Advantage Alpha Capital Partners LP Purchases 38,287 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Advantage Alpha Capital Partners LP boosted its stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 21.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 220,193 shares of the company's stock after acquiring an additional 38,287 shares during the quarter. WillScot Mobile Mini makes up approximately 1.7% of Advantage Alpha Capital Partners LP's holdings, making the stock its 6th biggest holding. Advantage Alpha Capital Partners LP owned about 0.12% of WillScot Mobile Mini worth $7,365,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in WSC. Jones Financial Companies Lllp grew its stake in shares of WillScot Mobile Mini by 93.5% during the fourth quarter. Jones Financial Companies Lllp now owns 2,303 shares of the company's stock valued at $77,000 after purchasing an additional 1,113 shares during the last quarter. First Horizon Advisors Inc. lifted its holdings in WillScot Mobile Mini by 16.4% during the 3rd 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. FourThought Financial Partners LLC bought a new position in WillScot Mobile Mini in the 4th quarter valued at $216,000. Stephens Inc. AR increased its stake in shares of WillScot Mobile Mini by 23.0% in the 4th quarter. Stephens Inc. AR now owns 6,544 shares of the company's stock valued at $219,000 after buying an additional 1,222 shares during the period. Finally, Avanza Fonder AB acquired a new stake in shares of WillScot Mobile Mini in the 4th quarter valued at $224,000. Institutional investors and hedge funds own 95.81% of the company's stock.

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Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Robert W. Baird cut their price target on WillScot Mobile Mini from $38.00 to $32.00 and set a "neutral" rating on the stock in a research note on Monday, March 10th. Morgan Stanley upgraded shares of WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $40.00 to $50.00 in a research report on Tuesday, December 17th. Finally, Oppenheimer lowered their price target 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. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $42.67.

WillScot Mobile Mini Trading Down 4.0 %

Shares of WSC traded down $1.16 during trading hours on Friday, reaching $28.15. The stock had a trading volume of 2,513,366 shares, compared to its average volume of 2,627,827. The firm has a 50-day moving average of $34.05 and a 200 day moving average of $35.88. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42. The company has a market cap of $5.17 billion, a P/E ratio of 187.68, a P/E/G 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 $45.55.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, topping 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 company had revenue of $602.52 million during the quarter, compared to the consensus estimate of $606.55 million. On average, sell-side analysts expect 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 declared a -- dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were paid a $0.07 dividend. The ex-dividend date was Wednesday, March 5th. WillScot Mobile Mini's dividend payout ratio is 186.67%.

Insiders Place Their Bets

In other news, Director Erik Olsson sold 110,307 shares of WillScot Mobile Mini stock in a transaction dated 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 transaction, 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 position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Timothy D. Boswell bought 5,000 shares of the company's stock in a transaction dated Thursday, March 13th. The stock was purchased at an average cost of $29.14 per share, for a total transaction of $145,700.00. Following the completion of the acquisition, the chief operating officer now owns 34,156 shares in the company, valued at $995,305.84. This trade represents a 17.15 % increase in their position. The disclosure for this purchase can be found here. 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.