TimesSquare Capital Management LLC Sells 101,273 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

TimesSquare Capital Management LLC trimmed its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 9.9% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 917,431 shares of the company's stock after selling 101,273 shares during the period. TimesSquare Capital Management LLC owned about 0.49% of WillScot Mobile Mini worth $34,495,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in WSC. Envestnet Portfolio Solutions Inc. lifted its holdings in WillScot Mobile Mini by 7.4% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 18,821 shares of the company's stock valued at $875,000 after buying an additional 1,293 shares during the period. PFG Advisors boosted its position in shares of WillScot Mobile Mini by 28.5% in the 1st quarter. PFG Advisors now owns 5,953 shares of the company's stock worth $277,000 after purchasing an additional 1,320 shares during the last quarter. Oppenheimer & Co. Inc. grew its stake in shares of WillScot Mobile Mini by 15.1% during the first quarter. Oppenheimer & Co. Inc. now owns 6,282 shares of the company's stock worth $292,000 after purchasing an additional 825 shares during the period. Sei Investments Co. increased its holdings in WillScot Mobile Mini by 74.4% in the first quarter. Sei Investments Co. now owns 640,720 shares of the company's stock valued at $29,793,000 after purchasing an additional 273,431 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new position in WillScot Mobile Mini in the first quarter valued at about $340,000. 95.81% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Baird R W downgraded WillScot Mobile Mini from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 24th. Robert W. Baird dropped their price target on 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. DA Davidson decreased their price objective on WillScot Mobile Mini from $54.00 to $47.00 and set a "buy" rating for the company in a report on Monday, August 5th. Oppenheimer cut their target price on WillScot Mobile Mini from $53.00 to $46.00 and set an "outperform" rating on the stock in a research note on Friday, August 2nd. Finally, Bank of America lowered their price objective on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a "buy" rating on the stock in a report on Friday, August 2nd. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, WillScot Mobile Mini currently has a consensus rating of "Hold" and an average price target of $45.00.

Insider Buying and Selling

In related news, CEO Bradley Lee Soultz purchased 5,000 shares of the firm's stock in a transaction dated Monday, November 4th. The stock was bought at an average price of $36.38 per share, with a total value of $181,900.00. Following the completion of the purchase, the chief executive officer now owns 144,686 shares in the company, valued at approximately $5,263,676.68. This represents a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. 3.30% of the stock is currently owned by insiders.

WillScot Mobile Mini Price Performance

NASDAQ:WSC traded down $0.49 during trading hours on Friday, hitting $39.19. The company's stock had a trading volume of 4,405,740 shares, compared to its average volume of 4,192,380. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82. The company has a market capitalization of $7.24 billion, a P/E ratio of 356.31, a PEG ratio of 2.37 and a beta of 1.37. WillScot Mobile Mini Holdings Corp. has a twelve month low of $32.71 and a twelve month high of $52.16. The stock has a fifty day simple moving average of $37.98 and a 200-day simple moving average of $38.27.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last announced its quarterly 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). 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 the consensus estimate of $617.83 million. During the same quarter in the previous year, the company posted $0.46 earnings per share. The firm's revenue was down .6% on a year-over-year basis. On average, analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current fiscal year.

WillScot Mobile Mini 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.