WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Stock Holdings Lifted by Bislett Management LLC

Bislett Management LLC raised its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 3.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,170,000 shares of the company’s stock after purchasing an additional 35,000 shares during the period. WillScot Mobile Mini accounts for 29.5% of Bislett Management LLC’s holdings, making the stock its biggest position. Bislett Management LLC’s holdings in WillScot Mobile Mini were worth $43,992,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Norden Group LLC boosted its holdings in shares of WillScot Mobile Mini by 51.4% in the 1st quarter. Norden Group LLC now owns 8,579 shares of the company’s stock worth $399,000 after buying an additional 2,911 shares during the last quarter. Fidelis Capital Partners LLC purchased a new stake in shares of WillScot Mobile Mini during the 1st quarter worth approximately $55,000. Envestnet Portfolio Solutions Inc. raised its holdings in shares of 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 during the period. Quantbot Technologies LP increased its position in WillScot Mobile Mini by 68.0% in the first quarter. Quantbot Technologies LP now owns 80,257 shares of the company’s stock worth $3,732,000 after buying an additional 32,488 shares during the last quarter. Finally, PFG Advisors raised its stake in shares of WillScot Mobile Mini by 28.5% in the first quarter. PFG Advisors now owns 5,953 shares of the company’s stock valued at $277,000 after buying an additional 1,320 shares during the period. 95.81% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at WillScot Mobile Mini

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

Wall Street Analyst Weigh In

Several research firms have commented on WSC. Oppenheimer dropped their price objective on shares of WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating on the stock in a report on Friday, August 2nd. DA Davidson reduced their price objective 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. Stifel Nicolaus cut their price target on shares of WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating for the company in a report on Friday, August 2nd. Barclays decreased their price target on shares of WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating on the stock in a report on Friday. Finally, Robert W. Baird decreased their target price on WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating on the stock in a research note on Thursday, October 31st. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $45.00.

WillScot Mobile Mini Trading Up 0.4 %

Shares of WSC traded up $0.14 during trading hours on Tuesday, hitting $37.00. The company had a trading volume of 48,438 shares, compared to its average volume of 2,182,878. The stock’s 50 day moving average price is $37.92 and its 200 day moving average price is $38.25. 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 Holdings Corp. has a 52-week low of $32.71 and a 52-week high of $52.16. The firm has a market cap of $6.97 billion, a P/E ratio of 340.94, a P/E/G ratio of 1.59 and a beta of 1.37.

WillScot Mobile Mini (NASDAQ:WSC) last issued its earnings results on Wednesday, October 30th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.10). The firm had revenue of $601.43 million during the quarter, compared to analysts’ expectations of $617.83 million. WillScot Mobile Mini had a return on equity of 23.97% and a net margin of 1.05%. The firm’s quarterly revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.46 earnings per share. On average, research analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current year.

WillScot Mobile Mini 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.