Marshall Wace LLP Boosts Position in Mobile Mini Inc (NASDAQ:MINI)

Marshall Wace LLP lifted its holdings in shares of Mobile Mini Inc (NASDAQ:MINI) by 42.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 110,803 shares of the industrial products company’s stock after buying an additional 32,923 shares during the quarter. Marshall Wace LLP owned about 0.25% of Mobile Mini worth $3,760,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Quantamental Technologies LLC increased its holdings in shares of Mobile Mini by 119.6% in the first quarter. Quantamental Technologies LLC now owns 1,948 shares of the industrial products company’s stock valued at $66,000 after purchasing an additional 1,061 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. acquired a new position in shares of Mobile Mini in the first quarter valued at $231,000. Institute for Wealth Management LLC. acquired a new position in shares of Mobile Mini in the fourth quarter valued at $218,000. Amalgamated Bank acquired a new position in shares of Mobile Mini in the fourth quarter valued at $218,000. Finally, Squarepoint Ops LLC increased its holdings in shares of Mobile Mini by 37.0% in the fourth quarter. Squarepoint Ops LLC now owns 7,953 shares of the industrial products company’s stock valued at $253,000 after purchasing an additional 2,150 shares during the last quarter. 96.83% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts have recently issued reports on MINI shares. ValuEngine cut shares of Zumiez from a “hold” rating to a “sell” rating in a research report on Monday, May 13th. Noble Financial raised shares of McClatchy to a “buy” rating and set a $5.00 target price for the company in a research report on Thursday, May 23rd. BidaskClub cut shares of Vertex Pharmaceuticals from a “buy” rating to a “hold” rating in a research report on Tuesday, July 9th. Finally, Zacks Investment Research raised shares of Vistra Energy from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research report on Saturday. Four analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $46.33.

NASDAQ:MINI traded up $1.39 on Friday, reaching $33.32. 648,288 shares of the stock traded hands, compared to its average volume of 610,677. The stock has a market capitalization of $1.50 billion, a price-to-earnings ratio of 20.32, a price-to-earnings-growth ratio of 1.21 and a beta of 1.66. The firm has a 50 day moving average of $30.98. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.17 and a quick ratio of 0.15. Mobile Mini Inc has a 1-year low of $29.46 and a 1-year high of $48.75.

Mobile Mini (NASDAQ:MINI) last released its earnings results on Monday, April 22nd. The industrial products company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.03. The business had revenue of $149.66 million during the quarter, compared to the consensus estimate of $147.30 million. Mobile Mini had a negative net margin of 0.80% and a positive return on equity of 9.27%. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.33 EPS. On average, sell-side analysts predict that Mobile Mini Inc will post 1.93 earnings per share for the current fiscal year.

About Mobile Mini

Mobile Mini, Inc provides portable storage and specialty containment solutions. It operates through three segments: Storage Solutions North America, Storage Solutions United Kingdom, and Tank & Pump Solutions. The company offers various portable storage and office products, including steel storage containers and steel ground level offices serving construction companies, large and small retailers, medical centers, schools, utilities, distributors, the military, hotels, restaurants, entertainment complexes, and households for application in the storage of construction materials and equipment, retail and manufacturing inventory, documents and records, and other goods.

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Institutional Ownership by Quarter for Mobile Mini (NASDAQ:MINI)

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