UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 41,431 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 6.1% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 715,675 shares of the company's stock after purchasing an additional 41,431 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.39% of WillScot Mobile Mini worth $23,939,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Carnegie Lake Advisors LLC lifted its stake in WillScot Mobile Mini by 0.5% in the fourth quarter. Carnegie Lake Advisors LLC now owns 54,580 shares of the company's stock worth $1,826,000 after acquiring an additional 280 shares during the period. Sciencast Management LP lifted its stake in WillScot Mobile Mini by 0.9% in the fourth quarter. Sciencast Management LP now owns 56,961 shares of the company's stock worth $1,905,000 after acquiring an additional 491 shares during the period. State of Wyoming purchased a new stake in WillScot Mobile Mini in the fourth quarter worth $34,000. Gilder Gagnon Howe & Co. LLC lifted its stake in WillScot Mobile Mini by 0.3% in the fourth quarter. Gilder Gagnon Howe & Co. LLC now owns 344,914 shares of the company's stock worth $11,537,000 after acquiring an additional 1,070 shares during the period. Finally, Jones Financial Companies Lllp lifted its stake in WillScot Mobile Mini by 93.5% in the fourth quarter. Jones Financial Companies Lllp now owns 2,303 shares of the company's stock worth $77,000 after acquiring an additional 1,113 shares during the period. Institutional investors own 95.81% of the company's stock.

Analyst Ratings Changes

A number of analysts recently commented on the company. William Blair reaffirmed a "market perform" rating on shares of WillScot Mobile Mini in a research note on Thursday. Oppenheimer dropped their price target on 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. Robert W. Baird dropped their price target on 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. Barclays dropped their price target on WillScot Mobile Mini from $40.00 to $34.00 and set an "equal weight" rating for the company in a research note on Friday, April 4th. Finally, Morgan Stanley raised their price objective on WillScot Mobile Mini from $38.00 to $39.00 and gave the company an "overweight" rating in a research report on Monday, May 12th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $40.63.

Insider Transactions at WillScot Mobile Mini

In other WillScot Mobile Mini news, CEO Bradley Lee Soultz bought 10,000 shares of the firm's stock in a transaction on Tuesday, May 6th. The stock was acquired at an average price of $26.79 per share, with a total value of $267,900.00. Following the transaction, the chief executive officer now owns 128,817 shares in the company, valued at $3,451,007.43. This represents a 8.42% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Erik Olsson sold 110,307 shares of the business's stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $30.19, for a total value of $3,330,168.33. Following the completion of the transaction, the director now directly 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 owned by insiders.

WillScot Mobile Mini Stock Down 1.1%

WillScot Mobile Mini stock traded down $0.31 on Thursday, hitting $27.29. 1,365,459 shares of the stock traded hands, compared to its average volume of 2,697,038. 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 firm has a market cap of $4.98 billion, a P/E ratio of 181.95, a price-to-earnings-growth ratio of 2.18 and a beta of 1.28. The business's fifty day simple moving average is $26.49 and its 200 day simple moving average is $32.19. WillScot Mobile Mini Holdings Corp. has a 1 year low of $21.91 and a 1 year high of $43.80.

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 (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.04). The company 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%. WillScot Mobile Mini's revenue for the quarter was down 4.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.29 EPS. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, June 4th will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Wednesday, June 4th. WillScot Mobile Mini's dividend payout ratio is presently 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.