DekaBank Deutsche Girozentrale Lowers Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

DekaBank Deutsche Girozentrale decreased its holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 64.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 44,301 shares of the company’s stock after selling 80,100 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in WillScot Mobile Mini were worth $2,019,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Boston Partners lifted its stake in WillScot Mobile Mini by 66.0% in the first quarter. Boston Partners now owns 5,434,288 shares of the company’s stock worth $251,118,000 after acquiring an additional 2,159,958 shares during the last quarter. Teachers Retirement System of The State of Kentucky lifted its stake in WillScot Mobile Mini by 234.1% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 37,920 shares of the company’s stock worth $1,763,000 after acquiring an additional 26,569 shares during the last quarter. Swedbank AB purchased a new position in WillScot Mobile Mini in the first quarter worth approximately $39,386,000. Tidal Investments LLC lifted its stake in WillScot Mobile Mini by 129.2% in the first quarter. Tidal Investments LLC now owns 13,279 shares of the company’s stock worth $617,000 after acquiring an additional 7,486 shares during the last quarter. Finally, Jane Street Group LLC lifted its stake in WillScot Mobile Mini by 149.8% in the first quarter. Jane Street Group LLC now owns 260,005 shares of the company’s stock worth $12,090,000 after acquiring an additional 155,928 shares during the last quarter. Hedge funds and other institutional investors own 95.81% of the company’s stock.

WillScot Mobile Mini Stock Performance

Shares of WillScot Mobile Mini stock traded up $0.49 during trading on Tuesday, reaching $35.04. The company’s stock had a trading volume of 1,702,532 shares, compared to its average volume of 2,059,214. The company has a 50-day moving average price of $38.80 and a two-hundred day moving average price of $42.26. The firm has a market cap of $6.66 billion, a PE ratio of 21.47, a P/E/G ratio of 1.02 and a beta of 1.38. WillScot Mobile Mini Holdings Corp. has a fifty-two week low of $34.05 and a fifty-two week high of $52.16. The company has a current ratio of 0.97, a quick ratio of 0.89 and a debt-to-equity ratio of 2.63.

WillScot Mobile Mini (NASDAQ:WSC) last announced its quarterly earnings data 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 analysts’ expectations of $614.85 million. WillScot Mobile Mini had a return on equity of 23.82% and a net margin of 7.77%. The firm’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 EPS. On average, analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.81 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on WSC shares. Oppenheimer decreased their price target 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. Stifel Nicolaus cut their price objective on shares of WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating on the stock in a report on Friday. DA Davidson cut their price objective on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating on the stock in a report on Monday. Bank of America cut their price objective on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating on the stock in a report on Friday. Finally, Barclays cut their price objective on shares of WillScot Mobile Mini from $60.00 to $50.00 and set an “overweight” rating on the stock in a report on Monday. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, WillScot Mobile Mini has a consensus rating of “Moderate Buy” and a consensus price target of $48.50.

WillScot Mobile Mini Company Profile

WillScot Mobile Mini Holdings Corp. 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.