WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Sold by Advantage Alpha Capital Partners LP

Advantage Alpha Capital Partners LP lessened its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 13.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 181,906 shares of the company’s stock after selling 29,452 shares during the quarter. WillScot Mobile Mini makes up approximately 1.6% of Advantage Alpha Capital Partners LP’s holdings, making the stock its 14th biggest holding. Advantage Alpha Capital Partners LP owned about 0.10% of WillScot Mobile Mini worth $6,840,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of WSC. Baupost Group LLC MA bought a new stake in shares of WillScot Mobile Mini during the second quarter valued at approximately $92,971,000. William Blair Investment Management LLC raised its position in shares of WillScot Mobile Mini by 102.9% during 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. Swedbank AB raised its holdings in WillScot Mobile Mini by 229.2% during the 3rd quarter. Swedbank AB now owns 3,226,000 shares of the company’s stock worth $121,298,000 after buying an additional 2,246,000 shares during the period. Boston Partners lifted its position in shares of WillScot Mobile Mini by 66.0% in the 1st quarter. Boston Partners now owns 5,434,288 shares of the company’s stock valued at $251,118,000 after acquiring an additional 2,159,958 shares in the last quarter. Finally, Nippon Life Global Investors Americas Inc. acquired a new stake in shares of WillScot Mobile Mini during the second quarter worth approximately $23,394,000. Institutional investors own 95.81% of the company’s stock.

Insiders Place Their Bets

In other WillScot Mobile Mini news, EVP Hezron T. Lopez sold 20,000 shares of WillScot Mobile Mini stock in a transaction on Friday, November 8th. The stock was sold at an average price of $39.38, for a total transaction 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 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 company’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 $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 acquired 20,000 shares of company stock worth $728,750 in the last ninety days. 3.30% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

WSC has been the subject of a number of recent analyst reports. Baird R W cut WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 24th. Oppenheimer lowered their price objective on shares of 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. Deutsche Bank Aktiengesellschaft downgraded shares of WillScot Mobile Mini from a “buy” rating to a “hold” rating and dropped their price target for the stock from $46.00 to $35.00 in a research note on Thursday, October 31st. Stifel Nicolaus cut their target price 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, August 2nd. Finally, Bank of America lowered their price objective on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $45.00.

WillScot Mobile Mini Stock Performance

Shares of WSC stock opened at $38.72 on Tuesday. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42. WillScot Mobile Mini Holdings Corp. has a 12 month low of $32.71 and a 12 month high of $52.16. The firm has a market capitalization of $7.15 billion, a PE ratio of 351.99, a price-to-earnings-growth ratio of 2.19 and a beta of 1.37. The firm has a fifty day simple moving average of $37.61 and a two-hundred day simple moving average of $38.11.

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

About WillScot Mobile Mini

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.