UBS Group AG Has $7.86 Million Position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

UBS Group AG lowered its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSCFree Report) by 19.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 176,624 shares of the company’s stock after selling 42,094 shares during the quarter. UBS Group AG owned approximately 0.09% of WillScot Mobile Mini worth $7,860,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Bourgeon Capital Management LLC lifted its stake in WillScot Mobile Mini by 1,063.6% in the fourth quarter. Bourgeon Capital Management LLC now owns 640 shares of the company’s stock valued at $28,000 after acquiring an additional 585 shares during the last quarter. Principal Securities Inc. bought a new position in shares of WillScot Mobile Mini in the fourth quarter valued at about $71,000. PFG Advisors bought a new position in shares of WillScot Mobile Mini in the fourth quarter valued at about $206,000. Cumberland Partners Ltd bought a new position in shares of WillScot Mobile Mini in the fourth quarter valued at about $222,000. Finally, Vanguard Personalized Indexing Management LLC raised its position in shares of WillScot Mobile Mini by 8.2% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 5,574 shares of the company’s stock valued at $232,000 after purchasing an additional 422 shares during the period. Institutional investors and hedge funds own 95.81% of the company’s stock.

WillScot Mobile Mini Price Performance

WSC stock opened at $38.33 on Wednesday. The company has a quick ratio of 0.89, a current ratio of 0.97 and a debt-to-equity ratio of 2.63. WillScot Mobile Mini Holdings Corp. has a 12 month low of $34.40 and a 12 month high of $52.16. The firm has a market cap of $7.29 billion, a P/E ratio of 23.66, a P/E/G ratio of 1.11 and a beta of 1.40. The company’s 50-day moving average price is $40.37 and its two-hundred day moving average price is $43.34.

WillScot Mobile Mini (NASDAQ:WSCGet Free Report) last released its earnings results on Thursday, May 2nd. The company reported $0.29 EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $579.98 million. During the same period in the prior year, the business earned $0.36 earnings per share. WillScot Mobile Mini’s quarterly revenue was up 3.8% compared to the same quarter last year. On average, analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.89 earnings per share for the current fiscal year.

Insider Activity

In other 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 value of $3,562,500.00. Following the sale, the director now directly owns 2,420,905 shares in the company, valued at approximately $114,992,987.50. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other 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 value of $3,562,500.00. Following the sale, the director now directly owns 2,420,905 shares in the company, valued at approximately $114,992,987.50. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Bradley Lee Soultz purchased 5,000 shares of WillScot Mobile Mini stock in a transaction dated Tuesday, May 7th. The stock was bought at an average price of $38.44 per share, for a total transaction of $192,200.00. Following the completion of the purchase, the chief executive officer now owns 157,771 shares in the company, valued at approximately $6,064,717.24. The disclosure for this purchase can be found here. 3.30% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

WSC has been the topic of several research analyst reports. Stifel Nicolaus dropped their price objective on shares of WillScot Mobile Mini from $58.00 to $50.00 and set a “buy” rating on the stock in a research report on Thursday, April 4th. Barclays increased their price objective on shares of WillScot Mobile Mini from $50.00 to $60.00 and gave the company an “overweight” rating in a research report on Wednesday, February 28th. DA Davidson lowered their price target on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating on the stock in a research report on Tuesday, May 7th. Jefferies Financial Group lowered shares of WillScot Mobile Mini from a “buy” rating to a “hold” rating and lowered their price target for the stock from $58.00 to $42.00 in a research report on Monday, April 1st. Finally, Robert W. Baird lowered their price target on shares of WillScot Mobile Mini from $55.00 to $45.00 and set an “outperform” rating on the stock in a research report on Monday, April 22nd. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.00.

Check Out Our Latest Stock Analysis on WillScot Mobile Mini

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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