Nisa Investment Advisors LLC Has $96,000 Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Nisa Investment Advisors LLC lowered its stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 56.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 2,874 shares of the company’s stock after selling 3,720 shares during the period. Nisa Investment Advisors LLC’s holdings in WillScot Mobile Mini were worth $96,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bank of Montreal Can boosted its position in shares of WillScot Mobile Mini by 156.9% during the second quarter. Bank of Montreal Can now owns 41,875 shares of the company’s stock valued at $1,616,000 after buying an additional 25,578 shares during the last quarter. Creative Planning boosted its holdings in WillScot Mobile Mini by 21.1% during the 2nd quarter. Creative Planning now owns 11,855 shares of the company’s stock worth $446,000 after acquiring an additional 2,068 shares during the last quarter. Teachers Retirement System of The State of Kentucky grew its stake in shares of WillScot Mobile Mini by 7.8% in the 2nd quarter. Teachers Retirement System of The State of Kentucky now owns 40,880 shares of the company’s stock worth $1,539,000 after acquiring an additional 2,960 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of WillScot Mobile Mini in the second quarter valued at about $514,000. Finally, Fulton Bank N.A. bought a new position in shares of WillScot Mobile Mini during the third quarter valued at about $264,000. 95.81% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

WSC has been the subject of several analyst reports. Morgan Stanley upgraded shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $40.00 to $50.00 in a research note on Tuesday, December 17th. Robert W. Baird decreased their price target on WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, October 31st. Baird R W cut WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 24th. Barclays decreased their target price on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating for the company in a research report on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of WillScot Mobile Mini from a “buy” rating to a “hold” rating and cut their price target for the stock from $46.00 to $35.00 in a report on Thursday, October 31st. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $45.50.

WillScot Mobile Mini Price Performance

WSC opened at $36.97 on Friday. The company has a market capitalization of $6.83 billion, a price-to-earnings ratio of 336.12, a PEG ratio of 2.04 and a beta of 1.40. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42. The firm has a 50-day moving average price of $36.09 and a 200-day moving average price of $37.26. WillScot Mobile Mini Holdings Corp. has a twelve month low of $32.57 and a twelve month high of $52.16.

WillScot Mobile Mini (NASDAQ:WSC) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.10). The business had revenue of $601.43 million during the quarter, compared to analysts’ expectations of $617.83 million. WillScot Mobile Mini had a net margin of 1.05% and a return on equity of 23.97%. The firm’s quarterly revenue was down .6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.46 earnings per share. Equities analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current year.

Insider Activity

In other news, CEO Bradley Lee Soultz bought 5,000 shares of the stock in a transaction on Monday, November 4th. The shares were acquired at an average cost of $36.38 per share, for a total transaction of $181,900.00. Following the purchase, the chief executive officer now directly owns 144,686 shares of the company’s stock, valued at $5,263,676.68. This trade represents a 3.58 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Graeme Parkes sold 2,900 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $37.01, for a total transaction of $107,329.00. Following the transaction, the insider now owns 72,818 shares of the company’s stock, valued at $2,694,994.18. This trade represents a 3.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders purchased 15,000 shares of company stock worth $533,900 and sold 36,959 shares worth $1,382,636. 3.30% of the stock is owned by company insiders.

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.