TimesSquare Capital Management LLC Decreases Stock Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

TimesSquare Capital Management LLC lessened its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 9.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 917,431 shares of the company’s stock after selling 101,273 shares during the quarter. TimesSquare Capital Management LLC’s holdings in WillScot Mobile Mini were worth $34,495,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in WSC. Envestnet Portfolio Solutions Inc. grew its position in shares of WillScot Mobile Mini by 7.4% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 18,821 shares of the company’s stock worth $875,000 after buying an additional 1,293 shares during the last quarter. PFG Advisors increased its position in shares of WillScot Mobile Mini by 28.5% during the first quarter. PFG Advisors now owns 5,953 shares of the company’s stock worth $277,000 after purchasing an additional 1,320 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in shares of WillScot Mobile Mini by 15.1% during the 1st quarter. Oppenheimer & Co. Inc. now owns 6,282 shares of the company’s stock valued at $292,000 after purchasing an additional 825 shares during the last quarter. Sei Investments Co. boosted its position in shares of WillScot Mobile Mini by 74.4% in the 1st quarter. Sei Investments Co. now owns 640,720 shares of the company’s stock worth $29,793,000 after purchasing an additional 273,431 shares in the last quarter. Finally, Headlands Technologies LLC purchased a new position in WillScot Mobile Mini during the 1st quarter worth $340,000. 95.81% of the stock is currently owned by institutional investors.

Insider Transactions at WillScot Mobile Mini

In related news, CEO Bradley Lee Soultz bought 5,000 shares of the business’s stock in a transaction dated Monday, November 4th. The stock was acquired at an average price of $36.38 per share, with a total value of $181,900.00. Following the completion of the purchase, the chief executive officer now directly owns 144,686 shares of the company’s stock, valued at approximately $5,263,676.68. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 3.30% of the company’s stock.

WillScot Mobile Mini Stock Performance

Shares of NASDAQ WSC opened at $39.19 on Friday. The company has a market capitalization of $7.24 billion, a PE ratio of 356.31, a price-to-earnings-growth ratio of 2.37 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. The company’s fifty day moving average price is $37.98 and its 200 day moving average price is $38.27. WillScot Mobile Mini Holdings Corp. has a 1 year low of $32.71 and a 1 year high of $52.16.

WillScot Mobile Mini (NASDAQ:WSC) last posted its earnings results on Wednesday, October 30th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.10). The firm had revenue of $601.43 million for the quarter, compared to analysts’ expectations of $617.83 million. WillScot Mobile Mini had a return on equity of 23.97% and a net margin of 1.05%. The company’s revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the company 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 year.

Analyst Ratings Changes

A number of research firms have commented on WSC. Stifel Nicolaus decreased their price target on WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. DA Davidson decreased their price objective on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating for the company in a research report on Monday, August 5th. Baird R W downgraded shares of WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 24th. Bank of America cut their price target on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating on the stock in a research note on Friday, August 2nd. Finally, Barclays dropped their price objective on shares of 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. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, WillScot Mobile Mini has a consensus rating of “Hold” and a consensus target price of $45.00.

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.