WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Sold by Buck Wealth Strategies LLC

Buck Wealth Strategies LLC cut its holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 10.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 76,857 shares of the company’s stock after selling 8,709 shares during the quarter. Buck Wealth Strategies LLC’s holdings in WillScot Mobile Mini were worth $2,890,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of WSC. V Square Quantitative Management LLC acquired a new stake in WillScot Mobile Mini during the third quarter worth approximately $25,000. Hexagon Capital Partners LLC grew its position in shares of WillScot Mobile Mini by 200.0% in the third quarter. Hexagon Capital Partners LLC now owns 900 shares of the company’s stock valued at $34,000 after purchasing an additional 600 shares during the period. Financial Management Professionals Inc. acquired a new position in WillScot Mobile Mini in the third quarter valued at $36,000. Summit Securities Group LLC acquired a new stake in WillScot Mobile Mini in the 2nd quarter worth about $56,000. Finally, CWM LLC boosted its stake in WillScot Mobile Mini by 80.3% in the 2nd quarter. CWM LLC now owns 1,635 shares of the company’s stock worth $62,000 after buying an additional 728 shares during the last quarter. 95.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Bank of America cut their price objective on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Baird R W cut shares of WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 24th. Stifel Nicolaus dropped their price objective on WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating for the company in a report on Friday, August 2nd. Oppenheimer cut their price objective on WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating on the stock in a report on Friday, August 2nd. Finally, Robert W. Baird dropped their target price on shares of WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, October 31st. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $45.00.

WillScot Mobile Mini Trading Down 1.3 %

NASDAQ WSC opened at $37.65 on Wednesday. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42. The company’s fifty day simple moving average is $37.97 and its 200-day simple moving average is $38.28. The stock has a market cap of $6.96 billion, a P/E ratio of 342.30, a PEG ratio of 2.30 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) last posted its quarterly earnings results on Wednesday, October 30th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.10). The company 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 company’s revenue was down .6% on a year-over-year basis. During the same period in the prior year, the company earned $0.46 earnings per share. Equities research analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current fiscal year.

Insider Activity at WillScot Mobile Mini

In related 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 approximately $2,280,810.84. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other WillScot Mobile Mini news, EVP Hezron T. Lopez sold 20,000 shares of the business’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $39.38, for a total transaction of $787,600.00. Following the completion of the transaction, the executive vice president now owns 57,918 shares in the company, valued at approximately $2,280,810.84. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Bradley Lee Soultz purchased 5,000 shares of the firm’s stock in a transaction on Monday, November 4th. The shares were purchased at an average cost of $36.38 per share, with a total value of $181,900.00. Following the completion of the purchase, the chief executive officer now owns 144,686 shares in the company, valued at $5,263,676.68. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 3.30% of the company’s stock.

About WillScot Mobile Mini

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.