WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Bought by Maren Capital LLC

Maren Capital LLC lifted its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 74.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 462,674 shares of the company’s stock after acquiring an additional 197,843 shares during the quarter. WillScot Mobile Mini accounts for approximately 1.2% of Maren Capital LLC’s portfolio, making the stock its 17th largest holding. Maren Capital LLC owned about 0.25% of WillScot Mobile Mini worth $15,476,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in WSC. Invesco Ltd. grew its stake in shares of WillScot Mobile Mini by 747.1% during the 4th quarter. Invesco Ltd. now owns 1,820,316 shares of the company’s stock worth $60,890,000 after purchasing an additional 1,605,436 shares during the period. Central Securities Corp acquired a new position in WillScot Mobile Mini during the fourth quarter worth about $7,526,000. FMR LLC lifted its position in shares of WillScot Mobile Mini by 12.0% during the 4th quarter. FMR LLC now owns 5,554,101 shares of the company’s stock valued at $185,785,000 after acquiring an additional 595,063 shares during the period. Russell Investments Group Ltd. increased its stake in WillScot Mobile Mini by 12.4% in the 4th quarter. Russell Investments Group Ltd. now owns 99,442 shares of the company’s stock valued at $3,326,000 after purchasing an additional 10,945 shares in the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC acquired a new stake in WillScot Mobile Mini in the fourth quarter valued at $1,811,000. Hedge funds and other institutional investors own 95.81% of the company’s stock.

Insider Buying and Selling at WillScot Mobile Mini

In other news, COO Timothy D. Boswell bought 5,000 shares of the firm’s stock in a transaction on Thursday, March 13th. The stock was purchased 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 in the company, valued at approximately $995,305.84. This trade represents a 17.15 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Erik Olsson sold 110,307 shares of WillScot Mobile Mini stock in a transaction that occurred on Tuesday, March 18th. The shares were sold at an average price of $30.19, for a total value of $3,330,168.33. Following the sale, the director now directly owns 626,306 shares in the company, valued at approximately $18,908,178.14. This trade represents a 14.97 % decrease in their position. The disclosure for this sale can be found here. 3.30% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on WSC. Robert W. Baird lowered 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 report on Monday, March 10th. Barclays cut their price target on WillScot Mobile Mini from $40.00 to $34.00 and set an “equal weight” rating for the company in a report on Friday. Oppenheimer dropped their price objective on WillScot Mobile Mini from $41.00 to $38.00 and set an “outperform” rating for the company in a research report on Monday, March 10th. Finally, Morgan Stanley upgraded shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $40.00 to $50.00 in a report on Tuesday, December 17th. Four 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, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $42.00.

WillScot Mobile Mini Trading Down 8.1 %

NASDAQ WSC opened at $23.63 on Monday. WillScot Mobile Mini Holdings Corp. has a one year low of $21.91 and a one year high of $44.50. The company’s 50 day moving average price is $32.88 and its 200 day moving average price is $35.40. The firm has a market capitalization of $4.34 billion, a price-to-earnings ratio of 157.54, a PEG 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.

WillScot Mobile Mini (NASDAQ:WSC) last issued its earnings results 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 company had revenue of $602.52 million during the quarter, compared to the consensus estimate of $606.55 million. WillScot Mobile Mini had a return on equity of 24.67% and a net margin of 1.17%. On average, sell-side analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current year.

WillScot Mobile Mini Dividend Announcement

The company also recently declared a — dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Wednesday, March 5th. WillScot Mobile Mini’s dividend payout ratio (DPR) is 186.67%.

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.