WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Acquired by Xponance Inc.

Xponance Inc. increased its holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 13.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 13,533 shares of the company’s stock after buying an additional 1,616 shares during the period. Xponance Inc.’s holdings in WillScot Mobile Mini were worth $453,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Impax Asset Management Group plc purchased a new position in WillScot Mobile Mini during the 4th quarter worth $7,192,000. New York Life Investment Management LLC purchased a new position in shares of WillScot Mobile Mini during the fourth quarter worth about $679,000. Geneva Capital Management LLC acquired a new position in WillScot Mobile Mini in the 4th quarter valued at about $23,194,000. River Road Asset Management LLC raised its stake in WillScot Mobile Mini by 14.7% during the 4th quarter. River Road Asset Management LLC now owns 1,616,765 shares of the company’s stock valued at $54,081,000 after acquiring an additional 206,962 shares during the last quarter. Finally, TCW Group Inc. lifted its position in WillScot Mobile Mini by 20.1% during the 4th quarter. TCW Group Inc. now owns 46,436 shares of the company’s stock worth $1,553,000 after acquiring an additional 7,763 shares during the period. Hedge funds and other institutional investors own 95.81% of the company’s stock.

Analysts Set New Price Targets

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

Insider Buying and Selling

In related news, COO Timothy D. Boswell acquired 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 13th. The shares were acquired at an average price of $29.14 per share, with a total value of $145,700.00. Following the completion of the purchase, the chief operating officer now directly owns 34,156 shares in the company, valued at approximately $995,305.84. The trade was a 17.15 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Erik Olsson sold 110,307 shares of the business’s stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $30.19, for a total transaction of $3,330,168.33. Following the completion of the transaction, the director now directly owns 626,306 shares of the company’s stock, valued at $18,908,178.14. The trade was a 14.97 % decrease in their position. The disclosure for this sale can be found here. Insiders own 3.30% of the company’s stock.

WillScot Mobile Mini Stock Down 2.4 %

WSC stock opened at $29.15 on Thursday. 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 company’s 50-day moving average price is $34.37 and its 200 day moving average price is $35.98. WillScot Mobile Mini Holdings Corp. has a 52 week low of $27.58 and a 52 week high of $46.75. The company has a market cap of $5.35 billion, a P/E ratio of 194.35, a P/E/G ratio of 2.18 and a beta of 1.45.

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

WillScot Mobile Mini Announces Dividend

The company also recently declared a — dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th were paid a dividend of $0.07 per share. The ex-dividend date was Wednesday, March 5th. WillScot Mobile Mini’s dividend payout ratio (DPR) is presently 186.67%.

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.