WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Purchased by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 39.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,889,596 shares of the company’s stock after acquiring an additional 533,750 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned about 1.02% of WillScot Mobile Mini worth $63,207,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. State of Wyoming acquired a new position in shares of WillScot Mobile Mini during the fourth quarter valued at approximately $34,000. Jones Financial Companies Lllp increased its position in shares of 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. Canada Pension Plan Investment Board acquired a new position in shares of WillScot Mobile Mini during the 4th quarter valued at $154,000. Headlands Technologies LLC bought a new stake in shares of WillScot Mobile Mini in the 4th quarter worth $174,000. Finally, FourThought Financial Partners LLC acquired a new stake in shares of WillScot Mobile Mini in the fourth quarter valued at $216,000. 95.81% of the stock is currently owned by institutional investors and hedge funds.

WillScot Mobile Mini Trading Up 0.8%

Shares of NASDAQ WSC opened at $27.39 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42. WillScot Mobile Mini Holdings Corp. has a one year low of $21.91 and a one year high of $43.80. The business has a 50-day moving average price of $26.70 and a two-hundred day moving average price of $32.51. The firm has a market capitalization of $5.00 billion, a PE ratio of 182.61, a PEG ratio of 2.18 and a beta of 1.28.

WillScot Mobile Mini (NASDAQ:WSC) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.04). WillScot Mobile Mini had a return on equity of 24.67% and a net margin of 1.17%. The company had revenue of $559.55 million for the quarter, compared to analyst estimates of $555.51 million. During the same quarter in the prior year, the business posted $0.29 earnings per share. The business’s revenue for the quarter was down 4.7% compared to the same quarter last year. As a group, analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.77 earnings per share for the current fiscal year.

WillScot Mobile Mini Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, June 4th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date is Wednesday, June 4th. WillScot Mobile Mini’s dividend payout ratio (DPR) is presently 311.11%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on WSC. Robert W. Baird lowered their price objective on shares of 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. Barclays reduced their target price on shares of WillScot Mobile Mini from $40.00 to $34.00 and set an “equal weight” rating for the company in a report on Friday, April 4th. Oppenheimer dropped their price target on WillScot Mobile Mini from $41.00 to $38.00 and set an “outperform” rating on the stock in a report on Monday, March 10th. Finally, Morgan Stanley raised their price objective on WillScot Mobile Mini from $38.00 to $39.00 and gave the stock an “overweight” rating in a research note on Monday, May 12th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $40.63.

Insider Buying and Selling

In other WillScot Mobile Mini news, CEO Bradley Lee Soultz purchased 10,000 shares of the company’s stock in a transaction dated Tuesday, May 6th. The shares were bought at an average price of $26.79 per share, for a total transaction of $267,900.00. Following the purchase, the chief executive officer now directly owns 128,817 shares in the company, valued at $3,451,007.43. This trade represents a 8.42% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Timothy D. Boswell purchased 5,000 shares of the business’s stock in a transaction dated Thursday, March 13th. The shares were acquired at an average price of $29.14 per share, for a total transaction of $145,700.00. Following 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 disclosure for this purchase can be found here. 3.30% of the stock is owned by corporate insiders.

WillScot Mobile Mini 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.