Amalgamated Bank Sells 16,040 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Amalgamated Bank cut its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 60.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,637 shares of the company's stock after selling 16,040 shares during the quarter. Amalgamated Bank's holdings in WillScot Mobile Mini were worth $400,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. V Square Quantitative Management LLC acquired a new stake in WillScot Mobile Mini in the third quarter valued at approximately $25,000. Hexagon Capital Partners LLC boosted its holdings in WillScot Mobile Mini by 200.0% in the third quarter. Hexagon Capital Partners LLC now owns 900 shares of the company's stock worth $34,000 after purchasing an additional 600 shares in the last quarter. Financial Management Professionals Inc. acquired a new position in shares of WillScot Mobile Mini during the 3rd quarter valued at about $36,000. Summit Securities Group LLC bought a new position in shares of WillScot Mobile Mini in the second quarter valued at approximately $56,000. Finally, CWM LLC raised its holdings in WillScot Mobile Mini by 80.3% in the 2nd quarter. CWM LLC now owns 1,635 shares of the company's stock worth $62,000 after acquiring an additional 728 shares during the period. 95.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at WillScot Mobile Mini

In related news, EVP Hezron T. Lopez sold 20,000 shares of the stock in a transaction on Friday, November 8th. The shares were sold at an average price of $39.38, for a total transaction of $787,600.00. Following the completion of the transaction, the executive vice president now owns 57,918 shares in the company, valued at approximately $2,280,810.84. This represents a 25.67 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Bradley Lee Soultz purchased 5,000 shares of the stock in a transaction on Monday, November 4th. The stock was acquired at an average price of $36.38 per share, for a total transaction of $181,900.00. Following the completion of the purchase, the chief executive officer now directly owns 144,686 shares in the company, valued at approximately $5,263,676.68. The trade was a 3.58 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought 15,000 shares of company stock valued at $553,800 in the last 90 days. 3.30% of the stock is currently owned by company insiders.

WillScot Mobile Mini Stock Down 1.7 %

WSC stock traded down $0.60 during mid-day trading on Friday, hitting $34.38. 3,801,793 shares of the company were exchanged, compared to its average volume of 4,391,353. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.82 and a current ratio of 0.90. WillScot Mobile Mini Holdings Corp. has a 1-year low of $32.71 and a 1-year high of $52.16. The firm's 50 day simple moving average is $37.90 and its 200 day simple moving average is $38.21. The firm has a market cap of $6.35 billion, a P/E ratio of 312.57, a P/E/G ratio of 2.08 and a beta of 1.37.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.38 EPS for the quarter, missing analysts' consensus estimates of $0.48 by ($0.10). The company had revenue of $601.43 million for the quarter, compared to analyst estimates of $617.83 million. WillScot Mobile Mini had a return on equity of 23.97% and a net margin of 1.05%. The company's revenue was down .6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.46 earnings per share. On average, sell-side analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on WSC. Deutsche Bank Aktiengesellschaft downgraded shares of WillScot Mobile Mini from a "buy" rating to a "hold" rating and reduced their price target for the company from $46.00 to $35.00 in a report on Thursday, October 31st. Baird R W cut WillScot Mobile Mini from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 24th. Robert W. Baird decreased their price target on shares of WillScot Mobile Mini from $42.00 to $38.00 and set a "neutral" rating on the stock in a research note on Thursday, October 31st. DA Davidson dropped their target price on WillScot Mobile Mini from $54.00 to $47.00 and set a "buy" rating for the company in a research report on Monday, August 5th. Finally, Oppenheimer cut their price target on WillScot Mobile Mini from $53.00 to $46.00 and set an "outperform" rating on the stock in a research note on Friday, August 2nd. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, WillScot Mobile Mini currently has an average rating of "Hold" and an average target price of $45.00.

WillScot Mobile Mini Profile

WillScot Holdings Corporation 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.