WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Acquired by Swiss National Bank

Swiss National Bank raised its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 0.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 370,793 shares of the company’s stock after purchasing an additional 1,600 shares during the quarter. Swiss National Bank owned 0.20% of WillScot Mobile Mini worth $12,403,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of WSC. First Horizon Advisors Inc. grew its position in shares of WillScot Mobile Mini by 16.4% during the third quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company’s stock worth $80,000 after buying an additional 302 shares in the last quarter. Jones Financial Companies Lllp grew 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 acquiring an additional 1,113 shares in the last quarter. KBC Group NV increased its position in shares of WillScot Mobile Mini by 14.7% in the 3rd quarter. KBC Group NV now owns 5,110 shares of the company’s stock worth $192,000 after purchasing an additional 655 shares during the last quarter. FourThought Financial Partners LLC acquired a new stake in shares of WillScot Mobile Mini in the 4th quarter valued at about $216,000. Finally, Stephens Inc. AR lifted its position in shares of WillScot Mobile Mini by 23.0% during the fourth 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 last quarter. 95.81% of the stock is currently owned by hedge funds and other institutional investors.

WillScot Mobile Mini Stock Up 2.7 %

WillScot Mobile Mini stock opened at $30.75 on Thursday. The company’s 50-day moving average price is $34.88 and its two-hundred day moving average price is $36.23. The stock has a market cap of $5.64 billion, a price-to-earnings ratio of 205.01, a PEG ratio of 2.18 and a beta of 1.45. WillScot Mobile Mini Holdings Corp. has a 52 week low of $27.58 and a 52 week high of $47.18. 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 announced its earnings results on Thursday, February 20th. The company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.48 by $0.01. The firm 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, analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current fiscal year.

WillScot Mobile Mini Announces Dividend

The company also recently announced a — dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Wednesday, March 5th. WillScot Mobile Mini’s payout ratio is currently 186.67%.

Analyst Ratings Changes

WSC has been the subject of several research analyst reports. Oppenheimer lowered their price objective on WillScot Mobile Mini from $41.00 to $38.00 and set an “outperform” rating for the company in a report on Monday, March 10th. Morgan Stanley upgraded WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $40.00 to $50.00 in a report on Tuesday, December 17th. Finally, Robert W. Baird decreased their price objective on shares of WillScot Mobile Mini from $38.00 to $32.00 and set a “neutral” rating for the company in a report on Monday, March 10th. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, WillScot Mobile Mini currently has a consensus rating of “Moderate Buy” and a consensus target price of $42.67.

Insider Buying and Selling

In other WillScot Mobile Mini news, COO Timothy D. Boswell purchased 5,000 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The shares were purchased at an average cost of $29.14 per share, with a total value of $145,700.00. Following the completion of the transaction, the chief operating officer now owns 34,156 shares of the company’s stock, valued at approximately $995,305.84. This represents a 17.15 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 3.30% of the company’s stock.

About WillScot Mobile Mini

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.