River Road Asset Management LLC Grows Position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

River Road Asset Management LLC lifted its stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 14.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,616,765 shares of the company's stock after acquiring an additional 206,962 shares during the quarter. River Road Asset Management LLC owned approximately 0.88% of WillScot Mobile Mini worth $54,081,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in WSC. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in WillScot Mobile Mini by 17.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 50,764 shares of the company's stock worth $1,698,000 after purchasing an additional 7,388 shares in the last quarter. AlphaQuest LLC increased its holdings in shares of WillScot Mobile Mini by 221.2% during the fourth quarter. AlphaQuest LLC now owns 17,539 shares of the company's stock valued at $587,000 after acquiring an additional 12,078 shares in the last quarter. Edgestream Partners L.P. increased its holdings in shares of WillScot Mobile Mini by 1,010.2% during the fourth quarter. Edgestream Partners L.P. now owns 104,402 shares of the company's stock valued at $3,492,000 after acquiring an additional 94,998 shares in the last quarter. Geneva Capital Management LLC bought a new stake in shares of WillScot Mobile Mini during the fourth quarter valued at approximately $23,194,000. Finally, Raymond James Financial Inc. bought a new stake in shares of WillScot Mobile Mini during the fourth quarter valued at approximately $8,294,000. 95.81% of the stock is currently owned by institutional investors.

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Insider Buying and Selling

In other WillScot Mobile Mini news, insider Graeme Parkes sold 2,900 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $37.01, for a total value of $107,329.00. Following the completion of the sale, the insider now owns 72,818 shares in the company, valued at approximately $2,694,994.18. This trade represents a 3.83 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 3.30% of the stock is owned by corporate insiders.

WillScot Mobile Mini Price Performance

NASDAQ WSC traded up $0.31 during trading on Tuesday, reaching $30.07. The company's stock had a trading volume of 4,740,464 shares, compared to its average volume of 2,403,102. 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 has a market capitalization of $5.52 billion, a PE ratio of 200.48, a P/E/G ratio of 2.18 and a beta of 1.45. The firm has a fifty day moving average of $35.35 and a 200 day moving average of $36.58. WillScot Mobile Mini Holdings Corp. has a one year low of $27.58 and a one year high of $47.18.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.48 by $0.01. The firm had revenue of $602.52 million for the quarter, compared to analyst estimates of $606.55 million. WillScot Mobile Mini had a return on equity of 24.67% and a net margin of 1.17%. Analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current fiscal year.

WillScot Mobile Mini Dividend Announcement

The company also recently disclosed a -- dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Wednesday, March 5th. WillScot Mobile Mini's dividend payout ratio (DPR) is presently 186.67%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on WSC. Oppenheimer dropped their price objective on WillScot Mobile Mini from $41.00 to $38.00 and set an "outperform" rating on the stock in a report on Monday. Robert W. Baird dropped their price objective on WillScot Mobile Mini from $38.00 to $32.00 and set a "neutral" rating on the stock in a report on Monday. Finally, Morgan Stanley raised WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and increased their price objective for the stock from $40.00 to $50.00 in a report on Tuesday, December 17th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $42.67.

WillScot Mobile Mini Company 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.