Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. National Bank of Canada FI acquired a new stake in WillScot Mobile Mini in the second quarter valued at approximately $25,000. Asset Dedication LLC acquired a new stake in shares of WillScot Mobile Mini in the third quarter worth $35,000. Quantbot Technologies LP acquired a new stake in shares of WillScot Mobile Mini in the first quarter worth $46,000. Robeco Institutional Asset Management BV acquired a new stake in shares of WillScot Mobile Mini in the second quarter worth $58,000. Finally, Eagle Bay Advisors LLC lifted 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 worth $62,000 after buying an additional 1,018 shares during the last quarter. 97.25% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the stock. Barclays boosted their price objective on shares of WillScot Mobile Mini from $50.00 to $55.00 and gave the stock an “overweight” rating in a research note on Friday, December 2nd. Oppenheimer boosted their target price on shares of WillScot Mobile Mini to $48.00 in a research report on Thursday, October 13th. Morgan Stanley boosted their target price on shares of WillScot Mobile Mini from $56.00 to $62.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 14th. Finally, Robert W. Baird boosted their target price on shares of WillScot Mobile Mini from $45.00 to $53.00 in a research report on Thursday, November 3rd.
WillScot Mobile Mini Trading Down 0.5%
Shares of WillScot Mobile Mini stock opened at $45.75 on Friday. The firm has a market capitalization of $9.56 billion, a PE ratio of 31.70, a price-to-earnings-growth ratio of 0.91 and a beta of 1.55. 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’s fifty day moving average price is $46.32 and its two-hundred day moving average price is $41.85. WillScot Mobile Mini Holdings Corp. has a 52-week low of $30.52 and a 52-week high of $49.02.
WillScot Mobile Mini (NASDAQ:WSC – Get Rating) last announced its quarterly earnings results on Wednesday, November 2nd. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.02. The firm had revenue of $604.17 million for the quarter, compared to analyst estimates of $583.43 million. WillScot Mobile Mini had a net margin of 14.80% and a return on equity of 15.36%. On average, analysts expect 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, CEO Bradley Lee Soultz purchased 5,000 shares of the stock in a transaction on Monday, November 7th. The shares were purchased 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 approximately $20,237,299.04. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other news, CEO Bradley Lee Soultz bought 5,000 shares of the stock in a transaction dated Monday, November 7th. The shares were acquired 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 owns 431,683 shares in the company, valued at $20,237,299.04. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Jeffrey Sagansky sold 50,000 shares of the company’s stock in a transaction dated Monday, November 7th. The stock was 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 directly owns 2,595,712 shares in the company, valued at approximately $119,740,194.56. The disclosure for this sale can be found here. Insiders own 2.80% of the company’s stock.
About WillScot Mobile Mini
WillScot Mobile Mini Holdings Corp. provides work space and portable storage solutions in the United States, Canada, Mexico, and the United Kingdom. The company leases modular space and portable storage units to customers in the commercial and industrial, construction, education, energy and natural resources, government, and other end markets.
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