WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 18.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,596,990 shares of the company’s stock after purchasing an additional 411,808 shares during the period. Dimensional Fund Advisors LP owned approximately 1.37% of WillScot Mobile Mini worth $97,755,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. William Blair Investment Management LLC grew its stake in shares of WillScot Mobile Mini by 102.9% in the 2nd quarter. William Blair Investment Management LLC now owns 4,643,901 shares of the company’s stock worth $174,796,000 after purchasing an additional 2,355,445 shares during the last quarter. Boston Partners boosted its holdings in WillScot Mobile Mini by 66.0% during the first quarter. Boston Partners now owns 5,434,288 shares of the company’s stock worth $251,118,000 after buying an additional 2,159,958 shares in the last quarter. Capital Research Global Investors grew its position in WillScot Mobile Mini by 112.0% in the first quarter. Capital Research Global Investors now owns 3,906,011 shares of the company’s stock worth $181,630,000 after buying an additional 2,063,746 shares during the last quarter. Jackson Square Partners LLC bought a new position in shares of WillScot Mobile Mini in the first quarter valued at $55,507,000. Finally, Swedbank AB acquired a new stake in shares of WillScot Mobile Mini during the 1st quarter valued at $39,386,000. 95.81% of the stock is owned by institutional investors.

Insider Buying and Selling

In other WillScot Mobile Mini news, CEO Bradley Lee Soultz bought 5,000 shares of WillScot Mobile Mini stock in a transaction on Wednesday, September 18th. The stock was purchased at an average cost of $38.97 per share, for a total transaction of $194,850.00. Following the completion of the purchase, the chief executive officer now directly owns 149,686 shares of the company’s stock, valued at $5,833,263.42. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

WSC has been the topic of a number of recent research reports. Stifel Nicolaus decreased their target price on WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. DA Davidson dropped their price target on WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating on the stock in a research note on Monday, August 5th. Oppenheimer reduced their price objective on shares of WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating for the company in a research note on Friday, August 2nd. Barclays downgraded shares of WillScot Mobile Mini from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $50.00 to $44.00 in a research report on Thursday, September 19th. Finally, Bank of America reduced their price target on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $47.90.

WillScot Mobile Mini Trading Up 1.3 %

Shares of NASDAQ:WSC opened at $40.99 on Wednesday. WillScot Mobile Mini Holdings Corp. has a 12-month low of $33.23 and a 12-month high of $52.16. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 2.88. The firm has a market capitalization of $7.80 billion, a P/E ratio of 25.30, a price-to-earnings-growth ratio of 1.36 and a beta of 1.36. The firm has a fifty day moving average of $38.27 and a two-hundred day moving average of $39.61.

WillScot Mobile Mini (NASDAQ:WSC) last issued its earnings results on Thursday, August 1st. The company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.01). WillScot Mobile Mini had a net margin of 7.77% and a return on equity of 24.27%. The firm had revenue of $604.59 million during the quarter, compared to analysts’ expectations of $614.85 million. During the same quarter last year, the firm earned $0.43 EPS. The business’s revenue for the quarter was up 3.9% compared to the same quarter last year. On average, equities analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.76 EPS for the current fiscal year.

About WillScot Mobile Mini

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.