WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) EVP Sells $787,600.00 in Stock

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) EVP Hezron T. Lopez sold 20,000 shares of WillScot Mobile Mini stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $39.38, for a total value of $787,600.00. Following 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 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

WillScot Mobile Mini Trading Down 1.3 %

Shares of WillScot Mobile Mini stock traded down $0.49 during trading on Tuesday, reaching $37.65. 3,168,623 shares of the stock were exchanged, compared to its average volume of 2,267,193. The firm has a market cap of $6.96 billion, a price-to-earnings ratio of 346.76, a price-to-earnings-growth ratio of 2.37 and a beta of 1.37. The stock’s fifty day moving average is $37.97 and its 200 day moving average is $38.28. 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 quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42.

WillScot Mobile Mini (NASDAQ:WSC) last posted its 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). The firm had revenue of $601.43 million for the quarter, compared to analyst estimates of $617.83 million. WillScot Mobile Mini had a return on equity of 23.97% and a net margin of 1.05%. WillScot Mobile Mini’s revenue was down .6% on a year-over-year basis. During the same period in the previous year, the company posted $0.46 EPS. As a group, equities research analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.53 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

WSC has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft downgraded WillScot Mobile Mini from a “buy” rating to a “hold” rating and decreased their price objective for the company from $46.00 to $35.00 in a report on Thursday, October 31st. Stifel Nicolaus dropped their price objective on shares of 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. Oppenheimer decreased their target price on shares of WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating for the company in a research report on Friday, August 2nd. Robert W. Baird decreased their target price on shares of WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating on the stock in a research report on Thursday, October 31st. Finally, Barclays decreased their price objective on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating for the company in a report on Friday, November 1st. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, WillScot Mobile Mini has a consensus rating of “Hold” and an average price target of $45.00.

Institutional Investors Weigh In On WillScot Mobile Mini

Institutional investors have recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. increased its holdings in WillScot Mobile Mini by 7.4% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 18,821 shares of the company’s stock worth $875,000 after purchasing an additional 1,293 shares in the last quarter. Oppenheimer & Co. Inc. boosted its stake in WillScot Mobile Mini by 15.1% during the first quarter. Oppenheimer & Co. Inc. now owns 6,282 shares of the company’s stock worth $292,000 after buying an additional 825 shares during the last quarter. Sei Investments Co. raised its stake in shares of WillScot Mobile Mini by 74.4% during the first quarter. Sei Investments Co. now owns 640,720 shares of the company’s stock worth $29,793,000 after purchasing an additional 273,431 shares during the last quarter. Headlands Technologies LLC acquired a new stake in shares of WillScot Mobile Mini in the first quarter worth $340,000. Finally, US Bancorp DE grew its stake in shares of WillScot Mobile Mini by 3.9% in the 1st quarter. US Bancorp DE now owns 43,591 shares of the company’s stock worth $2,027,000 after purchasing an additional 1,619 shares during the last quarter. 95.81% of the stock is currently owned by institutional investors and hedge funds.

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.