Douglass Winthrop Advisors LLC Acquires 40,393 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Douglass Winthrop Advisors LLC raised its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 32.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 165,143 shares of the company's stock after acquiring an additional 40,393 shares during the quarter. Douglass Winthrop Advisors LLC owned about 0.09% of WillScot Mobile Mini worth $6,209,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. V Square Quantitative Management LLC bought a new stake in WillScot Mobile Mini during the 3rd quarter valued at $25,000. Hexagon Capital Partners LLC increased its holdings 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 worth $34,000 after purchasing an additional 600 shares during the period. Financial Management Professionals Inc. bought a new position in shares of WillScot Mobile Mini in the third quarter worth $36,000. Summit Securities Group LLC bought a new position in shares of WillScot Mobile Mini in the second quarter worth $56,000. Finally, CWM LLC increased its holdings in shares of WillScot Mobile Mini by 80.3% in the second quarter. CWM LLC now owns 1,635 shares of the company's stock worth $62,000 after purchasing an additional 728 shares during the period. Institutional investors own 95.81% of the company's stock.

Insider Activity

In other news, CAO Sally J. Shanks sold 14,059 shares of the company's 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 completion of the transaction, the chief accounting officer now directly owns 26,113 shares of the company's stock, valued at approximately $905,859.97. This represents a 35.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Bradley Lee Soultz acquired 5,000 shares of the stock in a transaction dated Wednesday, September 18th. The shares were purchased at an average cost of $38.97 per share, with a total value of $194,850.00. Following the completion of the purchase, the chief executive officer now owns 149,686 shares of the company's stock, valued at approximately $5,833,263.42. The trade was a 3.46 % increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 20,000 shares of company stock valued at $728,750. Insiders own 3.30% of the company's stock.

Analysts Set New Price Targets

WSC has been the topic of several research analyst reports. Barclays decreased their price target on shares of WillScot Mobile Mini from $44.00 to $40.00 and set an "equal weight" rating on the stock in a report on Friday, November 1st. Baird R W cut shares of WillScot Mobile Mini from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 24th. 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. Bank of America cut their target price 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. Finally, Stifel Nicolaus cut their target price on shares of WillScot Mobile Mini from $48.00 to $46.00 and set a "buy" rating for the company in a research report on Friday, August 2nd. Six analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, WillScot Mobile Mini currently has an average rating of "Hold" and an average price target of $45.00.

WillScot Mobile Mini Trading Up 6.7 %

NASDAQ WSC traded up $2.42 during trading on Monday, hitting $38.72. 4,195,022 shares of the company's stock traded hands, compared to its average volume of 2,300,365. The stock has a fifty day moving average of $37.61 and a two-hundred day moving average of $38.11. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82. WillScot Mobile Mini Holdings Corp. has a 12-month low of $32.71 and a 12-month high of $52.16. The firm has a market cap of $7.15 billion, a P/E ratio of 351.99, a PEG ratio of 2.19 and a beta of 1.37.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last posted its quarterly earnings results on Wednesday, October 30th. The company reported $0.38 earnings per share (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 business had revenue of $601.43 million for the quarter, compared to analysts' expectations of $617.83 million. During the same quarter in the previous year, the company earned $0.46 earnings per share. The business's quarterly revenue was down .6% on a year-over-year basis. As a group, sell-side analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current 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.