Bank of Nova Scotia Invests $222,000 in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Bank of Nova Scotia acquired a new position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC – Get Rating) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,924 shares of the company’s stock, valued at approximately $222,000.

Several other institutional investors also recently modified their holdings of the company. William Blair Investment Management LLC grew its holdings in shares of WillScot Mobile Mini by 224.0% during the 4th quarter. William Blair Investment Management LLC now owns 2,457,105 shares of the company’s stock worth $110,987,000 after purchasing an additional 1,698,753 shares in the last quarter. First Trust Advisors LP lifted its position in shares of WillScot Mobile Mini by 39.5% during the 4th quarter. First Trust Advisors LP now owns 795,565 shares of the company’s stock worth $35,935,000 after buying an additional 225,131 shares during the period. Principal Financial Group Inc. lifted its position in shares of WillScot Mobile Mini by 865.0% during the 4th quarter. Principal Financial Group Inc. now owns 231,930 shares of the company’s stock worth $10,476,000 after buying an additional 207,895 shares during the period. BCK Capital Management LP lifted its position in shares of WillScot Mobile Mini by 5.3% during the 4th quarter. BCK Capital Management LP now owns 90,530 shares of the company’s stock worth $4,089,000 after buying an additional 4,569 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its position in shares of WillScot Mobile Mini by 22,169.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 15,366 shares of the company’s stock worth $694,000 after buying an additional 15,297 shares during the period. Institutional investors and hedge funds own 97.25% of the company’s stock.

Insider Buying and Selling

In related news, Director Erika T. Davis acquired 2,950 shares of the firm’s stock in a transaction that occurred on Monday, February 27th. The stock was acquired at an average cost of $50.65 per share, with a total value of $149,417.50. Following the completion of the purchase, the director now directly owns 6,313 shares in the company, valued at $319,753.45. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other WillScot Mobile Mini news, Director Erika T. Davis bought 2,950 shares of the firm’s stock in a transaction on Monday, February 27th. The stock was purchased at an average cost of $50.65 per share, with a total value of $149,417.50. Following the completion of the purchase, the director now owns 6,313 shares in the company, valued at $319,753.45. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Bradley Lee Soultz bought 5,000 shares of the firm’s stock in a transaction on Tuesday, May 2nd. The stock was acquired at an average cost of $44.62 per share, with a total value of $223,100.00. Following the completion of the purchase, the chief executive officer now owns 10,000 shares of the company’s stock, valued at approximately $446,200. The disclosure for this purchase can be found here. Insiders purchased a total of 12,950 shares of company stock valued at $624,868 over the last three months. Company insiders own 3.10% of the company’s stock.

WillScot Mobile Mini Trading Down 0.6 %

WSC stock opened at $44.26 on Friday. The company has a quick ratio of 0.96, a current ratio of 1.04 and a debt-to-equity ratio of 1.84. WillScot Mobile Mini Holdings Corp. has a twelve month low of $30.52 and a twelve month high of $53.46. The business has a fifty day moving average of $44.00 and a 200-day moving average of $46.47. The company has a market cap of $8.95 billion, a P/E ratio of 19.16, a PEG ratio of 1.34 and a beta of 1.52.

WillScot Mobile Mini (NASDAQ:WSC – Get Rating) last announced its quarterly earnings data on Tuesday, February 21st. The company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.04. WillScot Mobile Mini had a return on equity of 20.32% and a net margin of 21.32%. The business had revenue of $590.55 million during the quarter, compared to analysts’ expectations of $587.95 million. As a group, equities research analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.84 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on WSC shares. William Blair started coverage on WillScot Mobile Mini in a research report on Wednesday, February 8th. They set an “outperform” rating for the company. Robert W. Baird lifted their price objective on WillScot Mobile Mini from $50.00 to $55.00 in a research report on Thursday, April 27th. Morgan Stanley cut their price objective on WillScot Mobile Mini from $62.00 to $60.00 and set an “overweight” rating for the company in a research report on Tuesday, February 14th. Deutsche Bank Aktiengesellschaft lifted their price objective on WillScot Mobile Mini from $54.00 to $56.00 in a research report on Friday, April 28th. Finally, Oppenheimer lifted their price objective on WillScot Mobile Mini from $51.00 to $53.00 and gave the company an “outperform” rating in a research report on Thursday, February 23rd. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $54.83.

About WillScot Mobile Mini

(Get Rating)

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.