Advantage Alpha Capital Partners LP trimmed its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 13.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 181,906 shares of the company's stock after selling 29,452 shares during the period. WillScot Mobile Mini accounts for approximately 1.6% of Advantage Alpha Capital Partners LP's portfolio, making the stock its 14th largest holding. Advantage Alpha Capital Partners LP owned 0.10% of WillScot Mobile Mini worth $6,840,000 at the end of the most recent reporting period.
A number of other large investors have also bought and sold shares of the company. V Square Quantitative Management LLC purchased a new stake in shares of WillScot Mobile Mini during the third quarter worth $25,000. Hexagon Capital Partners LLC boosted its stake in WillScot Mobile Mini by 200.0% in the 3rd 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. purchased a new position in WillScot Mobile Mini during the 3rd quarter valued at about $36,000. Summit Securities Group LLC bought a new stake in shares of WillScot Mobile Mini during the second quarter valued at about $56,000. Finally, CWM LLC lifted its holdings in shares of WillScot Mobile Mini by 80.3% in the second 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 owned by hedge funds and other institutional investors.
WillScot Mobile Mini Trading Down 0.5 %
NASDAQ:WSC traded down $0.20 during trading hours on Tuesday, hitting $38.52. The company had a trading volume of 1,879,950 shares, compared to its average volume of 2,298,529. 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 stock has a 50-day moving average price of $37.61 and a 200 day moving average price of $38.11. The company has a market capitalization of $7.12 billion, a PE ratio of 351.99, a price-to-earnings-growth ratio of 2.19 and a beta of 1.37. WillScot Mobile Mini Holdings Corp. has a 52 week low of $32.71 and a 52 week high of $52.16.
WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $617.83 million. During the same period in the previous year, the firm posted $0.46 earnings per share. The business's revenue was down .6% compared to the same quarter last year. On average, equities research analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current fiscal year.
Insider Buying and Selling
In related news, CEO Bradley Lee Soultz acquired 5,000 shares of the firm's stock in a transaction dated Wednesday, September 18th. The stock was purchased at an average cost of $38.97 per share, with a total value of $194,850.00. Following the completion of the acquisition, the chief executive officer now directly owns 149,686 shares of the company's stock, valued at approximately $5,833,263.42. This trade represents a 3.46 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Sally J. Shanks sold 14,059 shares of the stock in a transaction on Monday, November 18th. The shares were sold at an average price of $34.69, for a total value of $487,706.71. Following the transaction, the chief accounting officer now directly owns 26,113 shares in the company, valued at $905,859.97. The trade was a 35.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have bought a total of 20,000 shares of company stock worth $728,750 in the last quarter. Corporate insiders own 3.30% of the company's stock.
Analysts Set New Price Targets
WSC has been the subject of several research analyst reports. Barclays dropped their price objective on 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. Oppenheimer cut their price objective on WillScot Mobile Mini from $53.00 to $46.00 and set an "outperform" rating for the company in a report on Friday, August 2nd. DA Davidson lowered their target price on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a "buy" rating on the stock in a research note on Monday, August 5th. Stifel Nicolaus cut their price target on shares of WillScot Mobile Mini from $48.00 to $46.00 and set a "buy" rating for the company in a research note on Friday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of WillScot Mobile Mini from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $46.00 to $35.00 in a report on Thursday, October 31st. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, WillScot Mobile Mini has a consensus rating of "Hold" and a consensus price target of $45.00.
Read Our Latest Report on WillScot Mobile Mini
WillScot Mobile Mini Profile
(
Free Report)
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.
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