Mount Yale Investment Advisors LLC Has $734,000 Stock Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Mount Yale Investment Advisors LLC trimmed its stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 2.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,491 shares of the company’s stock after selling 407 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in WillScot Mobile Mini were worth $734,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of WSC. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in WillScot Mobile Mini by 1.3% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,362,586 shares of the company’s stock valued at $51,288,000 after buying an additional 17,111 shares in the last quarter. Ensign Peak Advisors Inc boosted its stake in shares of WillScot Mobile Mini by 9.2% in the 2nd quarter. Ensign Peak Advisors Inc now owns 859,470 shares of the company’s stock valued at $32,350,000 after purchasing an additional 72,405 shares in the last quarter. Baupost Group LLC MA bought a new stake in shares of WillScot Mobile Mini in the 2nd quarter worth about $92,971,000. AE Wealth Management LLC acquired a new stake in shares of WillScot Mobile Mini during the 2nd quarter worth about $687,000. Finally, Hsbc Holdings PLC lifted its holdings in WillScot Mobile Mini by 67.3% during the 2nd quarter. Hsbc Holdings PLC now owns 57,604 shares of the company’s stock valued at $2,205,000 after purchasing an additional 23,166 shares during the last quarter. 95.81% of the stock is currently owned by institutional investors.

Insider Activity at WillScot Mobile Mini

In related news, CEO Bradley Lee Soultz bought 5,000 shares of the firm’s stock in a transaction dated Wednesday, September 18th. The stock was bought at an average cost of $38.97 per share, for a total transaction 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. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 3.30% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

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

WillScot Mobile Mini Stock Performance

WillScot Mobile Mini stock opened at $40.45 on Tuesday. The company has a market cap of $7.69 billion, a PE ratio of 24.97, a PEG ratio of 1.36 and a beta of 1.36. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 2.88. WillScot Mobile Mini Holdings Corp. has a 1 year low of $33.23 and a 1 year high of $52.16. The company’s 50-day moving average is $38.26 and its two-hundred day moving average is $39.65.

WillScot Mobile Mini (NASDAQ:WSC) last announced its quarterly earnings data 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 business had revenue of $604.59 million during the quarter, compared to the consensus estimate of $614.85 million. WillScot Mobile Mini had a net margin of 7.77% and a return on equity of 24.27%. WillScot Mobile Mini’s revenue was up 3.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.43 earnings per share. Equities analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.76 earnings per share for the current year.

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.