AMI Asset Management Corp Sells 1,947 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

AMI Asset Management Corp trimmed its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 5.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,267 shares of the company’s stock after selling 1,947 shares during the period. AMI Asset Management Corp’s holdings in WillScot Mobile Mini were worth $1,113,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. V Square Quantitative Management LLC purchased a new stake in shares of WillScot Mobile Mini during the third quarter worth about $25,000. Hexagon Capital Partners LLC grew its position in WillScot Mobile Mini by 200.0% during the 3rd quarter. Hexagon Capital Partners LLC now owns 900 shares of the company’s stock worth $34,000 after purchasing an additional 600 shares during the last quarter. Financial Management Professionals Inc. acquired a new position in WillScot Mobile Mini during the 3rd quarter valued at approximately $36,000. First Horizon Advisors Inc. raised its holdings in shares of WillScot Mobile Mini by 16.4% in the third quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company’s stock worth $80,000 after buying an additional 302 shares during the last quarter. Finally, KBC Group NV lifted its stake in shares of WillScot Mobile Mini by 14.7% during the third quarter. KBC Group NV now owns 5,110 shares of the company’s stock worth $192,000 after buying an additional 655 shares during the period. 95.81% of the stock is currently owned by institutional investors and hedge funds.

WillScot Mobile Mini Stock Up 0.2 %

WSC stock opened at $36.64 on Tuesday. The firm’s fifty day moving average is $35.71 and its 200 day moving average is $37.19. The firm has a market cap of $6.77 billion, a PE ratio of 333.12, a P/E/G ratio of 1.90 and a beta of 1.40. WillScot Mobile Mini Holdings Corp. has a one year low of $32.57 and a one year high of $52.16. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.82 and a current ratio of 0.90.

WillScot Mobile Mini (NASDAQ:WSC) last announced its quarterly earnings results 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). WillScot Mobile Mini had a net margin of 1.05% and a return on equity of 23.97%. The business had revenue of $601.43 million during the quarter, compared to analysts’ expectations of $617.83 million. During the same quarter in the prior year, the firm earned $0.46 EPS. WillScot Mobile Mini’s revenue for the quarter was down .6% on a year-over-year basis. On average, research analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current year.

Analysts Set New Price Targets

WSC has been the subject of a number of research reports. Robert W. Baird lowered their price target 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. Deutsche Bank Aktiengesellschaft downgraded 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 report on Thursday, October 31st. Barclays dropped their target price on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Friday, November 1st. Baird R W lowered shares of WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 24th. Finally, Morgan Stanley upgraded shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $40.00 to $50.00 in a research note on Tuesday, December 17th. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, WillScot Mobile Mini presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.50.

Insider Activity

In other WillScot Mobile Mini news, EVP Hezron T. Lopez sold 20,000 shares of the stock in a transaction that occurred on Friday, November 8th. The stock was 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 of the company’s stock, valued at $2,280,810.84. This represents a 25.67 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Sally J. Shanks sold 14,059 shares of WillScot Mobile Mini stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $34.69, for a total value 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 $905,859.97. This represents a 35.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have acquired 15,000 shares of company stock worth $533,900 and have sold 36,959 shares worth $1,382,636. Insiders own 3.30% of the company’s stock.

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.