Buck Wealth Strategies LLC Trims Position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Buck Wealth Strategies LLC trimmed its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 10.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,857 shares of the company’s stock after selling 8,709 shares during the quarter. Buck Wealth Strategies LLC’s holdings in WillScot Mobile Mini were worth $2,890,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of WSC. Baupost Group LLC MA bought a new position in WillScot Mobile Mini during the 2nd quarter worth approximately $92,971,000. William Blair Investment Management LLC lifted its position 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 valued at $174,796,000 after acquiring an additional 2,355,445 shares during the period. Swedbank AB grew its stake 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 worth $121,298,000 after acquiring an additional 2,246,000 shares during the last quarter. Boston Partners raised 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 worth $251,118,000 after purchasing an additional 2,159,958 shares during the last quarter. Finally, Capital Research Global Investors boosted its stake in WillScot Mobile Mini by 112.0% in the 1st quarter. Capital Research Global Investors now owns 3,906,011 shares of the company’s stock worth $181,630,000 after purchasing an additional 2,063,746 shares in the last quarter. Hedge funds and other institutional investors own 95.81% of the company’s stock.

WillScot Mobile Mini Stock Performance

WillScot Mobile Mini stock opened at $37.65 on Wednesday. The company’s 50-day moving average is $37.97 and its 200 day moving average is $38.28. The firm has a market capitalization of $6.96 billion, a P/E ratio of 342.30, a price-to-earnings-growth ratio of 2.30 and a beta of 1.37. 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 Holdings Corp. has a 1-year low of $32.71 and a 1-year high of $52.16.

WillScot Mobile Mini (NASDAQ:WSC) last posted its quarterly 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 company had revenue of $601.43 million for the quarter, compared to the consensus estimate of $617.83 million. WillScot Mobile Mini had a net margin of 1.05% and a return on equity of 23.97%. The business’s revenue was down .6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.46 EPS. Research analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current year.

Insider Buying and Selling at WillScot Mobile Mini

In other news, CEO Bradley Lee Soultz acquired 5,000 shares of the business’s stock in a transaction dated Wednesday, September 18th. The shares were purchased at an average price of $38.97 per share, with a total value of $194,850.00. Following the transaction, the chief executive officer now directly owns 149,686 shares in the company, valued at approximately $5,833,263.42. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other WillScot Mobile Mini news, EVP Hezron T. Lopez sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $39.38, for a total transaction of $787,600.00. Following the transaction, the executive vice president now owns 57,918 shares in the company, valued at approximately $2,280,810.84. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Bradley Lee Soultz purchased 5,000 shares of the company’s stock in a transaction on Wednesday, September 18th. The shares were purchased at an average price of $38.97 per share, for a total transaction of $194,850.00. Following the purchase, the chief executive officer now owns 149,686 shares in the company, valued at approximately $5,833,263.42. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders own 3.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on WSC. Robert W. Baird decreased their target price on WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, October 31st. DA Davidson cut their price objective on WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating for the company in a research note on Monday, August 5th. 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. Oppenheimer reduced their price objective on shares of WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating for the company in a research note on Friday, August 2nd. Finally, Bank of America decreased their target price on 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. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average 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.