Healthcare of Ontario Pension Plan Trust Fund Makes New Investment in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Posted by on Mar 1st, 2023

Healthcare of Ontario Pension Plan Trust Fund purchased a new position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC – Get Rating) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 14,205 shares of the company’s stock, valued at approximately $573,000.

Several other institutional investors also recently added to or reduced their stakes in the business. American Century Companies Inc. increased its position in shares of WillScot Mobile Mini by 13.5% during the first quarter. American Century Companies Inc. now owns 13,824 shares of the company’s stock valued at $541,000 after purchasing an additional 1,643 shares during the period. Bank of Montreal Can increased its position in shares of WillScot Mobile Mini by 192.4% during the first quarter. Bank of Montreal Can now owns 19,084 shares of the company’s stock valued at $763,000 after purchasing an additional 12,557 shares during the period. Rhumbline Advisers boosted its stake in WillScot Mobile Mini by 1.1% in the 1st quarter. Rhumbline Advisers now owns 220,234 shares of the company’s stock valued at $8,618,000 after buying an additional 2,290 shares in the last quarter. Prudential PLC acquired a new stake in WillScot Mobile Mini in the 1st quarter valued at $633,000. Finally, Baird Financial Group Inc. boosted its stake in WillScot Mobile Mini by 3.8% in the 1st quarter. Baird Financial Group Inc. now owns 119,628 shares of the company’s stock valued at $4,681,000 after buying an additional 4,380 shares in the last quarter. 97.25% of the stock is owned by institutional investors.

Insider Activity at WillScot Mobile Mini

In related news, CEO Bradley Lee Soultz purchased 5,000 shares of WillScot Mobile Mini stock in a transaction that occurred on Monday, February 27th. The stock was purchased at an average cost of $50.47 per share, with a total value of $252,350.00. Following the completion of the transaction, the chief executive officer now owns 10,000 shares of the company’s stock, valued at approximately $504,700. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 2.80% of the company’s stock.

WillScot Mobile Mini Stock Up 0.2 %

NASDAQ:WSC opened at $51.40 on Wednesday. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.85 and a current ratio of 0.93. The company has a market cap of $10.74 billion, a PE ratio of 33.59, a PEG ratio of 1.67 and a beta of 1.54. WillScot Mobile Mini Holdings Corp. has a 52-week low of $30.52 and a 52-week high of $53.45. The stock has a 50-day simple moving average of $47.64 and a 200 day simple moving average of $44.96.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Morgan Stanley decreased their price target on WillScot Mobile Mini from $62.00 to $60.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 14th. Barclays boosted their price target on WillScot Mobile Mini from $50.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday, December 2nd. Robert W. Baird boosted their price target on WillScot Mobile Mini from $53.00 to $60.00 and gave the company an “outperform” rating in a research note on Thursday, February 23rd. Oppenheimer boosted their price target on WillScot Mobile Mini from $51.00 to $53.00 and gave the company an “outperform” rating in a research note on Thursday, February 23rd. Finally, William Blair initiated coverage on WillScot Mobile Mini in a report on Wednesday, February 8th. They issued an “outperform” rating for the company. Six investment analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $54.67.

WillScot Mobile Mini Profile

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WillScot Mobile Mini Holdings Corp. provides modular and portable storage services. The firm offers furniture rental, transportation and logistics, storage & facilities services and commercial real estate services. It offers turnkey office space and storage solutions for temporary applications in the commercial and industrial, construction, retail, education, health care, government, transportation, security and energy sectors.

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Institutional Ownership by Quarter for WillScot Mobile Mini (NASDAQ:WSC)

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