Beryl Capital Management LLC Acquires Shares of 77,589 WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Beryl Capital Management LLC purchased a new position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 77,589 shares of the company's stock, valued at approximately $2,595,000. WillScot Mobile Mini comprises 0.6% of Beryl Capital Management LLC's investment portfolio, making the stock its 21st largest holding.

A number of other hedge funds also recently modified their holdings of WSC. Jones Financial Companies Lllp grew its stake in WillScot Mobile Mini by 93.5% during the fourth quarter. Jones Financial Companies Lllp now owns 2,303 shares of the company's stock valued at $77,000 after acquiring an additional 1,113 shares in the last quarter. Canada Pension Plan Investment Board purchased a new position in shares of WillScot Mobile Mini during the 4th quarter valued at $154,000. Headlands Technologies LLC purchased a new position in shares of WillScot Mobile Mini during the 4th quarter valued at $174,000. FourThought Financial Partners LLC bought a new position in shares of WillScot Mobile Mini in the fourth quarter worth $216,000. Finally, Stephens Inc. AR raised its position in shares of WillScot Mobile Mini by 23.0% in the fourth quarter. Stephens Inc. AR now owns 6,544 shares of the company's stock worth $219,000 after buying an additional 1,222 shares in the last quarter. Institutional investors own 95.81% of the company's stock.

WillScot Mobile Mini Price Performance

Shares of WSC stock traded down $0.05 on Wednesday, hitting $26.49. 1,261,516 shares of the stock traded hands, compared to its average volume of 2,698,258. 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 Holdings Corp. has a 52 week low of $21.91 and a 52 week high of $43.80. The firm has a 50 day simple moving average of $27.07 and a two-hundred day simple moving average of $33.23. The firm has a market cap of $4.86 billion, a price-to-earnings ratio of 176.61, a PEG ratio of 2.18 and a beta of 1.28.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.04). The business had revenue of $559.55 million during the quarter, compared to the consensus estimate of $555.51 million. WillScot Mobile Mini had a return on equity of 24.67% and a net margin of 1.17%. The company's revenue for the quarter was down 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.29 earnings per share. As a group, equities research analysts predict 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 quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Wednesday, June 4th will be issued a $0.07 dividend. The ex-dividend date is Wednesday, June 4th. This represents a $0.28 dividend on an annualized basis and a yield of 1.06%. WillScot Mobile Mini's dividend payout ratio is currently 311.11%.

Insiders Place Their Bets

In other WillScot Mobile Mini news, COO Timothy D. Boswell acquired 5,000 shares of the company's stock in a transaction on Thursday, March 13th. The stock was acquired at an average cost of $29.14 per share, with a total value of $145,700.00. Following the purchase, the chief operating officer now directly owns 34,156 shares of the company's stock, valued at approximately $995,305.84. This represents a 17.15 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Erik Olsson sold 110,307 shares of the company's stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $30.19, for a total transaction of $3,330,168.33. Following the sale, 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. Corporate insiders own 3.30% of the company's stock.

Analyst Ratings Changes

Several research firms have recently weighed in on WSC. Barclays lowered their price objective on shares of WillScot Mobile Mini from $40.00 to $34.00 and set an "equal weight" rating on the stock in a research report on Friday, April 4th. Oppenheimer reduced 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 report on Monday, March 10th. Robert W. Baird lowered their price target on shares of WillScot Mobile Mini from $38.00 to $32.00 and set a "neutral" rating for the company in a research note on Monday, March 10th. Finally, Morgan Stanley reduced their price objective on WillScot Mobile Mini from $50.00 to $38.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $40.50.

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.