Quantbot Technologies LP Has $2.09 Million Stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Quantbot Technologies LP decreased its holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 2.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 62,419 shares of the company’s stock after selling 1,735 shares during the period. Quantbot Technologies LP’s holdings in WillScot Mobile Mini were worth $2,088,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Pathstone Holdings LLC grew its stake in shares of WillScot Mobile Mini by 40.9% in the 3rd quarter. Pathstone Holdings LLC now owns 42,549 shares of the company’s stock valued at $1,600,000 after buying an additional 12,346 shares in the last quarter. First Horizon Advisors Inc. grew its stake in shares of WillScot Mobile Mini by 16.4% in the 3rd quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company’s stock valued at $80,000 after buying an additional 302 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of WillScot Mobile Mini by 2.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,533,170 shares of the company’s stock valued at $57,647,000 after buying an additional 43,747 shares in the last quarter. Swedbank AB grew its stake in shares of WillScot Mobile Mini by 229.2% in the 3rd quarter. Swedbank AB now owns 3,226,000 shares of the company’s stock valued at $121,298,000 after buying an additional 2,246,000 shares in the last quarter. Finally, Fisher Asset Management LLC grew its stake in shares of WillScot Mobile Mini by 58.3% in the 3rd quarter. Fisher Asset Management LLC now owns 1,043,055 shares of the company’s stock valued at $39,219,000 after buying an additional 384,270 shares in the last quarter. Institutional investors and hedge funds own 95.81% of the company’s stock.

WillScot Mobile Mini Stock Down 1.8 %

WSC opened at $29.75 on Monday. WillScot Mobile Mini Holdings Corp. has a 1-year low of $27.58 and a 1-year high of $46.75. 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 has a market capitalization of $5.46 billion, a price-to-earnings ratio of 198.35, a P/E/G ratio of 2.18 and a beta of 1.45. The business has a 50 day moving average of $34.70 and a 200-day moving average of $36.12.

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 the consensus estimate of $0.48 by $0.01. WillScot Mobile Mini had a return on equity of 24.67% and a net margin of 1.17%. The company had revenue of $602.52 million during the quarter, compared to analysts’ expectations of $606.55 million. As a group, sell-side analysts anticipate 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 disclosed a — dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th were given a $0.07 dividend. The ex-dividend date was Wednesday, March 5th. WillScot Mobile Mini’s dividend payout ratio is 186.67%.

Insider Activity at WillScot Mobile Mini

In other news, COO Timothy D. Boswell bought 5,000 shares of the business’s stock in a transaction that occurred on Thursday, March 13th. The stock was acquired at an average cost of $29.14 per share, for a total transaction of $145,700.00. Following the completion of the purchase, the chief operating officer now owns 34,156 shares of the company’s stock, valued at $995,305.84. This trade represents a 17.15 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Erik Olsson sold 110,307 shares of the company’s stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $30.19, for a total value of $3,330,168.33. Following the completion of the transaction, the director now owns 626,306 shares of the company’s stock, valued at $18,908,178.14. The trade was a 14.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.30% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

WSC has been the subject of several recent research reports. Robert W. Baird lowered their price target on WillScot Mobile Mini from $38.00 to $32.00 and set a “neutral” rating for the company in a research note on Monday, March 10th. Morgan Stanley raised WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $40.00 to $50.00 in a research report on Tuesday, December 17th. Finally, Oppenheimer decreased their target price on WillScot Mobile Mini from $41.00 to $38.00 and set an “outperform” rating for the company in a research report on Monday, March 10th. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $42.67.

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.