Van Berkom & Associates Inc. Purchases Shares of 1,759,493 WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Van Berkom & Associates Inc. bought a new position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,759,493 shares of the company's stock, valued at approximately $58,855,000. Van Berkom & Associates Inc. owned about 0.95% of WillScot Mobile Mini at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the stock. State Street Corp raised its position in WillScot Mobile Mini by 2.3% in the 3rd quarter. State Street Corp now owns 3,346,779 shares of the company's stock worth $125,839,000 after purchasing an additional 74,212 shares during the last quarter. Swedbank AB raised its position in shares of WillScot Mobile Mini by 3.0% during 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 during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of WillScot Mobile Mini by 2.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,533,170 shares of the company's stock worth $57,647,000 after acquiring an additional 43,747 shares during the last quarter. River Road Asset Management LLC lifted its stake in shares of WillScot Mobile Mini by 4.7% during the third quarter. River Road Asset Management LLC now owns 1,409,803 shares of the company's stock valued at $53,009,000 after acquiring an additional 63,752 shares during the period. Finally, Spyglass Capital Management LLC boosted its holdings in WillScot Mobile Mini by 6.3% in the third quarter. Spyglass Capital Management LLC now owns 1,301,780 shares of the company's stock valued at $48,947,000 after acquiring an additional 77,211 shares during the last quarter. 95.81% of the stock is currently owned by institutional investors and hedge funds.

WillScot Mobile Mini Trading Down 8.8 %

WSC traded down $3.40 during mid-day trading on Friday, hitting $35.27. The stock had a trading volume of 6,634,055 shares, compared to its average volume of 1,833,376. WillScot Mobile Mini Holdings Corp. has a 1-year low of $32.57 and a 1-year high of $49.98. The firm has a market capitalization of $6.52 billion, a price-to-earnings ratio of 235.15, a price-to-earnings-growth ratio of 2.18 and a beta of 1.41. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82. The stock's fifty day simple moving average is $35.97 and its 200-day simple moving average is $36.97.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $602.52 million during the quarter, compared to analysts' expectations of $606.55 million. As a group, research analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current fiscal year.

WillScot Mobile Mini Dividend Announcement

The business also recently announced 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 is Wednesday, March 5th.

Wall Street Analyst Weigh In

WSC has been the subject of several recent research reports. Morgan Stanley raised WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and boosted their price objective for the stock from $40.00 to $50.00 in a report on Tuesday, December 17th. Robert W. Baird lowered their price target on shares of WillScot Mobile Mini from $42.00 to $38.00 and set a "neutral" rating for the company in a research report on Thursday, October 31st. Barclays cut their price objective on shares of WillScot Mobile Mini from $44.00 to $40.00 and set an "equal weight" rating on the stock in a report on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft lowered shares of WillScot Mobile Mini from a "buy" rating to a "hold" rating and lowered their target price for the stock from $46.00 to $35.00 in a report on Thursday, October 31st. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, WillScot Mobile Mini presently has a consensus rating of "Moderate Buy" and an average price target of $44.22.

Insiders Place Their Bets

In related news, insider Graeme Parkes sold 2,900 shares of the firm's stock in a transaction 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 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. Corporate insiders own 3.30% of the company's stock.

WillScot Mobile Mini 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.