WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) COO Timothy D. Boswell Acquires 5,000 Shares

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Get Free Report) COO Timothy D. Boswell bought 5,000 shares of the company's stock in a transaction dated Thursday, March 13th. The shares were purchased at an average price of $29.14 per share, with a total value of $145,700.00. Following the completion of the acquisition, 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 acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

WillScot Mobile Mini Price Performance

WSC traded down $1.32 during midday trading on Thursday, hitting $28.60. 2,826,668 shares of the company traded hands, compared to its average volume of 2,418,362. The business has a 50 day simple moving average of $35.28 and a two-hundred day simple moving average of $36.53. 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 company has a market capitalization of $5.25 billion, a price-to-earnings ratio of 190.68, a PEG ratio of 2.18 and a beta of 1.45. WillScot Mobile Mini Holdings Corp. has a 52-week low of $27.58 and a 52-week high of $47.18.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last issued its 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. 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 for the quarter, compared to the consensus estimate of $606.55 million. On average, equities analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.77 earnings per share for the current fiscal year.

WillScot Mobile Mini Dividend Announcement

The business also recently declared a -- dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th will be given a dividend of $0.07 per share. The ex-dividend date is Wednesday, March 5th. WillScot Mobile Mini's dividend payout ratio is presently 186.67%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Morgan Stanley upgraded shares of WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and lifted their target price for the company from $40.00 to $50.00 in a report on Tuesday, December 17th. Robert W. Baird dropped their price target on shares of WillScot Mobile Mini from $38.00 to $32.00 and set a "neutral" rating on the stock in a research note on Monday. Finally, Oppenheimer lowered their target price on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an "outperform" rating on the stock in a research note on Monday. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, WillScot Mobile Mini presently has an average rating of "Moderate Buy" and an average target price of $42.67.

Remove Ads

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. State of Wyoming purchased a new position in WillScot Mobile Mini in the fourth quarter worth approximately $34,000. Jones Financial Companies Lllp increased its stake in WillScot Mobile Mini by 93.5% in the 4th quarter. Jones Financial Companies Lllp now owns 2,303 shares of the company's stock valued at $77,000 after buying an additional 1,113 shares during the period. First Horizon Advisors Inc. increased its stake in WillScot Mobile Mini by 16.4% in the 3rd quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company's stock valued at $80,000 after buying an additional 302 shares during the period. Canada Pension Plan Investment Board acquired a new position in shares of WillScot Mobile Mini during the 4th quarter worth $154,000. Finally, Headlands Technologies LLC acquired a new stake in shares of WillScot Mobile Mini during the 4th quarter valued at approximately $174,000. Institutional investors and hedge funds own 95.81% 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.