WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Stock Position Lifted by Buck Wealth Strategies LLC

Buck Wealth Strategies LLC increased its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 39.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 107,307 shares of the company’s stock after buying an additional 30,450 shares during the quarter. Buck Wealth Strategies LLC’s holdings in WillScot Mobile Mini were worth $3,589,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in WSC. Creative Planning lifted its position in WillScot Mobile Mini by 21.1% in the second quarter. Creative Planning now owns 11,855 shares of the company’s stock worth $446,000 after purchasing an additional 2,068 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of WillScot Mobile Mini in the second quarter valued at $514,000. Fulton Bank N.A. bought a new position in WillScot Mobile Mini during the third quarter valued at about $264,000. Hexagon Capital Partners LLC grew its holdings 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 acquiring an additional 600 shares during the period. Finally, Reinhart Partners LLC. raised its position in WillScot Mobile Mini by 19.0% in the third quarter. Reinhart Partners LLC. now owns 281,585 shares of the company’s stock worth $10,588,000 after acquiring an additional 45,002 shares in the last quarter. 95.81% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Gerard E. Holthaus bought 5,000 shares of the business’s stock in a transaction on Tuesday, November 19th. The stock was purchased at an average price of $34.99 per share, with a total value of $174,950.00. Following the transaction, the director now directly owns 411,221 shares in the company, valued at approximately $14,388,622.79. The trade was a 1.23 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Graeme Parkes sold 2,900 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $37.01, for a total transaction of $107,329.00. Following the sale, the insider now owns 72,818 shares of the company’s stock, valued at $2,694,994.18. This trade represents a 3.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 36,959 shares of company stock worth $1,382,636. Corporate insiders own 3.30% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on WSC. Robert W. Baird decreased their price target on shares of WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating on the stock in a research report on Thursday, October 31st. 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. Deutsche Bank Aktiengesellschaft lowered shares of WillScot Mobile Mini from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $46.00 to $35.00 in a research note on Thursday, October 31st. Barclays reduced their target price on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating for the company in a report on Friday, November 1st. Finally, Morgan Stanley raised WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $40.00 to $50.00 in a research report on Tuesday, December 17th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, WillScot Mobile Mini presently has a consensus rating of “Moderate Buy” and a consensus price target of $45.50.

WillScot Mobile Mini Stock Performance

WSC stock opened at $35.88 on Thursday. The firm has a 50 day moving average of $36.01 and a two-hundred day moving average of $37.12. WillScot Mobile Mini Holdings Corp. has a 12 month low of $32.57 and a 12 month high of $52.16. The company has a market capitalization of $6.63 billion, a price-to-earnings ratio of 326.21, a P/E/G ratio of 1.93 and a beta of 1.41. 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 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.