Weber Alan W continued to hold its stake in shares of Mobile Mini, Inc. (NASDAQ:MINI) during the second quarter, Holdings Channel reports. The firm owned 6,133 shares of the industrial products company’s stock at the end of the second quarter. Weber Alan W’s holdings in Mobile Mini were worth $183,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the company. State of Tennessee Treasury Department boosted its stake in shares of Mobile Mini by 17.8% in the first quarter. State of Tennessee Treasury Department now owns 41,771 shares of the industrial products company’s stock valued at $1,274,000 after buying an additional 6,304 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Mobile Mini by 15.4% in the first quarter. Bank of America Corp DE now owns 330,816 shares of the industrial products company’s stock valued at $10,090,000 after buying an additional 44,165 shares in the last quarter. Atria Investments LLC boosted its stake in shares of Mobile Mini by 40.3% in the first quarter. Atria Investments LLC now owns 11,743 shares of the industrial products company’s stock valued at $358,000 after buying an additional 3,373 shares in the last quarter. BNP Paribas Arbitrage SA boosted its stake in shares of Mobile Mini by 12.0% in the first quarter. BNP Paribas Arbitrage SA now owns 9,166 shares of the industrial products company’s stock valued at $280,000 after buying an additional 981 shares in the last quarter. Finally, OppenheimerFunds Inc. boosted its stake in shares of Mobile Mini by 24.6% in the first quarter. OppenheimerFunds Inc. now owns 13,119 shares of the industrial products company’s stock valued at $400,000 after buying an additional 2,591 shares in the last quarter.

Shares of Mobile Mini, Inc. (NASDAQ MINI) opened at 31.05 on Friday. The firm has a market cap of $1.36 billion, a PE ratio of 26.98 and a beta of 2.26. Mobile Mini, Inc. has a 12 month low of $23.40 and a 12 month high of $37.05. The stock’s 50 day moving average is $30.19 and its 200 day moving average is $30.19.

Mobile Mini (NASDAQ:MINI) last released its quarterly earnings data on Friday, July 21st. The industrial products company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.26 by $0.02. The firm had revenue of $126.70 million during the quarter, compared to analyst estimates of $126.03 million. Mobile Mini had a net margin of 10.03% and a return on equity of 7.52%. The business’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.25 earnings per share. On average, analysts anticipate that Mobile Mini, Inc. will post $1.21 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 30th. Stockholders of record on Wednesday, August 16th will be paid a $0.227 dividend. This represents a $0.91 annualized dividend and a dividend yield of 2.92%. The ex-dividend date is Monday, August 14th. Mobile Mini’s dividend payout ratio is currently 78.45%.

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MINI has been the topic of several research reports. Zacks Investment Research cut shares of Mobile Mini from a “hold” rating to a “sell” rating in a research report on Friday, April 28th. BidaskClub raised shares of Mobile Mini from a “hold” rating to a “buy” rating in a research report on Friday, June 30th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $35.00.

In related news, Director Lawrence Trachtenberg sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $31.59, for a total transaction of $315,900.00. Following the transaction, the director now directly owns 38,181 shares of the company’s stock, valued at approximately $1,206,137.79. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mark Funk sold 36,080 shares of the business’s stock in a transaction that occurred on Thursday, July 27th. The stock was sold at an average price of $30.34, for a total value of $1,094,667.20. Following the transaction, the insider now directly owns 170,291 shares in the company, valued at $5,166,628.94. The disclosure for this sale can be found here. Insiders sold a total of 156,065 shares of company stock worth $4,832,212 over the last ninety days. Corporate insiders own 6.50% of the company’s stock.

Mobile Mini Company 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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