WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Purchased by Hexagon Capital Partners LLC

Hexagon Capital Partners LLC raised its stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 200.0% during the third quarter, Holdings Channel.com reports. The institutional investor owned 900 shares of the company’s stock after buying an additional 600 shares during the period. Hexagon Capital Partners LLC’s holdings in WillScot Mobile Mini were worth $34,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of WSC. Price T Rowe Associates Inc. MD boosted its holdings in shares of WillScot Mobile Mini by 4.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 11,668,190 shares of the company’s stock worth $542,572,000 after purchasing an additional 456,674 shares during the last quarter. Clearbridge Investments LLC boosted its holdings in shares of WillScot Mobile Mini by 2.6% during the second quarter. Clearbridge Investments LLC now owns 5,887,128 shares of the company’s stock worth $221,591,000 after purchasing an additional 148,973 shares during the last quarter. Boston Partners boosted its holdings in shares of WillScot Mobile Mini by 66.0% during the first quarter. Boston Partners now owns 5,434,288 shares of the company’s stock worth $251,118,000 after purchasing an additional 2,159,958 shares during the last quarter. William Blair Investment Management LLC boosted its holdings in shares of WillScot Mobile Mini by 102.9% during the second quarter. William Blair Investment Management LLC now owns 4,643,901 shares of the company’s stock worth $174,796,000 after purchasing an additional 2,355,445 shares during the last quarter. Finally, Bessemer Group Inc. boosted its holdings in shares of WillScot Mobile Mini by 3.2% during the first quarter. Bessemer Group Inc. now owns 4,245,829 shares of the company’s stock worth $197,432,000 after purchasing an additional 132,503 shares during the last quarter. Institutional investors and hedge funds own 95.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on WSC. Bank of America decreased their price objective on WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Barclays cut WillScot Mobile Mini from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $50.00 to $44.00 in a report on Thursday, September 19th. Stifel Nicolaus decreased their price objective on WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. DA Davidson reduced their target price on WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating on the stock in a report on Monday, August 5th. Finally, Oppenheimer reduced their target price on WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating on the stock in a report on Friday, August 2nd. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $47.90.

WillScot Mobile Mini Trading Down 0.7 %

NASDAQ:WSC opened at $36.15 on Friday. The business’s 50-day moving average is $37.42 and its two-hundred day moving average is $39.00. The company has a debt-to-equity ratio of 2.88, a current ratio of 0.91 and a quick ratio of 0.83. WillScot Mobile Mini Holdings Corp. has a 12 month low of $33.23 and a 12 month high of $52.16. The firm has a market capitalization of $6.81 billion, a PE ratio of 38.46, a price-to-earnings-growth ratio of 1.17 and a beta of 1.35.

WillScot Mobile Mini (NASDAQ:WSC) last released its quarterly earnings data on Thursday, August 1st. The company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.01). WillScot Mobile Mini had a net margin of 7.77% and a return on equity of 24.27%. The company had revenue of $604.59 million during the quarter, compared to analysts’ expectations of $614.85 million. During the same period last year, the business earned $0.43 earnings per share. The company’s revenue for the quarter was up 3.9% compared to the same quarter last year. Research analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.76 earnings per share for the current fiscal year.

Insider Transactions at WillScot Mobile Mini

In other WillScot Mobile Mini news, CEO Bradley Lee Soultz bought 5,000 shares of the business’s stock in a transaction on Wednesday, September 18th. The shares were bought at an average cost of $38.97 per share, with a total value of $194,850.00. Following the transaction, the chief executive officer now directly owns 149,686 shares in the company, valued at approximately $5,833,263.42. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 3.30% of the company’s stock.

WillScot Mobile Mini Company 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.