Bradley Lee Soultz Acquires 5,000 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Stock

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) CEO Bradley Lee Soultz bought 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 7th. The stock was purchased at an average price of $38.44 per share, for a total transaction of $192,200.00. Following the acquisition, the chief executive officer now directly owns 157,771 shares in the company, valued at $6,064,717.24. The purchase was disclosed in a legal filing with the SEC, which is available through this link.

Bradley Lee Soultz also recently made the following trade(s):

• On Monday, March 4th, Bradley Lee Soultz acquired 5,000 shares of WillScot Mobile Mini stock. The shares were acquired at an average cost of $47.76 per share, with a total value of $238,800.00.

WillScot Mobile Mini Trading Up 0.4 %

Shares of NASDAQ WSC opened at $39.34 on Thursday. WillScot Mobile Mini Holdings Corp. has a 1-year low of $34.40 and a 1-year high of $52.16. The company has a current ratio of 0.97, a quick ratio of 0.89 and a debt-to-equity ratio of 2.63. The company has a 50-day moving average of $42.89 and a two-hundred day moving average of $43.01. The company has a market cap of $7.47 billion, a PE ratio of 24.28, a P/E/G ratio of 0.93 and a beta of 1.36.

WillScot Mobile Mini (NASDAQ:WSC) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.04). The firm had revenue of $587.18 million during the quarter, compared to the consensus estimate of $579.98 million. WillScot Mobile Mini had a net margin of 13.48% and a return on equity of 24.14%. WillScot Mobile Mini’s revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.36 EPS. As a group, equities analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.93 earnings per share for the current fiscal year.

Analyst Ratings Changes

WSC has been the topic of a number of research reports. Barclays boosted their target price on shares of WillScot Mobile Mini from $50.00 to $60.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 28th. Jefferies Financial Group cut WillScot Mobile Mini from a “buy” rating to a “hold” rating and reduced their target price for the stock from $58.00 to $42.00 in a research report on Monday, April 1st. DA Davidson dropped their price objective on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating for the company in a research note on Tuesday. Stifel Nicolaus decreased their target price on shares of WillScot Mobile Mini from $58.00 to $50.00 and set a “buy” rating on the stock in a research report on Thursday, April 4th. Finally, Wells Fargo & Company increased their price target on shares of WillScot Mobile Mini from $55.00 to $57.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 21st. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $51.00.

Institutional Investors Weigh In On WillScot Mobile Mini

Several institutional investors have recently modified their holdings of WSC. Ameriprise Financial Inc. lifted its stake in WillScot Mobile Mini by 11.3% in the third quarter. Ameriprise Financial Inc. now owns 6,841,154 shares of the company’s stock valued at $284,523,000 after buying an additional 692,784 shares during the period. Franklin Resources Inc. raised its position in shares of WillScot Mobile Mini by 149.9% in the 4th quarter. Franklin Resources Inc. now owns 6,751,072 shares of the company’s stock valued at $300,423,000 after acquiring an additional 4,049,872 shares during the period. Clearbridge Investments LLC boosted its stake in WillScot Mobile Mini by 3.5% during the 4th quarter. Clearbridge Investments LLC now owns 5,807,486 shares of the company’s stock worth $258,433,000 after acquiring an additional 198,098 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in WillScot Mobile Mini by 3.2% during the third quarter. JPMorgan Chase & Co. now owns 4,002,566 shares of the company’s stock valued at $166,467,000 after purchasing an additional 124,755 shares during the period. Finally, Boston Partners bought a new stake in WillScot Mobile Mini in the fourth quarter valued at approximately $145,583,000. Institutional investors and hedge funds own 95.81% of the company’s stock.

About WillScot Mobile Mini

WillScot Mobile Mini Holdings Corp. 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.