Trust Point Inc. Sells 10,442 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Trust Point Inc. trimmed its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 40.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,086 shares of the company’s stock after selling 10,442 shares during the period. Trust Point Inc.’s holdings in WillScot Mobile Mini were worth $505,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of WSC. V Square Quantitative Management LLC purchased a new stake in shares of WillScot Mobile Mini during the third quarter worth $25,000. Hexagon Capital Partners LLC lifted its position in shares of WillScot Mobile Mini by 200.0% during the third quarter. Hexagon Capital Partners LLC now owns 900 shares of the company’s stock worth $34,000 after acquiring an additional 600 shares in the last quarter. Financial Management Professionals Inc. purchased a new stake in shares of WillScot Mobile Mini during the third quarter worth $36,000. First Horizon Advisors Inc. lifted its position in shares of WillScot Mobile Mini by 16.4% during the third quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company’s stock worth $80,000 after acquiring an additional 302 shares in the last quarter. Finally, KBC Group NV lifted its position in shares of WillScot Mobile Mini by 14.7% during the third quarter. KBC Group NV now owns 5,110 shares of the company’s stock worth $192,000 after acquiring an additional 655 shares in the last quarter. 95.81% of the stock is owned by institutional investors.

Insider Buying and Selling at WillScot Mobile Mini

In other news, insider Graeme Parkes sold 2,900 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $37.01, for a total transaction of $107,329.00. Following the transaction, the insider now directly owns 72,818 shares of the company’s stock, valued at approximately $2,694,994.18. This trade represents a 3.83 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Sally J. Shanks sold 14,059 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $34.69, for a total value of $487,706.71. Following the transaction, the chief accounting officer now directly owns 26,113 shares in the company, valued at $905,859.97. This trade represents a 35.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 36,959 shares of company stock worth $1,382,636 over the last 90 days. Corporate insiders own 3.30% of the company’s stock.

Analyst Upgrades and Downgrades

WSC has been the topic of several recent research reports. Barclays dropped their target price on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Friday, November 1st. 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. Baird R W downgraded WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft downgraded WillScot Mobile Mini from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $46.00 to $35.00 in a research report on Thursday, October 31st. Finally, Morgan Stanley upgraded WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $40.00 to $50.00 in a research report on Tuesday, December 17th. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $45.50.

WillScot Mobile Mini Trading Up 1.9 %

NASDAQ WSC opened at $35.88 on Thursday. The stock’s 50-day simple moving average is $36.01 and its two-hundred day simple moving average is $37.12. WillScot Mobile Mini Holdings Corp. has a twelve month low of $32.57 and a twelve month high of $52.16. 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 capitalization of $6.63 billion, a price-to-earnings ratio of 326.21, a PEG ratio of 1.93 and a beta of 1.41.

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.