Ulysses Management LLC lifted its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 194.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 508,359 shares of the company's stock after buying an additional 335,859 shares during the quarter. WillScot Mobile Mini comprises 2.7% of Ulysses Management LLC's portfolio, making the stock its 9th biggest holding. Ulysses Management LLC owned 0.28% of WillScot Mobile Mini worth $17,005,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in WSC. Barclays PLC grew its position in WillScot Mobile Mini by 770.3% in the 3rd quarter. Barclays PLC now owns 353,485 shares of the company's stock valued at $13,292,000 after acquiring an additional 312,867 shares during the last quarter. Avanza Fonder AB purchased a new stake in shares of WillScot Mobile Mini in the 4th quarter worth $224,000. KBC Group NV lifted its holdings in shares of WillScot Mobile Mini by 53.7% in the 4th quarter. KBC Group NV now owns 7,854 shares of the company's stock worth $263,000 after buying an additional 2,744 shares during the period. Hantz Financial Services Inc. lifted its holdings in shares of WillScot Mobile Mini by 37.8% in the 4th quarter. Hantz Financial Services Inc. now owns 98,286 shares of the company's stock worth $3,288,000 after buying an additional 26,964 shares during the period. Finally, Swedbank AB lifted its holdings in shares of WillScot Mobile Mini by 3.0% in the 4th quarter. Swedbank AB now owns 3,324,000 shares of the company's stock worth $111,188,000 after buying an additional 98,000 shares during the period. Institutional investors own 95.81% of the company's stock.
WillScot Mobile Mini Stock Performance
Shares of WSC stock traded down $0.07 during mid-day trading on Friday, reaching $27.32. The stock had a trading volume of 1,081,046 shares, compared to its average volume of 2,701,143. The business's fifty day moving average is $26.65 and its 200-day moving average is $32.38. 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 price-to-earnings ratio of 182.15, a PEG ratio of 2.18 and a beta of 1.28. 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 issued its quarterly 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 business had revenue of $559.55 million for 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 for the quarter was down 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.29 EPS. On average, research 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. Investors 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 annualized dividend and a dividend yield of 1.02%. WillScot Mobile Mini's dividend payout ratio is presently 311.11%.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on WSC shares. Barclays lowered their target price on 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. Robert W. Baird decreased their price objective 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. Oppenheimer decreased their price objective 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. Finally, Morgan Stanley upped their target price 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. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $40.63.
Get Our Latest Stock Analysis on WSC
Insider Activity at WillScot Mobile Mini
In other news, 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 directly owns 626,306 shares of the company's stock, valued at approximately $18,908,178.14. This represents a 14.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Timothy D. Boswell bought 5,000 shares of WillScot Mobile Mini stock in a transaction dated Thursday, March 13th. The stock was purchased at an average cost of $29.14 per share, with a total value of $145,700.00. Following the completion of the acquisition, the chief operating officer now directly owns 34,156 shares in the company, valued at approximately $995,305.84. The trade was a 17.15% increase in their position. The disclosure for this purchase can be found here. Insiders own 3.30% of the company's stock.
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.
Read More

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
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report