8,330 Shares in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Bought by Everence Capital Management Inc.

Everence Capital Management Inc. bought a new stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 8,330 shares of the company’s stock, valued at approximately $279,000.

Several other large investors also recently modified their holdings of WSC. TD Asset Management Inc grew its position in shares of WillScot Mobile Mini by 21.9% in the 2nd quarter. TD Asset Management Inc now owns 67,632 shares of the company’s stock valued at $2,546,000 after purchasing an additional 12,144 shares during the period. Victory Capital Management Inc. increased its position in shares of WillScot Mobile Mini by 6.7% during the second quarter. Victory Capital Management Inc. now owns 148,225 shares of the company’s stock worth $5,579,000 after acquiring an additional 9,277 shares in the last quarter. Arizona State Retirement System raised its holdings in shares of WillScot Mobile Mini by 1.0% during the second quarter. Arizona State Retirement System now owns 53,184 shares of the company’s stock worth $2,002,000 after acquiring an additional 520 shares during the period. Malaga Cove Capital LLC bought a new stake in WillScot Mobile Mini in the 2nd quarter valued at $227,000. Finally, Headlands Technologies LLC boosted its stake in WillScot Mobile Mini by 323.1% in the 2nd quarter. Headlands Technologies LLC now owns 30,946 shares of the company’s stock worth $1,165,000 after purchasing an additional 23,632 shares during the period. 95.81% of the stock is currently owned by institutional investors.

Insider Activity at WillScot Mobile Mini

In other news, EVP Hezron T. Lopez sold 20,000 shares of the business’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $39.38, for a total value of $787,600.00. Following the completion of the sale, the executive vice president now owns 57,918 shares of the company’s stock, valued at approximately $2,280,810.84. The trade was a 25.67 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Bradley Lee Soultz purchased 5,000 shares of the firm’s stock in a transaction that occurred on Monday, November 4th. The stock was acquired at an average price of $36.38 per share, for a total transaction of $181,900.00. Following the completion of the purchase, the chief executive officer now directly owns 144,686 shares of the company’s stock, valued at $5,263,676.68. This represents a 3.58 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 15,000 shares of company stock worth $533,900 and have sold 36,959 shares worth $1,382,636. 3.30% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on WSC. Baird R W lowered WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 24th. Barclays reduced their price target 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. Deutsche Bank Aktiengesellschaft lowered shares of WillScot Mobile Mini from a “buy” rating to a “hold” rating and cut their price objective for the stock from $46.00 to $35.00 in a research report on Thursday, October 31st. Robert W. Baird decreased their target price on shares of 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. Finally, Morgan Stanley raised shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $40.00 to $50.00 in a research report on Tuesday, December 17th. Five investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, WillScot Mobile Mini presently has an average rating of “Moderate Buy” and a consensus price target of $45.50.

WillScot Mobile Mini Price Performance

Shares of NASDAQ WSC opened at $34.13 on Wednesday. WillScot Mobile Mini Holdings Corp. has a twelve month low of $32.57 and a twelve month high of $52.16. The company has a market cap of $6.31 billion, a PE ratio of 310.30, a price-to-earnings-growth ratio of 2.12 and a beta of 1.40. The business’s 50 day moving average price is $36.23 and its two-hundred day moving average price is $37.38. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42.

WillScot Mobile Mini (NASDAQ:WSC) last posted its quarterly earnings results 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). WillScot Mobile Mini had a net margin of 1.05% and a return on equity of 23.97%. The business had revenue of $601.43 million during the quarter, compared to the consensus estimate of $617.83 million. During the same quarter last year, the company posted $0.46 EPS. The firm’s revenue was down .6% on a year-over-year basis. On average, analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS 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.