Charles Schwab Investment Management Inc. Purchases 38,217 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Charles Schwab Investment Management Inc. grew its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSCFree Report) by 2.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,388,743 shares of the company’s stock after purchasing an additional 38,217 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.72% of WillScot Mobile Mini worth $61,799,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of WSC. Cary Street Partners Investment Advisory LLC grew its position in shares of WillScot Mobile Mini by 3.4% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 8,417 shares of the company’s stock worth $344,000 after buying an additional 275 shares during the period. State Board of Administration of Florida Retirement System raised its holdings in shares of WillScot Mobile Mini by 0.3% during the third quarter. State Board of Administration of Florida Retirement System now owns 109,877 shares of the company’s stock valued at $4,570,000 after purchasing an additional 290 shares during the period. Pathstone Family Office LLC boosted its position in shares of WillScot Mobile Mini by 5.6% during the 3rd quarter. Pathstone Family Office LLC now owns 5,933 shares of the company’s stock worth $247,000 after purchasing an additional 315 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its stake in shares of WillScot Mobile Mini by 8.2% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 5,574 shares of the company’s stock valued at $232,000 after buying an additional 422 shares during the period. Finally, Bourgeon Capital Management LLC increased its position in WillScot Mobile Mini by 1,063.6% in the 4th quarter. Bourgeon Capital Management LLC now owns 640 shares of the company’s stock valued at $28,000 after buying an additional 585 shares in the last quarter. 95.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on WSC shares. Jefferies Financial Group lowered WillScot Mobile Mini from a “buy” rating to a “hold” rating and decreased their target price for the company from $58.00 to $42.00 in a research report on Monday, April 1st. Oppenheimer reaffirmed an “outperform” rating and issued a $53.00 target price (down from $60.00) on shares of WillScot Mobile Mini in a research report on Monday, May 6th. Barclays boosted their target price on WillScot Mobile Mini from $50.00 to $60.00 and gave the company an “overweight” rating in a research report on Wednesday, February 28th. DA Davidson decreased their target price on WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating for the company in a research report on Tuesday, May 7th. Finally, Wells Fargo & Company boosted their target price on WillScot Mobile Mini from $55.00 to $57.00 and gave the company an “overweight” rating in a research report on Wednesday, February 21st. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $51.00.

Read Our Latest Research Report on WillScot Mobile Mini

Insider Activity at WillScot Mobile Mini

In related news, Director Jeffrey Sagansky sold 75,000 shares of the company’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 transaction, the director now owns 2,420,905 shares in the company, valued at $114,992,987.50. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, CEO Bradley Lee Soultz bought 5,000 shares of the company’s stock in a transaction on Tuesday, May 7th. The shares were purchased at an average price of $38.44 per share, for a total transaction of $192,200.00. Following the completion of the transaction, the chief executive officer now directly owns 157,771 shares in the company, valued at approximately $6,064,717.24. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Jeffrey Sagansky sold 75,000 shares of the stock in a transaction 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 owns 2,420,905 shares in the company, valued at approximately $114,992,987.50. The disclosure for this sale can be found here. 3.30% of the stock is owned by company insiders.

WillScot Mobile Mini Stock Performance

Shares of WSC opened at $40.00 on Thursday. WillScot Mobile Mini Holdings Corp. has a 52 week low of $34.40 and a 52 week high of $52.16. The stock has a 50 day moving average price of $42.28 and a two-hundred day moving average price of $43.09. The firm has a market capitalization of $7.61 billion, a P/E ratio of 24.69, a P/E/G ratio of 1.10 and a beta of 1.36. The company has a debt-to-equity ratio of 2.63, a quick ratio of 0.89 and a current ratio of 0.97.

WillScot Mobile Mini (NASDAQ:WSCGet Free Report) last announced its earnings results on Thursday, May 2nd. The company reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.04). WillScot Mobile Mini had a return on equity of 24.14% and a net margin of 13.48%. The business had revenue of $587.18 million during the quarter, compared to analysts’ expectations of $579.98 million. During the same quarter in the previous year, the firm earned $0.36 EPS. WillScot Mobile Mini’s quarterly revenue was up 3.8% on a year-over-year basis. Equities analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.89 earnings per share for the current fiscal year.

WillScot Mobile Mini Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for WillScot Mobile Mini (NASDAQ:WSC)

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