WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lifted its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 1.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,919,430 shares of the company's stock after purchasing an additional 47,158 shares during the period. Dimensional Fund Advisors LP owned about 1.58% of WillScot Mobile Mini worth $97,654,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

WSC has been the subject of a number of recent research reports. Oppenheimer reduced their price objective 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 dropped 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 report on Friday, April 4th. Morgan Stanley decreased their price target on shares of WillScot Mobile Mini from $50.00 to $38.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Finally, Robert W. Baird decreased their target price on shares of 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 assigned a buy rating to the company's stock. According to data from MarketBeat, WillScot Mobile Mini has a consensus rating of "Moderate Buy" and a consensus price target of $40.50.

WillScot Mobile Mini Stock Performance

Shares of NASDAQ WSC traded up $1.67 during midday trading on Friday, reaching $27.30. The company had a trading volume of 3,480,587 shares, compared to its average volume of 2,723,324. WillScot Mobile Mini Holdings Corp. has a 1 year low of $21.91 and a 1 year high of $43.80. The business's 50-day simple moving average is $27.47 and its 200 day simple moving average is $33.46. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42. The stock has a market cap of $5.01 billion, a P/E ratio of 182.01, a P/E/G ratio of 2.18 and a beta of 1.25.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by ($0.04). The firm had revenue of $559.55 million during the quarter, compared to analysts' expectations of $555.51 million. WillScot Mobile Mini had a return on equity of 24.67% and a net margin of 1.17%. The business's revenue was down 4.7% on a year-over-year basis. During the same quarter last year, the business earned $0.29 EPS. On average, analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.77 earnings per share for the current fiscal year.

WillScot Mobile Mini Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Wednesday, June 4th will be issued a dividend of $0.07 per share. The ex-dividend date is Wednesday, June 4th. This represents a $0.28 annualized dividend and a dividend yield of 1.03%. WillScot Mobile Mini's dividend payout ratio (DPR) is presently 186.67%.

Insider Activity at WillScot Mobile Mini

In other news, COO Timothy D. Boswell purchased 5,000 shares of the company's stock in a transaction that occurred on Thursday, March 13th. The shares were bought at an average price of $29.14 per share, for a total transaction of $145,700.00. Following the completion of the transaction, the chief operating officer now owns 34,156 shares in the company, valued at $995,305.84. This represents a 17.15 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Erik Olsson sold 110,307 shares of the company's stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $30.19, for a total transaction of $3,330,168.33. Following the completion of the transaction, the director now owns 626,306 shares of the company's stock, 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 insiders.

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.