Bokf Na Cuts Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Bokf Na decreased its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 43.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 22,829 shares of the company’s stock after selling 17,463 shares during the period. Bokf Na’s holdings in WillScot Mobile Mini were worth $859,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WSC. Quarry LP acquired a new stake in shares of WillScot Mobile Mini in the fourth quarter valued at about $38,000. TFO Wealth Partners LLC grew its position in shares of WillScot Mobile Mini by 6,578.6% in the fourth quarter. TFO Wealth Partners LLC now owns 935 shares of the company’s stock valued at $42,000 after purchasing an additional 921 shares during the period. Fidelis Capital Partners LLC acquired a new stake in shares of WillScot Mobile Mini in the first quarter valued at about $55,000. Summit Securities Group LLC acquired a new stake in shares of WillScot Mobile Mini in the second quarter valued at about $56,000. Finally, Principal Securities Inc. acquired a new stake in shares of WillScot Mobile Mini in the fourth quarter valued at about $71,000. Hedge funds and other institutional investors own 95.81% of the company’s stock.

WillScot Mobile Mini Stock Performance

NASDAQ:WSC opened at $39.16 on Monday. The company’s 50-day moving average is $37.99 and its two-hundred day moving average is $39.98. The firm has a market capitalization of $7.38 billion, a price-to-earnings ratio of 24.17, a PEG ratio of 1.35 and a beta of 1.36. WillScot Mobile Mini Holdings Corp. has a 1-year low of $33.23 and a 1-year high of $52.16. The company has a debt-to-equity ratio of 2.88, a current ratio of 0.91 and a quick ratio of 0.83.

WillScot Mobile Mini (NASDAQ:WSC) last posted its earnings results on Thursday, August 1st. The company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.01). WillScot Mobile Mini had a net margin of 7.77% and a return on equity of 24.27%. The company had revenue of $604.59 million during the quarter, compared to analyst estimates of $614.85 million. During the same quarter last year, the business posted $0.43 EPS. The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. Analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.76 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. DA Davidson lowered their price target on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating on the stock in a research report on Monday, August 5th. Barclays lowered their price target on shares of WillScot Mobile Mini from $60.00 to $50.00 and set an “overweight” rating on the stock in a research report on Monday, August 5th. Oppenheimer lowered their price target on shares of WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating on the stock in a research report on Friday, August 2nd. Bank of America lowered their price target on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. Finally, Stifel Nicolaus lowered their price target on shares of WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, WillScot Mobile Mini presently has an average rating of “Moderate Buy” and an average price target of $48.50.

About WillScot Mobile Mini

WillScot Holdings Corporation provides workspace and portable storage solutions in the United States, Canada, and Mexico. It operates in two segments, Modular Solutions and Storage Solutions. Its modular solutions include panelized and stackable offices, single-wide modular space units, section modulars and redi-plex, classrooms, ground level offices, blast-resistant modules, clearspan structures, and other modular space; and portable storage solutions, such as portable and cold storage containers, as well as trailers.