15,000 Shares in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Bought by Cannon Global Investment Management LLC

Cannon Global Investment Management LLC purchased a new stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 15,000 shares of the company's stock, valued at approximately $564,000. WillScot Mobile Mini accounts for about 0.9% of Cannon Global Investment Management LLC's investment portfolio, making the stock its 29th largest holding.

Several other institutional investors have also recently made changes to their positions in WSC. V Square Quantitative Management LLC purchased a new stake in shares of WillScot Mobile Mini during the 3rd quarter valued at $25,000. Hexagon Capital Partners LLC raised its holdings in shares of WillScot Mobile Mini by 200.0% during the 3rd quarter. Hexagon Capital Partners LLC now owns 900 shares of the company's stock valued at $34,000 after buying an additional 600 shares in the last quarter. Financial Management Professionals Inc. purchased a new stake in WillScot Mobile Mini in the third quarter worth approximately $36,000. Fidelis Capital Partners LLC bought a new stake in shares of WillScot Mobile Mini in the 1st quarter worth approximately $55,000. Finally, Summit Securities Group LLC bought a new stake in shares of WillScot Mobile Mini in the 2nd quarter worth approximately $56,000. Institutional investors own 95.81% of the company's stock.

WillScot Mobile Mini Stock Up 10.3 %

WillScot Mobile Mini stock traded up $3.40 during trading hours on Friday, hitting $36.54. 8,952,897 shares of the stock traded hands, compared to its average volume of 3,026,656. WillScot Mobile Mini Holdings Corp. has a one year low of $32.71 and a one year high of $52.16. The firm's 50-day moving average price is $37.97 and its two-hundred day moving average price is $38.25. The company has a current ratio of 0.90, a quick ratio of 0.83 and a debt-to-equity ratio of 3.42. The company has a market cap of $6.89 billion, a PE ratio of 332.21, a PEG ratio of 1.08 and a beta of 1.37.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last announced its earnings results on Wednesday, October 30th. The company reported $0.38 EPS for the quarter, missing analysts' consensus estimates of $0.48 by ($0.10). The business had revenue of $601.43 million for the quarter, compared to the consensus estimate of $617.83 million. WillScot Mobile Mini had a net margin of 1.05% and a return on equity of 23.97%. The business's quarterly revenue was down .6% on a year-over-year basis. During the same quarter last year, the firm posted $0.46 EPS. On average, research analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.73 EPS for the current year.

Insider Activity

In other news, CEO Bradley Lee Soultz acquired 5,000 shares of WillScot Mobile Mini stock in a transaction on Wednesday, September 18th. The stock was acquired 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 owns 149,686 shares in the company, valued at $5,833,263.42. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.30% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on WSC shares. Baird R W lowered WillScot Mobile Mini from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 24th. Stifel Nicolaus lowered their price objective on 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. Oppenheimer cut their target price on shares of WillScot Mobile Mini from $53.00 to $46.00 and set an "outperform" rating on the stock in a report on Friday, August 2nd. Barclays decreased their target price on shares of WillScot Mobile Mini from $44.00 to $40.00 and set an "equal weight" rating on the stock in a research note on Friday. Finally, Deutsche Bank Aktiengesellschaft cut shares of WillScot Mobile Mini from a "buy" rating to a "hold" rating and dropped their price target for the company from $46.00 to $35.00 in a research report on Thursday. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, WillScot Mobile Mini currently has a consensus rating of "Hold" and a consensus price target of $45.00.

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.