Bokf Na decreased its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC – Free Report) by 5.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,509 shares of the company’s stock after selling 1,320 shares during the quarter. Bokf Na’s holdings in WillScot Mobile Mini were worth $753,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Barclays PLC lifted its stake in WillScot Mobile Mini by 770.3% in the 3rd quarter. Barclays PLC now owns 353,485 shares of the company’s stock valued at $13,292,000 after acquiring an additional 312,867 shares in the last quarter. Tidal Investments LLC raised its holdings in shares of WillScot Mobile Mini by 44.6% in the third quarter. Tidal Investments LLC now owns 11,975 shares of the company’s stock valued at $450,000 after purchasing an additional 3,692 shares during the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of WillScot Mobile Mini by 3.2% in the fourth quarter. Harbor Capital Advisors Inc. now owns 83,500 shares of the company’s stock worth $2,793,000 after purchasing an additional 2,597 shares in the last quarter. Reinhart Partners LLC. grew its position in WillScot Mobile Mini by 2.6% in the fourth quarter. Reinhart Partners LLC. now owns 289,010 shares of the company’s stock valued at $9,667,000 after purchasing an additional 7,425 shares in the last quarter. Finally, Rockingstone Advisors LLC increased its stake in WillScot Mobile Mini by 7.5% in the 4th quarter. Rockingstone Advisors LLC now owns 29,515 shares of the company’s stock valued at $987,000 after buying an additional 2,070 shares during the last quarter. 95.81% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on WSC shares. Morgan Stanley reduced their price objective on shares of WillScot Mobile Mini from $50.00 to $38.00 and set an “overweight” rating for the company in a research note on Wednesday, April 16th. Robert W. Baird decreased their price target on WillScot Mobile Mini from $38.00 to $32.00 and set a “neutral” rating for the company in a research note on Monday, March 10th. Barclays dropped their price objective on WillScot Mobile Mini from $40.00 to $34.00 and set an “equal weight” rating on the stock in a research note on Friday, April 4th. Finally, Oppenheimer lowered their target price on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an “outperform” rating on the stock in a report on Monday, March 10th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, WillScot Mobile Mini presently has a consensus rating of “Moderate Buy” and a consensus price target of $40.50.
WillScot Mobile Mini Stock Down 2.8 %
WSC opened at $26.93 on Friday. 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 stock’s fifty day simple moving average is $26.80 and its 200 day simple moving average is $33.04. WillScot Mobile Mini Holdings Corp. has a 1-year low of $21.91 and a 1-year high of $43.80. The stock has a market cap of $4.94 billion, a PE ratio of 179.55, a price-to-earnings-growth ratio of 2.18 and a beta of 1.28.
WillScot Mobile Mini (NASDAQ:WSC – Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.04). WillScot Mobile Mini had a return on equity of 24.67% and a net margin of 1.17%. The company had revenue of $559.55 million for the quarter, compared to analyst estimates of $555.51 million. During the same quarter in the prior year, the business posted $0.29 EPS. The business’s quarterly revenue was down 4.7% compared to the same quarter last year. As a group, research analysts expect 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 quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, June 4th will be paid a dividend of $0.07 per share. The ex-dividend date of this dividend is Wednesday, June 4th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.04%. WillScot Mobile Mini’s dividend payout ratio (DPR) is currently 311.11%.
Insider Buying and Selling
In other WillScot Mobile Mini news, COO Timothy D. Boswell acquired 5,000 shares of the company’s stock in a transaction on Thursday, March 13th. The stock was acquired at an average price of $29.14 per share, for a total transaction of $145,700.00. Following the purchase, 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 ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Bradley Lee Soultz bought 10,000 shares of the firm’s stock in a transaction on Tuesday, May 6th. The shares were acquired at an average price of $26.79 per share, for a total transaction of $267,900.00. Following the transaction, the chief executive officer now owns 128,817 shares in the company, valued at approximately $3,451,007.43. This represents a 8.42 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 3.30% of the stock is currently 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.
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