Virtu Financial LLC Acquires New Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Virtu Financial LLC acquired a new stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 12,434 shares of the company’s stock, valued at approximately $468,000.

Other hedge funds also recently bought and sold shares of the company. Sunbelt Securities Inc. grew its stake in WillScot Mobile Mini by 15,389.0% during the second quarter. Sunbelt Securities Inc. now owns 53,747 shares of the company’s stock valued at $2,023,000 after acquiring an additional 53,400 shares in the last quarter. Douglass Winthrop Advisors LLC lifted its position in WillScot Mobile Mini by 32.4% during the third 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 during the last quarter. First Sabrepoint Capital Management LP lifted its position in WillScot Mobile Mini by 17.5% during the third quarter. First Sabrepoint Capital Management LP now owns 238,143 shares of the company’s stock valued at $8,954,000 after purchasing an additional 35,492 shares during the last quarter. Bislett Management LLC lifted its position in WillScot Mobile Mini by 3.1% during the third quarter. Bislett Management LLC now owns 1,170,000 shares of the company’s stock valued at $43,992,000 after purchasing an additional 35,000 shares during the last quarter. Finally, Swedbank AB lifted its position in WillScot Mobile Mini by 229.2% during the third quarter. Swedbank AB now owns 3,226,000 shares of the company’s stock valued at $121,298,000 after purchasing an additional 2,246,000 shares during the last quarter. Hedge funds and other institutional investors own 95.81% of the company’s stock.

WillScot Mobile Mini Stock Down 2.1 %

Shares of NASDAQ WSC opened at $35.12 on Monday. 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 firm’s fifty day moving average is $37.30 and its 200 day moving average is $37.90. The company has a market cap of $6.49 billion, a price-to-earnings ratio of 319.30, a PEG ratio of 2.12 and a beta of 1.38.

WillScot Mobile Mini (NASDAQ:WSC) last issued 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). WillScot Mobile Mini had a return on equity of 23.97% and a net margin of 1.05%. The firm had revenue of $601.43 million during the quarter, compared to analysts’ expectations of $617.83 million. During the same period in the previous year, the firm earned $0.46 earnings per share. The firm’s quarterly revenue was down .6% compared to the same quarter last year. On average, equities research analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.53 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Barclays dropped their target price 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 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. Baird R W lowered shares of WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 24th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of WillScot Mobile Mini from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $46.00 to $35.00 in a report on Thursday, October 31st. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $45.00.

Insider Buying and Selling

In other WillScot Mobile Mini news, CAO Sally J. Shanks sold 14,059 shares of the business’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 transaction, the chief accounting officer now directly owns 26,113 shares of the company’s stock, valued at approximately $905,859.97. The trade was a 35.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Bradley Lee Soultz acquired 5,000 shares of WillScot Mobile Mini stock in a transaction on Wednesday, September 18th. The shares were bought at an average cost 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 in the company, valued at approximately $5,833,263.42. This trade represents a 3.46 % increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 20,000 shares of company stock valued at $728,750 and have sold 36,959 shares valued at $1,382,636. 3.30% of the stock is owned by insiders.

WillScot Mobile Mini 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.