Barclays PLC boosted its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC – Get Rating) by 18.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 89,142 shares of the company’s stock after buying an additional 13,955 shares during the quarter. Barclays PLC’s holdings in WillScot Mobile Mini were worth $3,595,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. National Bank of Canada FI purchased a new position in WillScot Mobile Mini during the 2nd quarter valued at $25,000. Asset Dedication LLC purchased a new position in WillScot Mobile Mini during the 3rd quarter valued at $35,000. Quantbot Technologies LP purchased a new position in WillScot Mobile Mini during the 1st quarter valued at $46,000. Robeco Institutional Asset Management BV purchased a new position in WillScot Mobile Mini during the 2nd quarter valued at $58,000. Finally, Eagle Bay Advisors LLC increased its position in 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 period. 97.25% of the stock is currently owned by institutional investors.
Insider Buying and Selling at WillScot Mobile Mini
In related news, CEO Bradley Lee Soultz bought 5,000 shares of the stock in a transaction on Monday, November 7th. The shares were acquired at an average price of $46.88 per share, for a total transaction of $234,400.00. Following the purchase, 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 document filed with the SEC, which can be accessed through this link. In other news, Director Jeffrey Sagansky sold 50,000 shares of the 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 transaction, the director now owns 2,595,712 shares in the company, valued at approximately $119,740,194.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Bradley Lee Soultz acquired 5,000 shares of the stock in a transaction dated Monday, November 7th. The stock was acquired at an average price of $46.88 per share, for a total transaction of $234,400.00. Following the purchase, the chief executive officer now directly owns 431,683 shares in the company, valued at $20,237,299.04. The disclosure for this purchase can be found here. Company insiders own 2.80% of the company’s stock.
WillScot Mobile Mini Stock Performance
Shares of WillScot Mobile Mini stock opened at $47.56 on Tuesday. The stock has a market cap of $9.93 billion, a price-to-earnings ratio of 32.80, a PEG ratio of 0.98 and a beta of 1.55. The firm’s 50-day moving average is $46.28 and its 200 day moving average is $43.16. WillScot Mobile Mini Holdings Corp. has a 1 year low of $30.52 and a 1 year high of $49.02. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.88 and a quick ratio of 0.81.
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, topping analysts’ consensus estimates of $0.37 by $0.02. The company had revenue of $604.17 million for the quarter, compared to analysts’ expectations of $583.43 million. WillScot Mobile Mini had a net margin of 14.80% and a return on equity of 15.36%. Sell-side analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.35 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on WSC shares. Barclays raised their target price on shares of WillScot Mobile Mini from $50.00 to $55.00 and gave the stock an “overweight” rating in a research report on Friday, December 2nd. Robert W. Baird upped their target price on shares of WillScot Mobile Mini from $45.00 to $53.00 in a research report on Thursday, November 3rd. Morgan Stanley raised their target price on shares of WillScot Mobile Mini from $56.00 to $62.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 14th. Finally, Oppenheimer upped their target price on shares of WillScot Mobile Mini to $48.00 in a research report on Thursday, October 13th.
WillScot Mobile Mini Company Profile
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WillScot Mobile Mini Holdings Corp. provides modular and portable storage services. The firm offers furniture rental, transportation and logistics, storage & facilities services and commercial real estate services. It offers turnkey office space and storage solutions for temporary applications in the commercial and industrial, construction, retail, education, health care, government, transportation, security and energy sectors.
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