Sciencast Management LP Acquires Shares of 33,915 WillScot Corp (NASDAQ:WSC)

Sciencast Management LP acquired a new stake in shares of WillScot Corp (NASDAQ:WSC) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 33,915 shares of the company’s stock, valued at approximately $414,000.

Several other institutional investors have also recently bought and sold shares of WSC. Nisa Investment Advisors LLC bought a new position in WillScot during the 1st quarter valued at approximately $37,000. Tower Research Capital LLC TRC purchased a new position in shares of WillScot during the first quarter valued at approximately $62,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of WillScot by 53.0% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,847 shares of the company’s stock valued at $79,000 after acquiring an additional 2,719 shares in the last quarter. Aperio Group LLC bought a new position in shares of WillScot during the first quarter valued at approximately $114,000. Finally, Mackay Shields LLC purchased a new stake in WillScot in the first quarter worth $120,000.

Shares of NASDAQ:WSC opened at $15.06 on Friday. The business has a fifty day moving average price of $13.92 and a 200-day moving average price of $14.07. The company has a debt-to-equity ratio of 2.39, a current ratio of 0.93 and a quick ratio of 0.88. The company has a market capitalization of $1.79 billion, a PE ratio of -376.50, a PEG ratio of 1.54 and a beta of 1.97. WillScot Corp has a 1-year low of $7.45 and a 1-year high of $19.79.

WillScot (NASDAQ:WSC) last announced its quarterly earnings data on Friday, May 1st. The company reported $0.09 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.08 by $0.01. The company had revenue of $255.82 million for the quarter, compared to the consensus estimate of $260.90 million. WillScot had a negative net margin of 0.41% and a positive return on equity of 4.36%. On average, sell-side analysts anticipate that WillScot Corp will post 0.65 earnings per share for the current fiscal year.

Several research analysts have commented on WSC shares. Bank of America restated a “buy” rating and issued a $17.00 price objective on shares of WillScot in a report on Thursday, May 28th. Morgan Stanley initiated coverage on shares of WillScot in a research note on Tuesday, July 21st. They issued an “overweight” rating and a $19.00 price target for the company. Stifel Nicolaus initiated coverage on shares of WillScot in a report on Tuesday, June 30th. They issued a “buy” rating and a $19.00 price objective for the company. Credit Suisse Group upped their target price on WillScot from $18.00 to $21.00 and gave the stock an “outperform” rating in a report on Thursday, July 2nd. Finally, Deutsche Bank assumed coverage on WillScot in a research note on Thursday, July 2nd. They issued a “buy” rating and a $16.00 price target on the stock. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. WillScot has an average rating of “Buy” and a consensus target price of $18.22.

About WillScot

Willscot Corp. operates as a holding company, which engages in the provision of modular space and portable storage markets. Its services include furniture rental, transportation and logistics, storage & facilities services and commercial real estate. The company was founded by Albert Vaughn Williams in 1944 and is headquartered in Baltimore, MD.

See Also: What does the Dogs of the Dow mean?

Want to see what other hedge funds are holding WSC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for WillScot Corp (NASDAQ:WSC).

Institutional Ownership by Quarter for WillScot (NASDAQ:WSC)

Receive News & Ratings for WillScot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WillScot and related companies with MarketBeat.com's FREE daily email newsletter.