US Bancorp DE Has $773,000 Stock Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

US Bancorp DE lowered its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 49.9% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 20,554 shares of the company's stock after selling 20,463 shares during the quarter. US Bancorp DE's holdings in WillScot Mobile Mini were worth $773,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Baupost Group LLC MA acquired a new stake in WillScot Mobile Mini in the 2nd quarter worth about $92,971,000. William Blair Investment Management LLC boosted its position in shares of WillScot Mobile Mini by 102.9% during the second quarter. William Blair Investment Management LLC now owns 4,643,901 shares of the company's stock worth $174,796,000 after buying an additional 2,355,445 shares during the period. Swedbank AB grew its stake in shares of WillScot Mobile Mini by 229.2% in the 3rd quarter. Swedbank AB now owns 3,226,000 shares of the company's stock worth $121,298,000 after purchasing an additional 2,246,000 shares during the last quarter. Boston Partners boosted its holdings in WillScot Mobile Mini by 66.0% during the first quarter. Boston Partners now owns 5,434,288 shares of the company's stock worth $251,118,000 after buying an additional 2,159,958 shares in the last quarter. Finally, Capital Research Global Investors grew its position in WillScot Mobile Mini by 112.0% in the first quarter. Capital Research Global Investors now owns 3,906,011 shares of the company's stock worth $181,630,000 after buying an additional 2,063,746 shares during the last quarter. Institutional investors and hedge funds own 95.81% of the company's stock.

WillScot Mobile Mini Trading Down 1.2 %

Shares of WSC stock traded down $0.49 on Friday, hitting $39.19. The stock had a trading volume of 4,405,740 shares, compared to its average volume of 4,192,380. WillScot Mobile Mini Holdings Corp. has a twelve month low of $32.71 and a twelve month high of $52.16. The company has a fifty day moving average price of $37.98 and a two-hundred day moving average price of $38.27. The firm has a market cap of $7.24 billion, a P/E ratio of 356.31, a PEG ratio of 2.37 and a beta of 1.37. 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 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). The firm had revenue of $601.43 million during the quarter, compared to analyst estimates of $617.83 million. WillScot Mobile Mini had a net margin of 1.05% and a return on equity of 23.97%. The firm's quarterly revenue was down .6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.46 EPS. As a group, analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.53 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently issued reports on WSC. Robert W. Baird cut their price objective on 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 lowered shares of WillScot Mobile Mini from a "buy" rating to a "hold" rating and cut their price objective for the company from $46.00 to $35.00 in a research report on Thursday, October 31st. Baird R W downgraded shares of WillScot Mobile Mini from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 24th. Barclays reduced their price objective on shares of WillScot Mobile Mini from $44.00 to $40.00 and set an "equal weight" rating for the company in a research note on Friday, November 1st. Finally, Stifel Nicolaus lowered their target price on shares of 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. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $45.00.

Insider Activity

In other WillScot Mobile Mini news, CEO Bradley Lee Soultz acquired 5,000 shares of the business's stock in a transaction dated Monday, November 4th. The stock was bought at an average cost of $36.38 per share, with a total value of $181,900.00. Following the completion of the transaction, the chief executive officer now directly owns 144,686 shares in the company, valued at approximately $5,263,676.68. This represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 3.30% of the company's stock.

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.