WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Acquired by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 39.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,889,596 shares of the company's stock after purchasing an additional 533,750 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned 1.02% of WillScot Mobile Mini worth $63,207,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Carnegie Lake Advisors LLC boosted its holdings in WillScot Mobile Mini by 0.5% in the 4th quarter. Carnegie Lake Advisors LLC now owns 54,580 shares of the company's stock worth $1,826,000 after buying an additional 280 shares during the last quarter. Sciencast Management LP lifted its position in shares of WillScot Mobile Mini by 0.9% in the fourth quarter. Sciencast Management LP now owns 56,961 shares of the company's stock valued at $1,905,000 after acquiring an additional 491 shares in the last quarter. State of Wyoming acquired a new stake in shares of WillScot Mobile Mini in the fourth quarter worth approximately $34,000. Gilder Gagnon Howe & Co. LLC boosted its stake in shares of 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 last quarter. Finally, Jones Financial Companies Lllp increased its position in shares of WillScot Mobile Mini by 93.5% during the fourth quarter. Jones Financial Companies Lllp now owns 2,303 shares of the company's stock worth $77,000 after purchasing an additional 1,113 shares in the last quarter. Institutional investors and hedge funds own 95.81% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Barclays lowered their target price on shares of 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. Oppenheimer lowered their price target on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an "outperform" rating on the stock in a research report on Monday, March 10th. Morgan Stanley increased their price objective 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. Finally, Robert W. Baird lowered their target price on WillScot Mobile Mini from $38.00 to $32.00 and set a "neutral" rating on the stock in a report on Monday, March 10th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $40.63.

WillScot Mobile Mini Trading Down 0.4%

WillScot Mobile Mini stock traded down $0.12 during midday trading on Wednesday, hitting $27.91. 502,311 shares of the stock were exchanged, compared to its average volume of 2,687,798. 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's 50-day simple moving average is $26.53 and its 200 day simple moving average is $32.22. WillScot Mobile Mini Holdings Corp. has a fifty-two week low of $21.91 and a fifty-two week high of $43.80. The stock has a market capitalization of $5.09 billion, a price-to-earnings ratio of 186.15, a PEG ratio of 2.18 and a beta of 1.28.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.24 EPS 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 analyst estimates of $555.51 million. WillScot Mobile Mini had a net margin of 1.17% and a return on equity of 24.67%. The company's revenue was down 4.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.29 earnings per share. On average, equities analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current year.

WillScot Mobile Mini Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Wednesday, June 4th will be given a $0.07 dividend. The ex-dividend date is Wednesday, June 4th. This represents a $0.28 dividend on an annualized basis and a yield of 1.00%. WillScot Mobile Mini's payout ratio is currently 311.11%.

Insiders Place Their Bets

In other WillScot Mobile Mini news, CEO Bradley Lee Soultz purchased 10,000 shares of the business's stock in a transaction on Tuesday, May 6th. The shares were bought at an average cost of $26.79 per share, for a total transaction of $267,900.00. Following the completion of 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Timothy D. Boswell purchased 5,000 shares of the business's stock in a transaction 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 acquisition, the chief operating officer now owns 34,156 shares in the company, valued at $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.

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.