Gerard E. Holthaus Acquires 5,000 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Stock

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Director Gerard E. Holthaus purchased 5,000 shares of the firm’s stock in a transaction on Tuesday, November 19th. The stock was acquired at an average price of $34.99 per share, for a total transaction of $174,950.00. Following the transaction, the director now owns 411,221 shares of the company’s stock, valued at $14,388,622.79. The trade was a 1.23 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

WillScot Mobile Mini Trading Down 0.6 %

Shares of NASDAQ WSC opened at $34.93 on Thursday. The business has a 50 day simple moving average of $37.82 and a 200 day simple moving average of $38.19. WillScot Mobile Mini Holdings Corp. has a 52 week low of $32.71 and a 52 week high of $52.16. The stock has a market cap of $6.45 billion, a price-to-earnings ratio of 317.57, a PEG ratio of 2.12 and a beta of 1.37. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.82 and a current ratio of 0.90.

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

Analyst Ratings Changes

A number of brokerages recently issued reports on WSC. Deutsche Bank Aktiengesellschaft cut WillScot Mobile Mini from a “buy” rating to a “hold” rating and decreased their target price for the stock from $46.00 to $35.00 in a report on Thursday, October 31st. Oppenheimer cut their price objective on WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating on the stock in a report on Friday, August 2nd. Bank of America decreased their target price on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating for the company in a 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. Finally, Robert W. Baird reduced their price target on shares of WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, October 31st. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $45.00.

Hedge Funds Weigh In On WillScot Mobile Mini

Institutional investors have recently bought and sold shares of the stock. V Square Quantitative Management LLC acquired a new position in shares of WillScot Mobile Mini during the 3rd quarter valued at about $25,000. Hexagon Capital Partners LLC boosted its position 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 purchasing an additional 600 shares during the period. Financial Management Professionals Inc. acquired a new position in WillScot Mobile Mini during the third quarter valued at approximately $36,000. Summit Securities Group LLC bought a new position in shares of WillScot Mobile Mini in the second quarter valued at approximately $56,000. Finally, CWM LLC lifted its stake in shares of WillScot Mobile Mini by 80.3% in the second quarter. CWM LLC now owns 1,635 shares of the company’s stock worth $62,000 after buying an additional 728 shares during the last quarter. 95.81% of the stock is currently owned by institutional investors.

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.