Mobile Mini Inc. (NASDAQ:MINI) dropped 4.1% during mid-day trading on Monday . The company traded as low as $35.03 and last traded at $35.38, with a volume of 169,057 shares changing hands. The stock had previously closed at $36.90.

MINI has been the subject of a number of research reports. Zacks Investment Research cut shares of Mobile Mini from a “hold” rating to a “sell” rating in a research note on Saturday, April 23rd. SunTrust Banks Inc. cut shares of Mobile Mini from a “buy” rating to a “neutral” rating in a research note on Thursday, April 21st. Oppenheimer Holdings Inc. reaffirmed a “buy” rating on shares of Mobile Mini in a research note on Friday, April 29th. Finally, TheStreet raised shares of Mobile Mini from a “hold” rating to a “buy” rating in a research note on Thursday, April 28th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $34.67.

The stock has a market capitalization of $1.56 billion and a price-to-earnings ratio of 36.38. The firm’s 50 day moving average is $35.37 and its 200 day moving average is $31.57.

Mobile Mini (NASDAQ:MINI) last announced its quarterly earnings data on Thursday, April 28th. The company reported $0.28 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.28. The company earned $124.50 million during the quarter, compared to analysts’ expectations of $126.88 million. During the same quarter in the previous year, the business posted $0.28 EPS. The business’s quarterly revenue was down 5.3% compared to the same quarter last year. Equities analysts expect that Mobile Mini Inc. will post $1.45 earnings per share for the current fiscal year.

Several institutional investors recently made changes to their positions in MINI. Dimensional Fund Advisors LP boosted its position in shares of Mobile Mini by 4.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,421,375 shares of the company’s stock valued at $106,508,000 after buying an additional 144,651 shares during the last quarter. Jennison Associates LLC boosted its position in shares of Mobile Mini by 0.6% in the fourth quarter. Jennison Associates LLC now owns 2,840,130 shares of the company’s stock valued at $88,413,000 after buying an additional 17,309 shares during the last quarter. Royce & Associates LLC boosted its position in shares of Mobile Mini by 2.8% in the fourth quarter. Royce & Associates LLC now owns 729,500 shares of the company’s stock valued at $22,709,000 after buying an additional 20,000 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Mobile Mini by 16.3% in the fourth quarter. Wells Fargo & Company MN now owns 568,407 shares of the company’s stock valued at $17,694,000 after buying an additional 79,552 shares during the last quarter. Finally, OppenheimerFunds Inc. boosted its position in shares of Mobile Mini by 9.5% in the fourth quarter. OppenheimerFunds Inc. now owns 477,959 shares of the company’s stock valued at $14,879,000 after buying an additional 41,339 shares during the last quarter.

Mobile Mini, Inc is a provider of portable storage solutions. The Company, through its subsidiary, Evergreen Tank Solutions, Inc, is a provider of specialty containment solutions in the United States. It 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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