WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Purchased by Fmr LLC

FMR LLC raised its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 12.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,554,101 shares of the company's stock after acquiring an additional 595,063 shares during the quarter. FMR LLC owned approximately 3.01% of WillScot Mobile Mini worth $185,785,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in WSC. HighTower Advisors LLC boosted its position in shares of WillScot Mobile Mini by 13.7% during the third quarter. HighTower Advisors LLC now owns 32,686 shares of the company's stock worth $1,237,000 after acquiring an additional 3,942 shares during the last quarter. Quantinno Capital Management LP grew its position in shares of WillScot Mobile Mini by 21.7% during the third quarter. Quantinno Capital Management LP now owns 9,420 shares of the company's stock valued at $354,000 after purchasing an additional 1,681 shares in the last quarter. State Street Corp lifted its position in shares of WillScot Mobile Mini by 2.3% in the third quarter. State Street Corp now owns 3,346,779 shares of the company's stock worth $125,839,000 after buying an additional 74,212 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of WillScot Mobile Mini by 4.6% during the 3rd quarter. Wellington Management Group LLP now owns 653,395 shares of the company's stock worth $24,568,000 after acquiring an additional 28,521 shares in the last quarter. Finally, Barclays PLC raised its stake in WillScot Mobile Mini by 770.3% during the third quarter. Barclays PLC now owns 353,485 shares of the company's stock valued at $13,292,000 after purchasing an additional 312,867 shares in the last quarter. 95.81% of the stock is currently owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on WSC shares. Robert W. Baird decreased their price objective on WillScot Mobile Mini from $38.00 to $32.00 and set a "neutral" rating on the stock in a research report on Monday, March 10th. Barclays cut their price objective on shares of WillScot Mobile Mini from $40.00 to $34.00 and set an "equal weight" rating on the stock in a research report on Friday, April 4th. Morgan Stanley raised shares of WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and lifted their price target for the stock from $40.00 to $50.00 in a research note on Tuesday, December 17th. Finally, Oppenheimer reduced their price objective on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an "outperform" rating on the stock in a research report on Monday, March 10th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, WillScot Mobile Mini presently has a consensus rating of "Moderate Buy" and a consensus price target of $42.00.

WillScot Mobile Mini Stock Down 1.1 %

Shares of NASDAQ WSC traded down $0.27 during midday trading on Tuesday, reaching $24.23. 4,468,208 shares of the company's stock traded hands, compared to its average volume of 2,733,761. The company has a market cap of $4.45 billion, a price-to-earnings ratio of 161.54, a P/E/G ratio of 2.18 and a beta of 1.25. WillScot Mobile Mini Holdings Corp. has a one year low of $21.91 and a one year high of $43.80. 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 stock's 50 day simple moving average is $30.69 and its 200-day simple moving average is $34.51.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.49 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 firm had revenue of $602.52 million during the quarter, compared to analyst estimates of $606.55 million. On average, analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current fiscal year.

WillScot Mobile Mini Announces Dividend

The company also recently announced 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 was Wednesday, March 5th. WillScot Mobile Mini's payout ratio is 186.67%.

Insider Buying and Selling at WillScot Mobile Mini

In other WillScot Mobile Mini news, COO Timothy D. Boswell purchased 5,000 shares of the stock in a transaction on Thursday, March 13th. The stock was acquired at an average price of $29.14 per share, with a total value 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. 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 link. Also, Director Erik Olsson sold 110,307 shares of the stock in a transaction that occurred on Tuesday, March 18th. The shares were 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 directly owns 626,306 shares of the company's stock, valued at $18,908,178.14. The trade was a 14.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.30% of the stock is 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.