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A number of other institutional investors have also added to or reduced their stakes in the company. National Bank of Canada FI acquired a new stake in WillScot Mobile Mini during the second quarter valued at approximately $25,000. Asset Dedication LLC acquired a new stake in WillScot Mobile Mini during the third quarter valued at approximately $35,000. Quantbot Technologies LP acquired a new stake in WillScot Mobile Mini during the first quarter valued at approximately $46,000. Robeco Institutional Asset Management BV bought a new position in shares of WillScot Mobile Mini in the second quarter valued at approximately $58,000. Finally, Eagle Bay Advisors LLC raised its stake in shares of WillScot Mobile Mini by 113.1% in the second quarter. Eagle Bay Advisors LLC now owns 1,918 shares of the company’s stock valued at $62,000 after acquiring an additional 1,018 shares during the last quarter. 97.25% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on WSC shares. Morgan Stanley lifted their target price on shares of WillScot Mobile Mini from $56.00 to $62.00 and gave the company an “overweight” rating in a research note on Wednesday, December 14th. Oppenheimer lifted their target price on shares of WillScot Mobile Mini to $48.00 in a research note on Thursday, October 13th. Robert W. Baird lifted their target price on shares of WillScot Mobile Mini from $45.00 to $53.00 in a research note on Thursday, November 3rd. Finally, Barclays lifted their target price on shares of WillScot Mobile Mini from $50.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday, December 2nd.
WillScot Mobile Mini Stock Performance
WSC stock opened at $47.87 on Monday. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.88 and a quick ratio of 0.81. The company has a 50 day moving average price of $46.27 and a 200 day moving average price of $43.05. WillScot Mobile Mini Holdings Corp. has a fifty-two week low of $30.52 and a fifty-two week high of $49.02. The stock has a market capitalization of $10.00 billion, a PE ratio of 33.01, a price-to-earnings-growth ratio of 0.98 and a beta of 1.55.
WillScot Mobile Mini (NASDAQ:WSC – Get Rating) last issued its earnings results on Wednesday, November 2nd. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.37 by $0.02. The company had revenue of $604.17 million during the quarter, compared to analysts’ expectations of $583.43 million. WillScot Mobile Mini had a net margin of 14.80% and a return on equity of 15.36%. Analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.35 EPS for the current year.
Insider Buying and Selling at WillScot Mobile Mini
In other WillScot Mobile Mini news, Director Jeffrey Sagansky sold 50,000 shares of the company’s stock in a transaction on Monday, November 7th. The shares were sold at an average price of $46.13, for a total transaction of $2,306,500.00. Following the completion of the sale, the director now owns 2,595,712 shares in the company, valued at approximately $119,740,194.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CEO Bradley Lee Soultz purchased 5,000 shares of the firm’s stock in a transaction dated Monday, November 7th. The stock was bought at an average price of $46.88 per share, with a total value of $234,400.00. Following the acquisition, the chief executive officer now directly owns 431,683 shares of the company’s stock, valued at $20,237,299.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jeffrey Sagansky sold 50,000 shares of the business’s stock in a transaction on Monday, November 7th. The shares were sold at an average price of $46.13, for a total transaction of $2,306,500.00. Following the completion of the transaction, the director now directly owns 2,595,712 shares of the company’s stock, valued at approximately $119,740,194.56. The disclosure for this sale can be found here. Corporate insiders own 2.80% of the company’s stock.
WillScot Mobile Mini Company Profile
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WillScot Mobile Mini Holdings Corp. provides modular and portable storage services. The firm offers furniture rental, transportation and logistics, storage & facilities services and commercial real estate services. It offers turnkey office space and storage solutions for temporary applications in the commercial and industrial, construction, retail, education, health care, government, transportation, security and energy sectors.
See Also
Want to see what other hedge funds are holding WSC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC – Get Rating).
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