Fox Run Management L.L.C. Invests $612,000 in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Fox Run Management L.L.C. bought a new stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 18,283 shares of the company's stock, valued at approximately $612,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WSC. William Blair Investment Management LLC lifted its position in shares of WillScot Mobile Mini by 13.6% during the fourth quarter. William Blair Investment Management LLC now owns 5,555,481 shares of the company's stock worth $185,831,000 after purchasing an additional 664,805 shares in the last quarter. State Street Corp increased its stake in WillScot Mobile Mini by 2.3% during the 3rd 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 during the period. Swedbank AB lifted its stake in shares of WillScot Mobile Mini by 3.0% in the fourth quarter. Swedbank AB now owns 3,324,000 shares of the company's stock worth $111,188,000 after acquiring an additional 98,000 shares in the last quarter. Van Berkom & Associates Inc. acquired a new position in shares of WillScot Mobile Mini in the 4th quarter valued at approximately $58,855,000. Finally, River Road Asset Management LLC raised its holdings in WillScot Mobile Mini by 14.7% in the fourth quarter. River Road Asset Management LLC now owns 1,616,765 shares of the company's stock valued at $54,081,000 after acquiring an additional 206,962 shares in the last quarter. 95.81% of the stock is owned by institutional investors and hedge funds.

WillScot Mobile Mini Stock Performance

NASDAQ WSC traded down $1.16 during trading hours on Friday, hitting $28.15. The company had a trading volume of 2,513,366 shares, compared to its average volume of 2,627,826. 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 firm has a market cap of $5.17 billion, a P/E ratio of 187.68, a price-to-earnings-growth ratio of 2.18 and a beta of 1.45. WillScot Mobile Mini Holdings Corp. has a fifty-two week low of $27.58 and a fifty-two week high of $45.55. The business has a fifty day simple moving average of $34.05 and a 200-day simple moving average of $35.88.

Remove Ads

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

WillScot Mobile Mini Announces Dividend

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

Insider Activity at WillScot Mobile Mini

In related news, Director Erik Olsson sold 110,307 shares of WillScot Mobile Mini 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 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Timothy D. Boswell purchased 5,000 shares of the business's stock in a transaction on Thursday, March 13th. The stock was acquired at an average cost of $29.14 per share, with a total value of $145,700.00. Following the completion of 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 disclosure for this purchase can be found here. 3.30% of the stock is currently owned by insiders.

Analysts Set New Price Targets

WSC has been the subject of several recent analyst reports. Robert W. Baird decreased 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 report on Monday, March 10th. Oppenheimer cut 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, March 10th. Finally, Morgan Stanley raised WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $40.00 to $50.00 in a report on Tuesday, December 17th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, WillScot Mobile Mini has an average rating of "Moderate Buy" and an average price target of $42.67.

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.