Bernzott Capital Advisors Sells 23,720 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Bernzott Capital Advisors trimmed its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 16.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 119,185 shares of the company's stock after selling 23,720 shares during the period. Bernzott Capital Advisors owned 0.06% of WillScot Mobile Mini worth $3,987,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. First Horizon Advisors Inc. raised its stake in WillScot Mobile Mini by 16.4% during the 3rd quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company's stock valued at $80,000 after purchasing an additional 302 shares during the period. Salvus Wealth Management LLC boosted its stake in shares of WillScot Mobile Mini by 1.0% during the 3rd quarter. Salvus Wealth Management LLC now owns 47,830 shares of the company's stock worth $1,798,000 after acquiring an additional 485 shares in the last quarter. Hexagon Capital Partners LLC raised its position in shares of WillScot Mobile Mini by 200.0% in the third quarter. Hexagon Capital Partners LLC now owns 900 shares of the company's stock valued at $34,000 after purchasing an additional 600 shares during the period. Vanguard Personalized Indexing Management LLC grew its position in shares of WillScot Mobile Mini by 11.1% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 6,242 shares of the company's stock valued at $228,000 after purchasing an additional 624 shares during the last quarter. Finally, KBC Group NV increased its position in WillScot Mobile Mini by 14.7% in the 3rd quarter. KBC Group NV now owns 5,110 shares of the company's stock worth $192,000 after buying an additional 655 shares during the period. Institutional investors and hedge funds own 95.81% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Robert W. Baird dropped their price objective on shares of WillScot Mobile Mini from $42.00 to $38.00 and set a "neutral" rating for the company in a research note on Thursday, October 31st. Baird R W downgraded shares of WillScot Mobile Mini from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 24th. Barclays cut their price target on WillScot Mobile Mini from $44.00 to $40.00 and set an "equal weight" rating on the stock in a research note on Friday, November 1st. Morgan Stanley raised shares of WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and lifted their target price for the stock from $40.00 to $50.00 in a report on Tuesday, December 17th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of WillScot Mobile Mini from a "buy" rating to a "hold" rating and cut their price target for the company from $46.00 to $35.00 in a research report on Thursday, October 31st. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $45.50.

WillScot Mobile Mini Stock Up 0.2 %

WSC stock traded up $0.07 during trading on Friday, reaching $36.64. 1,147,143 shares of the stock were exchanged, compared to its average volume of 2,052,504. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42. WillScot Mobile Mini Holdings Corp. has a twelve month low of $32.57 and a twelve month high of $52.16. The firm's 50 day moving average is $35.79 and its 200 day moving average is $37.20. The firm has a market cap of $6.77 billion, a P/E ratio of 333.12, a price-to-earnings-growth ratio of 1.82 and a beta of 1.40.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last released its quarterly earnings results 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 during the quarter, compared to analysts' expectations of $617.83 million. WillScot Mobile Mini had a net margin of 1.05% and a return on equity of 23.97%. The company's quarterly revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.46 earnings per share. As a group, research analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current year.

Insider Buying and Selling at WillScot Mobile Mini

In other WillScot Mobile Mini news, CEO Bradley Lee Soultz purchased 5,000 shares of WillScot Mobile Mini stock in a transaction on Monday, November 4th. The shares were acquired at an average cost of $36.38 per share, for a total transaction of $181,900.00. Following the completion of the transaction, the chief executive officer now directly owns 144,686 shares of the company's stock, valued at approximately $5,263,676.68. The trade was a 3.58 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Graeme Parkes sold 2,900 shares of WillScot Mobile Mini stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $37.01, for a total transaction of $107,329.00. Following the completion of the transaction, the insider now directly owns 72,818 shares in the company, valued at approximately $2,694,994.18. The trade was a 3.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have acquired 15,000 shares of company stock valued at $533,900 and have sold 36,959 shares valued at $1,382,636. 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.