Bernzott Capital Advisors Purchases 343 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Bernzott Capital Advisors increased its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 0.2% during the third quarter, Holdings Channel.com reports. The firm owned 142,905 shares of the company’s stock after buying an additional 343 shares during the quarter. WillScot Mobile Mini accounts for approximately 2.3% of Bernzott Capital Advisors’ holdings, making the stock its 29th biggest position. Bernzott Capital Advisors’ holdings in WillScot Mobile Mini were worth $5,373,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of WSC. Financial Management Professionals Inc. purchased a new position in WillScot Mobile Mini during the 3rd quarter worth $36,000. Osborne Partners Capital Management LLC boosted its holdings in WillScot Mobile Mini by 2.1% during the 3rd quarter. Osborne Partners Capital Management LLC now owns 160,467 shares of the company’s stock worth $6,034,000 after acquiring an additional 3,303 shares during the last quarter. Mraz Amerine & Associates Inc. purchased a new position in WillScot Mobile Mini during the 3rd quarter worth $254,000. International Assets Investment Management LLC boosted its holdings in WillScot Mobile Mini by 3,631.0% during the 3rd quarter. International Assets Investment Management LLC now owns 24,177 shares of the company’s stock worth $909,000 after acquiring an additional 23,529 shares during the last quarter. Finally, Whittier Trust Co. boosted its holdings in WillScot Mobile Mini by 4.7% during the 3rd quarter. Whittier Trust Co. now owns 43,328 shares of the company’s stock worth $1,629,000 after acquiring an additional 1,950 shares during the last quarter. 95.81% of the stock is currently owned by institutional investors.

WillScot Mobile Mini Price Performance

Shares of WSC traded down $0.62 during midday trading on Tuesday, hitting $39.17. 1,011,390 shares of the company traded hands, compared to its average volume of 2,077,259. The stock has a 50-day moving average of $38.02 and a 200-day moving average of $38.34. WillScot Mobile Mini Holdings Corp. has a one year low of $33.23 and a one year high of $52.16. The firm has a market cap of $7.45 billion, a P/E ratio of 24.56, a PEG ratio of 1.25 and a beta of 1.35. The company has a debt-to-equity ratio of 2.88, a current ratio of 0.91 and a quick ratio of 0.83.

WillScot Mobile Mini (NASDAQ:WSC) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.01). WillScot Mobile Mini had a return on equity of 24.27% and a net margin of 7.77%. The business had revenue of $604.59 million for the quarter, compared to analysts’ expectations of $614.85 million. During the same period in the previous year, the firm posted $0.43 EPS. The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year. As a group, sell-side analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.76 EPS for the current fiscal year.

Analyst Ratings Changes

WSC has been the topic of a number of analyst reports. 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. Stifel Nicolaus lowered their target price on WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating on the stock in a research note on Friday, August 2nd. Baird R W cut WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 24th. DA Davidson lowered their target price on 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. Finally, Barclays cut WillScot Mobile Mini from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $50.00 to $44.00 in a research note on Thursday, September 19th. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $47.60.

Insiders Place Their Bets

In related news, CEO Bradley Lee Soultz acquired 5,000 shares of the stock in a transaction on Wednesday, September 18th. The stock was purchased at an average price of $38.97 per share, for a total transaction of $194,850.00. Following the completion of the transaction, the chief executive officer now owns 149,686 shares of the company’s stock, valued at $5,833,263.42. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 3.30% of the stock is owned by insiders.

WillScot Mobile Mini Company 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.