Charles Schwab Investment Management Inc. Buys 35,665 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Charles Schwab Investment Management Inc. raised its holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 2.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,568,835 shares of the company's stock after acquiring an additional 35,665 shares during the period. Charles Schwab Investment Management Inc. owned about 0.85% of WillScot Mobile Mini worth $52,478,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. First Horizon Advisors Inc. boosted its position in WillScot Mobile Mini by 16.4% during 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. Jones Financial Companies Lllp boosted its position in 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. KBC Group NV boosted its position in WillScot Mobile Mini by 14.7% during the third quarter. KBC Group NV now owns 5,110 shares of the company's stock valued at $192,000 after purchasing an additional 655 shares during the last quarter. FourThought Financial Partners LLC acquired a new position in WillScot Mobile Mini during the fourth quarter valued at approximately $216,000. Finally, Stephens Inc. AR boosted its position in WillScot Mobile Mini by 23.0% during the fourth quarter. Stephens Inc. AR now owns 6,544 shares of the company's stock valued at $219,000 after purchasing an additional 1,222 shares during the last quarter. 95.81% of the stock is owned by institutional investors and hedge funds.

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WillScot Mobile Mini Stock Performance

Shares of NASDAQ WSC traded up $1.35 during trading hours on Friday, reaching $29.95. 2,739,395 shares of the stock were exchanged, compared to its average volume of 2,426,077. The firm has a market capitalization of $5.50 billion, a price-to-earnings ratio of 199.68, 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 $47.18. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.82 and a current ratio of 0.90. The stock's fifty day simple moving average is $35.18 and its 200 day simple moving average is $36.48.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.48 by $0.01. The business had revenue of $602.52 million for the quarter, compared to the consensus estimate of $606.55 million. WillScot Mobile Mini had a return on equity of 24.67% and a net margin of 1.17%. Sell-side analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current year.

WillScot Mobile Mini Dividend Announcement

The firm also recently announced a -- dividend, which will be paid on Wednesday, March 19th. Shareholders 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 dividend payout ratio is presently 186.67%.

Insider Buying and Selling at WillScot Mobile Mini

In other news, COO Timothy D. Boswell acquired 5,000 shares of the business's stock in a transaction that occurred on Thursday, March 13th. The shares were bought at an average price of $29.14 per share, with a total value of $145,700.00. Following the acquisition, the chief operating officer now directly owns 34,156 shares in the company, valued at $995,305.84. The trade was a 17.15 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 3.30% of the company's stock.

Analyst Upgrades and Downgrades

WSC has been the topic of several research analyst reports. Oppenheimer dropped their price objective on WillScot Mobile Mini from $41.00 to $38.00 and set an "outperform" rating on the stock in a research note on Monday. Robert W. Baird dropped their price objective on WillScot Mobile Mini from $38.00 to $32.00 and set a "neutral" rating on the stock in a research note on Monday. Finally, Morgan Stanley upgraded WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $40.00 to $50.00 in a research note on Tuesday, December 17th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $42.67.

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.