Great West Life Assurance Co. Can cut its holdings in shares of Mobile Mini, Inc. (NASDAQ:MINI) by 7.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 58,834 shares of the industrial products company’s stock after selling 4,477 shares during the period. Great West Life Assurance Co. Can owned approximately 0.13% of Mobile Mini worth $1,997,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of MINI. Bank of Montreal Can boosted its position in shares of Mobile Mini by 0.5% during the second quarter. Bank of Montreal Can now owns 27,772 shares of the industrial products company’s stock worth $829,000 after buying an additional 148 shares during the period. Aperio Group LLC boosted its position in shares of Mobile Mini by 14.0% during the second quarter. Aperio Group LLC now owns 13,192 shares of the industrial products company’s stock worth $394,000 after buying an additional 1,621 shares during the period. Municipal Employees Retirement System of Michigan boosted its position in shares of Mobile Mini by 29.4% during the second quarter. Municipal Employees Retirement System of Michigan now owns 13,020 shares of the industrial products company’s stock worth $389,000 after buying an additional 2,960 shares during the period. Texas Permanent School Fund boosted its position in shares of Mobile Mini by 0.7% during the second quarter. Texas Permanent School Fund now owns 32,274 shares of the industrial products company’s stock worth $963,000 after buying an additional 214 shares during the period. Finally, Trexquant Investment LP acquired a new position in shares of Mobile Mini during the second quarter worth approximately $206,000.

MINI has been the subject of several analyst reports. Oppenheimer reiterated a “buy” rating and set a $36.00 price objective on shares of Mobile Mini in a research report on Monday, October 23rd. Needham & Company LLC reiterated a “buy” rating and set a $38.00 price objective on shares of Mobile Mini in a research report on Sunday, October 22nd. Robert W. Baird restated a “hold” rating and issued a $34.00 target price on shares of Mobile Mini in a research report on Thursday, October 12th. KeyCorp restated a “hold” rating on shares of Mobile Mini in a research report on Wednesday, October 4th. Finally, SunTrust Banks restated a “hold” rating on shares of Mobile Mini in a research report on Sunday, October 22nd. Two analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $37.00.

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

Shares of Mobile Mini, Inc. (MINI) opened at $32.95 on Monday. The firm has a market capitalization of $1,460.57, a P/E ratio of 26.57, a price-to-earnings-growth ratio of 2.13 and a beta of 2.34. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.18 and a quick ratio of 0.15. Mobile Mini, Inc. has a 52-week low of $26.70 and a 52-week high of $37.05.

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 analysts’ consensus estimates of $0.32 by ($0.05). The firm had revenue of $136.64 million during the quarter, compared to analyst estimates of $133.73 million. Mobile Mini had a return on equity of 7.17% and a net margin of 9.59%. The business’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter last year, the company earned $0.31 earnings per share. equities analysts predict that Mobile Mini, Inc. will post 1.11 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 29th. Shareholders of record on Wednesday, November 15th were given a $0.227 dividend. The ex-dividend date was Tuesday, November 14th. This represents a $0.91 dividend on an annualized basis and a yield of 2.76%. Mobile Mini’s dividend payout ratio (DPR) is 81.25%.

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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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