Hantz Financial Services Inc. lessened its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 72.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 71,322 shares of the company's stock after selling 187,378 shares during the quarter. Hantz Financial Services Inc.'s holdings in WillScot Mobile Mini were worth $2,682,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. V Square Quantitative Management LLC acquired a new position in WillScot Mobile Mini in the third quarter worth $25,000. Hexagon Capital Partners LLC grew its position in shares of WillScot Mobile Mini by 200.0% during the 3rd quarter. Hexagon Capital Partners LLC now owns 900 shares of the company's stock valued at $34,000 after buying an additional 600 shares during the last quarter. Financial Management Professionals Inc. bought a new stake in shares of WillScot Mobile Mini during the 3rd quarter valued at about $36,000. Summit Securities Group LLC acquired a new stake in WillScot Mobile Mini during the second quarter worth about $56,000. Finally, CWM LLC lifted its holdings in 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 acquiring an additional 728 shares during the last quarter. Institutional investors own 95.81% of the company's stock.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on WSC. 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 report on Thursday, October 31st. Baird R W lowered WillScot Mobile Mini from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft cut WillScot Mobile Mini from a "buy" rating to a "hold" rating and cut their target price for the company from $46.00 to $35.00 in a research note on Thursday, October 31st. Barclays lowered their price target on shares of WillScot Mobile Mini from $44.00 to $40.00 and set an "equal weight" rating for the company in a research report on Friday, November 1st. Finally, DA Davidson cut their price objective on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a "buy" rating on the stock in a research report on Monday, August 5th. Six 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 presently has an average rating of "Hold" and a consensus price target of $45.00.
Read Our Latest Research Report on WSC
Insider Activity at WillScot Mobile Mini
In related news, CEO Bradley Lee Soultz bought 5,000 shares of the firm's stock in a transaction that occurred on Monday, November 4th. The shares were acquired at an average cost of $36.38 per share, for a total transaction of $181,900.00. Following the acquisition, the chief executive officer now directly owns 144,686 shares of the company's stock, valued at $5,263,676.68. The trade was a 3.58 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Sally J. Shanks sold 14,059 shares of the business's stock in a transaction on Monday, November 18th. The stock was sold at an average price of $34.69, for a total value of $487,706.71. Following the sale, the chief accounting officer now directly owns 26,113 shares in the company, valued at $905,859.97. This trade represents a 35.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders bought 20,000 shares of company stock valued at $728,750 over the last 90 days. 3.30% of the stock is currently owned by corporate insiders.
WillScot Mobile Mini Price Performance
Shares of WSC stock traded up $0.05 during midday trading on Friday, reaching $38.24. 758,684 shares of the company were exchanged, compared to its average volume of 3,694,637. The company's 50 day moving average price is $37.51 and its two-hundred day moving average price is $38.08. The company has a market cap of $7.07 billion, a P/E ratio of 347.67, a PEG ratio of 2.31 and a beta of 1.37. WillScot Mobile Mini Holdings Corp. has a 12 month low of $32.71 and a 12 month high of $52.16. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.82 and a current ratio of 0.90.
WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last announced its earnings results on Wednesday, October 30th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.10). The firm had revenue of $601.43 million for the quarter, compared to the consensus estimate of $617.83 million. WillScot Mobile Mini had a return on equity of 23.97% and a net margin of 1.05%. WillScot Mobile Mini's revenue for the quarter was down .6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.46 EPS. On average, sell-side analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.53 earnings per share for the current year.
WillScot Mobile Mini Company 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.
Recommended Stories
Before you consider WillScot Mobile Mini, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WillScot Mobile Mini wasn't on the list.
While WillScot Mobile Mini currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.