Wells Fargo & Company MN lifted its holdings in Mobile Mini Inc (NASDAQ:MINI) by 23.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 90,160 shares of the industrial products company’s stock after purchasing an additional 16,872 shares during the quarter. Wells Fargo & Company MN’s holdings in Mobile Mini were worth $3,106,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of MINI. Dynamic Technology Lab Private Ltd boosted its stake in Mobile Mini by 103.3% during the second quarter. Dynamic Technology Lab Private Ltd now owns 17,623 shares of the industrial products company’s stock worth $526,000 after buying an additional 8,953 shares during the period. Riverbridge Partners LLC boosted its stake in Mobile Mini by 53.6% during the third quarter. Riverbridge Partners LLC now owns 1,330,145 shares of the industrial products company’s stock worth $45,823,000 after buying an additional 464,332 shares during the period. Parametric Portfolio Associates LLC boosted its stake in Mobile Mini by 17.2% during the second quarter. Parametric Portfolio Associates LLC now owns 104,731 shares of the industrial products company’s stock worth $3,126,000 after buying an additional 15,342 shares during the period. Schwab Charles Investment Management Inc. boosted its stake in Mobile Mini by 6.3% during the second quarter. Schwab Charles Investment Management Inc. now owns 251,130 shares of the industrial products company’s stock worth $7,497,000 after buying an additional 14,900 shares during the period. Finally, State Street Corp boosted its stake in Mobile Mini by 5.4% during the second quarter. State Street Corp now owns 1,144,832 shares of the industrial products company’s stock worth $34,179,000 after buying an additional 58,990 shares during the period.

Shares of Mobile Mini Inc (NASDAQ MINI) opened at $36.40 on Thursday. Mobile Mini Inc has a 52-week low of $26.70 and a 52-week high of $37.05. The firm has a market capitalization of $1,600.00, a price-to-earnings ratio of 32.50, a PEG ratio of 1.85 and a beta of 2.35. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.15 and a current ratio of 0.18.

Mobile Mini (NASDAQ:MINI) last released its earnings results on Friday, October 20th. The industrial products company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.05). Mobile Mini had a return on equity of 7.17% and a net margin of 9.59%. The business had revenue of $136.64 million for the quarter, compared to the consensus estimate of $133.73 million. During the same quarter last year, the business posted $0.31 earnings per share. The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year. equities research analysts predict that Mobile Mini Inc will post 1.11 EPS for the current year.

Several research analysts have commented on the stock. Zacks Investment Research raised shares of Mobile Mini from a “sell” rating to a “hold” rating in a research note on Wednesday, December 27th. BidaskClub raised shares of Mobile Mini from a “hold” rating to a “buy” rating in a research note on Wednesday, December 27th. Needham & Company LLC reaffirmed a “buy” rating and set a $38.00 price objective on shares of Mobile Mini in a research note on Sunday, October 22nd. Oppenheimer reaffirmed a “buy” rating and set a $36.00 price objective on shares of Mobile Mini in a research note on Monday, October 23rd. Finally, Robert W. Baird lifted their target price on Mobile Mini from $34.00 to $37.00 and gave the stock a “neutral” rating in a research report on Monday, October 23rd. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Mobile Mini presently has an average rating of “Hold” and a consensus target price of $37.00.

In other news, Director Stephen A. Mcconnell sold 4,000 shares of Mobile Mini stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $36.10, for a total transaction of $144,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.50% of the stock is currently owned by company insiders.

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Mobile Mini Profile

Mobile Mini, Inc is a provider of portable storage solutions. The Company, through its subsidiary, Evergreen Tank Solutions, Inc (ETS), is a provider of specialty containment solutions in the United States. The Company manages its business as two portable storage solutions business segments, North America and the U.K., and one specialty containment business segment.

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

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