Ulysses Management LLC raised its stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 194.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 508,359 shares of the company's stock after purchasing an additional 335,859 shares during the quarter. WillScot Mobile Mini accounts for about 2.7% of Ulysses Management LLC's holdings, making the stock its 9th biggest holding. Ulysses Management LLC owned approximately 0.28% of WillScot Mobile Mini worth $17,005,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also bought and sold shares of WSC. State of Wyoming bought a new stake in shares of WillScot Mobile Mini in the 4th quarter worth approximately $34,000. 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 acquiring an additional 1,113 shares during the last quarter. Canada Pension Plan Investment Board bought a new stake in shares of WillScot Mobile Mini in the 4th quarter worth approximately $154,000. Headlands Technologies LLC bought a new stake in WillScot Mobile Mini during the 4th quarter valued at $174,000. Finally, FourThought Financial Partners LLC bought a new stake in WillScot Mobile Mini during the 4th quarter valued at $216,000. 95.81% of the stock is currently owned by institutional investors.
Insider Activity at WillScot Mobile Mini
In other WillScot Mobile Mini news, CEO Bradley Lee Soultz acquired 10,000 shares of the stock in a transaction dated Tuesday, May 6th. The shares were purchased at an average price of $26.79 per share, for a total transaction of $267,900.00. Following the purchase, the chief executive officer now directly owns 128,817 shares of the company's stock, valued at approximately $3,451,007.43. This trade 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, COO Timothy D. Boswell acquired 5,000 shares of the stock in a transaction dated Thursday, March 13th. The stock was acquired at an average price of $29.14 per share, for a total transaction of $145,700.00. Following the purchase, the chief operating officer now directly 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 disclosure for this purchase can be found here. 3.30% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
A number of research firms 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 for the company in a report on Monday, March 10th. Morgan Stanley upped their price target on shares of WillScot Mobile Mini from $38.00 to $39.00 and gave the company an "overweight" rating in a report on Monday, May 12th. Oppenheimer lowered their price target on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an "outperform" rating for the company in a report on Monday, March 10th. Finally, Barclays decreased their price objective on shares of WillScot Mobile Mini from $40.00 to $34.00 and set an "equal weight" rating for the company in a report on Friday, April 4th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, WillScot Mobile Mini has an average rating of "Moderate Buy" and a consensus target price of $40.63.
Read Our Latest Research Report on WSC
WillScot Mobile Mini Stock Down 2.3%
NASDAQ:WSC opened at $29.25 on Tuesday. The firm's 50-day moving average price is $26.82 and its 200-day moving average price is $32.64. The company has a market capitalization of $5.37 billion, a PE ratio of 195.01, a P/E/G ratio of 2.18 and a beta of 1.28. 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 1-year low of $21.91 and a 1-year high of $43.80.
WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last released its 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). The business 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 firm's quarterly revenue was down 4.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.29 earnings per share. On average, equities analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current fiscal year.
WillScot Mobile Mini Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Wednesday, June 4th will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 0.96%. The ex-dividend date of this dividend is Wednesday, June 4th. WillScot Mobile Mini's dividend payout ratio (DPR) is 311.11%.
WillScot Mobile Mini Profile
(
Free Report)
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.
Featured Stories
Want to see what other hedge funds are holding WSC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider WillScot Mobile Mini, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WillScot Mobile Mini wasn't on the list.
While WillScot Mobile Mini currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.