WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Purchased by Brown Brothers Harriman & Co.

Brown Brothers Harriman & Co. increased its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 182,738.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 837,400 shares of the company’s stock after buying an additional 836,942 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in WillScot Mobile Mini were worth $28,011,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in WSC. Carnegie Lake Advisors LLC boosted its stake in shares of WillScot Mobile Mini by 0.5% during the fourth quarter. Carnegie Lake Advisors LLC now owns 54,580 shares of the company’s stock worth $1,826,000 after buying an additional 280 shares during the period. Sciencast Management LP raised its stake in WillScot Mobile Mini by 0.9% during the 4th quarter. Sciencast Management LP now owns 56,961 shares of the company’s stock valued at $1,905,000 after acquiring an additional 491 shares during the last quarter. Jones Financial Companies Lllp lifted its position in WillScot Mobile Mini by 93.5% during the 4th quarter. Jones Financial Companies Lllp now owns 2,303 shares of the company’s stock worth $77,000 after acquiring an additional 1,113 shares during the period. Stephens Inc. AR grew its stake in shares of WillScot Mobile Mini by 23.0% in the 4th quarter. Stephens Inc. AR now owns 6,544 shares of the company’s stock valued at $219,000 after purchasing an additional 1,222 shares during the last quarter. Finally, Levin Capital Strategies L.P. increased its holdings in shares of WillScot Mobile Mini by 17.0% in the fourth quarter. Levin Capital Strategies L.P. now owns 8,770 shares of the company’s stock valued at $293,000 after purchasing an additional 1,272 shares during the period. Institutional investors and hedge funds own 95.81% of the company’s stock.

Insiders Place Their Bets

In other WillScot Mobile Mini news, Director Erik Olsson sold 110,307 shares of the firm’s stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $30.19, for a total transaction 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 approximately $18,908,178.14. This trade represents a 14.97 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Timothy D. Boswell acquired 5,000 shares of WillScot Mobile Mini stock in a transaction dated Thursday, March 13th. The stock was bought at an average price of $29.14 per share, for a total transaction of $145,700.00. Following the completion of the transaction, the chief operating officer now directly owns 34,156 shares of the company’s stock, valued at approximately $995,305.84. This 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 company insiders.

Analysts Set New Price Targets

WSC has been the subject of several recent research reports. Oppenheimer decreased their price target on WillScot Mobile Mini from $41.00 to $38.00 and set an “outperform” rating for the company in a report on Monday, March 10th. Robert W. Baird lowered their target price on shares of WillScot Mobile Mini from $38.00 to $32.00 and set a “neutral” rating on the stock in a report on Monday, March 10th. Finally, Morgan Stanley raised shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $40.00 to $50.00 in a 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 data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $42.67.

WillScot Mobile Mini Price Performance

WSC stock opened at $28.15 on Friday. The company has a market cap of $5.17 billion, a price-to-earnings ratio of 187.68, a PEG ratio of 2.18 and a beta of 1.45. 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 firm has a 50 day moving average of $34.05 and a 200-day moving average of $35.88. WillScot Mobile Mini Holdings Corp. has a 12-month low of $27.58 and a 12-month high of $45.55.

WillScot Mobile Mini (NASDAQ:WSC) last posted its earnings results on Thursday, February 20th. The company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $606.55 million. As a group, equities analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current fiscal year.

WillScot Mobile Mini Announces Dividend

The firm also recently announced a — dividend, which was paid on Wednesday, March 19th. Shareholders 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 currently 186.67%.

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.