stanley upgraded WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $40.00 to $50.00 in a research note on Tuesday, December 17th. Oppenheimer dropped their price target on WillScot Mobile Mini from $41.00 to $38.00 and set an “outperform” rating on the stock in a research report on Monday, March 10th. Finally, Robert W. Baird dropped their target price 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. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, WillScot Mobile Mini currently has an average rating of “Moderate Buy” and an average target price of $42.67.

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.