Charles Schwab Investment Management Inc. Has $57.65 Million Stock Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Charles Schwab Investment Management Inc. grew its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 2.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,533,170 shares of the company's stock after buying an additional 43,747 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.83% of WillScot Mobile Mini worth $57,647,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in WSC. Baupost Group LLC MA bought a new position in WillScot Mobile Mini during the second quarter valued at about $92,971,000. William Blair Investment Management LLC increased its holdings in shares of WillScot Mobile Mini by 102.9% during the 2nd quarter. William Blair Investment Management LLC now owns 4,643,901 shares of the company's stock valued at $174,796,000 after acquiring an additional 2,355,445 shares during the last quarter. Swedbank AB raised its stake in shares of 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 acquiring an additional 2,246,000 shares in the last quarter. Nippon Life Global Investors Americas Inc. acquired a new stake in WillScot Mobile Mini in the 2nd quarter worth approximately $23,394,000. Finally, Dimensional Fund Advisors LP boosted its position in WillScot Mobile Mini by 18.8% during the second quarter. Dimensional Fund Advisors LP now owns 2,596,990 shares of the company's stock worth $97,755,000 after purchasing an additional 411,808 shares during the period. Institutional investors and hedge funds own 95.81% of the company's stock.

WillScot Mobile Mini Price Performance

Shares of NASDAQ WSC traded up $0.05 during mid-day trading on Friday, hitting $38.24. 758,684 shares of the stock were exchanged, compared to its average volume of 3,694,637. The company has a market cap of $7.07 billion, a P/E ratio of 347.67, a PEG ratio of 2.31 and a beta of 1.37. 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 twelve month low of $32.71 and a twelve month high of $52.16. The stock's fifty day simple moving average is $37.51 and its two-hundred day simple moving average is $38.09.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last announced 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). The business had revenue of $601.43 million during the quarter, compared to analyst estimates of $617.83 million. WillScot Mobile Mini had a net margin of 1.05% and a return on equity of 23.97%. The business's quarterly revenue was down .6% compared to the same quarter last year. During the same quarter last year, the business posted $0.46 earnings per share. As a group, analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have weighed in on WSC. DA Davidson cut their target price on shares of 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. Baird R W downgraded WillScot Mobile Mini from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 24th. Oppenheimer dropped their price target on WillScot Mobile Mini from $53.00 to $46.00 and set an "outperform" rating on the stock in a research report on Friday, August 2nd. Barclays cut their price target on WillScot Mobile Mini from $44.00 to $40.00 and set an "equal weight" rating for the company in a report on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of WillScot Mobile Mini from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $46.00 to $35.00 in a research note on Thursday, October 31st. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $45.00.

Insider Buying and Selling at WillScot Mobile Mini

In other news, EVP Hezron T. Lopez sold 20,000 shares of the stock in a transaction 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 owns 57,918 shares of the company's stock, valued at $2,280,810.84. This represents a 25.67 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Sally J. Shanks sold 14,059 shares of WillScot Mobile Mini stock in a transaction on Monday, November 18th. The stock was 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 of the company's stock, valued at approximately $905,859.97. This trade represents a 35.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have bought 20,000 shares of company stock worth $728,750. Insiders own 3.30% of the company's stock.

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.