WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Purchased by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 34.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 43,151 shares of the company’s stock after acquiring an additional 11,136 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in WillScot Mobile Mini were worth $1,920,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Clearbridge Investments LLC boosted its stake in WillScot Mobile Mini by 1.3% during the third quarter. Clearbridge Investments LLC now owns 5,609,388 shares of the company’s stock worth $233,294,000 after buying an additional 73,119 shares during the period. Trust Point Inc. purchased a new position in WillScot Mobile Mini during the fourth quarter worth about $1,017,000. Citigroup Inc. boosted its stake in WillScot Mobile Mini by 233.8% during the third quarter. Citigroup Inc. now owns 88,896 shares of the company’s stock worth $3,697,000 after buying an additional 62,262 shares during the period. Assenagon Asset Management S.A. boosted its stake in WillScot Mobile Mini by 252.5% during the fourth quarter. Assenagon Asset Management S.A. now owns 65,429 shares of the company’s stock worth $2,912,000 after buying an additional 46,866 shares during the period. Finally, Osborne Partners Capital Management LLC purchased a new position in WillScot Mobile Mini during the fourth quarter worth about $6,306,000. 95.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have weighed in on WSC. Deutsche Bank Aktiengesellschaft increased their target price on shares of WillScot Mobile Mini from $51.00 to $53.00 and gave the stock a “buy” rating in a research note on Tuesday, January 30th. Oppenheimer raised their price objective on shares of WillScot Mobile Mini from $55.00 to $57.00 and gave the company an “outperform” rating in a research note on Friday, January 19th. Wells Fargo & Company raised their price objective on shares of WillScot Mobile Mini from $55.00 to $57.00 and gave the company an “overweight” rating in a research note on Wednesday, February 21st. Stifel Nicolaus lowered their price objective on shares of WillScot Mobile Mini from $58.00 to $50.00 and set a “buy” rating for the company in a research note on Thursday, April 4th. Finally, Robert W. Baird lowered their price objective on shares of WillScot Mobile Mini from $55.00 to $45.00 and set an “outperform” rating for the company in a research note on Monday. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, WillScot Mobile Mini has an average rating of “Moderate Buy” and a consensus price target of $51.13.

Insider Activity at WillScot Mobile Mini

In related news, CEO Bradley Lee Soultz acquired 5,000 shares of the business’s stock in a transaction on Monday, March 4th. The shares were bought at an average price of $47.76 per share, with a total value of $238,800.00. Following the completion of the acquisition, the chief executive officer now owns 13,869 shares in the company, valued at $662,383.44. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other WillScot Mobile Mini news, Director Jeffrey Sagansky sold 75,000 shares of the firm’s stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $47.50, for a total transaction of $3,562,500.00. Following the sale, the director now owns 2,420,905 shares of the company’s stock, valued at $114,992,987.50. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Bradley Lee Soultz acquired 5,000 shares of the business’s stock in a transaction on Monday, March 4th. The shares were bought at an average cost of $47.76 per share, for a total transaction of $238,800.00. Following the acquisition, the chief executive officer now owns 13,869 shares of the company’s stock, valued at approximately $662,383.44. The disclosure for this purchase can be found here. 3.10% of the stock is owned by corporate insiders.

WillScot Mobile Mini Stock Up 1.1 %

Shares of NASDAQ:WSC opened at $38.19 on Thursday. The firm’s 50 day moving average price is $45.05 and its 200 day moving average price is $43.26. The stock has a market cap of $7.25 billion, a price-to-earnings ratio of 16.39, a price-to-earnings-growth ratio of 0.89 and a beta of 1.34. WillScot Mobile Mini Holdings Corp. has a fifty-two week low of $34.40 and a fifty-two week high of $52.16. The company has a quick ratio of 0.93, a current ratio of 1.01 and a debt-to-equity ratio of 2.81.

WillScot Mobile Mini (NASDAQ:WSC) last issued its earnings results on Tuesday, February 20th. The company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.09). The firm had revenue of $612.38 million during the quarter, compared to analyst estimates of $619.63 million. WillScot Mobile Mini had a net margin of 20.15% and a return on equity of 24.52%. The firm’s revenue was down .5% compared to the same quarter last year. During the same period last year, the business earned $0.46 EPS. As a group, equities research analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.98 earnings per share for the current fiscal year.

WillScot Mobile Mini Company Profile

WillScot Mobile Mini Holdings Corp. 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.