WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Purchased by Generate Investment Management Ltd

Generate Investment Management Ltd boosted its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 23.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,091,371 shares of the company's stock after buying an additional 205,723 shares during the quarter. WillScot Mobile Mini accounts for 2.7% of Generate Investment Management Ltd's investment portfolio, making the stock its 7th largest position. Generate Investment Management Ltd owned approximately 0.57% of WillScot Mobile Mini worth $41,036,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. V Square Quantitative Management LLC acquired a new position in shares of WillScot Mobile Mini during the third quarter worth about $25,000. Hexagon Capital Partners LLC raised its holdings in shares of WillScot Mobile Mini by 200.0% in the 3rd quarter. Hexagon Capital Partners LLC now owns 900 shares of the company's stock valued at $34,000 after purchasing an additional 600 shares in the last quarter. Fidelis Capital Partners LLC acquired a new position in shares of WillScot Mobile Mini during the first quarter worth $55,000. Summit Securities Group LLC purchased a new position in WillScot Mobile Mini in the second quarter valued at $56,000. Finally, CWM LLC lifted its holdings in WillScot Mobile Mini by 80.3% during the 2nd quarter. CWM LLC now owns 1,635 shares of the company's stock worth $62,000 after buying an additional 728 shares during the last quarter. Hedge funds and other institutional investors own 95.81% of the company's stock.

WillScot Mobile Mini Price Performance

Shares of NASDAQ WSC traded up $0.64 during midday trading on Friday, hitting $37.33. The company had a trading volume of 2,494,078 shares, compared to its average volume of 2,071,728. The firm has a market capitalization of $7.10 billion, a price-to-earnings ratio of 23.04, a price-to-earnings-growth ratio of 1.17 and a beta of 1.35. WillScot Mobile Mini Holdings Corp. has a twelve month low of $33.23 and a twelve month high of $52.16. The business has a 50-day simple moving average of $37.69 and a two-hundred day simple moving average of $38.58. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 2.88.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.01). WillScot Mobile Mini had a return on equity of 24.27% and a net margin of 7.77%. The firm had revenue of $604.59 million for the quarter, compared to analyst estimates of $614.85 million. During the same period in the prior year, the firm posted $0.43 earnings per share. The business's revenue for the quarter was up 3.9% compared to the same quarter last year. Equities research analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.76 earnings per share for the current year.

Insider Activity at WillScot Mobile Mini

In related news, CEO Bradley Lee Soultz acquired 5,000 shares of the firm's stock in a transaction that occurred on Wednesday, September 18th. The shares were acquired at an average price of $38.97 per share, with a total value of $194,850.00. Following the completion of the purchase, the chief executive officer now directly owns 149,686 shares in the company, valued at approximately $5,833,263.42. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

WSC has been the topic of a number of research analyst reports. DA Davidson cut their price objective on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a "buy" rating on the stock in a report on Monday, August 5th. Barclays lowered WillScot Mobile Mini from an "overweight" rating to an "equal weight" rating and dropped their price objective for the stock from $50.00 to $44.00 in a report on Thursday, September 19th. Oppenheimer reduced their target price on WillScot Mobile Mini from $53.00 to $46.00 and set an "outperform" rating for the company in a report on Friday, August 2nd. Stifel Nicolaus cut their price target on WillScot Mobile Mini from $48.00 to $46.00 and set a "buy" rating on the stock in a research report on Friday, August 2nd. Finally, Bank of America decreased their price objective on WillScot Mobile Mini from $56.00 to $54.00 and set a "buy" rating for the company in a report on Friday, August 2nd. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $47.90.

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.