WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Acquired by AlphaQuest LLC

AlphaQuest LLC grew its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 221.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,539 shares of the company’s stock after acquiring an additional 12,078 shares during the quarter. AlphaQuest LLC’s holdings in WillScot Mobile Mini were worth $587,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. State Street Corp increased its stake in shares of 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 acquiring an additional 74,212 shares during the last quarter. Swedbank AB increased its stake in shares of WillScot Mobile Mini by 3.0% in the 4th 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. Van Berkom & Associates Inc. acquired a new stake in shares of WillScot Mobile Mini in the 4th quarter worth $58,855,000. Charles Schwab Investment Management Inc. increased its stake in shares of WillScot Mobile Mini by 2.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,568,835 shares of the company’s stock worth $52,478,000 after acquiring an additional 35,665 shares during the last quarter. Finally, Spyglass Capital Management LLC increased its stake in shares of WillScot Mobile Mini by 6.3% in the 3rd quarter. Spyglass Capital Management LLC now owns 1,301,780 shares of the company’s stock worth $48,947,000 after acquiring an additional 77,211 shares during the last quarter. 95.81% of the stock is owned by institutional investors and hedge funds.

WillScot Mobile Mini Stock Performance

Shares of WillScot Mobile Mini stock opened at $30.07 on Wednesday. The business has a 50-day moving average of $35.35 and a 200 day moving average of $36.58. WillScot Mobile Mini Holdings Corp. has a 12 month low of $27.58 and a 12 month high of $47.18. The stock has a market capitalization of $5.52 billion, a price-to-earnings ratio of 200.48, a price-to-earnings-growth ratio of 2.18 and a beta of 1.45. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82.

WillScot Mobile Mini (NASDAQ:WSC) last announced its earnings results on Thursday, February 20th. The company reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. The company had revenue of $602.52 million during the quarter, compared to analysts’ expectations of $606.55 million. WillScot Mobile Mini had a return on equity of 24.67% and a net margin of 1.17%. As a group, sell-side analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.77 earnings per share for the current year.

WillScot Mobile Mini Announces Dividend

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 $0.07 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. WillScot Mobile Mini’s dividend payout ratio is currently 186.67%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on WSC shares. Morgan Stanley upgraded WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $40.00 to $50.00 in a report on Tuesday, December 17th. Oppenheimer lowered their price target on WillScot Mobile Mini from $41.00 to $38.00 and set an “outperform” rating for the company in a report on Monday. Finally, Robert W. Baird lowered their price target on WillScot Mobile Mini from $38.00 to $32.00 and set a “neutral” rating for the company in a report on Monday. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target 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.