Secure Asset Management LLC Has $1.36 Million Stock Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Secure Asset Management LLC raised its holdings in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 31.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 36,046 shares of the company’s stock after acquiring an additional 8,669 shares during the period. Secure Asset Management LLC’s holdings in WillScot Mobile Mini were worth $1,355,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD lifted its stake in WillScot Mobile Mini by 4.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 11,668,190 shares of the company’s stock valued at $542,572,000 after buying an additional 456,674 shares during the period. Clearbridge Investments LLC grew its holdings in WillScot Mobile Mini by 2.6% during the second quarter. Clearbridge Investments LLC now owns 5,887,128 shares of the company’s stock valued at $221,591,000 after purchasing an additional 148,973 shares during the period. Boston Partners increased 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 valued at $251,118,000 after purchasing an additional 2,159,958 shares in the last quarter. William Blair Investment Management LLC raised its holdings in WillScot Mobile Mini by 102.9% in the second quarter. William Blair Investment Management LLC now owns 4,643,901 shares of the company’s stock worth $174,796,000 after purchasing an additional 2,355,445 shares during the period. Finally, Bessemer Group Inc. increased its position in shares of WillScot Mobile Mini by 3.2% in the 1st quarter. Bessemer Group Inc. now owns 4,245,829 shares of the company’s stock valued at $197,432,000 after buying an additional 132,503 shares in the last quarter. Institutional investors and hedge funds own 95.81% of the company’s stock.

WillScot Mobile Mini Trading Down 1.6 %

Shares of NASDAQ:WSC opened at $36.69 on Friday. The stock has a market capitalization of $6.98 billion, a PE ratio of 22.65, a price-to-earnings-growth ratio of 1.17 and a beta of 1.35. The company’s 50-day moving average price is $37.63 and its two-hundred day moving average price is $38.67. The company has a debt-to-equity ratio of 2.88, a current ratio of 0.91 and a quick ratio of 0.83. WillScot Mobile Mini Holdings Corp. has a one year low of $33.23 and a one year high of $52.16.

WillScot Mobile Mini (NASDAQ:WSC) last released its earnings results on Thursday, August 1st. The company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.01). The company had revenue of $604.59 million for the quarter, compared to the consensus estimate 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 was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.43 EPS. On average, equities analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on WSC shares. Stifel Nicolaus decreased their target price on WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Oppenheimer decreased their price objective on WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating for the company in a research report on Friday, August 2nd. DA Davidson lowered their target price 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. Bank of America cut their price target on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating on the stock in a research note on Friday, August 2nd. Finally, Barclays downgraded shares of WillScot Mobile Mini from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $50.00 to $44.00 in a research report on Thursday, September 19th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $47.90.

Insider Activity at WillScot Mobile Mini

In other news, CEO Bradley Lee Soultz acquired 5,000 shares of the stock in a transaction dated Wednesday, September 18th. The shares were bought at an average cost of $38.97 per share, for a total transaction of $194,850.00. Following the purchase, the chief executive officer now directly owns 149,686 shares of the company’s stock, valued at approximately $5,833,263.42. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.30% of the stock is owned by company insiders.

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.