Sanctuary Advisors LLC Purchases Shares of 13,276 WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Sanctuary Advisors LLC acquired a new position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 13,276 shares of the company’s stock, valued at approximately $514,000.

Several other institutional investors have also modified their holdings of the stock. Norden Group LLC raised its stake in WillScot Mobile Mini by 2,181.8% during the 1st quarter. Norden Group LLC now owns 129,330 shares of the company’s stock worth $6,014,000 after acquiring an additional 123,662 shares in the last quarter. Sunbelt Securities Inc. increased its position in shares of WillScot Mobile Mini by 15,389.0% during the second quarter. Sunbelt Securities Inc. now owns 53,747 shares of the company’s stock worth $2,023,000 after purchasing an additional 53,400 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of WillScot Mobile Mini by 74.4% in the 1st quarter. Sei Investments Co. now owns 640,720 shares of the company’s stock valued at $29,793,000 after purchasing an additional 273,431 shares during the last quarter. Swedbank AB boosted its position in shares of WillScot Mobile Mini by 15.7% in the 2nd quarter. Swedbank AB now owns 980,000 shares of the company’s stock valued at $36,887,000 after purchasing an additional 133,000 shares during the period. Finally, Hood River Capital Management LLC increased its position in WillScot Mobile Mini by 81.2% during the first quarter. Hood River Capital Management LLC now owns 73,405 shares of the company’s stock worth $3,413,000 after buying an additional 32,900 shares during the period. Hedge funds and other institutional investors own 95.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on WSC shares. DA Davidson decreased their price objective on WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating for the company in a report on Monday, August 5th. Bank of America dropped their price objective on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating on the stock in a research note on Friday, August 2nd. Stifel Nicolaus decreased their target price on shares of WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Barclays lowered WillScot Mobile Mini from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $50.00 to $44.00 in a report on Thursday, September 19th. Finally, Oppenheimer reduced their price objective on WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating for the company in a research note on Friday, August 2nd. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $47.90.

WillScot Mobile Mini Stock Down 0.2 %

WSC opened at $36.29 on Wednesday. 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 Holdings Corp. has a 12 month low of $33.23 and a 12 month high of $52.16. The stock has a market capitalization of $6.90 billion, a P/E ratio of 22.40, a P/E/G ratio of 1.17 and a beta of 1.35. The business has a 50 day simple moving average of $37.50 and a 200-day simple moving average of $38.69.

WillScot Mobile Mini (NASDAQ:WSC) last released its earnings results on Thursday, August 1st. The company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of $604.59 million during the quarter, compared to analyst estimates of $614.85 million. During the same period last year, the business posted $0.43 EPS. WillScot Mobile Mini’s revenue was up 3.9% compared to the same quarter last year. On average, equities analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.76 earnings per share for the current fiscal year.

Insider Activity at WillScot Mobile Mini

In related news, CEO Bradley Lee Soultz bought 5,000 shares of the stock in a transaction on Wednesday, September 18th. The shares were bought at an average cost of $38.97 per share, for a total transaction of $194,850.00. Following the completion of the transaction, the chief executive officer now owns 149,686 shares of the company’s stock, valued at $5,833,263.42. This represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 3.30% of the company’s stock.

WillScot Mobile Mini Company 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.