Barrow Hanley Mewhinney & Strauss LLC Decreases Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Barrow Hanley Mewhinney & Strauss LLC trimmed its stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSCGet Rating) by 26.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,931,122 shares of the company’s stock after selling 699,039 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC’s holdings in WillScot Mobile Mini were worth $78,868,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. SRS Capital Advisors Inc. purchased a new stake in WillScot Mobile Mini during the fourth quarter valued at $26,000. IndexIQ Advisors LLC purchased a new stake in WillScot Mobile Mini during the fourth quarter valued at approximately $27,000. Ten Capital Wealth Advisors LLC purchased a new stake in WillScot Mobile Mini during the fourth quarter valued at approximately $32,000. Eagle Bay Advisors LLC raised its holdings in shares of WillScot Mobile Mini by 16.6% in the third quarter. Eagle Bay Advisors LLC now owns 2,187 shares of the company’s stock worth $70,000 after buying an additional 312 shares during the period. Finally, IFP Advisors Inc bought a new position in WillScot Mobile Mini in the fourth quarter worth approximately $72,000. Hedge funds and other institutional investors own 98.98% of the company’s stock.

Shares of WSC stock traded down $0.63 during midday trading on Thursday, reaching $32.86. 93,211 shares of the company were exchanged, compared to its average volume of 1,912,800. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.86 and a current ratio of 0.94. The company’s 50 day moving average price is $36.94 and its two-hundred day moving average price is $37.67. WillScot Mobile Mini Holdings Corp. has a 12 month low of $26.15 and a 12 month high of $42.00. The company has a market cap of $7.31 billion, a P/E ratio of 38.06, a PEG ratio of 0.98 and a beta of 1.73.

WillScot Mobile Mini (NASDAQ:WSCGet Rating) last announced its earnings results on Wednesday, April 27th. The company reported $0.22 EPS for the quarter, hitting the consensus estimate of $0.22. The firm had revenue of $508.89 million for the quarter, compared to the consensus estimate of $476.67 million. WillScot Mobile Mini had a net margin of 10.46% and a return on equity of 11.13%. During the same quarter last year, the firm posted $0.14 EPS. As a group, sell-side analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.32 earnings per share for the current year.

A number of research firms have recently weighed in on WSC. Barclays raised WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $40.00 to $50.00 in a research report on Wednesday, March 2nd. Zacks Investment Research upgraded WillScot Mobile Mini from a “hold” rating to a “buy” rating and set a $39.00 price target for the company in a research note on Tuesday, May 3rd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $49.00 target price on shares of WillScot Mobile Mini in a report on Friday, April 29th. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat, WillScot Mobile Mini has an average rating of “Buy” and a consensus target price of $43.57.

In other news, EVP Christopher J. Miner sold 133,056 shares of the firm’s stock in a transaction that occurred on Wednesday, March 16th. The stock was sold at an average price of $36.83, for a total value of $4,900,452.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Bradley Lee Soultz purchased 10,000 shares of the company’s stock in a transaction that occurred on Monday, May 9th. The shares were purchased at an average cost of $33.33 per share, with a total value of $333,300.00. Following the completion of the acquisition, the chief executive officer now owns 417,471 shares in the company, valued at approximately $13,914,308.43. The disclosure for this purchase can be found here. Corporate insiders own 23.04% of the company’s stock.

WillScot Mobile Mini Profile (Get Rating)

WillScot Mobile Mini Holdings Corp. provides work space and portable storage solutions in the United States, Canada, Mexico, and the United Kingdom. The company leases modular space and portable storage units to customers in the commercial and industrial, construction, education, energy and natural resources, government, and other end markets.

Further Reading

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Institutional Ownership by Quarter for WillScot Mobile Mini (NASDAQ:WSC)

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