Jones Financial Companies Lllp Buys 1,113 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Jones Financial Companies Lllp increased its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 93.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,303 shares of the company’s stock after buying an additional 1,113 shares during the quarter. Jones Financial Companies Lllp’s holdings in WillScot Mobile Mini were worth $77,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. KBC Group NV increased its stake in WillScot Mobile Mini by 14.7% in the third quarter. KBC Group NV now owns 5,110 shares of the company’s stock worth $192,000 after purchasing an additional 655 shares during the period. Pathstone Holdings LLC increased its stake in WillScot Mobile Mini by 40.9% in the third quarter. Pathstone Holdings LLC now owns 42,549 shares of the company’s stock worth $1,600,000 after purchasing an additional 12,346 shares during the period. B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in WillScot Mobile Mini in the third quarter worth $4,418,000. First Horizon Advisors Inc. increased its stake in WillScot Mobile Mini by 16.4% in the third quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company’s stock worth $80,000 after purchasing an additional 302 shares during the period. Finally, Anthracite Investment Company Inc. purchased a new stake in WillScot Mobile Mini in the third quarter worth $2,256,000. 95.81% of the stock is currently owned by institutional investors.

WillScot Mobile Mini Price Performance

WSC stock opened at $29.95 on Monday. 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 company has a market capitalization of $5.50 billion, a PE ratio of 199.68, a P/E/G ratio of 2.18 and a beta of 1.45. WillScot Mobile Mini Holdings Corp. has a 12-month low of $27.58 and a 12-month high of $47.18. The business’s fifty day moving average price is $35.10 and its 200 day moving average price is $36.39.

WillScot Mobile Mini (NASDAQ:WSC) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.49 earnings per share for the quarter, topping 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 for the quarter, compared to the consensus estimate of $606.55 million. On average, sell-side analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current year.

WillScot Mobile Mini Dividend Announcement

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

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Robert W. Baird cut their price target on WillScot Mobile Mini from $38.00 to $32.00 and set a “neutral” rating on the stock in a research note on Monday, March 10th. Oppenheimer cut their price target on WillScot Mobile Mini from $41.00 to $38.00 and set an “outperform” rating on the stock in a research note 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 company from $40.00 to $50.00 in a research note on Tuesday, December 17th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, WillScot Mobile Mini currently has a consensus rating of “Moderate Buy” and a consensus target price of $42.67.

Insider Activity at WillScot Mobile Mini

In related news, COO Timothy D. Boswell acquired 5,000 shares of the firm’s stock in a transaction on Thursday, March 13th. The stock was bought at an average cost of $29.14 per share, with a total value of $145,700.00. Following the transaction, the chief operating officer now owns 34,156 shares of the company’s stock, valued at $995,305.84. The trade was a 17.15 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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.