Lecap Asset Management Ltd. Sells 30,676 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Lecap Asset Management Ltd. lessened its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 67.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,517 shares of the company's stock after selling 30,676 shares during the quarter. Lecap Asset Management Ltd.'s holdings in WillScot Mobile Mini were worth $546,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. V Square Quantitative Management LLC acquired a new position in shares of WillScot Mobile Mini in the third quarter valued at approximately $25,000. Hexagon Capital Partners LLC grew 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 valued at $34,000 after purchasing an additional 600 shares during the last quarter. Fidelis Capital Partners LLC acquired a new position in shares of WillScot Mobile Mini in the first quarter valued at approximately $55,000. Summit Securities Group LLC acquired a new position in shares of WillScot Mobile Mini in the second quarter valued at approximately $56,000. Finally, CWM LLC grew its position 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 valued at $62,000 after purchasing an additional 728 shares during the last quarter. Institutional investors and hedge funds own 95.81% of the company's stock.

Insider Activity

In other news, CEO Bradley Lee Soultz bought 5,000 shares of WillScot Mobile Mini stock in a transaction dated Wednesday, September 18th. The stock was bought at an average cost of $38.97 per share, for a total transaction of $194,850.00. Following the purchase, the chief executive officer now directly owns 149,686 shares in the company, valued at approximately $5,833,263.42. This represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.30% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Robert W. Baird cut WillScot Mobile Mini from an "outperform" rating to a "neutral" rating and set a $42.00 price target for the company. in a research note on Thursday. Barclays cut WillScot Mobile Mini from an "overweight" rating to an "equal weight" rating and cut their price target for the company from $50.00 to $44.00 in a research note on Thursday, September 19th. Oppenheimer cut their price target on WillScot Mobile Mini from $53.00 to $46.00 and set an "outperform" rating for the company in a research note on Friday, August 2nd. Bank of America cut their price target on WillScot Mobile Mini from $56.00 to $54.00 and set a "buy" rating for the company in a research note on Friday, August 2nd. Finally, Stifel Nicolaus cut their target price on WillScot Mobile Mini from $48.00 to $46.00 and set a "buy" rating for the company in a research note on Friday, August 2nd. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, WillScot Mobile Mini has an average rating of "Moderate Buy" and a consensus price target of $47.60.

WillScot Mobile Mini Trading Up 3.7 %

NASDAQ WSC traded up $1.40 on Friday, reaching $38.97. The company had a trading volume of 3,677,459 shares, compared to its average volume of 2,080,706. The firm has a market cap of $7.41 billion, a price-to-earnings ratio of 24.41, a P/E/G ratio of 1.23 and a beta of 1.35. WillScot Mobile Mini Holdings Corp. has a fifty-two week low of $33.23 and a fifty-two week high of $52.16. The business has a 50 day moving average of $37.91 and a two-hundred day moving average of $38.44. The company has a debt-to-equity ratio of 2.88, a current ratio of 0.91 and a quick ratio of 0.83.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.39 earnings per share for the quarter, missing analysts' consensus estimates 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 business had revenue of $604.59 million for the quarter, compared to analyst estimates of $614.85 million. During the same quarter in the previous year, the business posted $0.43 earnings per share. The business's revenue was up 3.9% on a year-over-year basis. Analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.76 EPS for the current year.

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.