WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lowered its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 6.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 138,647 shares of the company’s stock after selling 9,578 shares during the period. Victory Capital Management Inc. owned 0.07% of WillScot Mobile Mini worth $5,213,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. CANADA LIFE ASSURANCE Co raised its position in WillScot Mobile Mini by 3.3% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 48,161 shares of the company’s stock worth $2,241,000 after buying an additional 1,543 shares during the last quarter. Quadrature Capital Ltd purchased a new position in WillScot Mobile Mini during the 1st quarter worth $484,000. Magnetar Financial LLC purchased a new position in WillScot Mobile Mini during the 1st quarter worth $326,000. Hood River Capital Management LLC raised its position in WillScot Mobile Mini by 81.2% during the 1st 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 last quarter. Finally, Price T Rowe Associates Inc. MD raised its position in 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 buying an additional 456,674 shares during the last quarter. Institutional investors and hedge funds own 95.81% of the company’s stock.

WillScot Mobile Mini Stock Performance

NASDAQ:WSC opened at $36.30 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42. The firm has a 50-day moving average price of $37.68 and a two-hundred day moving average price of $38.15. WillScot Mobile Mini Holdings Corp. has a twelve month low of $32.71 and a twelve month high of $52.16. The company has a market capitalization of $6.71 billion, a P/E ratio of 322.18, a price-to-earnings-growth ratio of 2.12 and a beta of 1.37.

WillScot Mobile Mini (NASDAQ:WSC) last released its quarterly earnings results on Wednesday, October 30th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate 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 analyst estimates of $617.83 million. During the same period in the prior year, the business earned $0.46 earnings per share. WillScot Mobile Mini’s revenue for the quarter was down .6% on a year-over-year basis. As a group, research analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.53 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Bradley Lee Soultz bought 5,000 shares of the stock in a transaction that occurred on Monday, November 4th. The stock was purchased at an average cost of $36.38 per share, for a total transaction of $181,900.00. Following the completion of the acquisition, the chief executive officer now owns 144,686 shares in the company, valued at $5,263,676.68. This trade represents a 3.58 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Sally J. Shanks sold 14,059 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $34.69, for a total transaction of $487,706.71. Following the completion of the sale, the chief accounting officer now owns 26,113 shares of the company’s stock, valued at approximately $905,859.97. The trade was a 35.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have bought 20,000 shares of company stock valued at $728,750 in the last ninety days. Insiders own 3.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on WSC. DA Davidson cut 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. Baird R W downgraded shares of WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 24th. Oppenheimer cut their price target 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. Deutsche Bank Aktiengesellschaft downgraded shares of WillScot Mobile Mini from a “buy” rating to a “hold” rating and cut their price target for the company from $46.00 to $35.00 in a report on Thursday, October 31st. Finally, Bank of America cut their price target on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating for the company in a report on Friday, August 2nd. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $45.00.

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.