Bridgewater Associates LP Has $1.83 Million Stock Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Bridgewater Associates LP cut its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 58.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 48,554 shares of the company's stock after selling 69,297 shares during the quarter. Bridgewater Associates LP's holdings in WillScot Mobile Mini were worth $1,826,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. The Manufacturers Life Insurance Company lifted its holdings in shares of WillScot Mobile Mini by 9.6% during the third quarter. The Manufacturers Life Insurance Company now owns 47,437 shares of the company's stock worth $1,784,000 after buying an additional 4,140 shares during the last quarter. Douglass Winthrop Advisors LLC boosted its holdings in WillScot Mobile Mini by 32.4% in the 3rd quarter. Douglass Winthrop Advisors LLC now owns 165,143 shares of the company's stock valued at $6,209,000 after purchasing an additional 40,393 shares during the period. Fisher Asset Management LLC grew its position in WillScot Mobile Mini by 58.3% in the 3rd quarter. Fisher Asset Management LLC now owns 1,043,055 shares of the company's stock worth $39,219,000 after purchasing an additional 384,270 shares during the last quarter. Swedbank AB increased its holdings in shares of WillScot Mobile Mini by 229.2% during the 3rd quarter. Swedbank AB now owns 3,226,000 shares of the company's stock worth $121,298,000 after purchasing an additional 2,246,000 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in shares of WillScot Mobile Mini by 2.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,533,170 shares of the company's stock valued at $57,647,000 after buying an additional 43,747 shares during the last quarter. Institutional investors own 95.81% of the company's stock.

Insider Buying and Selling

In other news, CAO Sally J. Shanks sold 14,059 shares of WillScot Mobile Mini stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $34.69, for a total value of $487,706.71. Following the sale, the chief accounting officer now directly owns 26,113 shares in the company, valued at $905,859.97. This trade represents a 35.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Hezron T. Lopez sold 20,000 shares of the firm's 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 directly owns 57,918 shares of the company's stock, valued at approximately $2,280,810.84. This trade represents a 25.67 % decrease in their position. The disclosure for this sale can be found here. Insiders have bought 20,000 shares of company stock valued at $728,750 in the last 90 days. 3.30% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on WSC shares. DA Davidson decreased their target price on WillScot Mobile Mini from $54.00 to $47.00 and set a "buy" rating on the stock in a research report on Monday, August 5th. Deutsche Bank Aktiengesellschaft lowered WillScot Mobile Mini from a "buy" rating to a "hold" rating and decreased their price objective for the stock from $46.00 to $35.00 in a report on Thursday, October 31st. Barclays cut their target price on WillScot Mobile Mini from $44.00 to $40.00 and set an "equal weight" rating for the company in a research note on Friday, November 1st. Baird R W lowered shares of WillScot Mobile Mini from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 24th. Finally, Robert W. Baird cut their price target 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. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $45.00.

WillScot Mobile Mini Price Performance

Shares of WSC traded up $0.05 during mid-day trading on Friday, hitting $38.24. 758,684 shares of the company traded hands, compared to its average volume of 3,694,637. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42. The stock has a market capitalization of $7.07 billion, a price-to-earnings ratio of 347.67, a PEG ratio of 2.31 and a beta of 1.37. The business has a 50-day moving average of $37.51 and a 200 day moving average of $38.08. WillScot Mobile Mini Holdings Corp. has a one year low of $32.71 and a one year high of $52.16.

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

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.