WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Sold by Rockingstone Advisors LLC

Rockingstone Advisors LLC decreased its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 35.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,445 shares of the company’s stock after selling 14,935 shares during the quarter. Rockingstone Advisors LLC’s holdings in WillScot Mobile Mini were worth $1,032,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Price T Rowe Associates Inc. MD grew its stake in shares of WillScot Mobile Mini by 4.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,668,190 shares of the company’s stock worth $542,572,000 after purchasing an additional 456,674 shares during the period. Clearbridge Investments LLC grew its stake in shares of WillScot Mobile Mini by 2.6% during the 2nd quarter. Clearbridge Investments LLC now owns 5,887,128 shares of the company’s stock worth $221,591,000 after purchasing an additional 148,973 shares during the period. Boston Partners grew its stake in shares of WillScot Mobile Mini by 66.0% during the 1st quarter. Boston Partners now owns 5,434,288 shares of the company’s stock worth $251,118,000 after purchasing an additional 2,159,958 shares during the period. William Blair Investment Management LLC grew its stake in WillScot Mobile Mini by 102.9% in the 2nd quarter. William Blair Investment Management LLC now owns 4,643,901 shares of the company’s stock valued at $174,796,000 after acquiring an additional 2,355,445 shares during the period. Finally, Bessemer Group Inc. increased its holdings in WillScot Mobile Mini by 3.2% in the 1st quarter. Bessemer Group Inc. now owns 4,245,829 shares of the company’s stock worth $197,432,000 after acquiring an additional 132,503 shares in the last quarter. Institutional investors and hedge funds own 95.81% of the company’s stock.

Analysts Set New Price Targets

WSC has been the subject of a number of research analyst reports. Barclays cut shares of WillScot Mobile Mini from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $50.00 to $44.00 in a research report on Thursday, September 19th. DA Davidson reduced their price objective on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating for the company in a research report on Monday, August 5th. Stifel Nicolaus reduced their price objective on shares of WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Bank of America reduced their price objective on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Finally, Oppenheimer dropped their target price on shares of WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating for the company in a report on Friday, August 2nd. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $47.90.

WillScot Mobile Mini Stock Down 1.9 %

Shares of WSC opened at $36.49 on Wednesday. WillScot Mobile Mini Holdings Corp. has a 52-week low of $33.23 and a 52-week high of $52.16. The company has a market capitalization of $6.94 billion, a PE ratio of 22.52, a price-to-earnings-growth ratio of 1.21 and a beta of 1.35. The stock has a fifty day simple moving average of $37.57 and a two-hundred day simple moving average of $39.03. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 2.88.

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

Insider Buying and Selling

In other WillScot Mobile Mini news, CEO Bradley Lee Soultz acquired 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 18th. The stock was purchased at an average cost of $38.97 per share, with a total value of $194,850.00. Following the transaction, the chief executive officer now owns 149,686 shares of the company’s stock, valued at $5,833,263.42. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 3.30% of the company’s stock.

WillScot Mobile Mini Profile

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.