Anthracite Investment Company Inc. Makes New $2.26 Million Investment in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Anthracite Investment Company Inc. bought a new position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 60,000 shares of the company's stock, valued at approximately $2,256,000.

A number of other institutional investors have also made changes to their positions in WSC. Baupost Group LLC MA bought a new position in WillScot Mobile Mini during the 2nd quarter worth $92,971,000. William Blair Investment Management LLC grew its stake in WillScot Mobile Mini by 102.9% during the second quarter. William Blair Investment Management LLC now owns 4,643,901 shares of the company's stock worth $174,796,000 after buying an additional 2,355,445 shares in the last quarter. Swedbank AB increased its holdings in WillScot Mobile Mini by 229.2% in the 3rd quarter. Swedbank AB now owns 3,226,000 shares of the company's stock valued at $121,298,000 after buying an additional 2,246,000 shares during the period. Boston Partners raised its position in shares of WillScot Mobile Mini by 66.0% in the 1st quarter. Boston Partners now owns 5,434,288 shares of the company's stock valued at $251,118,000 after buying an additional 2,159,958 shares in the last quarter. Finally, Capital Research Global Investors raised its position in shares of WillScot Mobile Mini by 112.0% in the 1st quarter. Capital Research Global Investors now owns 3,906,011 shares of the company's stock valued at $181,630,000 after buying an additional 2,063,746 shares in the last quarter. 95.81% of the stock is owned by institutional investors and hedge funds.

WillScot Mobile Mini Trading Down 0.6 %

Shares of NASDAQ WSC traded down $0.21 during trading on Wednesday, reaching $34.93. The company had a trading volume of 1,612,022 shares, compared to its average volume of 2,294,216. The stock has a market cap of $6.45 billion, a P/E ratio of 319.48, a PEG ratio of 2.13 and a beta of 1.37. The company's fifty day moving average price is $37.82 and its 200-day moving average price is $38.19. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42. WillScot Mobile Mini Holdings Corp. has a 12 month low of $32.71 and a 12 month high of $52.16.

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

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on WSC. DA Davidson decreased their price objective on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a "buy" rating on the stock in a research note on Monday, August 5th. Robert W. Baird dropped their target price on shares of WillScot Mobile Mini from $42.00 to $38.00 and set a "neutral" rating for the company in a report on Thursday, October 31st. Bank of America lowered their price objective on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a "buy" rating for the company in a research report on Friday, August 2nd. Stifel Nicolaus cut their target price on shares of WillScot Mobile Mini from $48.00 to $46.00 and set a "buy" rating on the stock in a research report on Friday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of WillScot Mobile Mini from a "buy" rating to a "hold" rating and lowered their price target for the stock from $46.00 to $35.00 in a report on Thursday, October 31st. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $45.00.

Insider Buying and Selling

In other news, CAO Sally J. Shanks sold 14,059 shares of the stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $34.69, for a total transaction of $487,706.71. Following the transaction, the chief accounting officer now owns 26,113 shares of the company's stock, valued at $905,859.97. This represents a 35.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Hezron T. Lopez sold 20,000 shares of the company's stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $39.38, for a total value of $787,600.00. Following the transaction, the executive vice president now directly owns 57,918 shares in the company, valued at approximately $2,280,810.84. This trade represents a 25.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders bought 20,000 shares of company stock valued at $728,750 over the last quarter. Insiders own 3.30% of the company's stock.

About WillScot Mobile Mini

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.