Barrow Hanley Mewhinney & Strauss LLC Increases Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Barrow Hanley Mewhinney & Strauss LLC raised its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 39.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,889,596 shares of the company's stock after buying an additional 533,750 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned about 1.02% of WillScot Mobile Mini worth $63,207,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. Schroder Investment Management Group raised its position in shares of WillScot Mobile Mini by 145.5% during the 4th quarter. Schroder Investment Management Group now owns 16,389 shares of the company's stock valued at $547,000 after buying an additional 9,712 shares in the last quarter. Brown Brothers Harriman & Co. raised its position in WillScot Mobile Mini by 182,738.4% during the fourth quarter. Brown Brothers Harriman & Co. now owns 837,400 shares of the company's stock valued at $28,011,000 after purchasing an additional 836,942 shares in the last quarter. Pictet Asset Management Holding SA lifted its stake in WillScot Mobile Mini by 7.1% during the fourth quarter. Pictet Asset Management Holding SA now owns 25,594 shares of the company's stock worth $856,000 after purchasing an additional 1,705 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its holdings in shares of WillScot Mobile Mini by 16,513.8% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 360,353 shares of the company's stock worth $12,054,000 after purchasing an additional 358,184 shares in the last quarter. Finally, Norges Bank bought a new position in shares of WillScot Mobile Mini during the 4th quarter valued at about $97,734,000. 95.81% of the stock is currently owned by institutional investors.

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Wall Street Analyst Weigh In

WSC has been the subject of a number of recent research reports. Oppenheimer dropped their target price on 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. Robert W. Baird cut 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 research note on Monday, March 10th. Finally, Morgan Stanley raised shares of WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and increased their target price for the company from $40.00 to $50.00 in a report on Tuesday, December 17th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, WillScot Mobile Mini currently has an average rating of "Moderate Buy" and a consensus price target of $42.75.

Insider Buying and Selling

In related news, COO Timothy D. Boswell purchased 5,000 shares of WillScot Mobile Mini 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 directly owns 34,156 shares of the company's stock, valued at $995,305.84. The trade was a 17.15 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Erik Olsson sold 110,307 shares of the company'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 completion of the transaction, the director now owns 626,306 shares in the company, valued at approximately $18,908,178.14. The trade was a 14.97 % decrease in their position. The disclosure for this sale can be found here. 3.30% of the stock is owned by insiders.

WillScot Mobile Mini Trading Down 9.1 %

NASDAQ:WSC traded down $2.64 during mid-day trading on Thursday, reaching $26.35. 1,369,850 shares of the company's stock traded hands, compared to its average volume of 2,625,247. The company has a 50 day moving average price of $33.45 and a 200-day moving average price of $35.64. The firm has a market capitalization of $4.84 billion, a price-to-earnings ratio of 175.68, a PEG ratio of 2.18 and a beta of 1.25. 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 12-month low of $26.04 and a 12-month high of $45.41.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last posted its earnings results 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 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, sell-side analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.77 earnings per share for the current year.

WillScot Mobile Mini Dividend Announcement

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

WillScot Mobile Mini 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.