Osborne Partners Capital Management LLC Buys Shares of 141,705 WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Osborne Partners Capital Management LLC acquired a new position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 141,705 shares of the company's stock, valued at approximately $6,306,000. Osborne Partners Capital Management LLC owned about 0.07% of WillScot Mobile Mini as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in WSC. BlackRock Inc. lifted its stake in shares of WillScot Mobile Mini by 0.3% in the 1st quarter. BlackRock Inc. now owns 13,063,718 shares of the company's stock valued at $612,427,000 after purchasing an additional 41,400 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of WillScot Mobile Mini by 11.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,841,154 shares of the company's stock valued at $284,523,000 after purchasing an additional 692,784 shares during the period. Clearbridge Investments LLC lifted its stake in shares of WillScot Mobile Mini by 5.2% in the 1st quarter. Clearbridge Investments LLC now owns 6,426,334 shares of the company's stock valued at $251,462,000 after purchasing an additional 316,845 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in shares of WillScot Mobile Mini by 47.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,313,445 shares of the company's stock valued at $295,975,000 after purchasing an additional 2,020,576 shares during the period. Finally, Invesco Ltd. lifted its stake in shares of WillScot Mobile Mini by 37.3% in the 1st quarter. Invesco Ltd. now owns 4,749,059 shares of the company's stock valued at $185,829,000 after purchasing an additional 1,290,938 shares during the period. 95.81% of the stock is currently owned by institutional investors.

WillScot Mobile Mini Stock Performance

Shares of WSC traded down $2.35 during trading hours on Monday, hitting $44.15. The stock had a trading volume of 3,218,941 shares, compared to its average volume of 1,877,285. The company has a debt-to-equity ratio of 2.81, a current ratio of 1.01 and a quick ratio of 0.93. WillScot Mobile Mini Holdings Corp. has a 12 month low of $34.40 and a 12 month high of $52.16. The firm has a market capitalization of $8.39 billion, a PE ratio of 18.70, a PEG ratio of 1.00 and a beta of 1.35. The stock has a fifty day moving average price of $47.46 and a 200 day moving average price of $43.32.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last issued its quarterly earnings data on Tuesday, February 20th. The company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.09). WillScot Mobile Mini had a return on equity of 24.52% and a net margin of 20.15%. The firm had revenue of $612.38 million during the quarter, compared to the consensus estimate of $619.63 million. During the same period in the previous year, the firm earned $0.46 EPS. The business's revenue was down .5% on a year-over-year basis. Analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 2.11 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on WSC. Morgan Stanley began coverage on WillScot Mobile Mini in a research note on Monday, January 8th. They set an "equal weight" rating and a $45.00 price objective for the company. Barclays lifted their price objective on WillScot Mobile Mini from $50.00 to $60.00 and gave the company an "overweight" rating in a research note on Wednesday, February 28th. Jefferies Financial Group cut WillScot Mobile Mini from a "buy" rating to a "hold" rating and lowered their price objective for the company from $58.00 to $42.00 in a research note on Monday. Stifel Nicolaus lifted their price objective on WillScot Mobile Mini from $53.00 to $58.00 and gave the company a "buy" rating in a research note on Wednesday, February 21st. Finally, Oppenheimer lifted their price objective on WillScot Mobile Mini from $55.00 to $57.00 and gave the company an "outperform" rating in a research note on Friday, January 19th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $53.38.

Insider Buying and Selling

In other news, CEO Bradley Lee Soultz acquired 5,000 shares of the business's stock in a transaction that occurred on Monday, March 4th. The stock was bought at an average price of $47.76 per share, with a total value of $238,800.00. Following the completion of the acquisition, the chief executive officer now directly owns 13,869 shares of the company's stock, valued at approximately $662,383.44. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Jeffrey Sagansky sold 75,000 shares of the business's stock in a transaction dated Friday, March 8th. The stock was sold at an average price of $47.50, for a total value of $3,562,500.00. Following the transaction, the director now directly owns 2,420,905 shares in the company, valued at $114,992,987.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Bradley Lee Soultz acquired 5,000 shares of the stock in a transaction dated Monday, March 4th. The stock was acquired at an average price of $47.76 per share, for a total transaction of $238,800.00. Following the completion of the transaction, the chief executive officer now directly owns 13,869 shares of the company's stock, valued at $662,383.44. The disclosure for this purchase can be found here. 3.10% of the stock is currently owned by corporate insiders.

WillScot Mobile Mini Company Profile

WillScot Mobile Mini Holdings Corp. 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.