Aigen Investment Management LP Makes New Investment in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Aigen Investment Management LP bought a new position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 26,073 shares of the company’s stock, valued at approximately $872,000.

A number of other large investors also recently modified their holdings of WSC. Swedbank AB raised its holdings 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 purchasing an additional 2,246,000 shares in the last quarter. Van Berkom & Associates Inc. acquired a new position in shares of WillScot Mobile Mini during the 4th quarter valued at $58,855,000. Douglas Lane & Associates LLC raised its stake in shares of WillScot Mobile Mini by 379.1% in the 4th quarter. Douglas Lane & Associates LLC now owns 997,693 shares of the company’s stock worth $33,373,000 after buying an additional 789,445 shares in the last quarter. Point72 Asset Management L.P. bought a new stake in shares of WillScot Mobile Mini in the 3rd quarter worth $20,773,000. Finally, Marathon Asset Management Ltd bought a new stake in shares of WillScot Mobile Mini in the 4th quarter worth $13,058,000. 95.81% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at WillScot Mobile Mini

In other news, insider Graeme Parkes sold 2,900 shares of the company’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $37.01, for a total transaction of $107,329.00. Following the completion of the sale, the insider now owns 72,818 shares in the company, valued at approximately $2,694,994.18. This represents a 3.83 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 3.30% of the stock is currently owned by corporate insiders.

WillScot Mobile Mini Stock Up 0.8 %

Shares of WillScot Mobile Mini stock opened at $30.30 on Thursday. The stock’s fifty day moving average is $35.69 and its 200-day moving average is $36.82. 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 $28.85 and a 12-month high of $47.91. The firm has a market capitalization of $5.56 billion, a PE ratio of 202.01, a price-to-earnings-growth ratio of 2.18 and a beta of 1.45.

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

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley raised WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $40.00 to $50.00 in a research note on Tuesday, December 17th. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, WillScot Mobile Mini currently has a consensus rating of “Moderate Buy” and an average price target of $44.22.

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.