Sanctuary Advisors LLC Acquires 2,206 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Sanctuary Advisors LLC increased its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 13.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 18,575 shares of the company’s stock after acquiring an additional 2,206 shares during the quarter. Sanctuary Advisors LLC’s holdings in WillScot Mobile Mini were worth $687,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of WSC. First Horizon Advisors Inc. increased its position in WillScot Mobile Mini by 16.4% during the third quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company’s stock worth $80,000 after acquiring an additional 302 shares during the period. KBC Group NV increased its position in WillScot Mobile Mini by 14.7% during the third quarter. KBC Group NV now owns 5,110 shares of the company’s stock worth $192,000 after acquiring an additional 655 shares during the period. Stephens Inc. AR bought a new position in WillScot Mobile Mini during the third quarter worth about $200,000. Avanza Fonder AB bought a new position in WillScot Mobile Mini during the fourth quarter worth about $224,000. Finally, Everence Capital Management Inc. bought a new position in WillScot Mobile Mini during the fourth quarter worth about $279,000. 95.81% of the stock is owned by institutional investors.

WillScot Mobile Mini Trading Up 0.3 %

Shares of WillScot Mobile Mini stock opened at $32.95 on Friday. The firm has a market capitalization of $6.09 billion, a PE ratio of 219.68, a price-to-earnings-growth ratio of 2.18 and a beta of 1.41. 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’s 50 day moving average is $35.88 and its 200 day moving average is $36.91. WillScot Mobile Mini Holdings Corp. has a 1 year low of $32.57 and a 1 year high of $48.52.

WillScot Mobile Mini (NASDAQ:WSC) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.01. The company had revenue of $602.52 million for the quarter, compared to analyst estimates of $606.55 million. WillScot Mobile Mini had a net margin of 1.17% and a return on equity of 24.67%. Equities research analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.77 earnings per share for the current fiscal year.

WillScot Mobile Mini Dividend Announcement

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

Insider Buying and Selling

In related news, insider Graeme Parkes sold 2,900 shares of WillScot Mobile Mini stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $37.01, for a total transaction of $107,329.00. Following the sale, the insider now directly owns 72,818 shares in the company, valued at $2,694,994.18. This trade represents a 3.83 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Barclays decreased their target price on shares of WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating on the stock in a report on Friday, November 1st. Morgan Stanley raised shares of 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 report on Tuesday, December 17th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price 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.