Atria Wealth Solutions Inc. Purchases New Shares in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Atria Wealth Solutions Inc. purchased a new stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) in the first quarter, Holdings Channel.com reports. The fund purchased 6,996 shares of the company’s stock, valued at approximately $328,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. American Century Companies Inc. increased its position in WillScot Mobile Mini by 13.5% in the first quarter. American Century Companies Inc. now owns 13,824 shares of the company’s stock worth $541,000 after purchasing an additional 1,643 shares during the period. Bank of Montreal Can increased its position in WillScot Mobile Mini by 192.4% in the first quarter. Bank of Montreal Can now owns 19,084 shares of the company’s stock worth $763,000 after purchasing an additional 12,557 shares during the period. Rhumbline Advisers increased its position in WillScot Mobile Mini by 1.1% in the first quarter. Rhumbline Advisers now owns 220,234 shares of the company’s stock worth $8,618,000 after purchasing an additional 2,290 shares during the period. Prudential PLC acquired a new stake in WillScot Mobile Mini in the first quarter worth about $633,000. Finally, Baird Financial Group Inc. increased its position in WillScot Mobile Mini by 3.8% in the first quarter. Baird Financial Group Inc. now owns 119,628 shares of the company’s stock worth $4,681,000 after purchasing an additional 4,380 shares during the period. 95.44% of the stock is owned by institutional investors and hedge funds.

WillScot Mobile Mini Stock Down 0.9 %

Shares of WillScot Mobile Mini stock opened at $42.34 on Monday. The company has a quick ratio of 0.94, a current ratio of 1.02 and a debt-to-equity ratio of 2.11. WillScot Mobile Mini Holdings Corp. has a 12 month low of $37.81 and a 12 month high of $53.46. The business has a fifty day simple moving average of $44.14 and a 200 day simple moving average of $45.11. The stock has a market cap of $8.35 billion, a PE ratio of 17.50, a price-to-earnings-growth ratio of 0.97 and a beta of 1.54.

WillScot Mobile Mini (NASDAQ:WSC) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.02. The business had revenue of $582.10 million during the quarter, compared to analysts’ expectations of $582.79 million. WillScot Mobile Mini had a return on equity of 22.32% and a net margin of 21.93%. The firm’s quarterly revenue was up .1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.32 earnings per share. Research analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.95 EPS for the current year.

Analyst Ratings Changes

Separately, Oppenheimer lifted their price objective on WillScot Mobile Mini from $53.00 to $55.00 in a research report on Wednesday, July 12th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $56.20.

Insiders Place Their Bets

In other WillScot Mobile Mini news, CEO Bradley Lee Soultz bought 5,000 shares of WillScot Mobile Mini stock in a transaction on Thursday, August 17th. The shares were purchased at an average cost of $40.71 per share, for a total transaction of $203,550.00. Following the completion of the acquisition, the chief executive officer now owns 10,000 shares in the company, valued at approximately $407,100. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 3.10% of the company’s stock.

WillScot Mobile Mini Profile

WillScot Mobile Mini Holdings Corp. provides work space and portable storage solutions in the United States, Canada, and Mexico. It operates in two segments, Modular Solutions and Storage Solutions. The company leases modular space and portable storage units to customers in the commercial and industrial, construction, retail and wholesale trade, education, energy and natural resources, government, institutions, healthcare, and other end markets.