Robeco Institutional Asset Management BV Boosts Stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Robeco Institutional Asset Management BV raised its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC – Get Rating) by 170.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,852 shares of the company’s stock after buying an additional 3,059 shares during the period. Robeco Institutional Asset Management BV’s holdings in WillScot Mobile Mini were worth $196,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. National Bank of Canada FI purchased a new position in WillScot Mobile Mini in the second quarter worth $25,000. Quantbot Technologies LP bought a new position in shares of WillScot Mobile Mini in the 1st quarter worth about $46,000. Eagle Bay Advisors LLC increased its position in shares of WillScot Mobile Mini by 113.1% during the 2nd quarter. Eagle Bay Advisors LLC now owns 1,918 shares of the company’s stock valued at $62,000 after purchasing an additional 1,018 shares during the last quarter. Covestor Ltd raised its holdings in shares of WillScot Mobile Mini by 59.0% during the 1st quarter. Covestor Ltd now owns 2,511 shares of the company’s stock valued at $98,000 after buying an additional 932 shares in the last quarter. Finally, Ellevest Inc. lifted its position in WillScot Mobile Mini by 64.5% in the 2nd quarter. Ellevest Inc. now owns 5,306 shares of the company’s stock worth $172,000 after buying an additional 2,080 shares during the last quarter. Hedge funds and other institutional investors own 97.25% of the company’s stock.

WillScot Mobile Mini Price Performance

WSC stock opened at $46.17 on Friday. The stock has a market capitalization of $9.64 billion, a price-to-earnings ratio of 31.84, a PEG ratio of 0.94 and a beta of 1.55. The firm’s 50-day moving average price is $46.33 and its two-hundred day moving average price is $41.99. The company has a current ratio of 0.88, a quick ratio of 0.81 and a debt-to-equity ratio of 1.75. WillScot Mobile Mini Holdings Corp. has a 12-month low of $30.52 and a 12-month high of $49.02.

WillScot Mobile Mini (NASDAQ:WSC – Get Rating) last announced its quarterly earnings results on Wednesday, November 2nd. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. The company had revenue of $604.17 million for the quarter, compared to the consensus estimate of $583.43 million. WillScot Mobile Mini had a return on equity of 15.36% and a net margin of 14.80%. As a group, equities analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.35 earnings per share for the current year.

Analysts Set New Price Targets

WSC has been the topic of several research reports. Barclays lifted their price target on shares of WillScot Mobile Mini from $50.00 to $55.00 and gave the stock an “overweight” rating in a research note on Friday, December 2nd. Robert W. Baird boosted their price target on shares of WillScot Mobile Mini from $45.00 to $53.00 in a research note on Thursday, November 3rd. Morgan Stanley upped their price target on shares of WillScot Mobile Mini from $56.00 to $62.00 and gave the company an “overweight” rating in a research report on Wednesday, December 14th. Finally, Oppenheimer lifted their price objective on WillScot Mobile Mini to $48.00 in a report on Thursday, October 13th.

Insider Activity at WillScot Mobile Mini

In related news, Director Jeffrey Sagansky sold 50,000 shares of WillScot Mobile Mini stock in a transaction on Monday, November 7th. The shares were sold at an average price of $46.13, for a total value of $2,306,500.00. Following the sale, the director now owns 2,595,712 shares in the company, valued at $119,740,194.56. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, CEO Bradley Lee Soultz bought 5,000 shares of the firm’s stock in a transaction dated Monday, November 7th. The stock was purchased at an average price of $46.88 per share, with a total value of $234,400.00. Following the transaction, the chief executive officer now owns 431,683 shares of the company’s stock, valued at $20,237,299.04. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Jeffrey Sagansky sold 50,000 shares of the firm’s stock in a transaction that occurred on Monday, November 7th. The shares were sold at an average price of $46.13, for a total value of $2,306,500.00. Following the completion of the transaction, the director now owns 2,595,712 shares of the company’s stock, valued at approximately $119,740,194.56. The disclosure for this sale can be found here. 2.80% of the stock is owned by corporate insiders.

WillScot Mobile Mini Profile

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WillScot Mobile Mini Holdings Corp. provides work space and portable storage solutions in the United States, Canada, Mexico, and the United Kingdom. The company leases modular space and portable storage units to customers in the commercial and industrial, construction, education, energy and natural resources, government, and other end markets.