K.J. Harrison & Partners Inc bought a new stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 16,000 shares of the company's stock, valued at approximately $533,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its holdings in WillScot Mobile Mini by 3,631.0% in the third quarter. International Assets Investment Management LLC now owns 24,177 shares of the company's stock valued at $909,000 after acquiring an additional 23,529 shares during the period. Stephens Inc. AR acquired a new position in shares of WillScot Mobile Mini in the 3rd quarter valued at $200,000. Cambiar Investors LLC purchased a new stake in WillScot Mobile Mini during the third quarter worth $11,221,000. Harbor Capital Advisors Inc. grew its position in WillScot Mobile Mini by 64.0% during the third quarter. Harbor Capital Advisors Inc. now owns 80,903 shares of the company's stock valued at $3,042,000 after buying an additional 31,557 shares during the period. Finally, Empire Life Investments Inc. grew its position in WillScot Mobile Mini by 50.8% during the third quarter. Empire Life Investments Inc. now owns 547,751 shares of the company's stock valued at $20,595,000 after buying an additional 184,577 shares during the period. 95.81% of the stock is currently owned by institutional investors and hedge funds.
WillScot Mobile Mini Price Performance
Shares of WSC stock traded down $1.22 on Monday, reaching $31.73. 2,232,367 shares of the company were exchanged, compared to its average volume of 2,289,255. WillScot Mobile Mini Holdings Corp. has a 1 year low of $31.68 and a 1 year high of $48.31. 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 business has a 50-day moving average price of $35.88 and a 200 day moving average price of $36.94. The company has a market cap of $5.86 billion, a price-to-earnings ratio of 211.55, a P/E/G ratio of 2.18 and a beta of 1.41.
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, topping the consensus estimate of $0.48 by $0.01. The company had revenue of $602.52 million during the quarter, compared to analyst estimates of $606.55 million. WillScot Mobile Mini had a return on equity of 24.67% and a net margin of 1.17%. Equities research analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.77 earnings per share for the current fiscal year.
WillScot Mobile Mini Dividend Announcement
The firm also recently declared a -- dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th will be given 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%.
Insider Activity at WillScot Mobile Mini
In other WillScot Mobile Mini news, insider Graeme Parkes sold 2,900 shares of the business's stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $37.01, for a total transaction of $107,329.00. Following the transaction, the insider now owns 72,818 shares of the company's stock, valued at approximately $2,694,994.18. The trade was a 3.83 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 3.30% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
Separately, Morgan Stanley raised shares of 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 research note on Tuesday, December 17th. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $44.22.
Read Our Latest Report on WSC
WillScot Mobile Mini Company Profile
(
Free Report)
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.
See Also
Before you consider WillScot Mobile Mini, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WillScot Mobile Mini wasn't on the list.
While WillScot Mobile Mini currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
