WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Acquired by Marshall Wace LLP

Marshall Wace LLP lifted its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 924.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 85,999 shares of the company's stock after purchasing an additional 77,607 shares during the quarter. Marshall Wace LLP's holdings in WillScot Mobile Mini were worth $2,877,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Barclays PLC lifted its position in WillScot Mobile Mini by 770.3% in the third quarter. Barclays PLC now owns 353,485 shares of the company's stock worth $13,292,000 after buying an additional 312,867 shares during the last quarter. Virtu Financial LLC bought a new stake in WillScot Mobile Mini in the third quarter worth $468,000. Tidal Investments LLC lifted its position in shares of WillScot Mobile Mini by 44.6% during the third quarter. Tidal Investments LLC now owns 11,975 shares of the company's stock worth $450,000 after purchasing an additional 3,692 shares during the last quarter. Retirement Systems of Alabama lifted its position in shares of WillScot Mobile Mini by 7.9% during the third quarter. Retirement Systems of Alabama now owns 124,985 shares of the company's stock worth $4,699,000 after purchasing an additional 9,159 shares during the last quarter. Finally, Everence Capital Management Inc. bought a new stake in shares of WillScot Mobile Mini during the fourth quarter worth $279,000. 95.81% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have recently weighed in on WSC shares. Barclays decreased their target price on WillScot Mobile Mini from $40.00 to $34.00 and set an "equal weight" rating for the company in a research report on Friday, April 4th. Robert W. Baird cut their price target on WillScot Mobile Mini from $38.00 to $32.00 and set a "neutral" rating on the stock in a research note on Monday, March 10th. Morgan Stanley cut their price target on WillScot Mobile Mini from $50.00 to $38.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Finally, Oppenheimer cut their target price 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. Four 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 has a consensus rating of "Moderate Buy" and a consensus price target of $40.50.

WillScot Mobile Mini Stock Up 1.3 %

Shares of WSC stock traded up $0.32 during trading hours on Tuesday, reaching $25.14. 1,750,128 shares of the company's stock were exchanged, compared to its average volume of 2,732,166. WillScot Mobile Mini Holdings Corp. has a 1 year low of $21.91 and a 1 year high of $43.80. The stock has a market cap of $4.62 billion, a PE ratio of 167.61, a PEG ratio of 2.18 and a beta of 1.25. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42. The stock's fifty day moving average price is $28.12 and its two-hundred day moving average price is $33.65.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.49 earnings per share for the quarter, topping analysts' consensus estimates 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 business had revenue of $602.52 million for the quarter, compared to analyst estimates of $606.55 million. Research analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current 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 issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Wednesday, March 5th. WillScot Mobile Mini's dividend payout ratio (DPR) is 186.67%.

Insider Buying and Selling

In related news, Director Erik Olsson sold 110,307 shares of the stock in a transaction 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 sale, the director now directly owns 626,306 shares of the company's stock, valued at approximately $18,908,178.14. This represents a 14.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, COO Timothy D. Boswell purchased 5,000 shares of the company's stock in a transaction that occurred on Thursday, March 13th. The shares were purchased at an average price of $29.14 per share, for a total transaction of $145,700.00. Following the transaction, the chief operating officer now owns 34,156 shares of the company's stock, valued at $995,305.84. This trade represents a 17.15 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 3.30% of the company's stock.

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.