XTX Topco Ltd Takes $1.18 Million Position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

XTX Topco Ltd bought a new stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 31,363 shares of the company's stock, valued at approximately $1,179,000.

Several other hedge funds also recently added to or reduced their stakes in the business. V Square Quantitative Management LLC purchased a new position in WillScot Mobile Mini in the third quarter valued at $25,000. Hexagon Capital Partners LLC increased its stake in shares of WillScot Mobile Mini by 200.0% in the 3rd quarter. Hexagon Capital Partners LLC now owns 900 shares of the company's stock valued at $34,000 after purchasing an additional 600 shares in the last quarter. Financial Management Professionals Inc. acquired a new position in WillScot Mobile Mini in the 3rd quarter worth about $36,000. Summit Securities Group LLC purchased a new position in WillScot Mobile Mini during the second quarter worth approximately $56,000. Finally, CWM LLC grew 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 valued at $62,000 after purchasing an additional 728 shares during the period. 95.81% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling 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 on Friday, November 8th. The shares were sold at an average price of $39.38, for a total transaction of $787,600.00. Following the transaction, the executive vice president now directly owns 57,918 shares of the company's stock, valued at approximately $2,280,810.84. This trade represents a 25.67 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Bradley Lee Soultz bought 5,000 shares of WillScot Mobile Mini stock in a transaction dated Wednesday, September 18th. The stock was acquired 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. The trade was a 3.46 % increase in their position. The disclosure for this purchase can be found here. Insiders purchased 20,000 shares of company stock worth $728,750 over the last 90 days. Corporate insiders own 3.30% of the company's stock.

WillScot Mobile Mini Stock Down 4.1 %

WillScot Mobile Mini stock traded down $1.60 during trading on Tuesday, reaching $37.00. The stock had a trading volume of 1,988,146 shares, compared to its average volume of 2,279,857. The stock has a market cap of $6.84 billion, a PE ratio of 336.39, a P/E/G ratio of 2.37 and a beta of 1.38. The business has a 50 day moving average price of $37.41 and a 200 day moving average price of $37.96. WillScot Mobile Mini Holdings Corp. has a 52-week low of $32.71 and a 52-week high of $52.16. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last announced its quarterly 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 business 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 business's revenue for the quarter was down .6% compared to the same quarter last year. During the same period last year, the company earned $0.46 earnings per share. On average, analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently weighed in on WSC shares. Deutsche Bank Aktiengesellschaft lowered shares of WillScot Mobile Mini from a "buy" rating to a "hold" rating and decreased their price target for the company from $46.00 to $35.00 in a research note on Thursday, October 31st. Robert W. Baird dropped 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 research note on Thursday, October 31st. Barclays lowered their price objective on WillScot Mobile Mini from $44.00 to $40.00 and set an "equal weight" rating on the stock in a research note on Friday, November 1st. Finally, Baird R W lowered shares of WillScot Mobile Mini from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 24th. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, WillScot Mobile Mini has an average rating of "Hold" and a consensus price target of $45.00.

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.