TD Asset Management Inc Purchases 12,144 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

TD Asset Management Inc grew its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 21.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 67,632 shares of the company’s stock after purchasing an additional 12,144 shares during the quarter. TD Asset Management Inc’s holdings in WillScot Mobile Mini were worth $2,546,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. increased its stake in shares of WillScot Mobile Mini by 30.8% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,836 shares of the company’s stock valued at $69,000 after acquiring an additional 432 shares in the last quarter. Coldstream Capital Management Inc. increased its stake in shares of WillScot Mobile Mini by 9.7% in the 4th quarter. Coldstream Capital Management Inc. now owns 5,679 shares of the company’s stock valued at $253,000 after acquiring an additional 502 shares in the last quarter. Park Place Capital Corp increased its stake in shares of WillScot Mobile Mini by 29.3% in the 1st quarter. Park Place Capital Corp now owns 2,354 shares of the company’s stock valued at $109,000 after acquiring an additional 534 shares in the last quarter. CWM LLC increased its stake in shares of WillScot Mobile Mini by 80.3% in the 2nd quarter. CWM LLC now owns 1,635 shares of the company’s stock valued at $62,000 after acquiring an additional 728 shares in the last quarter. Finally, Oppenheimer & Co. Inc. increased its stake in shares of WillScot Mobile Mini by 15.1% in the 1st quarter. Oppenheimer & Co. Inc. now owns 6,282 shares of the company’s stock valued at $292,000 after acquiring an additional 825 shares in the last quarter. Institutional investors own 95.81% of the company’s stock.

WillScot Mobile Mini Stock Up 2.3 %

NASDAQ WSC opened at $39.25 on Friday. The stock’s 50-day moving average price is $37.92 and its 200-day moving average price is $40.14. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 2.88. WillScot Mobile Mini Holdings Corp. has a 52 week low of $33.23 and a 52 week high of $52.16. The company has a market capitalization of $7.46 billion, a P/E ratio of 24.23, a price-to-earnings-growth ratio of 1.25 and a beta of 1.36.

WillScot Mobile Mini (NASDAQ:WSC) last released its earnings results on Thursday, August 1st. The company reported $0.39 earnings per share (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 quarter in the prior year, the business posted $0.43 EPS. The business’s revenue for the quarter was up 3.9% compared to the same quarter last year. On average, equities research analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.76 earnings per share for the current year.

Wall Street Analysts Forecast Growth

WSC has been the subject of several research reports. Stifel Nicolaus reduced their price target on shares of WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. DA Davidson cut their price target on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating on the stock in a report on Monday, August 5th. Bank of America cut their price target 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. Oppenheimer lowered their price objective on WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating on the stock in a research note on Friday, August 2nd. Finally, Barclays decreased their price target on WillScot Mobile Mini from $60.00 to $50.00 and set an “overweight” rating on the stock in a research report on Monday, August 5th. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $48.50.

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.