WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Purchased by Swedbank AB

Swedbank AB raised its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 3.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,324,000 shares of the company's stock after purchasing an additional 98,000 shares during the quarter. Swedbank AB owned 1.80% of WillScot Mobile Mini worth $111,188,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. First Horizon Advisors Inc. grew its stake in shares of WillScot Mobile Mini by 16.4% during the 3rd quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company's stock valued at $80,000 after purchasing an additional 302 shares during the period. Salvus Wealth Management LLC lifted its position in WillScot Mobile Mini by 1.0% during the third quarter. Salvus Wealth Management LLC now owns 47,830 shares of the company's stock valued at $1,798,000 after purchasing an additional 485 shares in the last quarter. Hexagon Capital Partners LLC grew its holdings in WillScot Mobile Mini by 200.0% during 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 period. KBC Group NV raised its stake in shares of WillScot Mobile Mini by 14.7% in the third quarter. KBC Group NV now owns 5,110 shares of the company's stock worth $192,000 after buying an additional 655 shares during the period. Finally, V Square Quantitative Management LLC bought a new position in shares of WillScot Mobile Mini in the third quarter worth approximately $25,000. 95.81% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at WillScot Mobile Mini

In other news, CAO Sally J. Shanks sold 14,059 shares of the stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $34.69, for a total value of $487,706.71. Following the transaction, the chief accounting officer now owns 26,113 shares in the company, valued at approximately $905,859.97. This represents a 35.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Bradley Lee Soultz purchased 5,000 shares of the stock in a transaction that occurred on Monday, November 4th. The stock was acquired at an average cost of $36.38 per share, with a total value of $181,900.00. Following the completion of the acquisition, the chief executive officer now directly owns 144,686 shares of the company's stock, valued at $5,263,676.68. This represents a 3.58 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 15,000 shares of company stock valued at $533,900 and sold 36,959 shares valued at $1,382,636. 3.30% of the stock is currently owned by corporate insiders.

WillScot Mobile Mini Trading Down 0.2 %

Shares of WSC stock traded down $0.08 during trading on Thursday, hitting $37.12. 406,049 shares of the stock traded hands, compared to its average volume of 2,142,066. WillScot Mobile Mini Holdings Corp. has a 52-week low of $32.57 and a 52-week high of $52.16. The firm has a market capitalization of $6.86 billion, a P/E ratio of 337.17, a price-to-earnings-growth ratio of 2.04 and a beta of 1.40. The firm's fifty day moving average price is $36.09 and its 200-day moving average price is $37.26. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last announced its earnings results on Wednesday, October 30th. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.48 by ($0.10). WillScot Mobile Mini had a net margin of 1.05% and a return on equity of 23.97%. The firm had revenue of $601.43 million during the quarter, compared to analysts' expectations of $617.83 million. During the same period in the previous year, the firm earned $0.46 EPS. The firm's revenue for the quarter was down .6% compared to the same quarter last year. As a group, research analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.53 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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