WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 2.3% in the 4th quarter, HoldingsChannel reports. The firm owned 1,568,835 shares of the company’s stock after buying an additional 35,665 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in WillScot Mobile Mini were worth $52,478,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of WSC. State Street Corp raised its holdings in WillScot Mobile Mini by 2.3% in the 3rd quarter. State Street Corp now owns 3,346,779 shares of the company’s stock valued at $125,839,000 after acquiring an additional 74,212 shares during the last quarter. Swedbank AB raised its holdings in WillScot Mobile Mini by 3.0% in the 4th quarter. Swedbank AB now owns 3,324,000 shares of the company’s stock valued at $111,188,000 after acquiring an additional 98,000 shares during the last quarter. Van Berkom & Associates Inc. acquired a new position in WillScot Mobile Mini in the 4th quarter valued at $58,855,000. Spyglass Capital Management LLC grew its stake in shares of WillScot Mobile Mini by 6.3% during the 3rd quarter. Spyglass Capital Management LLC now owns 1,301,780 shares of the company’s stock valued at $48,947,000 after buying an additional 77,211 shares during the period. Finally, Fisher Asset Management LLC grew its stake in shares of WillScot Mobile Mini by 21.0% during the 4th quarter. Fisher Asset Management LLC now owns 1,262,166 shares of the company’s stock valued at $42,219,000 after buying an additional 219,111 shares during the period. 95.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Oppenheimer decreased their price target on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an “outperform” rating for the company in a research report on Monday. Morgan Stanley raised shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $40.00 to $50.00 in a research report on Tuesday, December 17th. Finally, Robert W. Baird decreased their price target on shares of WillScot Mobile Mini from $38.00 to $32.00 and set a “neutral” rating for the company in a research report on Monday. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, WillScot Mobile Mini currently has a consensus rating of “Moderate Buy” and a consensus price target of $42.67.

WillScot Mobile Mini Stock Performance

NASDAQ:WSC opened at $28.60 on Friday. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82. The firm has a 50-day moving average of $35.18 and a two-hundred day moving average of $36.48. The stock has a market cap of $5.25 billion, a P/E ratio of 190.68, a PEG ratio of 2.18 and a beta of 1.45. WillScot Mobile Mini Holdings Corp. has a 1-year low of $27.58 and a 1-year high of $47.18.

WillScot Mobile Mini (NASDAQ:WSC) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. The company had revenue of $602.52 million during the quarter, compared to analysts’ expectations of $606.55 million. WillScot Mobile Mini had a net margin of 1.17% and a return on equity of 24.67%. On average, research analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.77 earnings per share for the current fiscal year.

WillScot Mobile Mini Announces Dividend

The business also recently announced a — dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. WillScot Mobile Mini’s dividend payout ratio (DPR) is presently 186.67%.

Insider Activity

In related news, COO Timothy D. Boswell bought 5,000 shares of the business’s stock in a transaction dated Thursday, March 13th. The shares were acquired at an average price of $29.14 per share, for a total transaction of $145,700.00. Following the purchase, 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 position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 3.30% of the company’s stock.

WillScot Mobile Mini Company Profile

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.