WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Sold by King Luther Capital Management Corp

King Luther Capital Management Corp lessened its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 20.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 31,582 shares of the company’s stock after selling 8,284 shares during the period. King Luther Capital Management Corp’s holdings in WillScot Mobile Mini were worth $1,187,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of WSC. V Square Quantitative Management LLC acquired a new position in WillScot Mobile Mini during the third quarter worth about $25,000. Hexagon Capital Partners LLC grew its position in shares of WillScot Mobile Mini by 200.0% in the third quarter. Hexagon Capital Partners LLC now owns 900 shares of the company’s stock valued at $34,000 after purchasing an additional 600 shares in the last quarter. Financial Management Professionals Inc. acquired a new stake in shares of WillScot Mobile Mini in the third quarter valued at approximately $36,000. Summit Securities Group LLC purchased a new position in WillScot Mobile Mini during the second quarter worth approximately $56,000. Finally, CWM LLC grew its holdings in WillScot Mobile Mini by 80.3% in the 2nd quarter. CWM LLC now owns 1,635 shares of the company’s stock valued at $62,000 after buying an additional 728 shares in the last quarter. Hedge funds and other institutional investors own 95.81% of the company’s stock.

Insider Activity at WillScot Mobile Mini

In related news, EVP Hezron T. Lopez sold 20,000 shares of WillScot Mobile Mini stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $39.38, for a total value of $787,600.00. Following the completion of the transaction, the executive vice president now owns 57,918 shares in the company, valued at $2,280,810.84. The trade was a 25.67 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Gerard E. Holthaus acquired 5,000 shares of the company’s stock in a transaction on Tuesday, November 19th. The stock was purchased at an average cost of $34.99 per share, for a total transaction of $174,950.00. Following the completion of the transaction, the director now owns 411,221 shares in the company, valued at approximately $14,388,622.79. The trade was a 1.23 % increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 20,000 shares of company stock worth $728,750. Company insiders own 3.30% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Barclays reduced their price target on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating on the stock in a report on Friday, November 1st. DA Davidson dropped 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. Baird R W lowered shares of WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 24th. Oppenheimer cut their target price on WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating for the company in a research note on Friday, August 2nd. Finally, Bank of America lowered their price target on WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating for the company in a report on Friday, August 2nd. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $45.00.

WillScot Mobile Mini Stock Up 2.4 %

Shares of NASDAQ:WSC opened at $36.30 on Friday. The firm has a market capitalization of $6.71 billion, a PE ratio of 330.03, a price-to-earnings-growth ratio of 2.14 and a beta of 1.37. 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 debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82. The firm’s 50-day moving average is $37.62 and its two-hundred day moving average is $38.14.

WillScot Mobile Mini (NASDAQ:WSC) last released 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). The business 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 quarterly revenue was down .6% compared to the same quarter last year. During the same quarter last year, the company earned $0.46 earnings per share. Analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current year.

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.