Boston Partners Purchases Shares of 3,274,330 WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Boston Partners acquired a new position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSCFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,274,330 shares of the company’s stock, valued at approximately $145,583,000. Boston Partners owned approximately 1.71% of WillScot Mobile Mini as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Ameriprise Financial Inc. lifted its position in shares of WillScot Mobile Mini by 11.3% in the third quarter. Ameriprise Financial Inc. now owns 6,841,154 shares of the company’s stock worth $284,523,000 after purchasing an additional 692,784 shares in the last quarter. Clearbridge Investments LLC increased its holdings in shares of WillScot Mobile Mini by 1.3% in the third quarter. Clearbridge Investments LLC now owns 5,609,388 shares of the company’s stock valued at $233,294,000 after purchasing an additional 73,119 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of WillScot Mobile Mini by 3.2% in the third quarter. JPMorgan Chase & Co. now owns 4,002,566 shares of the company’s stock valued at $166,467,000 after purchasing an additional 124,755 shares during the last quarter. Westfield Capital Management Co. LP increased its holdings in shares of WillScot Mobile Mini by 11.2% in the third quarter. Westfield Capital Management Co. LP now owns 3,003,308 shares of the company’s stock valued at $124,908,000 after purchasing an additional 302,116 shares during the last quarter. Finally, William Blair Investment Management LLC increased its holdings in shares of WillScot Mobile Mini by 2.5% in the third quarter. William Blair Investment Management LLC now owns 2,644,294 shares of the company’s stock valued at $109,976,000 after purchasing an additional 64,020 shares during the last quarter. Institutional investors own 95.81% of the company’s stock.

Insider Activity at WillScot Mobile Mini

In related news, CEO Bradley Lee Soultz bought 5,000 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The shares were bought at an average price of $47.76 per share, with a total value of $238,800.00. Following the completion of the transaction, the chief executive officer now directly owns 13,869 shares in the company, valued at $662,383.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other WillScot Mobile Mini news, Director Jeffrey Sagansky sold 75,000 shares of the firm’s stock in a transaction on Friday, March 8th. The stock was sold at an average price of $47.50, for a total transaction of $3,562,500.00. Following the transaction, the director now directly owns 2,420,905 shares in the company, valued at approximately $114,992,987.50. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Bradley Lee Soultz acquired 5,000 shares of the company’s stock in a transaction on Monday, March 4th. The shares were bought at an average price of $47.76 per share, for a total transaction of $238,800.00. Following the completion of the purchase, the chief executive officer now owns 13,869 shares in the company, valued at approximately $662,383.44. The disclosure for this purchase can be found here. 3.30% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on WSC shares. Deutsche Bank Aktiengesellschaft upped their price target on shares of WillScot Mobile Mini from $51.00 to $53.00 and gave the company a “buy” rating in a research note on Tuesday, January 30th. Robert W. Baird reduced their price objective on shares of WillScot Mobile Mini from $55.00 to $45.00 and set an “outperform” rating on the stock in a research note on Monday, April 22nd. Stifel Nicolaus reduced their price objective on shares of WillScot Mobile Mini from $58.00 to $50.00 and set a “buy” rating on the stock in a research note on Thursday, April 4th. Barclays increased their price objective on shares of WillScot Mobile Mini from $50.00 to $60.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 28th. Finally, Oppenheimer reiterated an “outperform” rating and set a $53.00 price objective (down from $60.00) on shares of WillScot Mobile Mini in a research note on Monday, May 6th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $51.00.

Get Our Latest Report on WillScot Mobile Mini

WillScot Mobile Mini Stock Down 2.7 %

Shares of NASDAQ WSC opened at $39.30 on Tuesday. WillScot Mobile Mini Holdings Corp. has a 12-month low of $34.40 and a 12-month high of $52.16. The company has a quick ratio of 0.89, a current ratio of 0.97 and a debt-to-equity ratio of 2.63. The firm has a market cap of $7.47 billion, a PE ratio of 24.26, a P/E/G ratio of 1.13 and a beta of 1.36. The company’s fifty day simple moving average is $42.59 and its 200 day simple moving average is $43.07.

WillScot Mobile Mini (NASDAQ:WSCGet Free Report) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.04). WillScot Mobile Mini had a net margin of 13.48% and a return on equity of 24.14%. The firm had revenue of $587.18 million during the quarter, compared to analyst estimates of $579.98 million. During the same period last year, the business posted $0.36 EPS. The company’s revenue was up 3.8% on a year-over-year basis. As a group, sell-side analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.89 earnings per share for the current fiscal year.

WillScot Mobile Mini Company Profile

(Free Report)

WillScot Mobile Mini Holdings Corp. 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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Institutional Ownership by Quarter for WillScot Mobile Mini (NASDAQ:WSC)

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