Barrow Hanley Mewhinney & Strauss LLC Has $63.21 Million Stock Position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

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

Several other large investors also recently made changes to their positions in WSC. Norges Bank bought a new position in WillScot Mobile Mini in the fourth quarter worth approximately $97,734,000. Van Berkom & Associates Inc. bought a new position in shares of WillScot Mobile Mini in the 4th quarter worth $58,855,000. Brown Brothers Harriman & Co. grew its position in WillScot Mobile Mini by 182,738.4% in the 4th quarter. Brown Brothers Harriman & Co. now owns 837,400 shares of the company’s stock valued at $28,011,000 after purchasing an additional 836,942 shares during the period. Douglas Lane & Associates LLC increased its stake in WillScot Mobile Mini by 379.1% during the 4th 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 in the last quarter. Finally, Geneva Capital Management LLC acquired a new position in WillScot Mobile Mini during the fourth quarter worth $23,194,000. 95.81% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on WSC. Robert W. Baird reduced their price objective on shares of WillScot Mobile Mini from $38.00 to $32.00 and set a “neutral” rating for the company in a report on Monday, March 10th. Morgan Stanley raised WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $40.00 to $50.00 in a report on Tuesday, December 17th. Finally, Oppenheimer dropped their target price 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. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, WillScot Mobile Mini has an average rating of “Moderate Buy” and an average price target of $42.67.

WillScot Mobile Mini Price Performance

Shares of NASDAQ WSC opened at $28.15 on Friday. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42. The company has a market capitalization of $5.17 billion, a PE ratio of 187.68, a PEG ratio of 2.18 and a beta of 1.45. The stock’s 50 day moving average price is $34.05 and its 200-day moving average price is $35.86. WillScot Mobile Mini Holdings Corp. has a twelve month low of $27.58 and a twelve month high of $45.55.

WillScot Mobile Mini (NASDAQ:WSC) last announced its quarterly earnings data 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 firm had revenue of $602.52 million during the quarter, compared to the consensus estimate of $606.55 million. WillScot Mobile Mini had a return on equity of 24.67% and a net margin of 1.17%. On average, equities analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current year.

WillScot Mobile Mini Announces Dividend

The business also recently disclosed a — dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were given a $0.07 dividend. The ex-dividend date was Wednesday, March 5th. WillScot Mobile Mini’s dividend payout ratio is 186.67%.

Insider Buying and Selling at WillScot Mobile Mini

In other WillScot Mobile Mini news, COO Timothy D. Boswell acquired 5,000 shares of the company’s stock in a transaction on Thursday, March 13th. The shares were acquired at an average cost of $29.14 per share, with a total value of $145,700.00. Following the completion of the acquisition, the chief operating officer now directly owns 34,156 shares in the company, valued at $995,305.84. This trade represents a 17.15 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Erik Olsson sold 110,307 shares of WillScot Mobile Mini stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $30.19, for a total transaction of $3,330,168.33. Following the completion of the transaction, the director now owns 626,306 shares of the company’s stock, valued at $18,908,178.14. The trade was a 14.97 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 3.30% of the company’s stock.

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.