390,378 Shares in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Bought by Marathon Asset Management Ltd

Marathon Asset Management Ltd bought a new position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 390,378 shares of the company's stock, valued at approximately $13,058,000. Marathon Asset Management Ltd owned approximately 0.21% of WillScot Mobile Mini at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of WSC. Swedbank AB grew its holdings in shares of WillScot Mobile Mini by 229.2% during the third quarter. Swedbank AB now owns 3,226,000 shares of the company's stock worth $121,298,000 after buying an additional 2,246,000 shares in the last quarter. Van Berkom & Associates Inc. bought a new position in shares of WillScot Mobile Mini during the 4th quarter worth approximately $58,855,000. Douglas Lane & Associates LLC grew its stake in shares of WillScot Mobile Mini by 379.1% during the 4th quarter. Douglas Lane & Associates LLC now owns 997,693 shares of the company's stock worth $33,373,000 after acquiring an additional 789,445 shares in the last quarter. Point72 Asset Management L.P. acquired a new stake in shares of WillScot Mobile Mini in the third quarter valued at approximately $20,773,000. Finally, Fisher Asset Management LLC lifted its position in shares of WillScot Mobile Mini by 58.3% in the third quarter. Fisher Asset Management LLC now owns 1,043,055 shares of the company's stock worth $39,219,000 after purchasing an additional 384,270 shares in the last quarter. Institutional investors and hedge funds own 95.81% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley upgraded shares of WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and lifted their price target for the company from $40.00 to $50.00 in a research note on Tuesday, December 17th. Five 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, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $44.22.

WillScot Mobile Mini Stock Performance

WSC stock traded down $1.22 during trading hours on Monday, reaching $31.73. The stock had a trading volume of 2,302,644 shares, compared to its average volume of 2,309,749. The stock has a market capitalization of $5.86 billion, a PE ratio of 211.55, a price-to-earnings-growth ratio of 2.18 and a beta of 1.41. The stock has a 50-day simple moving average of $35.88 and a 200 day simple moving average of $36.94. WillScot Mobile Mini Holdings Corp. has a fifty-two week low of $31.68 and a fifty-two week high of $48.31. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82.

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

WillScot Mobile Mini Announces Dividend

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

Insiders Place Their Bets

In other WillScot Mobile Mini news, insider Graeme Parkes sold 2,900 shares of the firm's stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $37.01, for a total transaction of $107,329.00. Following the completion of the sale, the insider now directly owns 72,818 shares in the company, valued at $2,694,994.18. This trade represents a 3.83 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 3.30% of the company's stock.

WillScot Mobile Mini Company 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.