WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Acquired by Fisher Asset Management LLC

Fisher Asset Management LLC grew its stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 1.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 641,806 shares of the company’s stock after purchasing an additional 11,345 shares during the period. Fisher Asset Management LLC’s holdings in WillScot Mobile Mini were worth $28,560,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of WSC. Franklin Resources Inc. boosted its stake in WillScot Mobile Mini by 149.9% in the 4th quarter. Franklin Resources Inc. now owns 6,751,072 shares of the company’s stock worth $300,423,000 after purchasing an additional 4,049,872 shares during the period. Boston Partners purchased a new stake in shares of WillScot Mobile Mini in the fourth quarter valued at $145,583,000. Norges Bank acquired a new stake in shares of WillScot Mobile Mini in the fourth quarter worth $101,809,000. Capital Research Global Investors purchased a new position in shares of WillScot Mobile Mini during the fourth quarter valued at $81,981,000. Finally, Ameriprise Financial Inc. raised its position in WillScot Mobile Mini by 11.3% during the third quarter. Ameriprise Financial Inc. now owns 6,841,154 shares of the company’s stock valued at $284,523,000 after buying an additional 692,784 shares during the period. 95.81% of the stock is owned by hedge funds and other institutional investors.

WillScot Mobile Mini Trading Up 1.7 %

Shares of NASDAQ:WSC opened at $38.49 on Tuesday. WillScot Mobile Mini Holdings Corp. has a 1 year low of $34.40 and a 1 year high of $52.16. The firm has a fifty day moving average price of $39.19 and a 200 day moving average price of $43.31. The stock has a market capitalization of $7.32 billion, a PE ratio of 23.76, a P/E/G ratio of 1.09 and a beta of 1.40. The company has a current ratio of 0.97, a quick ratio of 0.89 and a debt-to-equity ratio of 2.63.

WillScot Mobile Mini (NASDAQ:WSC) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.04). The firm had revenue of $587.18 million during the quarter, compared to analyst estimates of $579.98 million. WillScot Mobile Mini had a return on equity of 24.14% and a net margin of 13.48%. WillScot Mobile Mini’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.36 earnings per share. Analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.85 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have commented on WSC. Oppenheimer restated an “outperform” rating and set a $53.00 price objective (down from $60.00) on shares of WillScot Mobile Mini in a research report on Monday, May 6th. Barclays boosted their price objective on shares of WillScot Mobile Mini from $50.00 to $60.00 and gave the company an “overweight” rating in a research report on Wednesday, February 28th. Wells Fargo & Company increased their target price on shares of WillScot Mobile Mini from $55.00 to $57.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 21st. Jefferies Financial Group cut shares of WillScot Mobile Mini from a “buy” rating to a “hold” rating and lowered their price target for the company from $58.00 to $42.00 in a report on Monday, April 1st. Finally, DA Davidson cut their price objective on WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating for the company in a report on Tuesday, May 7th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $51.00.

Insider Activity at WillScot Mobile Mini

In other WillScot Mobile Mini news, CEO Bradley Lee Soultz acquired 5,000 shares of WillScot Mobile Mini stock in a transaction dated Tuesday, May 7th. The stock was bought at an average cost of $38.44 per share, with a total value of $192,200.00. Following the completion of the transaction, the chief executive officer now owns 157,771 shares of the company’s stock, valued at $6,064,717.24. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 3.30% of the stock is 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.