First Hawaiian Bank Has $678,000 Stock Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

First Hawaiian Bank decreased its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 53.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,272 shares of the company’s stock after selling 23,392 shares during the period. First Hawaiian Bank’s holdings in WillScot Mobile Mini were worth $678,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in WSC. Sunbelt Securities Inc. boosted its position in shares of WillScot Mobile Mini by 15,389.0% during the 2nd quarter. Sunbelt Securities Inc. now owns 53,747 shares of the company’s stock valued at $2,023,000 after purchasing an additional 53,400 shares in the last quarter. Douglass Winthrop Advisors LLC boosted its position in shares of WillScot Mobile Mini by 32.4% during the 3rd quarter. Douglass Winthrop Advisors LLC now owns 165,143 shares of the company’s stock valued at $6,209,000 after purchasing an additional 40,393 shares in the last quarter. First Sabrepoint Capital Management LP boosted its holdings in WillScot Mobile Mini by 17.5% in the third quarter. First Sabrepoint Capital Management LP now owns 238,143 shares of the company’s stock worth $8,954,000 after acquiring an additional 35,492 shares in the last quarter. Bislett Management LLC boosted its holdings in WillScot Mobile Mini by 3.1% in the third quarter. Bislett Management LLC now owns 1,170,000 shares of the company’s stock worth $43,992,000 after acquiring an additional 35,000 shares in the last quarter. Finally, Swedbank AB boosted its holdings in WillScot Mobile Mini by 229.2% in the third quarter. Swedbank AB now owns 3,226,000 shares of the company’s stock worth $121,298,000 after acquiring an additional 2,246,000 shares in the last quarter. Institutional investors and hedge funds own 95.81% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on WSC. Morgan Stanley upgraded WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $40.00 to $50.00 in a report on Tuesday, December 17th. Baird R W lowered WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 24th. Robert W. Baird cut their price target 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. Deutsche Bank Aktiengesellschaft lowered WillScot Mobile Mini from a “buy” rating to a “hold” rating and cut their price target for the stock from $46.00 to $35.00 in a report on Thursday, October 31st. Finally, Barclays dropped their target price on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating on the stock in a report on Friday, November 1st. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $45.50.

Insiders Place Their Bets

In other WillScot Mobile Mini news, insider Graeme Parkes sold 2,900 shares of the firm’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $37.01, for a total value of $107,329.00. Following the completion of the sale, the insider now directly owns 72,818 shares of the company’s stock, valued at $2,694,994.18. This trade represents a 3.83 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Gerard E. Holthaus bought 5,000 shares of the firm’s stock in a transaction on Tuesday, November 19th. The stock was purchased at an average cost of $34.99 per share, with a total value of $174,950.00. Following the completion of the transaction, the director now directly owns 411,221 shares of the company’s stock, valued at approximately $14,388,622.79. The trade was a 1.23 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 15,000 shares of company stock valued at $533,900 and sold 36,959 shares valued at $1,382,636. Company insiders own 3.30% of the company’s stock.

WillScot Mobile Mini Stock Performance

Shares of WSC opened at $34.99 on Friday. 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 has a market capitalization of $6.46 billion, a price-to-earnings ratio of 318.12, a PEG ratio of 2.12 and a beta of 1.40. The stock has a 50 day moving average of $36.02 and a 200 day moving average of $37.26. WillScot Mobile Mini Holdings Corp. has a 12 month low of $32.57 and a 12 month high of $52.16.

WillScot Mobile Mini (NASDAQ:WSC) last issued its quarterly 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). The business had revenue of $601.43 million for the quarter, compared to analysts’ expectations of $617.83 million. WillScot Mobile Mini had a net margin of 1.05% and a return on equity of 23.97%. The business’s revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.46 earnings per share. As a group, sell-side analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.53 earnings per share for the current year.

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.