Edgestream Partners L.P. Buys 94,998 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Edgestream Partners L.P. raised its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 1,010.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 104,402 shares of the company's stock after buying an additional 94,998 shares during the period. Edgestream Partners L.P. owned 0.06% of WillScot Mobile Mini worth $3,492,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its position 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 during the last quarter. First Horizon Advisors Inc. increased its stake in shares of 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 buying an additional 302 shares in the last quarter. KBC Group NV raised its holdings in shares of WillScot Mobile Mini by 14.7% in the third quarter. KBC Group NV now owns 5,110 shares of the company's stock valued at $192,000 after buying an additional 655 shares during the last quarter. Stephens Inc. AR acquired a new position in WillScot Mobile Mini during the 3rd quarter worth about $200,000. Finally, FourThought Financial Partners LLC bought a new stake in WillScot Mobile Mini during the 4th quarter worth about $216,000. 95.81% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Oppenheimer decreased their price target on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an "outperform" rating on the stock in a research note on Monday. Morgan Stanley upgraded WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $40.00 to $50.00 in a research report on Tuesday, December 17th. Finally, Robert W. Baird dropped their target price on WillScot Mobile Mini from $38.00 to $32.00 and set a "neutral" rating for the company in a research report on Monday. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $42.67.

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WillScot Mobile Mini Trading Down 0.5 %

WSC stock traded down $0.14 during midday trading on Wednesday, hitting $29.93. 4,667,509 shares of the company's stock were exchanged, compared to its average volume of 2,412,008. WillScot Mobile Mini Holdings Corp. has a one year low of $27.58 and a one year high of $47.18. The stock's fifty day moving average price is $35.35 and its 200-day moving average price is $36.58. The company has a market cap of $5.49 billion, a PE ratio of 199.55, a price-to-earnings-growth ratio of 2.18 and a beta of 1.45. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.82 and a current ratio of 0.90.

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

WillScot Mobile Mini Dividend Announcement

The company also recently disclosed a -- dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th will be issued a dividend of $0.07 per share. The ex-dividend date of this dividend is Wednesday, March 5th. WillScot Mobile Mini's payout ratio is presently 186.67%.

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.