WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC lifted its holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 3,631.0% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 24,177 shares of the company’s stock after purchasing an additional 23,529 shares during the period. International Assets Investment Management LLC’s holdings in WillScot Mobile Mini were worth $909,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in WSC. Sunbelt Securities Inc. lifted its position in shares of WillScot Mobile Mini by 15,389.0% during the 2nd quarter. Sunbelt Securities Inc. now owns 53,747 shares of the company’s stock worth $2,023,000 after buying an additional 53,400 shares during the last quarter. Sei Investments Co. boosted its stake in WillScot Mobile Mini by 74.4% in the first quarter. Sei Investments Co. now owns 640,720 shares of the company’s stock valued at $29,793,000 after acquiring an additional 273,431 shares in the last quarter. Swedbank AB grew its holdings in shares of WillScot Mobile Mini by 15.7% during the second quarter. Swedbank AB now owns 980,000 shares of the company’s stock worth $36,887,000 after purchasing an additional 133,000 shares during the last quarter. Hood River Capital Management LLC increased its position in shares of 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 purchasing an additional 32,900 shares in the last quarter. Finally, Blair William & Co. IL lifted its holdings in shares of WillScot Mobile Mini by 51.8% in the 1st quarter. Blair William & Co. IL now owns 210,336 shares of the company’s stock valued at $9,781,000 after purchasing an additional 71,793 shares during the last quarter. 95.81% of the stock is owned by hedge funds and other institutional investors.

WillScot Mobile Mini Stock Performance

Shares of WSC stock opened at $36.86 on Tuesday. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.83. The company’s fifty day moving average price is $37.92 and its two-hundred day moving average price is $38.25. The firm has a market capitalization of $6.95 billion, a P/E ratio of 335.12, a P/E/G ratio of 1.08 and a beta of 1.37. WillScot Mobile Mini Holdings Corp. has a 12 month low of $32.71 and a 12 month high of $52.16.

WillScot Mobile Mini (NASDAQ:WSC) last released its earnings results on Wednesday, October 30th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.10). WillScot Mobile Mini had a return on equity of 23.97% and a net margin of 1.05%. The firm had revenue of $601.43 million for the quarter, compared to the consensus estimate of $617.83 million. During the same period in the prior year, the business earned $0.46 EPS. The company’s quarterly revenue was down .6% on a year-over-year basis. On average, research analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.73 earnings per share for the current fiscal year.

Insider Activity at WillScot Mobile Mini

In related news, CEO Bradley Lee Soultz acquired 5,000 shares of the business’s stock in a transaction on Wednesday, September 18th. The shares were purchased at an average price of $38.97 per share, for a total transaction of $194,850.00. Following the acquisition, the chief executive officer now owns 149,686 shares in the company, valued at approximately $5,833,263.42. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 3.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on WSC. Robert W. Baird dropped their price objective on shares of WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating on the stock in a research note on Thursday, October 31st. Oppenheimer decreased 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. Baird R W lowered WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 24th. Barclays decreased their price target on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating for the company in a report on Friday. Finally, Stifel Nicolaus dropped their price objective on shares of WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating on the stock in a research note on Friday, August 2nd. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, WillScot Mobile Mini has a consensus rating of “Hold” and an average target price of $45.00.

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.