Compound Global Advisors LLC Makes New $736,000 Investment in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Compound Global Advisors LLC bought a new stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 22,000 shares of the company's stock, valued at approximately $736,000. WillScot Mobile Mini makes up 3.0% of Compound Global Advisors LLC's investment portfolio, making the stock its 12th largest holding.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Carnegie Lake Advisors LLC increased its stake in WillScot Mobile Mini by 0.5% during the fourth quarter. Carnegie Lake Advisors LLC now owns 54,580 shares of the company's stock worth $1,826,000 after acquiring an additional 280 shares during the last quarter. Equitable Trust Co. purchased a new stake in shares of WillScot Mobile Mini in the fourth quarter valued at approximately $295,000. Stephens Inc. AR boosted its holdings in shares of WillScot Mobile Mini by 23.0% in the fourth quarter. Stephens Inc. AR now owns 6,544 shares of the company's stock valued at $219,000 after purchasing an additional 1,222 shares during the period. Lecap Asset Management Ltd. boosted its holdings in shares of WillScot Mobile Mini by 9.9% in the fourth quarter. Lecap Asset Management Ltd. now owns 15,960 shares of the company's stock valued at $534,000 after purchasing an additional 1,443 shares during the period. Finally, Buck Wealth Strategies LLC raised its stake in WillScot Mobile Mini by 39.6% in the fourth quarter. Buck Wealth Strategies LLC now owns 107,307 shares of the company's stock worth $3,589,000 after buying an additional 30,450 shares in the last quarter. 95.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Insider Activity

In related news, CAO Sally J. Shanks sold 14,059 shares of the business's stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $34.69, for a total transaction of $487,706.71. Following the sale, the chief accounting officer now owns 26,113 shares of the company's stock, valued at $905,859.97. The trade was a 35.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gerard E. Holthaus bought 5,000 shares of the company's stock in a transaction that occurred on Tuesday, November 19th. The shares were purchased at an average cost of $34.99 per share, for a total transaction of $174,950.00. Following the acquisition, the director now owns 411,221 shares of the company's stock, valued at $14,388,622.79. This represents a 1.23 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 3.30% of the company's stock.

WillScot Mobile Mini Stock Down 0.7 %

NASDAQ:WSC traded down $0.25 during mid-day trading on Friday, reaching $38.02. The stock had a trading volume of 1,314,848 shares, compared to its average volume of 2,104,608. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82. The stock's 50 day simple moving average is $35.86 and its two-hundred day simple moving average is $36.97. WillScot Mobile Mini Holdings Corp. has a 1-year low of $32.57 and a 1-year high of $50.81. The company has a market capitalization of $7.02 billion, a price-to-earnings ratio of 345.67, a price-to-earnings-growth ratio of 1.93 and a beta of 1.41.

WillScot Mobile Mini Company 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.