WillScot Holdings Corporation $WSC Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp lessened its holdings in WillScot Holdings Corporation (NASDAQ:WSC) by 24.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 156,588 shares of the company’s stock after selling 50,486 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in WillScot were worth $3,306,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of WSC. Osborne Partners Capital Management LLC boosted its holdings in shares of WillScot by 3.7% in the 3rd quarter. Osborne Partners Capital Management LLC now owns 369,383 shares of the company’s stock valued at $7,798,000 after acquiring an additional 13,098 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in shares of WillScot by 69.2% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 17,504 shares of the company’s stock worth $370,000 after purchasing an additional 7,160 shares during the last quarter. Evergreen Capital Management LLC acquired a new position in WillScot during the third quarter valued at $270,000. Nisa Investment Advisors LLC boosted its holdings in WillScot by 22.9% in the third quarter. Nisa Investment Advisors LLC now owns 2,911 shares of the company’s stock valued at $61,000 after purchasing an additional 543 shares during the last quarter. Finally, SG Americas Securities LLC boosted its holdings in WillScot by 632.2% in the third quarter. SG Americas Securities LLC now owns 46,654 shares of the company’s stock valued at $985,000 after purchasing an additional 40,282 shares during the last quarter. 95.81% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on WSC shares. Weiss Ratings reiterated a “sell (d+)” rating on shares of WillScot in a research note on Wednesday, January 21st. Wall Street Zen upgraded WillScot from a “sell” rating to a “hold” rating in a research report on Saturday, January 17th. DA Davidson decreased their price target on WillScot from $35.00 to $32.00 and set a “buy” rating for the company in a report on Monday, November 10th. Barclays dropped their price objective on shares of WillScot from $22.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Monday, November 10th. Finally, Robert W. Baird reiterated a “neutral” rating and issued a $23.00 target price (up from $22.00) on shares of WillScot in a research note on Wednesday, January 21st. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $26.88.

WillScot Stock Down 0.2%

Shares of WSC opened at $20.19 on Friday. The firm has a market cap of $3.67 billion, a P/E ratio of 16.69, a PEG ratio of 1.84 and a beta of 1.11. WillScot Holdings Corporation has a 12 month low of $14.91 and a 12 month high of $39.12. The stock’s 50 day moving average is $20.34 and its two-hundred day moving average is $22.32. The company has a current ratio of 0.79, a quick ratio of 0.72 and a debt-to-equity ratio of 3.39.

WillScot (NASDAQ:WSC) last announced its earnings results on Thursday, November 6th. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.01. WillScot had a return on equity of 23.09% and a net margin of 9.64%.The firm had revenue of $566.84 million for the quarter, compared to analyst estimates of $583.52 million. During the same quarter last year, the firm posted $0.38 EPS. The business’s revenue was down 5.8% on a year-over-year basis. Analysts predict that WillScot Holdings Corporation will post 1.77 earnings per share for the current fiscal year.

WillScot Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Wednesday, December 3rd were given a $0.07 dividend. The ex-dividend date was Wednesday, December 3rd. This represents a $0.28 annualized dividend and a dividend yield of 1.4%. WillScot’s dividend payout ratio (DPR) is 23.14%.

WillScot Profile

WillScot (NASDAQ: WSC) is a leading North American provider of modular space and portable storage solutions. The company designs, manufactures, leases and sells temporary and permanent modular buildings to serve sectors such as education, healthcare, construction, industrial and government. Its modular space offerings range from single?unit office trailers and classrooms to complex multi?unit configurations tailored to diverse project requirements.

In addition to modular structures, WillScot offers a broad portfolio of portable storage containers and related services, including site logistics, customization, delivery and installation.