WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Purchased by Fisher Asset Management LLC

Fisher Asset Management LLC increased its holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 21.0% in the 4th quarter, HoldingsChannel reports. The fund owned 1,262,166 shares of the company’s stock after purchasing an additional 219,111 shares during the quarter. Fisher Asset Management LLC’s holdings in WillScot Mobile Mini were worth $42,219,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in WSC. State Street Corp increased its position in shares of WillScot Mobile Mini by 2.3% during the third quarter. State Street Corp now owns 3,346,779 shares of the company’s stock valued at $125,839,000 after acquiring an additional 74,212 shares during the last quarter. Swedbank AB increased its holdings in WillScot Mobile Mini by 3.0% in the 4th quarter. Swedbank AB now owns 3,324,000 shares of the company’s stock valued at $111,188,000 after purchasing an additional 98,000 shares during the last quarter. Van Berkom & Associates Inc. purchased a new stake in WillScot Mobile Mini in the fourth quarter valued at approximately $58,855,000. Charles Schwab Investment Management Inc. lifted its stake in WillScot Mobile Mini by 2.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,533,170 shares of the company’s stock worth $57,647,000 after purchasing an additional 43,747 shares in the last quarter. Finally, River Road Asset Management LLC boosted its position in shares of WillScot Mobile Mini by 4.7% during the third quarter. River Road Asset Management LLC now owns 1,409,803 shares of the company’s stock worth $53,009,000 after buying an additional 63,752 shares during the period. Institutional investors and hedge funds own 95.81% of the company’s stock.

Analyst Ratings Changes

Separately, Morgan Stanley upgraded WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $40.00 to $50.00 in a report on Tuesday, December 17th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $44.22.

Insider Transactions at WillScot Mobile Mini

In other news, insider Graeme Parkes sold 2,900 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $37.01, for a total transaction of $107,329.00. Following the sale, the insider now owns 72,818 shares of the company’s stock, valued at approximately $2,694,994.18. This trade represents a 3.83 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.30% of the company’s stock.

WillScot Mobile Mini Trading Up 0.3 %

NASDAQ:WSC opened at $32.95 on Monday. The stock has a fifty day moving average price of $35.88 and a 200 day moving average price of $36.94. 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 Holdings Corp. has a 12-month low of $32.57 and a 12-month high of $48.52. The firm has a market cap of $6.09 billion, a PE ratio of 219.68, a price-to-earnings-growth ratio of 2.18 and a beta of 1.41.

WillScot Mobile Mini (NASDAQ:WSC) last announced its quarterly earnings data 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. WillScot Mobile Mini had a return on equity of 24.67% and a net margin of 1.17%. The business had revenue of $602.52 million during the quarter, compared to analysts’ expectations of $606.55 million. Sell-side analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.77 earnings per share for the current fiscal year.

WillScot Mobile Mini Dividend Announcement

The company also recently disclosed a — dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th will be issued a $0.07 dividend. The ex-dividend date is Wednesday, March 5th. WillScot Mobile Mini’s payout ratio is 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.