WillScot Holdings Corporation $WSC Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. increased its holdings in WillScot Holdings Corporation (NASDAQ:WSC) by 13.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 549,030 shares of the company’s stock after buying an additional 66,889 shares during the quarter. Envestnet Asset Management Inc.’s holdings in WillScot were worth $11,590,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of WSC. Norges Bank acquired a new stake in shares of WillScot in the second quarter worth $125,126,000. Geode Capital Management LLC boosted its holdings in WillScot by 2.2% in the second quarter. Geode Capital Management LLC now owns 3,277,913 shares of the company’s stock valued at $89,829,000 after purchasing an additional 71,347 shares during the last quarter. Van Berkom & Associates Inc. grew its position in WillScot by 26.8% during the 3rd quarter. Van Berkom & Associates Inc. now owns 3,054,636 shares of the company’s stock worth $64,483,000 after purchasing an additional 645,246 shares during the period. River Road Asset Management LLC raised its stake in shares of WillScot by 75.6% during the 2nd quarter. River Road Asset Management LLC now owns 2,873,521 shares of the company’s stock valued at $84,338,000 after buying an additional 1,237,097 shares during the last quarter. Finally, Westfield Capital Management Co. LP lifted its holdings in shares of WillScot by 2.1% in the 2nd quarter. Westfield Capital Management Co. LP now owns 2,861,031 shares of the company’s stock valued at $78,392,000 after buying an additional 57,946 shares during the period. 95.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently weighed in on WSC shares. Barclays reduced their price target on WillScot from $22.00 to $18.00 and set an “equal weight” rating for the company in a research report on Monday, November 10th. Morgan Stanley reiterated an “equal weight” rating and issued a $21.00 target price (down from $37.00) on shares of WillScot in a research note on Thursday, November 13th. Weiss Ratings restated a “sell (d+)” rating on shares of WillScot in a research report on Wednesday, January 21st. DA Davidson cut their price objective on shares of WillScot from $35.00 to $32.00 and set a “buy” rating for the company in a report on Monday, November 10th. Finally, Citigroup increased their target price on shares of WillScot from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $26.88.

WillScot Trading Down 0.2%

WSC stock opened at $21.58 on Wednesday. WillScot Holdings Corporation has a 12-month low of $14.91 and a 12-month high of $39.12. The business’s 50-day moving average is $20.67 and its 200 day moving average is $21.39. The company has a current ratio of 0.79, a quick ratio of 0.72 and a debt-to-equity ratio of 3.39. The stock has a market cap of $3.93 billion, a price-to-earnings ratio of 17.83, a PEG ratio of 1.96 and a beta of 1.12.

About WillScot

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.