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Polen Capital Management LLC Buys New Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

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Polen Capital Management LLC bought a new stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 125,024 shares of the company's stock, valued at approximately $4,182,000. Polen Capital Management LLC owned about 0.07% of WillScot Mobile Mini as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Swedbank AB increased its position in shares of WillScot Mobile Mini by 229.2% in the 3rd quarter. Swedbank AB now owns 3,226,000 shares of the company's stock valued at $121,298,000 after buying an additional 2,246,000 shares in the last quarter. Van Berkom & Associates Inc. bought a new stake in shares of WillScot Mobile Mini in the 4th quarter valued at $58,855,000. Douglas Lane & Associates LLC increased its position in shares of WillScot Mobile Mini by 379.1% in the 4th quarter. Douglas Lane & Associates LLC now owns 997,693 shares of the company's stock valued at $33,373,000 after buying an additional 789,445 shares in the last quarter. Geneva Capital Management LLC bought a new stake in shares of WillScot Mobile Mini in the 4th quarter valued at $23,194,000. Finally, Point72 Asset Management L.P. bought a new stake in shares of WillScot Mobile Mini in the 3rd quarter valued at $20,773,000. Institutional investors own 95.81% of the company's stock.

Insider Transactions at WillScot Mobile Mini

In other news, COO Timothy D. Boswell bought 5,000 shares of the business's stock in a transaction that occurred on Thursday, March 13th. The stock was acquired at an average cost of $29.14 per share, for a total transaction of $145,700.00. Following the purchase, the chief operating officer now owns 34,156 shares of the company's stock, valued at approximately $995,305.84. This trade represents a 17.15 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 3.30% of the company's stock.

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Wall Street Analyst Weigh In

A number of research firms recently commented on WSC. Oppenheimer lowered their price objective on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an "outperform" rating for the company in a research report on Monday, March 10th. Morgan Stanley raised shares of WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and upped their target price for the stock from $40.00 to $50.00 in a research note on Tuesday, December 17th. Finally, Robert W. Baird reduced their target price on shares of WillScot Mobile Mini from $38.00 to $32.00 and set a "neutral" rating for the company in a research note on Monday, March 10th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $42.67.

Check Out Our Latest Analysis on WSC

WillScot Mobile Mini Stock Down 1.5 %

Shares of WillScot Mobile Mini stock traded down $0.47 during trading hours on Thursday, reaching $30.28. 3,188,360 shares of the company's stock were exchanged, compared to its average volume of 2,449,228. The company has a 50 day moving average of $34.88 and a two-hundred day moving average of $36.23. WillScot Mobile Mini Holdings Corp. has a fifty-two week low of $27.58 and a fifty-two week high of $47.18. 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 has a market cap of $5.56 billion, a P/E ratio of 201.88, a P/E/G ratio of 2.18 and a beta of 1.45.

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 analysts' consensus estimates 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 company had revenue of $602.52 million during the quarter, compared to the consensus estimate of $606.55 million. On average, sell-side analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current fiscal year.

WillScot Mobile Mini Dividend Announcement

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

About WillScot Mobile Mini

(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.

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Institutional Ownership by Quarter for WillScot Mobile Mini (NASDAQ:WSC)

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