Advantage Alpha Capital Partners LP Sells 21,073 Shares of WillScot Holdings Corporation $WSC

Advantage Alpha Capital Partners LP lessened its position in WillScot Holdings Corporation (NASDAQ:WSC) by 10.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 174,440 shares of the company’s stock after selling 21,073 shares during the period. WillScot accounts for 1.3% of Advantage Alpha Capital Partners LP’s investment portfolio, making the stock its 20th biggest position. Advantage Alpha Capital Partners LP owned approximately 0.10% of WillScot worth $4,780,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. CWM LLC increased its position in WillScot by 89.9% during the 1st quarter. CWM LLC now owns 1,747 shares of the company’s stock valued at $49,000 after purchasing an additional 827 shares during the period. First Horizon Advisors Inc. lifted its holdings in shares of WillScot by 45.1% during the second quarter. First Horizon Advisors Inc. now owns 2,130 shares of the company’s stock valued at $58,000 after purchasing an additional 662 shares during the last quarter. Quarry LP bought a new stake in WillScot in the first quarter worth $80,000. Plato Investment Management Ltd bought a new position in WillScot in the 1st quarter worth about $99,000. Finally, Caitong International Asset Management Co. Ltd lifted its stake in shares of WillScot by 69.4% in the first quarter. Caitong International Asset Management Co. Ltd now owns 3,940 shares of the company’s stock worth $110,000 after buying an additional 1,614 shares in the last quarter. 95.81% of the stock is owned by hedge funds and other institutional investors.

WillScot Stock Performance

Shares of NASDAQ WSC opened at $20.18 on Friday. The company has a debt-to-equity ratio of 3.39, a current ratio of 0.79 and a quick ratio of 0.72. The firm has a fifty day moving average price of $20.47 and a 200-day moving average price of $24.68. The stock has a market cap of $3.67 billion, a PE ratio of 16.68, a price-to-earnings-growth ratio of 1.81 and a beta of 1.15. WillScot Holdings Corporation has a 1 year low of $14.91 and a 1 year high of $39.81.

WillScot (NASDAQ:WSC) last issued its earnings results on Thursday, November 6th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.01. WillScot had a return on equity of 23.09% and a net margin of 9.64%.The company had revenue of $566.84 million for the quarter, compared to the consensus estimate of $583.52 million. During the same quarter last year, the company earned $0.38 EPS. The firm’s quarterly revenue was down 5.8% on a year-over-year basis. WillScot has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts anticipate that WillScot Holdings Corporation will post 1.77 earnings per share for the current fiscal year.

WillScot Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd will be paid a $0.07 dividend. The ex-dividend date is Wednesday, December 3rd. This represents a $0.28 annualized dividend and a yield of 1.4%. WillScot’s payout ratio is presently 23.14%.

Analyst Ratings Changes

WSC has been the topic of several recent analyst reports. Barclays dropped their price objective on WillScot from $22.00 to $18.00 and set an “equal weight” rating on the stock in a research report on Monday, November 10th. Baird R W raised WillScot from a “hold” rating to a “strong-buy” rating in a report on Friday, November 21st. Morgan Stanley restated an “equal weight” rating and set a $21.00 price target (down from $37.00) on shares of WillScot in a research note on Thursday, November 13th. Jefferies Financial Group reduced their price target on shares of WillScot from $32.00 to $23.00 and set a “hold” rating for the company in a research report on Monday, September 29th. Finally, Citigroup initiated coverage on shares of WillScot in a report on Monday, October 20th. They issued a “buy” rating and a $28.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, WillScot presently has an average rating of “Moderate Buy” and an average price target of $27.13.

WillScot 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.