215,000 Shares in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Acquired by Impax Asset Management Group plc

Impax Asset Management Group plc purchased a new stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 215,000 shares of the company’s stock, valued at approximately $7,192,000. Impax Asset Management Group plc owned approximately 0.12% of WillScot Mobile Mini as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Swedbank AB raised its stake in shares of 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 acquiring an additional 2,246,000 shares during the period. Van Berkom & Associates Inc. acquired a new stake in WillScot Mobile Mini in the 4th quarter valued at $58,855,000. Douglas Lane & Associates LLC raised its position in WillScot Mobile Mini by 379.1% in the fourth quarter. Douglas Lane & Associates LLC now owns 997,693 shares of the company’s stock valued at $33,373,000 after purchasing an additional 789,445 shares during the period. Point72 Asset Management L.P. acquired a new position in shares of WillScot Mobile Mini during the third quarter worth about $20,773,000. Finally, Fisher Asset Management LLC boosted its position in shares of WillScot Mobile Mini by 58.3% in the third quarter. Fisher Asset Management LLC now owns 1,043,055 shares of the company’s stock worth $39,219,000 after buying an additional 384,270 shares during the period. 95.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently commented on WSC. 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 report on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft cut shares of WillScot Mobile Mini from a “buy” rating to a “hold” rating and reduced their target price for the stock from $46.00 to $35.00 in a research report on Thursday, October 31st. Barclays decreased their target price on shares of WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating for the company in a research note on Friday, November 1st. Finally, Robert W. Baird dropped their price target on shares of WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating on the stock in a research note on Thursday, October 31st. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, WillScot Mobile Mini presently has an average rating of “Moderate Buy” and a consensus target price of $44.22.

Insider Transactions at WillScot Mobile Mini

In related news, insider Graeme Parkes sold 2,900 shares of the firm’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $37.01, for a total transaction of $107,329.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 3.30% of the company’s stock.

WillScot Mobile Mini Trading Down 2.8 %

WSC opened at $34.27 on Tuesday. The stock has a market capitalization of $6.33 billion, a PE ratio of 228.48, a P/E/G ratio of 2.18 and a beta of 1.41. 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 Holdings Corp. has a 12-month low of $32.57 and a 12-month high of $48.52. The firm’s fifty day moving average price is $35.97 and its 200 day moving average price is $36.97.

WillScot Mobile Mini (NASDAQ:WSC) last issued its earnings results on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. The business 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%. As a group, research analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current fiscal year.

WillScot Mobile Mini Dividend Announcement

The company also recently announced a — dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th will be given a $0.07 dividend. The ex-dividend date is Wednesday, March 5th. WillScot Mobile Mini’s payout ratio is 186.67%.

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.