Headlands Technologies LLC Buys 23,632 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Headlands Technologies LLC grew its stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSCFree Report) by 323.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 30,946 shares of the company’s stock after acquiring an additional 23,632 shares during the quarter. Headlands Technologies LLC’s holdings in WillScot Mobile Mini were worth $1,165,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Quarry LP bought a new stake in WillScot Mobile Mini during the 4th quarter valued at about $38,000. TFO Wealth Partners LLC increased its position in shares of WillScot Mobile Mini by 6,578.6% during the fourth quarter. TFO Wealth Partners LLC now owns 935 shares of the company’s stock valued at $42,000 after acquiring an additional 921 shares in the last quarter. Fidelis Capital Partners LLC purchased a new position in WillScot Mobile Mini in the 1st quarter worth approximately $55,000. Summit Securities Group LLC bought a new position in WillScot Mobile Mini in the 2nd quarter valued at approximately $56,000. Finally, CWM LLC boosted its stake in WillScot Mobile Mini by 80.3% during the 2nd quarter. CWM LLC now owns 1,635 shares of the company’s stock valued at $62,000 after purchasing an additional 728 shares during the last quarter. Hedge funds and other institutional investors own 95.81% of the company’s stock.

WillScot Mobile Mini Trading Up 3.5 %

Shares of WillScot Mobile Mini stock opened at $37.80 on Wednesday. The company has a debt-to-equity ratio of 2.88, a current ratio of 0.91 and a quick ratio of 0.83. The stock has a market capitalization of $7.12 billion, a PE ratio of 23.33, a P/E/G ratio of 1.25 and a beta of 1.36. WillScot Mobile Mini Holdings Corp. has a 1-year low of $33.23 and a 1-year high of $52.16. The company’s fifty day simple moving average is $37.87 and its 200-day simple moving average is $40.16.

WillScot Mobile Mini (NASDAQ:WSCGet Free Report) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.01). WillScot Mobile Mini had a return on equity of 24.27% and a net margin of 7.77%. The company had revenue of $604.59 million during the quarter, compared to analysts’ expectations of $614.85 million. During the same quarter in the previous year, the company earned $0.43 EPS. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. As a group, equities analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.76 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on WSC. Oppenheimer lowered their price target on WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating on the stock in a report on Friday, August 2nd. Bank of America lowered their target price on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating on the stock in a research note on Friday, August 2nd. Stifel Nicolaus decreased their price objective 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 lowered their price objective on shares of WillScot Mobile Mini from $60.00 to $50.00 and set an “overweight” rating on the stock in a research report on Monday, August 5th. Finally, DA Davidson cut their target price on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating for the company in a research report on Monday, August 5th. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $48.50.

Get Our Latest Report on WSC

WillScot Mobile Mini Profile

(Free Report)

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.

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

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