Paloma Partners Management Co Acquires New Position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Paloma Partners Management Co acquired a new stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSCGet Rating) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 33,600 shares of the company’s stock, valued at approximately $1,089,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WSC. National Bank of Canada FI purchased a new position in shares of WillScot Mobile Mini in the 2nd quarter valued at about $25,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of WillScot Mobile Mini during the 1st quarter valued at approximately $32,000. SRS Capital Advisors Inc. boosted its stake in shares of WillScot Mobile Mini by 82.7% during the 1st quarter. SRS Capital Advisors Inc. now owns 1,149 shares of the company’s stock worth $45,000 after acquiring an additional 520 shares in the last quarter. Quantbot Technologies LP acquired a new stake in shares of WillScot Mobile Mini in the 1st quarter worth approximately $46,000. Finally, Robeco Institutional Asset Management B.V. purchased a new position in WillScot Mobile Mini in the 2nd quarter valued at approximately $58,000. Institutional investors and hedge funds own 94.92% of the company’s stock.

Insider Transactions at WillScot Mobile Mini

In other WillScot Mobile Mini news, Director Jeffrey Sagansky sold 50,000 shares of the firm’s stock in a transaction dated Monday, November 7th. The stock was sold at an average price of $46.13, for a total value of $2,306,500.00. Following the sale, the director now directly owns 2,595,712 shares of the company’s stock, valued at approximately $119,740,194.56. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In related news, CEO Bradley Lee Soultz purchased 5,000 shares of the firm’s stock in a transaction on Monday, November 7th. The shares were bought at an average price of $46.88 per share, for a total transaction of $234,400.00. Following the acquisition, the chief executive officer now directly owns 431,683 shares in the company, valued at $20,237,299.04. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jeffrey Sagansky sold 50,000 shares of the company’s stock in a transaction on Monday, November 7th. The stock was sold at an average price of $46.13, for a total value of $2,306,500.00. Following the sale, the director now owns 2,595,712 shares of the company’s stock, valued at $119,740,194.56. The disclosure for this sale can be found here. Insiders own 2.80% of the company’s stock.

WillScot Mobile Mini Stock Performance

Shares of NASDAQ WSC opened at $46.70 on Friday. The company has a 50-day simple moving average of $44.56 and a 200-day simple moving average of $40.00. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.88 and a quick ratio of 0.81. The company has a market cap of $9.76 billion, a PE ratio of 32.21, a price-to-earnings-growth ratio of 1.20 and a beta of 1.55. WillScot Mobile Mini Holdings Corp. has a 12 month low of $30.52 and a 12 month high of $49.02.

WillScot Mobile Mini (NASDAQ:WSCGet Rating) last announced its earnings results on Wednesday, November 2nd. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.02. The firm had revenue of $604.17 million for the quarter, compared to analyst estimates of $583.43 million. WillScot Mobile Mini had a net margin of 14.80% and a return on equity of 15.36%. On average, equities analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.38 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have commented on WSC. Morgan Stanley boosted their target price on WillScot Mobile Mini from $51.00 to $56.00 and gave the stock an “overweight” rating in a research report on Monday, November 7th. Barclays boosted their price objective on shares of WillScot Mobile Mini from $50.00 to $55.00 and gave the stock an “overweight” rating in a research report on Friday, December 2nd. Oppenheimer increased their price target on shares of WillScot Mobile Mini to $48.00 in a research report on Thursday, October 13th. Finally, Robert W. Baird increased their target price on WillScot Mobile Mini from $45.00 to $53.00 in a report on Thursday, November 3rd.

WillScot Mobile Mini Company Profile

(Get Rating)

WillScot Mobile Mini Holdings Corp. provides work space and portable storage solutions in the United States, Canada, Mexico, and the United Kingdom. The company leases modular space and portable storage units to customers in the commercial and industrial, construction, education, energy and natural resources, government, and other end markets.

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

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