Mobile Mini Inc (MINI) : Riverbridge Partners scooped up 92,724 additional shares in Mobile Mini Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 950,415 shares of Mobile Mini Inc which is valued at $29,339,311.Mobile Mini Inc makes up approximately 0.59% of Riverbridge Partners’s portfolio.
Other Hedge Funds, Including , Ngam Advisors boosted its stake in MINI in the latest quarter, The investment management firm added 148,526 additional shares and now holds a total of 391,991 shares of Mobile Mini Inc which is valued at $12,100,762. Mobile Mini Inc makes up approx 0.16% of Ngam Advisors’s portfolio.Public Employees Retirement Association Of Colorado reduced its stake in MINI by selling 799 shares or 6.48% in the most recent quarter. The Hedge Fund company now holds 11,531 shares of MINI which is valued at $374,873.Huntington National Bank reduced its stake in MINI by selling 1,907 shares or 63.52% in the most recent quarter. The Hedge Fund company now holds 1,095 shares of MINI which is valued at $38,117.Ls Investment Advisors boosted its stake in MINI in the latest quarter, The investment management firm added 110 additional shares and now holds a total of 1,626 shares of Mobile Mini Inc which is valued at $59,999.Wealthtrust-arizona boosted its stake in MINI in the latest quarter, The investment management firm added 18 additional shares and now holds a total of 355 shares of Mobile Mini Inc which is valued at $13,100. Mobile Mini Inc makes up approx 0.01% of Wealthtrust-arizona’s portfolio.
Mobile Mini Inc closed down -0.43 points or -1.39% at $30.44 with 1,99,505 shares getting traded on Thursday. Post opening the session at $30.84, the shares hit an intraday low of $30.25 and an intraday high of $31.23 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Mobile Mini Inc reported $0.25 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus of $0.30. The company had revenue of $124.84 million for the quarter, compared to analysts expectations of $128.83 million. The company’s revenue was down -4.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.28 EPS.
Investors should note that on Jul 28, 2016, Mobile Mini Inc announced a cash dividend of $0.2060. The company’s management has announced Aug 15, 2016 as the ex-dividend date and fixed the record date on Aug 17, 2016. The payable date has been fixed on Aug 31, 2016.
Many Wall Street Analysts have commented on Mobile Mini Inc. Mobile Mini Inc was Downgraded by KeyBanc Capital Mkts to ” Sector Weight” on Jul 25, 2016.
Mobile Mini Inc. is a provider of portable storage solutions. The Companys business comprises of two product categories which include portable storage solutions and specialty containment solutions. Portable storage solutions consist of container and office product offerings. The Company offers a range of portable storage products with features such as locking systems doors electrical wiring and shelving. Its portable storage includes steel storage containers steel security office and steel combination offices and wood mobile offices. The specialty containment products are offered through Evergreen Tank Solutions to the customers through 24 locations in North America and consist of liquid and solid containment units pumps and filtration equipment. The Companys fleet of steel tanks offers acid steel tanks gas buster steel tanks and open top steel tanks. Additionally it provides an offering to its customers of value-added services for managing liquid and solid waste.