Capital International Investors Has $177.54 Million Stock Position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Capital International Investors raised its stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 20.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,307,738 shares of the company's stock after buying an additional 897,184 shares during the quarter. Capital International Investors owned about 2.87% of WillScot Mobile Mini worth $177,544,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Canada Pension Plan Investment Board bought a new position in shares of WillScot Mobile Mini in the 4th quarter worth approximately $154,000. Marshall Wace LLP increased its holdings in WillScot Mobile Mini by 924.8% in the 4th quarter. Marshall Wace LLP now owns 85,999 shares of the company's stock worth $2,877,000 after acquiring an additional 77,607 shares in the last quarter. Mariner LLC raised its position in shares of WillScot Mobile Mini by 66.1% during the 4th quarter. Mariner LLC now owns 146,294 shares of the company's stock valued at $4,893,000 after purchasing an additional 58,198 shares during the period. Timucuan Asset Management Inc. FL lifted its stake in shares of WillScot Mobile Mini by 0.9% during the 4th quarter. Timucuan Asset Management Inc. FL now owns 2,519,524 shares of the company's stock valued at $84,278,000 after buying an additional 23,005 shares in the last quarter. Finally, Sterling Capital Management LLC increased its stake in WillScot Mobile Mini by 44.4% in the 4th quarter. Sterling Capital Management LLC now owns 8,605 shares of the company's stock worth $288,000 after buying an additional 2,646 shares in the last quarter. 95.81% of the stock is owned by institutional investors.

Insider Transactions at WillScot Mobile Mini

In related news, COO Timothy D. Boswell acquired 5,000 shares of the business's stock in a transaction dated Thursday, March 13th. The stock was bought at an average price of $29.14 per share, for a total transaction of $145,700.00. Following the transaction, the chief operating officer now owns 34,156 shares of the company's stock, valued at approximately $995,305.84. The trade was a 17.15 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Erik Olsson sold 110,307 shares of the company's stock in a transaction on 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 in the company, valued at $18,908,178.14. This trade represents a 14.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 3.30% of the company's stock.

WillScot Mobile Mini Price Performance

WSC stock traded up $0.27 during midday trading on Friday, hitting $25.16. 713,517 shares of the stock were exchanged, compared to its average volume of 3,324,480. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.82 and a current ratio of 0.90. The stock has a market cap of $4.62 billion, a price-to-earnings ratio of 167.77, a PEG ratio of 2.18 and a beta of 1.25. The stock's 50-day moving average price is $28.67 and its 200-day moving average price is $33.85. WillScot Mobile Mini Holdings Corp. has a fifty-two week low of $21.91 and a fifty-two week high of $43.80.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.01. The firm had revenue of $602.52 million during the quarter, compared to the consensus estimate of $606.55 million. WillScot Mobile Mini had a net margin of 1.17% and a return on equity of 24.67%. Research analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.77 earnings per share for the current year.

WillScot Mobile Mini Announces Dividend

The firm also recently declared a -- dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were paid a $0.07 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. WillScot Mobile Mini's dividend payout ratio (DPR) is 186.67%.

Analysts Set New Price Targets

A number of research firms have recently commented on WSC. Robert W. Baird cut their target price on WillScot Mobile Mini from $38.00 to $32.00 and set a "neutral" rating on the stock in a research note on Monday, March 10th. Oppenheimer lowered their price target on WillScot Mobile Mini from $41.00 to $38.00 and set an "outperform" rating for the company in a report on Monday, March 10th. 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. Finally, Morgan Stanley cut their target price on shares of WillScot Mobile Mini from $50.00 to $38.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, WillScot Mobile Mini currently has a consensus rating of "Moderate Buy" and a consensus target price of $40.50.

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.