WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Acquired by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC increased its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 4.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,210 shares of the company’s stock after buying an additional 936 shares during the period. Verdence Capital Advisors LLC’s holdings in WillScot Mobile Mini were worth $760,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in WSC. Envestnet Portfolio Solutions Inc. increased its position in shares of WillScot Mobile Mini by 7.4% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 18,821 shares of the company’s stock worth $875,000 after acquiring an additional 1,293 shares during the last quarter. PFG Advisors grew its stake in WillScot Mobile Mini by 28.5% during the 1st quarter. PFG Advisors now owns 5,953 shares of the company’s stock valued at $277,000 after purchasing an additional 1,320 shares in the last quarter. Oppenheimer & Co. Inc. increased its holdings in WillScot Mobile Mini by 15.1% during the 1st quarter. Oppenheimer & Co. Inc. now owns 6,282 shares of the company’s stock worth $292,000 after purchasing an additional 825 shares during the last quarter. Sei Investments Co. raised its position in shares of WillScot Mobile Mini by 74.4% in the 1st quarter. Sei Investments Co. now owns 640,720 shares of the company’s stock valued at $29,793,000 after purchasing an additional 273,431 shares in the last quarter. Finally, Headlands Technologies LLC purchased a new position in shares of WillScot Mobile Mini during the 1st quarter valued at approximately $340,000. Institutional investors and hedge funds own 95.81% of the company’s stock.

Insiders Place Their Bets

In other WillScot Mobile Mini news, CEO Bradley Lee Soultz purchased 5,000 shares of the business’s stock in a transaction dated Wednesday, September 18th. The shares were bought at an average price of $38.97 per share, with a total value of $194,850.00. Following the completion of the acquisition, the chief executive officer now owns 149,686 shares in the company, valued at approximately $5,833,263.42. This represents a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 3.30% of the stock is owned by insiders.

WillScot Mobile Mini Trading Down 1.2 %

Shares of NASDAQ WSC opened at $39.19 on Monday. The company has a market cap of $7.24 billion, a price-to-earnings ratio of 356.31, a price-to-earnings-growth ratio of 2.37 and a beta of 1.37. The stock’s 50 day simple moving average is $37.98 and its 200 day simple moving average is $38.27. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42. WillScot Mobile Mini Holdings Corp. has a 12-month low of $32.71 and a 12-month high of $52.16.

WillScot Mobile Mini (NASDAQ:WSC) last announced its quarterly earnings results on Wednesday, October 30th. The company reported $0.38 earnings per share (EPS) 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 firm had revenue of $601.43 million for the quarter, compared to analyst estimates of $617.83 million. During the same period last year, the firm posted $0.46 EPS. The business’s revenue was down .6% compared to the same quarter last year. Equities research analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. DA Davidson cut their price target on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating on the stock in a report on Monday, August 5th. 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 research note on Friday, August 2nd. Stifel Nicolaus decreased their price target on WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Deutsche Bank Aktiengesellschaft cut WillScot Mobile Mini from a “buy” rating to a “hold” rating and cut their price objective for the company from $46.00 to $35.00 in a research note on Thursday, October 31st. Finally, Baird R W lowered WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 24th. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $45.00.

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.