Pathstone Holdings LLC Purchases 12,346 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Pathstone Holdings LLC increased its stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 40.9% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 42,549 shares of the company’s stock after acquiring an additional 12,346 shares during the period. Pathstone Holdings LLC’s holdings in WillScot Mobile Mini were worth $1,600,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in WSC. V Square Quantitative Management LLC acquired a new stake in WillScot Mobile Mini in the third quarter worth about $25,000. Hexagon Capital Partners LLC lifted its stake in WillScot Mobile Mini by 200.0% in the third quarter. Hexagon Capital Partners LLC now owns 900 shares of the company’s stock valued at $34,000 after buying an additional 600 shares during the period. Financial Management Professionals Inc. bought a new position in WillScot Mobile Mini during the third quarter worth about $36,000. Summit Securities Group LLC acquired a new position in shares of WillScot Mobile Mini during the 2nd quarter worth about $56,000. Finally, CWM LLC grew its position in shares of WillScot Mobile Mini by 80.3% during the 2nd quarter. CWM LLC now owns 1,635 shares of the company’s stock worth $62,000 after buying an additional 728 shares during the period. Institutional investors own 95.81% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Stifel Nicolaus reduced their price target on shares of WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. Robert W. Baird dropped their target price on WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating on the stock in a research report on Thursday, October 31st. Deutsche Bank Aktiengesellschaft downgraded WillScot Mobile Mini from a “buy” rating to a “hold” rating and reduced their price target for the stock from $46.00 to $35.00 in a research report on Thursday, October 31st. 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. Finally, DA Davidson decreased their price target 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. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $45.00.

Insiders Place Their Bets

In other news, CAO Sally J. Shanks sold 14,059 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $34.69, for a total value of $487,706.71. Following the completion of the transaction, the chief accounting officer now directly owns 26,113 shares in the company, valued at approximately $905,859.97. The trade was a 35.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Hezron T. Lopez sold 20,000 shares of WillScot Mobile Mini stock in a transaction on Friday, November 8th. The shares were sold at an average price of $39.38, for a total value of $787,600.00. Following the completion of the transaction, the executive vice president now owns 57,918 shares in the company, valued at approximately $2,280,810.84. The trade was a 25.67 % decrease in their position. The disclosure for this sale can be found here. Insiders have acquired a total of 20,000 shares of company stock worth $728,750 in the last quarter. Corporate insiders own 3.30% of the company’s stock.

WillScot Mobile Mini Price Performance

Shares of NASDAQ WSC opened at $38.19 on Thursday. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42. The company has a market cap of $7.06 billion, a PE ratio of 347.21, a price-to-earnings-growth ratio of 2.34 and a beta of 1.37. WillScot Mobile Mini Holdings Corp. has a twelve month low of $32.71 and a twelve month high of $52.16. The business’s 50 day moving average price is $37.55 and its two-hundred day moving average price is $38.09.

WillScot Mobile Mini (NASDAQ:WSC) last announced its earnings results on Wednesday, October 30th. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.10). WillScot Mobile Mini had a return on equity of 23.97% and a net margin of 1.05%. The firm had revenue of $601.43 million for the quarter, compared to the consensus estimate of $617.83 million. During the same quarter last year, the business posted $0.46 EPS. WillScot Mobile Mini’s revenue for the quarter was down .6% on a year-over-year basis. On average, analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current year.

WillScot Mobile Mini 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.