Sumitomo Mitsui DS Asset Management Company Ltd Has $994,000 Stock Position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Sumitomo Mitsui DS Asset Management Company Ltd lessened its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 70.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 29,720 shares of the company's stock after selling 69,868 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd's holdings in WillScot Mobile Mini were worth $994,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of WSC. V Square Quantitative Management LLC bought a new position in WillScot Mobile Mini during the third quarter worth $25,000. Financial Management Professionals Inc. bought a new position in WillScot Mobile Mini during the third quarter worth $36,000. First Horizon Advisors Inc. increased its position in WillScot Mobile Mini by 16.4% during the third quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company's stock worth $80,000 after acquiring an additional 302 shares during the period. KBC Group NV increased its position in WillScot Mobile Mini by 14.7% during the third quarter. KBC Group NV now owns 5,110 shares of the company's stock worth $192,000 after acquiring an additional 655 shares during the period. Finally, Stephens Inc. AR bought a new position in WillScot Mobile Mini during the third quarter worth $200,000. Institutional investors own 95.81% of the company's stock.

Insider Activity at WillScot Mobile Mini

In other news, CAO Sally J. Shanks sold 14,059 shares of the stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $34.69, for a total value of $487,706.71. Following the completion of the sale, the chief accounting officer now owns 26,113 shares of the company's stock, valued at approximately $905,859.97. This represents a 35.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Gerard E. Holthaus acquired 5,000 shares of the business's stock in a transaction dated Tuesday, November 19th. The stock was bought at an average cost of $34.99 per share, with a total value of $174,950.00. Following the acquisition, the director now owns 411,221 shares in the company, valued at $14,388,622.79. The trade was a 1.23 % increase in their position. The disclosure for this purchase can be found here. 3.30% of the stock is owned by insiders.

WillScot Mobile Mini Trading Down 0.7 %

Shares of WSC stock traded down $0.25 on Friday, reaching $38.02. The company had a trading volume of 1,314,848 shares, compared to its average volume of 2,345,066. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42. The company has a 50-day moving average of $35.84 and a 200-day moving average of $36.92. WillScot Mobile Mini Holdings Corp. has a 12 month low of $32.57 and a 12 month high of $50.81. The stock has a market cap of $7.02 billion, a PE ratio of 345.67, a PEG ratio of 1.93 and a beta of 1.41.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Baird R W lowered shares of WillScot Mobile Mini from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft downgraded shares of WillScot Mobile Mini from a "buy" rating to a "hold" rating and decreased their price target for the stock from $46.00 to $35.00 in a research note on Thursday, October 31st. Morgan Stanley upgraded shares of WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and lifted their price target for the stock from $40.00 to $50.00 in a research note on Tuesday, December 17th. Barclays decreased their price target 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, November 1st. Finally, Robert W. Baird reduced their target price on shares of 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. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $45.50.

About WillScot Mobile Mini

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.