William Blair Investment Management LLC Has $185.83 Million Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

William Blair Investment Management LLC grew its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 13.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,555,481 shares of the company's stock after purchasing an additional 664,805 shares during the period. William Blair Investment Management LLC owned approximately 3.01% of WillScot Mobile Mini worth $185,831,000 as of its most recent filing with the Securities and Exchange Commission.

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

WillScot Mobile Mini Price Performance

Shares of WillScot Mobile Mini stock traded down $0.53 during mid-day trading on Friday, reaching $29.75. 35,465,211 shares of the stock were exchanged, compared to its average volume of 2,577,626. The company has a market cap of $5.46 billion, a price-to-earnings ratio of 198.35, a price-to-earnings-growth ratio of 2.18 and a beta of 1.45. The firm has a 50-day simple moving average of $34.81 and a 200 day simple moving average of $36.19. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42. WillScot Mobile Mini Holdings Corp. has a fifty-two week low of $27.58 and a fifty-two week high of $47.18.

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WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.01. The firm had revenue of $602.52 million during the quarter, compared to analysts' expectations of $606.55 million. WillScot Mobile Mini had a net margin of 1.17% and a return on equity of 24.67%. On average, sell-side analysts predict 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 announced a -- dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th were paid a $0.07 dividend. The ex-dividend date was Wednesday, March 5th. WillScot Mobile Mini's dividend payout ratio (DPR) is presently 186.67%.

Insider Transactions at WillScot Mobile Mini

In related news, Director Erik Olsson sold 110,307 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the director now owns 626,306 shares in the company, valued at approximately $18,908,178.14. The trade was a 14.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Timothy D. Boswell purchased 5,000 shares of the firm's stock in a transaction dated Thursday, March 13th. The stock was purchased at an average cost of $29.14 per share, with a total value of $145,700.00. Following the acquisition, the chief operating officer now directly owns 34,156 shares in the company, valued at $995,305.84. This trade represents a 17.15 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 3.30% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

WSC has been the topic of several analyst reports. Morgan Stanley upgraded WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $40.00 to $50.00 in a report on Tuesday, December 17th. Robert W. Baird lowered their target price on WillScot Mobile Mini from $38.00 to $32.00 and set a "neutral" rating on the stock in a report on Monday, March 10th. Finally, Oppenheimer decreased their price target on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an "outperform" rating on the stock in a research report on Monday, March 10th. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, WillScot Mobile Mini presently has an average rating of "Moderate Buy" and a consensus target price of $42.67.

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.