Victory Capital Management Inc. cut its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC – Get Rating) by 54.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 155,720 shares of the company’s stock after selling 186,635 shares during the period. Victory Capital Management Inc. owned approximately 0.07% of WillScot Mobile Mini worth $7,111,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. American Century Companies Inc. increased its holdings in WillScot Mobile Mini by 13.5% in the 1st quarter. American Century Companies Inc. now owns 13,824 shares of the company’s stock worth $541,000 after acquiring an additional 1,643 shares in the last quarter. Bank of Montreal Can raised its position in shares of WillScot Mobile Mini by 192.4% during the 1st quarter. Bank of Montreal Can now owns 19,084 shares of the company’s stock worth $763,000 after purchasing an additional 12,557 shares during the last quarter. Rhumbline Advisers lifted 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 worth about $633,000. Finally, Baird Financial Group Inc. boosted its holdings 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 worth $4,681,000 after buying an additional 4,380 shares during the last quarter. Hedge funds and other institutional investors own 97.25% of the company’s stock.
Insider Buying and Selling
In other WillScot Mobile Mini news, CEO Bradley Lee Soultz bought 5,000 shares of WillScot Mobile Mini stock in a transaction on Monday, February 27th. The shares were bought at an average price of $50.47 per share, for a total transaction of $252,350.00. Following the completion of the transaction, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at $504,700. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, Director Erika T. Davis bought 2,950 shares of the company’s stock in a transaction that occurred on Monday, February 27th. The stock was purchased at an average price of $50.65 per share, for a total transaction of $149,417.50. Following the acquisition, the director now owns 6,313 shares of the company’s stock, valued at $319,753.45. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Bradley Lee Soultz purchased 5,000 shares of the firm’s stock in a transaction on Monday, February 27th. The shares were purchased at an average price of $50.47 per share, for a total transaction of $252,350.00. Following the completion of the purchase, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at $504,700. The disclosure for this purchase can be found here. Over the last three months, insiders acquired 12,950 shares of company stock worth $624,868. Company insiders own 3.10% of the company’s stock.
WillScot Mobile Mini Price Performance
WillScot Mobile Mini (NASDAQ:WSC – Get Rating) last announced its quarterly earnings results on Tuesday, February 21st. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.04. WillScot Mobile Mini had a net margin of 21.32% and a return on equity of 20.32%. The business had revenue of $590.55 million during the quarter, compared to the consensus estimate of $587.95 million. Analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.84 earnings per share for the current year.
Analyst Ratings Changes
Several equities analysts have recently weighed in on the company. William Blair began coverage on WillScot Mobile Mini in a research report on Wednesday, February 8th. They issued an “outperform” rating on the stock. Oppenheimer upped their target price on shares of WillScot Mobile Mini from $51.00 to $53.00 and gave the stock an “outperform” rating in a report on Thursday, February 23rd. Morgan Stanley decreased their price target on shares of 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. Robert W. Baird upped their price objective on shares of WillScot Mobile Mini from $50.00 to $55.00 in a research note on Thursday, April 27th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of WillScot Mobile Mini from $54.00 to $56.00 in a research note on Friday, April 28th. Six investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $54.83.
WillScot Mobile Mini Company Profile
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.
Read More
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