Van Berkom & Associates Inc. Buys Shares of 1,759,493 WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Van Berkom & Associates Inc. bought a new stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,759,493 shares of the company’s stock, valued at approximately $58,855,000. Van Berkom & Associates Inc. owned 0.95% of WillScot Mobile Mini as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Douglass Winthrop Advisors LLC lifted its holdings in WillScot Mobile Mini by 32.4% during the third quarter. Douglass Winthrop Advisors LLC now owns 165,143 shares of the company’s stock valued at $6,209,000 after purchasing an additional 40,393 shares during the last quarter. Buck Wealth Strategies LLC lifted its stake in shares of WillScot Mobile Mini by 39.6% during the 4th quarter. Buck Wealth Strategies LLC now owns 107,307 shares of the company’s stock valued at $3,589,000 after buying an additional 30,450 shares in the last quarter. First Sabrepoint Capital Management LP boosted its holdings in WillScot Mobile Mini by 17.5% in the 3rd quarter. First Sabrepoint Capital Management LP now owns 238,143 shares of the company’s stock worth $8,954,000 after buying an additional 35,492 shares during the period. Bislett Management LLC boosted its holdings in WillScot Mobile Mini by 3.1% in the 3rd quarter. Bislett Management LLC now owns 1,170,000 shares of the company’s stock worth $43,992,000 after buying an additional 35,000 shares during the period. Finally, Swedbank AB grew its stake in WillScot Mobile Mini by 229.2% in the 3rd quarter. Swedbank AB now owns 3,226,000 shares of the company’s stock valued at $121,298,000 after buying an additional 2,246,000 shares in the last quarter. Hedge funds and other institutional investors own 95.81% of the company’s stock.

WillScot Mobile Mini Price Performance

WSC stock opened at $38.67 on Friday. The firm has a 50 day simple moving average of $35.96 and a two-hundred day simple moving average of $36.92. The stock has a market cap of $7.14 billion, a PE ratio of 351.58, a P/E/G ratio of 2.05 and a beta of 1.41. WillScot Mobile Mini Holdings Corp. has a one year low of $32.57 and a one year high of $50.22. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82.

WillScot Mobile Mini (NASDAQ:WSC) last announced its earnings results on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.01. WillScot Mobile Mini had a net margin of 1.05% and a return on equity of 23.97%. On average, analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current fiscal year.

WillScot Mobile Mini Dividend Announcement

The company also recently disclosed a — dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Wednesday, March 5th.

Insider Activity at WillScot Mobile Mini

In related news, insider Graeme Parkes sold 2,900 shares of the stock in a transaction 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 transaction, the insider now owns 72,818 shares of the company’s stock, valued at approximately $2,694,994.18. This trade represents a 3.83 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 3.30% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

WSC has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft lowered WillScot Mobile Mini from a “buy” rating to a “hold” rating and cut their price target for the stock from $46.00 to $35.00 in a report on Thursday, October 31st. Baird R W lowered WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 24th. Barclays decreased their price target on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Friday, November 1st. Morgan Stanley upgraded shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $40.00 to $50.00 in a research report on Tuesday, December 17th. Finally, Robert W. Baird decreased their target price on shares of WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating on the stock in a report on Thursday, October 31st. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, WillScot Mobile Mini presently has a consensus rating of “Moderate Buy” and a consensus price target of $45.50.

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.