Headlands Technologies LLC Buys Shares of 5,213 WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Headlands Technologies LLC purchased a new position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 5,213 shares of the company’s stock, valued at approximately $174,000.

A number of other large investors also recently modified their holdings of WSC. Impax Asset Management Group plc acquired a new stake in WillScot Mobile Mini during the fourth quarter worth about $7,192,000. New York Life Investment Management LLC acquired a new stake in shares of WillScot Mobile Mini during the 4th quarter worth approximately $679,000. Geneva Capital Management LLC bought a new stake in shares of WillScot Mobile Mini during the fourth quarter valued at approximately $23,194,000. River Road Asset Management LLC raised its stake in shares of WillScot Mobile Mini by 14.7% in the fourth quarter. River Road Asset Management LLC now owns 1,616,765 shares of the company’s stock valued at $54,081,000 after purchasing an additional 206,962 shares in the last quarter. Finally, TCW Group Inc. raised its stake in shares of WillScot Mobile Mini by 20.1% in the fourth quarter. TCW Group Inc. now owns 46,436 shares of the company’s stock valued at $1,553,000 after purchasing an additional 7,763 shares in the last quarter. 95.81% of the stock is currently owned by institutional investors and hedge funds.

WillScot Mobile Mini Price Performance

WillScot Mobile Mini stock opened at $23.63 on Friday. WillScot Mobile Mini Holdings Corp. has a 52 week low of $21.91 and a 52 week high of $44.50. The firm has a market cap of $4.34 billion, a P/E ratio of 157.54, a P/E/G ratio of 2.18 and a beta of 1.25. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.82 and a current ratio of 0.90. The business’s fifty day moving average is $32.88 and its two-hundred day moving average is $35.42.

WillScot Mobile Mini (NASDAQ:WSC) last issued 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 firm had revenue of $602.52 million for the quarter, compared to analyst estimates of $606.55 million. Equities research 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 company also recently disclosed a — dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were given a $0.07 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. WillScot Mobile Mini’s payout ratio is 186.67%.

Insider Activity

In other WillScot Mobile Mini news, COO Timothy D. Boswell bought 5,000 shares of the company’s stock in a transaction on Thursday, March 13th. The stock was bought at an average price of $29.14 per share, for a total transaction of $145,700.00. Following the transaction, the chief operating officer now owns 34,156 shares of the company’s stock, valued at approximately $995,305.84. The trade was a 17.15 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Erik Olsson sold 110,307 shares of the firm’s stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $30.19, for a total value of $3,330,168.33. Following the completion of the transaction, the director now owns 626,306 shares in the company, valued at $18,908,178.14. This represents a 14.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 3.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on WSC shares. Morgan Stanley upgraded shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $40.00 to $50.00 in a research note on Tuesday, December 17th. Oppenheimer cut their price target on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an “outperform” rating for the company in a research note on Monday, March 10th. Barclays lowered their price objective on WillScot Mobile Mini from $40.00 to $34.00 and set an “equal weight” rating on the stock in a research note on Friday. Finally, Robert W. Baird cut their target price on WillScot Mobile Mini from $38.00 to $32.00 and set a “neutral” rating for the company in a research report on Monday, March 10th. Four 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 $42.00.

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.