WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Purchased by Osborne Partners Capital Management LLC

Osborne Partners Capital Management LLC raised its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 2.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 160,467 shares of the company’s stock after acquiring an additional 3,303 shares during the quarter. Osborne Partners Capital Management LLC owned approximately 0.08% of WillScot Mobile Mini worth $6,034,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Park Avenue Securities LLC grew its holdings in WillScot Mobile Mini by 17.0% in the first quarter. Park Avenue Securities LLC now owns 12,904 shares of the company’s stock valued at $600,000 after purchasing an additional 1,876 shares during the period. Park Place Capital Corp raised its position in WillScot Mobile Mini by 29.3% during the first quarter. Park Place Capital Corp now owns 2,354 shares of the company’s stock worth $109,000 after acquiring an additional 534 shares during the period. Congress Wealth Management LLC DE lifted its holdings in WillScot Mobile Mini by 30.7% during the first quarter. Congress Wealth Management LLC DE now owns 237,440 shares of the company’s stock valued at $11,041,000 after purchasing an additional 55,781 shares in the last quarter. Norden Group LLC grew its position in shares of WillScot Mobile Mini by 2,181.8% in the first quarter. Norden Group LLC now owns 129,330 shares of the company’s stock valued at $6,014,000 after purchasing an additional 123,662 shares during the period. Finally, Principal Financial Group Inc. increased its stake in shares of WillScot Mobile Mini by 17.8% during the first quarter. Principal Financial Group Inc. now owns 16,625 shares of the company’s stock worth $773,000 after purchasing an additional 2,513 shares in the last quarter. Hedge funds and other institutional investors own 95.81% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on WSC. Robert W. Baird cut WillScot Mobile Mini from an “outperform” rating to a “neutral” rating and set a $42.00 price objective on the stock. in a report on Thursday. Baird R W downgraded WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research note on Thursday. Bank of America decreased their price objective on WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. DA Davidson dropped 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 report on Monday, August 5th. Finally, Oppenheimer lowered their price target on shares of WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating on the stock in a research report on Friday, August 2nd. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $47.60.

Insiders Place Their Bets

In related news, CEO Bradley Lee Soultz bought 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 18th. The shares were purchased at an average cost 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 of the company’s stock, valued at approximately $5,833,263.42. This represents a 0.00 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 3.30% of the stock is owned by corporate insiders.

WillScot Mobile Mini Price Performance

WillScot Mobile Mini stock opened at $38.97 on Friday. The company’s 50 day simple moving average is $37.97 and its 200-day simple moving average is $38.41. The company has a debt-to-equity ratio of 2.88, a quick ratio of 0.83 and a current ratio of 0.91. WillScot Mobile Mini Holdings Corp. has a 1 year low of $33.23 and a 1 year high of $52.16. The company has a market capitalization of $7.41 billion, a price-to-earnings ratio of 24.06, a price-to-earnings-growth ratio of 1.23 and a beta of 1.35.

WillScot Mobile Mini (NASDAQ:WSC) last issued its 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). The firm had revenue of $604.59 million for the quarter, compared to analyst estimates of $614.85 million. WillScot Mobile Mini had a return on equity of 24.27% and a net margin of 7.77%. The business’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.43 EPS. As a group, equities research analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.76 earnings per share for the current year.

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.