Fox Run Management L.L.C. Purchases New Position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Fox Run Management L.L.C. acquired a new position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) in the 4th quarter, Holdings Channel.com reports. The firm acquired 18,283 shares of the company’s stock, valued at approximately $612,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Pathstone Holdings LLC boosted its stake in 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 purchasing an additional 12,346 shares during the period. First Horizon Advisors Inc. boosted its position in shares of WillScot Mobile Mini by 16.4% in the third quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company’s stock valued at $80,000 after acquiring an additional 302 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of WillScot Mobile Mini by 2.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,533,170 shares of the company’s stock valued at $57,647,000 after acquiring an additional 43,747 shares in the last quarter. Swedbank AB increased its position in WillScot Mobile Mini by 229.2% during the third quarter. Swedbank AB now owns 3,226,000 shares of the company’s stock worth $121,298,000 after acquiring an additional 2,246,000 shares during the period. Finally, Fisher Asset Management LLC boosted its holdings in 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 purchasing an additional 384,270 shares during the period. Institutional investors and hedge funds own 95.81% of the company’s stock.

Insider Buying and Selling

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

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Oppenheimer lowered their target price on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an “outperform” rating on the stock in a report on Monday, March 10th. Robert W. Baird dropped their price objective on WillScot Mobile Mini from $38.00 to $32.00 and set a “neutral” rating for the company in a report on Monday, March 10th. Finally, Morgan Stanley upgraded WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $40.00 to $50.00 in a research report on Tuesday, December 17th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, WillScot Mobile Mini has a consensus rating of “Moderate Buy” and an average target price of $42.67.

WillScot Mobile Mini Stock Performance

WillScot Mobile Mini stock opened at $30.60 on Tuesday. The stock has a market cap of $5.62 billion, a PE ratio of 204.01, a P/E/G ratio of 2.18 and a beta of 1.45. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42. WillScot Mobile Mini Holdings Corp. has a 12-month low of $27.58 and a 12-month high of $46.75. The business’s 50-day moving average price is $34.61 and its two-hundred day moving average price is $36.07.

WillScot Mobile Mini (NASDAQ:WSC) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. WillScot Mobile Mini had a net margin of 1.17% and a return on equity of 24.67%. The business had revenue of $602.52 million during the quarter, compared to analysts’ expectations of $606.55 million. As a group, 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 company also recently disclosed a — dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Wednesday, March 5th. WillScot Mobile Mini’s dividend payout ratio (DPR) is 186.67%.

WillScot Mobile Mini 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.