UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $25.35 Million Position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 26.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 674,244 shares of the company's stock after selling 243,101 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.36% of WillScot Mobile Mini worth $25,352,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in WSC. V Square Quantitative Management LLC bought a new stake in WillScot Mobile Mini during the 3rd quarter valued at $25,000. Hexagon Capital Partners LLC lifted its holdings in WillScot Mobile Mini by 200.0% in the third quarter. Hexagon Capital Partners LLC now owns 900 shares of the company's stock worth $34,000 after purchasing an additional 600 shares during the period. Financial Management Professionals Inc. bought a new position in WillScot Mobile Mini in the 3rd quarter valued at about $36,000. Summit Securities Group LLC acquired a new position in WillScot Mobile Mini during the 2nd quarter valued at about $56,000. Finally, CWM LLC raised its position in shares of WillScot Mobile Mini by 80.3% during the 2nd quarter. CWM LLC now owns 1,635 shares of the company's stock worth $62,000 after buying an additional 728 shares in the last quarter. 95.81% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on WSC. Robert W. Baird decreased their price objective on shares of WillScot Mobile Mini from $42.00 to $38.00 and set a "neutral" rating for the company in a report on Thursday, October 31st. Deutsche Bank Aktiengesellschaft cut WillScot Mobile Mini from a "buy" rating to a "hold" rating and lowered their price target for the company from $46.00 to $35.00 in a research report on Thursday, October 31st. Baird R W lowered WillScot Mobile Mini from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 24th. Finally, Barclays lowered their target price on 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. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, WillScot Mobile Mini presently has a consensus rating of "Hold" and a consensus target price of $45.00.

Insider Transactions at WillScot Mobile Mini

In other WillScot Mobile Mini news, EVP Hezron T. Lopez sold 20,000 shares of the firm's stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $39.38, for a total value of $787,600.00. Following the sale, the executive vice president now owns 57,918 shares of the company's stock, valued at $2,280,810.84. This trade represents a 25.67 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Bradley Lee Soultz purchased 5,000 shares of the business's stock in a transaction dated Monday, November 4th. The shares were acquired at an average price of $36.38 per share, with a total value of $181,900.00. Following the completion of the acquisition, the chief executive officer now owns 144,686 shares of the company's stock, valued at approximately $5,263,676.68. The trade was a 3.58 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders bought 20,000 shares of company stock worth $728,750. 3.30% of the stock is owned by insiders.

WillScot Mobile Mini Stock Down 0.7 %

NASDAQ WSC traded down $0.29 during trading on Thursday, reaching $38.92. The company's stock had a trading volume of 951,991 shares, compared to its average volume of 2,279,418. The business has a 50-day moving average price of $37.39 and a 200-day moving average price of $38.04. WillScot Mobile Mini Holdings Corp. has a 1-year low of $32.71 and a 1-year high of $52.16. The stock has a market capitalization of $7.19 billion, a PE ratio of 356.49, a PEG ratio of 2.28 and a beta of 1.38. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $601.43 million for the quarter, compared to analyst estimates of $617.83 million. During the same period in the prior year, the company posted $0.46 EPS. The business's revenue was down .6% on a year-over-year basis. On average, research analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.53 earnings per share 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.