Zurcher Kantonalbank Zurich Cantonalbank Purchases 11,136 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 34.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,151 shares of the company’s stock after purchasing an additional 11,136 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in WillScot Mobile Mini were worth $1,920,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Hexagon Capital Partners LLC bought a new stake in WillScot Mobile Mini in the 3rd quarter valued at $25,000. Bourgeon Capital Management LLC grew its stake in shares of WillScot Mobile Mini by 1,063.6% in the 4th quarter. Bourgeon Capital Management LLC now owns 640 shares of the company’s stock worth $28,000 after buying an additional 585 shares in the last quarter. CWM LLC boosted its stake in shares of WillScot Mobile Mini by 65.5% during the 3rd quarter. CWM LLC now owns 1,291 shares of the company’s stock worth $54,000 after purchasing an additional 511 shares during the period. PFG Advisors purchased a new position in shares of WillScot Mobile Mini during the 4th quarter worth about $206,000. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in shares of WillScot Mobile Mini by 8.2% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 5,574 shares of the company’s stock worth $232,000 after purchasing an additional 422 shares during the period. 95.81% of the stock is currently owned by institutional investors.

WillScot Mobile Mini Trading Up 1.1 %

NASDAQ:WSC opened at $38.19 on Thursday. WillScot Mobile Mini Holdings Corp. has a one year low of $34.40 and a one year high of $52.16. The company has a debt-to-equity ratio of 2.81, a quick ratio of 0.93 and a current ratio of 1.01. The firm has a market cap of $7.25 billion, a P/E ratio of 16.39, a P/E/G ratio of 0.89 and a beta of 1.34. The firm has a 50-day simple moving average of $45.05 and a 200-day simple moving average of $43.26.

WillScot Mobile Mini (NASDAQ:WSC) last posted its quarterly earnings results on Tuesday, February 20th. The company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.09). WillScot Mobile Mini had a net margin of 20.15% and a return on equity of 24.52%. The business had revenue of $612.38 million during the quarter, compared to the consensus estimate of $619.63 million. During the same quarter in the prior year, the firm posted $0.46 EPS. The company’s revenue for the quarter was down .5% compared to the same quarter last year. Equities analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.98 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently commented on WSC shares. Oppenheimer lifted their price target on shares of WillScot Mobile Mini from $55.00 to $57.00 and gave the stock an “outperform” rating in a research note on Friday, January 19th. Barclays lifted their price target on shares of WillScot Mobile Mini from $50.00 to $60.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 28th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of WillScot Mobile Mini from $51.00 to $53.00 and gave the stock a “buy” rating in a research note on Tuesday, January 30th. Morgan Stanley initiated coverage on shares of WillScot Mobile Mini in a research report on Monday, January 8th. They issued an “equal weight” rating and a $45.00 price objective for the company. Finally, Robert W. Baird lowered their price objective on shares of WillScot Mobile Mini from $55.00 to $45.00 and set an “outperform” rating for the company in a research report on Monday. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $51.13.

Insider Activity

In related news, Director Jeffrey Sagansky sold 75,000 shares of the business’s stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $47.50, for a total transaction of $3,562,500.00. Following the completion of the transaction, the director now owns 2,420,905 shares in the company, valued at approximately $114,992,987.50. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, Director Jeffrey Sagansky sold 75,000 shares of the business’s stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $47.50, for a total transaction of $3,562,500.00. Following the completion of the transaction, the director now owns 2,420,905 shares in the company, valued at approximately $114,992,987.50. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Bradley Lee Soultz acquired 5,000 shares of WillScot Mobile Mini stock in a transaction that occurred on Monday, March 4th. The shares were purchased at an average price of $47.76 per share, with a total value of $238,800.00. Following the purchase, the chief executive officer now owns 13,869 shares in the company, valued at $662,383.44. The disclosure for this purchase can be found here. Company insiders own 3.10% 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.