Fisher Asset Management LLC Has $39.22 Million Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Fisher Asset Management LLC raised its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 58.3% during the third quarter, according to its most recent filing with the SEC. The firm owned 1,043,055 shares of the company’s stock after purchasing an additional 384,270 shares during the period. Fisher Asset Management LLC owned 0.56% of WillScot Mobile Mini worth $39,219,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. V Square Quantitative Management LLC acquired a new stake in WillScot Mobile Mini during the third quarter worth approximately $25,000. Hexagon Capital Partners LLC grew its position in shares of 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 buying an additional 600 shares during the period. Financial Management Professionals Inc. bought a new stake in shares of WillScot Mobile Mini in the 3rd quarter valued at $36,000. Summit Securities Group LLC acquired a new position in shares of WillScot Mobile Mini during the 2nd quarter valued at $56,000. Finally, CWM LLC boosted its stake in WillScot Mobile Mini by 80.3% during the second quarter. CWM LLC now owns 1,635 shares of the company’s stock worth $62,000 after acquiring an additional 728 shares in the last quarter. 95.81% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on WSC. Robert W. Baird decreased their price target on shares of WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating for the company in a research note on Thursday, October 31st. Oppenheimer cut their price target on WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating on the stock in a report on Friday, August 2nd. Stifel Nicolaus decreased their price objective on WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating for the company in a report on Friday, August 2nd. Bank of America cut their target price on WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Finally, DA Davidson decreased their price target on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating for the company in a research note on Monday, August 5th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, WillScot Mobile Mini presently has an average rating of “Hold” and a consensus price target of $45.00.

WillScot Mobile Mini Stock Performance

NASDAQ WSC opened at $38.52 on Wednesday. The company’s 50 day moving average is $37.57 and its 200-day moving average is $38.09. The firm has a market cap of $7.12 billion, a P/E ratio of 350.18, a price-to-earnings-growth ratio of 2.19 and a beta of 1.37. WillScot Mobile Mini Holdings Corp. has a 12-month low of $32.71 and a 12-month 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 issued its earnings results on Wednesday, October 30th. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $617.83 million. During the same period in the previous year, the firm earned $0.46 EPS. The company’s revenue was down .6% compared to the same quarter last year. Sell-side analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.53 earnings per share for the current year.

Insiders Place Their Bets

In other WillScot Mobile Mini news, CAO Sally J. Shanks sold 14,059 shares of the firm’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $34.69, for a total value of $487,706.71. Following the completion of the transaction, the chief accounting officer now directly owns 26,113 shares of the company’s stock, valued at $905,859.97. This trade represents a 35.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Gerard E. Holthaus purchased 5,000 shares of WillScot Mobile Mini stock in a transaction dated Tuesday, November 19th. The shares were purchased at an average price of $34.99 per share, with a total value of $174,950.00. Following the completion of the transaction, the director now directly owns 411,221 shares in the company, valued at approximately $14,388,622.79. This represents a 1.23 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased a total of 20,000 shares of company stock worth $728,750 in the last quarter. 3.30% of the stock is owned by company insiders.

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.