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

Barrow Hanley Mewhinney & Strauss LLC boosted its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 1.3% in the second quarter, Holdings Channel.com reports. The firm owned 1,362,586 shares of the company’s stock after acquiring an additional 17,111 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC’s holdings in WillScot Mobile Mini were worth $51,288,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD grew its holdings in WillScot Mobile Mini by 4.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 11,668,190 shares of the company’s stock valued at $542,572,000 after purchasing an additional 456,674 shares during the period. Boston Partners grew its holdings in WillScot Mobile Mini by 66.0% in the first quarter. Boston Partners now owns 5,434,288 shares of the company’s stock valued at $251,118,000 after purchasing an additional 2,159,958 shares during the period. William Blair Investment Management LLC grew its holdings in WillScot Mobile Mini by 102.9% in the second quarter. William Blair Investment Management LLC now owns 4,643,901 shares of the company’s stock valued at $174,796,000 after purchasing an additional 2,355,445 shares during the period. Bessemer Group Inc. grew its holdings in WillScot Mobile Mini by 3.2% in the first quarter. Bessemer Group Inc. now owns 4,245,829 shares of the company’s stock valued at $197,432,000 after purchasing an additional 132,503 shares during the period. Finally, Capital Research Global Investors grew its stake in WillScot Mobile Mini by 112.0% during the first quarter. Capital Research Global Investors now owns 3,906,011 shares of the company’s stock worth $181,630,000 after buying an additional 2,063,746 shares during the period. 95.81% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on WSC shares. Oppenheimer decreased their price objective on shares of WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating for the company in a research note on Friday, August 2nd. Stifel Nicolaus decreased their price objective on shares of WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Bank of America decreased their price objective on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. DA Davidson decreased their price objective on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating for the company in a research note on Monday, August 5th. Finally, Barclays downgraded shares of WillScot Mobile Mini from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $50.00 to $44.00 in a research note on Thursday. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, WillScot Mobile Mini currently has a consensus rating of “Moderate Buy” and an average price target of $47.90.

WillScot Mobile Mini Trading Up 2.4 %

NASDAQ WSC opened at $39.80 on Friday. The company’s fifty day simple moving average is $38.23 and its 200-day simple moving average is $39.75. WillScot Mobile Mini Holdings Corp. has a 52 week low of $33.23 and a 52 week high of $52.16. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 2.88. The stock has a market cap of $7.50 billion, a P/E ratio of 24.57, a PEG ratio of 1.36 and a beta of 1.36.

WillScot Mobile Mini (NASDAQ:WSC) last posted its earnings results on Thursday, August 1st. The company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.01). WillScot Mobile Mini had a return on equity of 24.27% and a net margin of 7.77%. The firm had revenue of $604.59 million for the quarter, compared to analyst estimates of $614.85 million. During the same period in the previous year, the firm posted $0.43 earnings per share. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. Equities research analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.76 EPS for the current fiscal year.

Insider Activity at WillScot Mobile Mini

In related news, CEO Bradley Lee Soultz purchased 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 18th. The shares were purchased at an average cost of $38.97 per share, with a total value of $194,850.00. Following the completion of the acquisition, the chief executive officer now directly owns 149,686 shares of the company’s stock, valued at approximately $5,833,263.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 3.30% of the stock is currently 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.