12,912 Shares in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 12,912 shares of the company’s stock, valued at approximately $432,000.

Several other institutional investors also recently made changes to their positions in the stock. Jones Financial Companies Lllp boosted 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 valued at $77,000 after purchasing an additional 1,113 shares during the period. First Horizon Advisors Inc. lifted 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 valued at $80,000 after buying an additional 302 shares during the last quarter. FourThought Financial Partners LLC acquired a new position in shares of WillScot Mobile Mini during the fourth quarter valued at $216,000. Stephens Inc. AR grew its position in shares of WillScot Mobile Mini by 23.0% during the fourth quarter. Stephens Inc. AR now owns 6,544 shares of the company’s stock worth $219,000 after acquiring an additional 1,222 shares during the last quarter. Finally, Avanza Fonder AB acquired a new stake in shares of WillScot Mobile Mini in the 4th quarter worth about $224,000. 95.81% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, COO Timothy D. Boswell bought 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, for a total transaction of $145,700.00. Following the completion of the acquisition, the chief operating officer now directly owns 34,156 shares in the company, valued at $995,305.84. This represents a 17.15 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Erik Olsson sold 110,307 shares of the business’s stock in a transaction that occurred 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 sale, the director now owns 626,306 shares in the company, valued at $18,908,178.14. This represents a 14.97 % decrease in their position. The disclosure for this sale can be found here. Insiders own 3.30% of the company’s stock.

WillScot Mobile Mini Stock Performance

WSC opened at $30.60 on Tuesday. The business has a 50 day moving average price of $34.61 and a two-hundred day moving average price of $36.07. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82. The company has a market capitalization of $5.62 billion, a price-to-earnings ratio of 204.01, a price-to-earnings-growth ratio of 2.18 and a beta of 1.45. WillScot Mobile Mini Holdings Corp. has a 1-year low of $27.58 and a 1-year high of $46.75.

WillScot Mobile Mini (NASDAQ:WSC) last announced 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. The business had revenue of $602.52 million during the quarter, compared to analyst estimates of $606.55 million. WillScot Mobile Mini had a return on equity of 24.67% and a net margin of 1.17%. Research analysts predict 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 disclosed a — dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th were paid a $0.07 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. WillScot Mobile Mini’s dividend payout ratio is currently 186.67%.

Analyst Ratings Changes

A number of research analysts have issued reports on WSC shares. Robert W. Baird reduced their target price on shares of 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. Oppenheimer reduced their price objective 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. Finally, Morgan Stanley upgraded WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $40.00 to $50.00 in a research report on Tuesday, December 17th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, WillScot Mobile Mini currently has an average rating of “Moderate Buy” and a consensus price target of $42.67.

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.