Bradley Lee Soultz Buys 5,000 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Stock

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) CEO Bradley Lee Soultz bought 5,000 shares of the firm’s stock in a transaction dated Tuesday, May 7th. The shares were acquired at an average price of $38.44 per share, with a total value of $192,200.00. Following the completion of the transaction, the chief executive officer now owns 157,771 shares of the company’s stock, valued at approximately $6,064,717.24. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Bradley Lee Soultz also recently made the following trade(s):

• On Monday, March 4th, Bradley Lee Soultz acquired 5,000 shares of WillScot Mobile Mini stock. The shares were bought at an average price of $47.76 per share, with a total value of $238,800.00.

WillScot Mobile Mini Stock Up 2.3 %

Shares of WSC stock traded up $0.87 during trading hours on Tuesday, reaching $39.17. 4,973,129 shares of the company’s stock were exchanged, compared to its average volume of 2,001,388. The stock has a market cap of $7.44 billion, a PE ratio of 24.23, a PEG ratio of 0.89 and a beta of 1.36. The company has a current ratio of 0.97, a quick ratio of 0.89 and a debt-to-equity ratio of 2.63. The stock’s fifty day moving average price is $43.22 and its two-hundred day moving average price is $43.03. WillScot Mobile Mini Holdings Corp. has a 1 year low of $34.40 and a 1 year high of $52.16.

WillScot Mobile Mini (NASDAQ:WSC) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.04). The company had revenue of $587.18 million for the quarter, compared to analyst estimates of $579.98 million. WillScot Mobile Mini had a return on equity of 24.14% and a net margin of 13.48%. The company’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.36 earnings per share. Research analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.96 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on WSC shares. Jefferies Financial Group lowered WillScot Mobile Mini from a “buy” rating to a “hold” rating and lowered their price target for the company from $58.00 to $42.00 in a report on Monday, April 1st. Oppenheimer restated an “outperform” rating and set a $53.00 price target (down previously from $60.00) on shares of WillScot Mobile Mini in a research note on Monday. Morgan Stanley initiated coverage on shares of WillScot Mobile Mini in a report on Monday, January 8th. They set an “equal weight” rating and a $45.00 target price on the stock. Wells Fargo & Company upped their price target on shares of WillScot Mobile Mini from $55.00 to $57.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 21st. Finally, Barclays boosted their price objective on shares of WillScot Mobile Mini from $50.00 to $60.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 28th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $51.00.

Institutional Trading of WillScot Mobile Mini

Several large investors have recently made changes to their positions in the business. Ameriprise Financial Inc. raised its holdings in WillScot Mobile Mini by 11.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,841,154 shares of the company’s stock worth $284,523,000 after purchasing an additional 692,784 shares during the period. Franklin Resources Inc. lifted its position in shares of WillScot Mobile Mini by 149.9% during the 4th quarter. Franklin Resources Inc. now owns 6,751,072 shares of the company’s stock valued at $300,423,000 after buying an additional 4,049,872 shares in the last quarter. Clearbridge Investments LLC increased its holdings in WillScot Mobile Mini by 3.5% in the 4th quarter. Clearbridge Investments LLC now owns 5,807,486 shares of the company’s stock worth $258,433,000 after acquiring an additional 198,098 shares in the last quarter. JPMorgan Chase & Co. raised its position in WillScot Mobile Mini by 3.2% during the third quarter. JPMorgan Chase & Co. now owns 4,002,566 shares of the company’s stock worth $166,467,000 after acquiring an additional 124,755 shares during the period. Finally, Boston Partners acquired a new stake in shares of WillScot Mobile Mini in the fourth quarter valued at about $145,583,000. 95.81% of the stock is owned by hedge funds and other institutional investors.

WillScot Mobile Mini Company Profile

WillScot Mobile Mini Holdings Corp. 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.