Headlands Technologies LLC Buys Shares of 5,213 WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Headlands Technologies LLC purchased a new stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) in the 4th quarter, Holdings Channel reports. The firm purchased 5,213 shares of the company’s stock, valued at approximately $174,000.

A number of other large investors have also made changes to their positions in WSC. Jones Financial Companies Lllp raised its holdings in WillScot Mobile Mini by 93.5% during the 4th quarter. Jones Financial Companies Lllp now owns 2,303 shares of the company’s stock worth $77,000 after buying an additional 1,113 shares during the period. FourThought Financial Partners LLC bought a new stake in WillScot Mobile Mini in the 4th quarter valued at $216,000. Stephens Inc. AR boosted its stake in WillScot Mobile Mini by 23.0% in the 4th quarter. Stephens Inc. AR now owns 6,544 shares of the company’s stock worth $219,000 after purchasing an additional 1,222 shares during the period. Avanza Fonder AB bought a new position in WillScot Mobile Mini during the 4th quarter worth about $224,000. Finally, Avantax Advisory Services Inc. acquired a new stake in shares of WillScot Mobile Mini in the 4th quarter valued at about $232,000. Institutional investors own 95.81% of the company’s stock.

Insider Buying and Selling at WillScot Mobile Mini

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

WillScot Mobile Mini Stock Performance

NASDAQ WSC opened at $23.63 on Friday. The firm’s fifty day moving average price is $32.88 and its two-hundred day moving average price is $35.42. WillScot Mobile Mini Holdings Corp. has a 1 year low of $21.91 and a 1 year high of $44.50. The firm has a market capitalization of $4.34 billion, a P/E ratio of 157.54, a price-to-earnings-growth ratio of 2.18 and a beta of 1.25. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42.

WillScot Mobile Mini (NASDAQ:WSC) last issued its earnings results on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.01. The business had revenue of $602.52 million during the quarter, compared to the consensus estimate of $606.55 million. WillScot Mobile Mini had a net margin of 1.17% and a return on equity of 24.67%. As a group, research analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current year.

WillScot Mobile Mini Announces Dividend

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

Wall Street Analyst Weigh In

WSC has been the subject of a number of research reports. Morgan Stanley upgraded WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $40.00 to $50.00 in a report on Tuesday, December 17th. Robert W. Baird decreased their price target 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. Barclays cut their price objective on shares of WillScot Mobile Mini from $40.00 to $34.00 and set an “equal weight” rating on the stock in a research report on Friday. Finally, Oppenheimer decreased their target price on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an “outperform” rating for the company in a research report on Monday, March 10th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $42.00.

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.