WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System lessened its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 2.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 374,896 shares of the company’s stock after selling 9,296 shares during the period. California Public Employees Retirement System owned approximately 0.20% of WillScot Mobile Mini worth $16,683,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CWM LLC increased its holdings in WillScot Mobile Mini by 65.5% in the 3rd quarter. CWM LLC now owns 1,291 shares of the company’s stock valued at $54,000 after purchasing an additional 511 shares in the last quarter. SG Americas Securities LLC grew its stake in WillScot Mobile Mini by 112.9% during the 3rd quarter. SG Americas Securities LLC now owns 9,026 shares of the company’s stock valued at $375,000 after purchasing an additional 4,786 shares in the last quarter. DAVENPORT & Co LLC increased its holdings in WillScot Mobile Mini by 51.7% during the 3rd quarter. DAVENPORT & Co LLC now owns 11,165 shares of the company’s stock worth $464,000 after purchasing an additional 3,804 shares during the last quarter. Deltec Asset Management LLC raised its position in shares of WillScot Mobile Mini by 2.5% in the 3rd quarter. Deltec Asset Management LLC now owns 82,961 shares of the company’s stock valued at $3,450,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Hexagon Capital Partners LLC purchased a new position in shares of WillScot Mobile Mini during the 3rd quarter valued at approximately $25,000. 95.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

WSC has been the subject of a number of research analyst reports. Oppenheimer lifted their price target on shares of WillScot Mobile Mini from $55.00 to $57.00 and gave the stock an “outperform” rating in a research note on Friday, January 19th. Stifel Nicolaus reduced their price target on shares of WillScot Mobile Mini from $58.00 to $50.00 and set a “buy” rating on the stock in a research report on Thursday, April 4th. Morgan Stanley assumed coverage on WillScot Mobile Mini in a report on Monday, January 8th. They issued an “equal weight” rating and a $45.00 price objective for the company. Robert W. Baird reduced their target price on WillScot Mobile Mini from $55.00 to $45.00 and set an “outperform” rating on the stock in a report on Monday, April 22nd. Finally, Wells Fargo & Company boosted their price target on WillScot Mobile Mini from $55.00 to $57.00 and gave the company an “overweight” rating in a report on Wednesday, February 21st. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, WillScot Mobile Mini presently has a consensus rating of “Moderate Buy” and a consensus target price of $51.13.

WillScot Mobile Mini Stock Up 1.1 %

NASDAQ:WSC opened at $39.15 on Tuesday. The company has a current ratio of 1.01, a quick ratio of 0.93 and a debt-to-equity ratio of 2.81. The stock has a 50 day moving average of $44.35 and a 200-day moving average of $43.18. The firm has a market capitalization of $7.44 billion, a PE ratio of 16.80, a price-to-earnings-growth ratio of 0.92 and a beta of 1.34. WillScot Mobile Mini Holdings Corp. has a 52 week low of $34.40 and a 52 week high of $52.16.

WillScot Mobile Mini (NASDAQ:WSC) last released its quarterly earnings data on Tuesday, February 20th. The company reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.09). WillScot Mobile Mini had a net margin of 20.15% and a return on equity of 24.52%. The company had revenue of $612.38 million for the quarter, compared to analyst estimates of $619.63 million. During the same quarter in the prior year, the firm earned $0.46 EPS. The company’s revenue for the quarter was down .5% compared to the same quarter last year. Analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.98 EPS for the current year.

Insider Buying and Selling

In other WillScot Mobile Mini news, Director Jeffrey Sagansky sold 75,000 shares of the business’s stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $47.50, for a total transaction of $3,562,500.00. Following the completion of the transaction, the director now directly owns 2,420,905 shares of the company’s stock, valued at approximately $114,992,987.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Jeffrey Sagansky sold 75,000 shares of the firm’s stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $47.50, for a total value of $3,562,500.00. Following the sale, the director now directly owns 2,420,905 shares in the company, valued at approximately $114,992,987.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Bradley Lee Soultz purchased 5,000 shares of WillScot Mobile Mini stock in a transaction on Monday, March 4th. The shares were acquired at an average price of $47.76 per share, with a total value of $238,800.00. Following the transaction, the chief executive officer now directly owns 13,869 shares in the company, valued at approximately $662,383.44. The disclosure for this purchase can be found here. Corporate insiders own 3.10% of the company’s stock.

WillScot Mobile Mini Company Profile

WillScot Mobile Mini Holdings Corp. 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.