NBC Securities Inc. Has $293,000 Position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

NBC Securities Inc. raised its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 95,727.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,541 shares of the company's stock after buying an additional 10,530 shares during the period. NBC Securities Inc.'s holdings in WillScot Mobile Mini were worth $293,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of WSC. State of Wyoming purchased a new position in WillScot Mobile Mini during the 4th quarter valued at about $34,000. Jones Financial Companies Lllp raised its position 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 bought a new position in WillScot Mobile Mini during the fourth quarter valued at approximately $154,000. Headlands Technologies LLC acquired a new stake in WillScot Mobile Mini in the fourth quarter valued at approximately $174,000. Finally, FourThought Financial Partners LLC bought a new stake in WillScot Mobile Mini in the fourth quarter worth approximately $216,000. 95.81% of the stock is owned by institutional investors.

Insider Buying and Selling at WillScot Mobile Mini

In other WillScot Mobile Mini news, COO Timothy D. Boswell bought 5,000 shares of the stock in a transaction that occurred on Thursday, March 13th. The shares were acquired at an average price of $29.14 per share, with a total value of $145,700.00. Following the completion of the purchase, the chief operating officer now directly owns 34,156 shares in the company, valued at $995,305.84. The trade was a 17.15% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Bradley Lee Soultz purchased 10,000 shares of the company's stock in a transaction that occurred on Tuesday, May 6th. The stock was acquired at an average cost of $26.79 per share, with a total value of $267,900.00. Following the transaction, the chief executive officer now directly owns 128,817 shares of the company's stock, valued at approximately $3,451,007.43. This represents a 8.42% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 3.30% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on WSC shares. William Blair restated a "market perform" rating on shares of WillScot Mobile Mini in a report on Thursday, May 29th. Barclays cut 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, April 4th. Morgan Stanley boosted their target price on WillScot Mobile Mini from $38.00 to $39.00 and gave the stock an "overweight" rating in a report on Monday, May 12th. Oppenheimer lowered their price target on WillScot Mobile Mini from $41.00 to $38.00 and set an "outperform" rating on the stock in a report on Monday, March 10th. Finally, Robert W. Baird dropped 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. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $40.63.

WillScot Mobile Mini Stock Performance

NASDAQ WSC traded up $0.18 during trading on Tuesday, hitting $28.47. The company's stock had a trading volume of 1,482,448 shares, compared to its average volume of 2,698,242. The firm has a 50 day moving average price of $26.27 and a 200 day moving average price of $31.67. The firm has a market cap of $5.19 billion, a P/E ratio of 189.81, a price-to-earnings-growth ratio of 2.18 and a beta of 1.25. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42. WillScot Mobile Mini Holdings Corp. has a 52 week low of $21.91 and a 52 week high of $43.80.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The company reported $0.24 earnings per share for the quarter, missing analysts' consensus estimates of $0.28 by ($0.04). WillScot Mobile Mini had a net margin of 1.17% and a return on equity of 24.67%. The company had revenue of $559.55 million during the quarter, compared to the consensus estimate of $555.51 million. During the same period last year, the company earned $0.29 earnings per share. WillScot Mobile Mini's revenue for the quarter was down 4.7% on a year-over-year basis. 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 declared a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Wednesday, June 4th will be paid a dividend of $0.07 per share. The ex-dividend date of this dividend is Wednesday, June 4th. This represents a $0.28 annualized dividend and a yield of 0.98%. WillScot Mobile Mini's dividend payout ratio is 311.11%.

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.