Bradley Lee Soultz Buys 5,000 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Stock

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) CEO Bradley Lee Soultz purchased 5,000 shares of the company’s stock in a transaction on Monday, November 4th. The shares were bought at an average price of $36.38 per share, with a total value of $181,900.00. Following the completion of the transaction, the chief executive officer now owns 144,686 shares of the company’s stock, valued at approximately $5,263,676.68. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.

Bradley Lee Soultz also recently made the following trade(s):

• On Wednesday, September 18th, Bradley Lee Soultz bought 5,000 shares of WillScot Mobile Mini stock. The stock was purchased at an average cost of $38.97 per share, with a total value of $194,850.00.

WillScot Mobile Mini Stock Up 2.7 %

WillScot Mobile Mini stock opened at $37.85 on Wednesday. The stock’s fifty day moving average is $37.90 and its two-hundred day moving average is $38.24. The stock has a market cap of $7.13 billion, a PE ratio of 344.12, a P/E/G ratio of 2.23 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.

WillScot Mobile Mini (NASDAQ:WSC) last posted its earnings results 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). The business had revenue of $601.43 million for the quarter, compared to analysts’ expectations 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 revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.46 EPS. On average, sell-side analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of WSC. Price T Rowe Associates Inc. MD lifted its position in WillScot Mobile Mini by 4.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 11,668,190 shares of the company’s stock valued at $542,572,000 after acquiring an additional 456,674 shares during the last quarter. Clearbridge Investments LLC lifted its holdings in shares of WillScot Mobile Mini by 2.6% in the 2nd quarter. Clearbridge Investments LLC now owns 5,887,128 shares of the company’s stock valued at $221,591,000 after purchasing an additional 148,973 shares during the last quarter. Boston Partners boosted its position in shares of WillScot Mobile Mini by 66.0% in the 1st quarter. Boston Partners now owns 5,434,288 shares of the company’s stock valued at $251,118,000 after purchasing an additional 2,159,958 shares during the period. William Blair Investment Management LLC grew its stake in WillScot Mobile Mini by 102.9% during the 2nd quarter. William Blair Investment Management LLC now owns 4,643,901 shares of the company’s stock worth $174,796,000 after buying an additional 2,355,445 shares during the last quarter. Finally, Bessemer Group Inc. increased its position in WillScot Mobile Mini by 3.2% during the first quarter. Bessemer Group Inc. now owns 4,245,829 shares of the company’s stock worth $197,432,000 after buying an additional 132,503 shares during the period. Institutional investors and hedge funds own 95.81% of the company’s stock.

Wall Street Analyst Weigh In

WSC has been the subject of several recent research reports. Bank of America lowered their price objective on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Deutsche Bank Aktiengesellschaft cut shares of WillScot Mobile Mini from a “buy” rating to a “hold” rating and decreased their price target for the company from $46.00 to $35.00 in a research report on Thursday, October 31st. Baird R W lowered WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 24th. Barclays decreased their target price on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating for the company in a report on Friday, November 1st. Finally, Robert W. Baird lowered their target price on WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating for the company in a research note on Thursday, October 31st. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $45.00.

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.