Generate Investment Management Ltd Sells 448,965 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Generate Investment Management Ltd decreased its holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 41.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 642,406 shares of the company's stock after selling 448,965 shares during the period. WillScot Mobile Mini comprises 1.5% of Generate Investment Management Ltd's portfolio, making the stock its 21st largest holding. Generate Investment Management Ltd owned about 0.35% of WillScot Mobile Mini worth $21,488,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. V Square Quantitative Management LLC bought a new stake in WillScot Mobile Mini in the third quarter worth approximately $25,000. Hexagon Capital Partners LLC lifted 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 worth $34,000 after buying an additional 600 shares during the last quarter. Financial Management Professionals Inc. bought a new stake in shares of WillScot Mobile Mini during the 3rd quarter worth about $36,000. First Horizon Advisors Inc. increased its holdings in shares of 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 acquiring an additional 302 shares during the last quarter. Finally, KBC Group NV raised its stake in shares of WillScot Mobile Mini by 14.7% in the 3rd quarter. KBC Group NV now owns 5,110 shares of the company's stock valued at $192,000 after acquiring an additional 655 shares in the last quarter. 95.81% of the stock is owned by hedge funds and other institutional investors.

WillScot Mobile Mini Stock Performance

WillScot Mobile Mini stock traded up $0.08 during mid-day trading on Tuesday, hitting $37.78. 644,053 shares of the company's stock traded hands, compared to its average volume of 2,126,290. WillScot Mobile Mini Holdings Corp. has a fifty-two week low of $32.57 and a fifty-two week high of $52.16. The stock has a market cap of $6.98 billion, a price-to-earnings ratio of 343.46, a P/E/G ratio of 1.93 and a beta of 1.41. The firm has a 50 day simple moving average of $35.91 and a two-hundred day simple moving average of $36.98. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82.

Insider Activity

In related news, CEO Bradley Lee Soultz bought 5,000 shares of the business's stock in a transaction dated Thursday, November 14th. The stock was purchased at an average cost of $35.41 per share, for a total transaction of $177,050.00. Following the transaction, the chief executive officer now owns 144,686 shares in the company, valued at $5,123,331.26. The trade was a 3.58 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Graeme Parkes sold 2,900 shares of the firm's stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $37.01, for a total value of $107,329.00. Following the completion of the transaction, the insider now owns 72,818 shares in the company, valued at $2,694,994.18. The trade was a 3.83 % decrease in their position. The disclosure for this sale can be found here. 3.30% of the stock is owned by company insiders.

Analyst Ratings Changes

WSC has been the topic of several analyst reports. Baird R W downgraded WillScot Mobile Mini from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 24th. Morgan Stanley upgraded 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. Robert W. Baird dropped their price objective on 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. Barclays decreased 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. Finally, Deutsche Bank Aktiengesellschaft cut WillScot Mobile Mini from a "buy" rating to a "hold" rating and reduced their price objective 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 stock presently has an average rating of "Moderate Buy" and an average target price of $45.50.

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.