B. Metzler seel. Sohn & Co. Holding AG Purchases Shares of 117,507 WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 117,507 shares of the company’s stock, valued at approximately $4,418,000. B. Metzler seel. Sohn & Co. Holding AG owned about 0.06% of WillScot Mobile Mini at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sunbelt Securities Inc. increased its holdings in WillScot Mobile Mini by 15,389.0% during the 2nd quarter. Sunbelt Securities Inc. now owns 53,747 shares of the company’s stock worth $2,023,000 after purchasing an additional 53,400 shares during the last quarter. Swedbank AB raised its holdings in WillScot Mobile Mini by 15.7% in the second quarter. Swedbank AB now owns 980,000 shares of the company’s stock valued at $36,887,000 after acquiring an additional 133,000 shares in the last quarter. Hood River Capital Management LLC grew its holdings in WillScot Mobile Mini by 81.2% during the 1st quarter. Hood River Capital Management LLC now owns 73,405 shares of the company’s stock worth $3,413,000 after acquiring an additional 32,900 shares in the last quarter. Shell Asset Management Co. bought a new stake in shares of WillScot Mobile Mini in the 1st quarter worth about $670,000. Finally, Bislett Management LLC raised its stake in shares of WillScot Mobile Mini by 3.1% in the 3rd quarter. Bislett Management LLC now owns 1,170,000 shares of the company’s stock valued at $43,992,000 after purchasing an additional 35,000 shares in the last quarter. Institutional investors and hedge funds own 95.81% of the company’s stock.

WillScot Mobile Mini Stock Performance

WSC opened at $34.93 on Thursday. WillScot Mobile Mini Holdings Corp. has a 1-year low of $32.71 and a 1-year high of $52.16. The company has a market capitalization of $6.45 billion, a price-to-earnings ratio of 317.57, a price-to-earnings-growth ratio of 2.13 and a beta of 1.37. The business has a 50 day moving average price of $37.82 and a two-hundred day moving average price of $38.19. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82.

WillScot Mobile Mini (NASDAQ:WSC) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.10). The company had revenue of $601.43 million for the quarter, compared to the consensus estimate of $617.83 million. WillScot Mobile Mini had a return on equity of 23.97% and a net margin of 1.05%. The business’s revenue was down .6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.46 earnings per share. Research analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current fiscal year.

Insider Activity

In related news, CAO Sally J. Shanks sold 14,059 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $34.69, for a total transaction of $487,706.71. Following the completion of the sale, the chief accounting officer now directly owns 26,113 shares in the company, valued at approximately $905,859.97. This trade represents a 35.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Hezron T. Lopez sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $39.38, for a total transaction of $787,600.00. Following the completion of the transaction, the executive vice president now owns 57,918 shares in the company, valued at approximately $2,280,810.84. This represents a 25.67 % decrease in their position. The disclosure for this sale can be found here. Insiders acquired 20,000 shares of company stock worth $728,750 over the last quarter. Corporate insiders own 3.30% of the company’s stock.

Wall Street Analysts Forecast Growth

WSC has been the topic of several research reports. Bank of America cut their price objective on 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. Oppenheimer cut their target price on shares of WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating on the stock in a report on Friday, August 2nd. Baird R W cut WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 24th. Robert W. Baird reduced their price objective on WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, October 31st. Finally, Deutsche Bank Aktiengesellschaft cut shares of WillScot Mobile Mini from a “buy” rating to a “hold” rating and decreased their target price for the stock from $46.00 to $35.00 in a research report on Thursday, October 31st. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $45.00.

About WillScot Mobile Mini

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.