Quest Partners LLC Makes New $104,000 Investment in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Quest Partners LLC bought a new stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSCFree Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 2,344 shares of the company’s stock, valued at approximately $104,000.

A number of other large investors have also recently made changes to their positions in the company. Trexquant Investment LP acquired a new stake in shares of WillScot Mobile Mini in the 4th quarter worth $9,322,000. D.A. Davidson & CO. raised its stake in WillScot Mobile Mini by 88.9% during the fourth quarter. D.A. Davidson & CO. now owns 35,693 shares of the company’s stock worth $1,588,000 after purchasing an additional 16,802 shares during the period. Clearbridge Investments LLC raised its position in shares of WillScot Mobile Mini by 3.5% in the 4th quarter. Clearbridge Investments LLC now owns 5,807,486 shares of the company’s stock worth $258,433,000 after buying an additional 198,098 shares during the period. Coldstream Capital Management Inc. lifted its stake in shares of WillScot Mobile Mini by 9.7% in the 4th quarter. Coldstream Capital Management Inc. now owns 5,679 shares of the company’s stock valued at $253,000 after purchasing an additional 502 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in WillScot Mobile Mini by 10.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 56,417 shares of the company’s stock valued at $2,511,000 after buying an additional 5,205 shares in the last quarter. 95.81% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at WillScot Mobile Mini

In related news, CEO Bradley Lee Soultz acquired 5,000 shares of the stock in a transaction that occurred on Monday, March 4th. The shares were acquired at an average price of $47.76 per share, for a total transaction of $238,800.00. Following the completion of the purchase, the chief executive officer now directly owns 13,869 shares of the company’s stock, valued at $662,383.44. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other WillScot Mobile Mini news, CEO Bradley Lee Soultz bought 5,000 shares of WillScot Mobile Mini stock in a transaction that occurred on Monday, March 4th. The stock was purchased at an average cost of $47.76 per share, for a total transaction of $238,800.00. Following the completion of the acquisition, the chief executive officer now owns 13,869 shares of the company’s stock, valued at approximately $662,383.44. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jeffrey Sagansky sold 75,000 shares of the firm’s stock in a transaction that occurred on Friday, March 8th. The stock was 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 disclosure for this sale can be found here. 3.30% of the stock is owned by company insiders.

WillScot Mobile Mini Trading Down 0.8 %

Shares of NASDAQ WSC opened at $38.96 on Wednesday. WillScot Mobile Mini Holdings Corp. has a 12-month low of $34.40 and a 12-month high of $52.16. The company has a current ratio of 0.97, a quick ratio of 0.89 and a debt-to-equity ratio of 2.63. The stock’s 50 day simple moving average is $41.07 and its 200 day simple moving average is $43.33. The company has a market cap of $7.41 billion, a price-to-earnings ratio of 24.05, a price-to-earnings-growth ratio of 1.10 and a beta of 1.36.

WillScot Mobile Mini (NASDAQ:WSCGet Free Report) last posted its earnings results on Thursday, May 2nd. The company reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.04). WillScot Mobile Mini had a net margin of 13.48% and a return on equity of 24.14%. The firm had revenue of $587.18 million for the quarter, compared to analyst estimates of $579.98 million. During the same period in the previous year, the firm earned $0.36 earnings per share. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. Equities research analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.89 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Robert W. Baird reduced their price objective on WillScot Mobile Mini from $55.00 to $45.00 and set an “outperform” rating on the stock in a research note on Monday, April 22nd. Wells Fargo & Company increased their price target on WillScot Mobile Mini from $55.00 to $57.00 and gave the company an “overweight” rating in a report on Wednesday, February 21st. Oppenheimer reissued an “outperform” rating and issued a $53.00 price target (down previously from $60.00) on shares of WillScot Mobile Mini in a report on Monday, May 6th. DA Davidson reduced their price target on WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating for the company in a report on Tuesday, May 7th. Finally, Stifel Nicolaus reduced their price target on WillScot Mobile Mini from $58.00 to $50.00 and set a “buy” rating for the company in a report on Thursday, April 4th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, WillScot Mobile Mini currently has an average rating of “Moderate Buy” and a consensus target price of $51.00.

Read Our Latest Stock Analysis on WSC

About WillScot Mobile Mini

(Free Report)

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.

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Institutional Ownership by Quarter for WillScot Mobile Mini (NASDAQ:WSC)

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