Public Employees Retirement System of Ohio Has $2.57 Million Stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Public Employees Retirement System of Ohio reduced its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 4.5% in the 3rd quarter, Holdings Channel reports. The firm owned 68,228 shares of the company’s stock after selling 3,226 shares during the period. Public Employees Retirement System of Ohio’s holdings in WillScot Mobile Mini were worth $2,565,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in WSC. Sunbelt Securities Inc. increased its stake in shares of WillScot Mobile Mini by 15,389.0% in the second quarter. Sunbelt Securities Inc. now owns 53,747 shares of the company’s stock worth $2,023,000 after purchasing an additional 53,400 shares during the period. Douglass Winthrop Advisors LLC increased its position in WillScot Mobile Mini by 32.4% in the 3rd quarter. Douglass Winthrop Advisors LLC now owns 165,143 shares of the company’s stock worth $6,209,000 after buying an additional 40,393 shares during the period. Bislett Management LLC lifted its holdings in shares of WillScot Mobile Mini by 3.1% during the third quarter. Bislett Management LLC now owns 1,170,000 shares of the company’s stock worth $43,992,000 after buying an additional 35,000 shares during the last quarter. Swedbank AB boosted its position in shares of WillScot Mobile Mini by 229.2% in the third quarter. Swedbank AB now owns 3,226,000 shares of the company’s stock valued at $121,298,000 after acquiring an additional 2,246,000 shares during the period. Finally, Clearbridge Investments LLC boosted its position in shares of WillScot Mobile Mini by 2.6% in the second quarter. Clearbridge Investments LLC now owns 5,887,128 shares of the company’s stock valued at $221,591,000 after acquiring an additional 148,973 shares during the period. Institutional investors own 95.81% of the company’s stock.

WillScot Mobile Mini Stock Up 3.6 %

Shares of NASDAQ:WSC opened at $36.48 on Wednesday. The company’s fifty day moving average is $37.26 and its 200-day moving average is $37.84. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.82 and a current ratio of 0.90. WillScot Mobile Mini Holdings Corp. has a 52 week low of $32.71 and a 52 week high of $52.16. The company has a market capitalization of $6.74 billion, a PE ratio of 331.64, a P/E/G ratio of 2.12 and a beta of 1.38.

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

Insider Buying and Selling at WillScot Mobile Mini

In other WillScot Mobile Mini news, CAO Sally J. Shanks sold 14,059 shares of the firm’s stock in a transaction dated 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 sale, the chief accounting officer now owns 26,113 shares in the company, valued at approximately $905,859.97. This trade represents a 35.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Bradley Lee Soultz bought 5,000 shares of WillScot Mobile Mini stock in a transaction dated Monday, November 4th. The shares were bought at an average price of $36.38 per share, for a total transaction of $181,900.00. Following the completion of the transaction, the chief executive officer now directly owns 144,686 shares of the company’s stock, valued at $5,263,676.68. This represents a 3.58 % increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 15,000 shares of company stock worth $533,900 and sold 36,959 shares worth $1,382,636. Corporate insiders own 3.30% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Baird R W cut shares of WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 24th. Barclays cut their price objective on shares of WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating for the company in a research report on Friday, November 1st. Robert W. Baird lowered their price target 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. Morgan Stanley raised WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $40.00 to $50.00 in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft lowered WillScot Mobile Mini from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $46.00 to $35.00 in a report on Thursday, October 31st. Five analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $45.50.

About WillScot Mobile Mini

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.