Quest Partners LLC Has $534,000 Stock Position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Quest Partners LLC decreased its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 33.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,191 shares of the company’s stock after selling 7,062 shares during the period. Quest Partners LLC’s holdings in WillScot Mobile Mini were worth $534,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Arizona State Retirement System boosted its position in WillScot Mobile Mini by 1.0% in the 2nd quarter. Arizona State Retirement System now owns 53,184 shares of the company’s stock valued at $2,002,000 after buying an additional 520 shares during the last quarter. Victory Capital Management Inc. raised its stake in WillScot Mobile Mini by 6.7% during the 2nd quarter. Victory Capital Management Inc. now owns 148,225 shares of the company’s stock worth $5,579,000 after buying an additional 9,277 shares during the period. TD Asset Management Inc raised its stake in WillScot Mobile Mini by 21.9% during the 2nd quarter. TD Asset Management Inc now owns 67,632 shares of the company’s stock worth $2,546,000 after buying an additional 12,144 shares during the period. Rothschild Investment LLC acquired a new stake in WillScot Mobile Mini during the 2nd quarter worth $364,000. Finally, Hantz Financial Services Inc. bought a new position in WillScot Mobile Mini during the 2nd quarter worth about $9,737,000. 95.81% of the stock is currently owned by institutional investors.

WillScot Mobile Mini Stock Up 2.3 %

WSC opened at $39.25 on Friday. The company has a 50 day moving average of $37.92 and a 200 day moving average of $40.14. The company has a market cap of $7.46 billion, a PE ratio of 24.23, a price-to-earnings-growth ratio of 1.25 and a beta of 1.36. WillScot Mobile Mini Holdings Corp. has a 12 month low of $33.23 and a 12 month high of $52.16. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 2.88.

WillScot Mobile Mini (NASDAQ:WSC) last posted 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 firm had revenue of $604.59 million during the quarter, compared to analysts’ expectations 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 for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.43 earnings per share. On average, sell-side analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.76 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on WSC shares. Oppenheimer lowered their target price on WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating for the company in a report on Friday, August 2nd. Bank of America dropped their price target 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. DA Davidson dropped their price target on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating for the company in a research report on Monday, August 5th. Stifel Nicolaus lowered their price objective on shares of WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Finally, Barclays decreased their target price on shares of WillScot Mobile Mini from $60.00 to $50.00 and set an “overweight” rating on the stock in a research note on Monday, August 5th. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $48.50.

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.