WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Sold by Fmr LLC

Fmr LLC cut its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 34.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,959,038 shares of the company’s stock after selling 2,623,080 shares during the quarter. Fmr LLC owned about 2.68% of WillScot Mobile Mini worth $186,460,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of WSC. V Square Quantitative Management LLC acquired a new stake in shares of WillScot Mobile Mini in the third quarter valued at approximately $25,000. Hexagon Capital Partners LLC increased its stake in WillScot Mobile Mini by 200.0% during the third quarter. Hexagon Capital Partners LLC now owns 900 shares of the company’s stock worth $34,000 after acquiring an additional 600 shares during the last quarter. Financial Management Professionals Inc. acquired a new stake in shares of WillScot Mobile Mini during the 3rd quarter worth about $36,000. Summit Securities Group LLC purchased a new stake in shares of WillScot Mobile Mini in the 2nd quarter valued at approximately $56,000. Finally, CWM LLC lifted its stake in WillScot Mobile Mini by 80.3% during the second quarter. CWM LLC now owns 1,635 shares of the company’s stock worth $62,000 after purchasing an additional 728 shares in the last quarter. Hedge funds and other institutional investors own 95.81% of the company’s stock.

WillScot Mobile Mini Trading Down 0.1 %

NASDAQ:WSC opened at $38.21 on Tuesday. 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 Holdings Corp. has a 52-week low of $32.71 and a 52-week high of $52.16. The stock’s 50 day moving average price is $37.46 and its 200 day moving average price is $38.05. The company has a market capitalization of $7.06 billion, a PE ratio of 347.40, a P/E/G ratio of 2.31 and a beta of 1.38.

WillScot Mobile Mini (NASDAQ:WSC) last announced its earnings results on Wednesday, October 30th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.10). WillScot Mobile Mini had a net margin of 1.05% and a return on equity of 23.97%. The business had revenue of $601.43 million during the quarter, compared to analyst estimates of $617.83 million. During the same period in the previous year, the firm earned $0.46 earnings per share. The business’s revenue was down .6% compared to the same quarter last year. On average, research analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on the company. DA Davidson lowered their target price on WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating for the company in a research note on Monday, August 5th. Baird R W downgraded shares of WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 24th. Barclays decreased their price objective 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. Robert W. Baird dropped their target price on WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating on the stock in a report on Thursday, October 31st. Finally, Deutsche Bank Aktiengesellschaft downgraded WillScot Mobile Mini from a “buy” rating to a “hold” rating and decreased their price target for the stock from $46.00 to $35.00 in a report on Thursday, October 31st. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $45.00.

Insider Transactions at WillScot Mobile Mini

In other WillScot Mobile Mini news, CAO Sally J. Shanks sold 14,059 shares of the company’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $34.69, for a total transaction of $487,706.71. Following the completion of the transaction, the chief accounting officer now owns 26,113 shares in the company, valued at approximately $905,859.97. This represents a 35.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Bradley Lee Soultz bought 5,000 shares of the stock in a transaction dated Wednesday, September 18th. The stock was purchased at an average cost of $38.97 per share, for a total transaction of $194,850.00. Following the acquisition, the chief executive officer now owns 149,686 shares of the company’s stock, valued at approximately $5,833,263.42. This represents a 3.46 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 20,000 shares of company stock worth $728,750. Company insiders own 3.30% of the company’s stock.

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.