Sciencast Management LP Increases Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Sciencast Management LP lifted its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 0.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 56,961 shares of the company’s stock after purchasing an additional 491 shares during the period. Sciencast Management LP’s holdings in WillScot Mobile Mini were worth $1,905,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WSC. Pathstone Holdings LLC boosted its stake in WillScot Mobile Mini by 40.9% in the third quarter. Pathstone Holdings LLC now owns 42,549 shares of the company’s stock valued at $1,600,000 after acquiring an additional 12,346 shares during the last quarter. First Horizon Advisors Inc. lifted its stake in WillScot Mobile Mini by 16.4% in the third quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company’s stock valued at $80,000 after purchasing an additional 302 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in WillScot Mobile Mini by 2.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,533,170 shares of the company’s stock valued at $57,647,000 after purchasing an additional 43,747 shares during the last quarter. Swedbank AB grew its holdings in WillScot Mobile Mini by 229.2% during the third quarter. Swedbank AB now owns 3,226,000 shares of the company’s stock valued at $121,298,000 after purchasing an additional 2,246,000 shares during the period. Finally, Fisher Asset Management LLC increased its position in WillScot Mobile Mini by 58.3% in the third quarter. Fisher Asset Management LLC now owns 1,043,055 shares of the company’s stock worth $39,219,000 after buying an additional 384,270 shares during the last quarter. 95.81% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on WSC. Robert W. Baird cut their price target on 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. Oppenheimer reduced 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 note on Monday, March 10th. Finally, Morgan Stanley upgraded shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $40.00 to $50.00 in a research note on Tuesday, December 17th. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $42.67.

WillScot Mobile Mini Stock Performance

NASDAQ WSC opened at $29.75 on Friday. The company’s 50 day simple moving average is $34.70 and its two-hundred day simple moving average is $36.13. The stock has a market capitalization of $5.46 billion, a PE ratio of 198.35, a P/E/G ratio of 2.18 and a beta of 1.45. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82. WillScot Mobile Mini Holdings Corp. has a 1 year low of $27.58 and a 1 year high of $47.13.

WillScot Mobile Mini (NASDAQ:WSC) last posted 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. The company had revenue of $602.52 million during the quarter, compared to analyst estimates of $606.55 million. WillScot Mobile Mini had a return on equity of 24.67% and a net margin of 1.17%. Analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.77 earnings per share for the current fiscal year.

WillScot Mobile Mini Announces Dividend

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

Insider Activity at WillScot Mobile Mini

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

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.