Natixis Advisors LLC Decreases Stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Natixis Advisors LLC trimmed its holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 7.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 325,206 shares of the company's stock after selling 27,126 shares during the period. Natixis Advisors LLC owned about 0.17% of WillScot Mobile Mini worth $12,228,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in WSC. Sunbelt Securities Inc. boosted its position in shares of WillScot Mobile Mini by 15,389.0% during the second quarter. Sunbelt Securities Inc. now owns 53,747 shares of the company's stock worth $2,023,000 after acquiring an additional 53,400 shares during the last quarter. Swedbank AB boosted its holdings in shares of WillScot Mobile Mini by 15.7% during the 2nd quarter. Swedbank AB now owns 980,000 shares of the company's stock valued at $36,887,000 after purchasing an additional 133,000 shares during the last quarter. Hood River Capital Management LLC grew its position in shares of WillScot Mobile Mini by 81.2% during the first quarter. Hood River Capital Management LLC now owns 73,405 shares of the company's stock valued at $3,413,000 after purchasing an additional 32,900 shares in the last quarter. Shell Asset Management Co. bought a new stake in shares of WillScot Mobile Mini in the first quarter worth about $670,000. Finally, Bislett Management LLC lifted its position in shares of WillScot Mobile Mini by 3.1% in the third quarter. Bislett Management LLC now owns 1,170,000 shares of the company's stock worth $43,992,000 after buying an additional 35,000 shares in the last quarter. Institutional investors own 95.81% of the company's stock.

WillScot Mobile Mini Price Performance

NASDAQ:WSC opened at $34.93 on Thursday. The firm's fifty day moving average is $37.75 and its two-hundred day moving average is $38.17. WillScot Mobile Mini Holdings Corp. has a one year low of $32.71 and a one year high of $52.16. The firm has a market cap of $6.45 billion, a price-to-earnings ratio of 317.57, a PEG ratio of 2.12 and a beta of 1.37. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.82 and a current ratio of 0.90.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.38 earnings per share for the quarter, missing analysts' consensus estimates of $0.48 by ($0.10). WillScot Mobile Mini had a return on equity of 23.97% and a net margin of 1.05%. The company had revenue of $601.43 million for the quarter, compared to analyst estimates of $617.83 million. During the same quarter in the prior year, the company posted $0.46 earnings per share. The business's revenue was down .6% on a year-over-year basis. Research analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current year.

Insider Buying and Selling at WillScot Mobile Mini

In other news, CEO Bradley Lee Soultz bought 5,000 shares of the stock in a transaction that occurred on Wednesday, September 18th. The stock was purchased at an average price of $38.97 per share, for a total transaction of $194,850.00. Following the completion of the purchase, the chief executive officer now owns 149,686 shares in the company, valued at approximately $5,833,263.42. This trade represents a 3.46 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Hezron T. Lopez sold 20,000 shares of the stock in a transaction on Friday, November 8th. The shares were sold at an average price of $39.38, for a total transaction of $787,600.00. Following the completion of the transaction, the executive vice president now directly owns 57,918 shares in the company, valued at $2,280,810.84. This trade represents a 25.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders purchased a total of 20,000 shares of company stock worth $728,750 in the last three months. 3.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Robert W. Baird lowered their target price on WillScot Mobile Mini from $42.00 to $38.00 and set a "neutral" rating for the company in a research report on Thursday, October 31st. DA Davidson decreased their target price on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a "buy" rating on the stock in a research report on Monday, August 5th. Baird R W lowered WillScot Mobile Mini from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 24th. Stifel Nicolaus decreased their price objective 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, Oppenheimer dropped 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. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, WillScot Mobile Mini has an average 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.