State Street Corp Has $125.84 Million Stock Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

State Street Corp raised its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 2.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,346,779 shares of the company’s stock after acquiring an additional 74,212 shares during the period. State Street Corp’s holdings in WillScot Mobile Mini were worth $125,839,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. First Horizon Advisors Inc. raised its stake in shares of WillScot Mobile Mini by 16.4% in the third quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company’s stock valued at $80,000 after purchasing an additional 302 shares in the last quarter. Salvus Wealth Management LLC raised its stake in shares of WillScot Mobile Mini by 1.0% in the 3rd quarter. Salvus Wealth Management LLC now owns 47,830 shares of the company’s stock valued at $1,798,000 after buying an additional 485 shares in the last quarter. Arizona State Retirement System lifted its holdings in shares of WillScot Mobile Mini by 1.0% during the 2nd quarter. Arizona State Retirement System now owns 53,184 shares of the company’s stock worth $2,002,000 after acquiring an additional 520 shares during the period. Hexagon Capital Partners LLC boosted its position in shares of WillScot Mobile Mini by 200.0% during the 3rd quarter. Hexagon Capital Partners LLC now owns 900 shares of the company’s stock valued at $34,000 after acquiring an additional 600 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC increased its stake in WillScot Mobile Mini by 11.1% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 6,242 shares of the company’s stock valued at $228,000 after acquiring an additional 624 shares during the period. Institutional investors own 95.81% of the company’s stock.

WillScot Mobile Mini Stock Performance

WillScot Mobile Mini stock opened at $35.12 on Friday. WillScot Mobile Mini Holdings Corp. has a 12-month low of $32.71 and a 12-month high of $52.16. The stock has a 50-day simple moving average of $37.30 and a 200 day simple moving average of $37.91. 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 stock has a market capitalization of $6.49 billion, a price-to-earnings ratio of 319.30, a P/E/G ratio of 2.12 and a beta of 1.38.

WillScot Mobile Mini (NASDAQ:WSC) last released its quarterly 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 company had revenue of $601.43 million for the quarter, compared to the consensus estimate of $617.83 million. During the same period last year, the company earned $0.46 earnings per share. WillScot Mobile Mini’s revenue for the quarter was down .6% compared to the same quarter last year. On average, research analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.53 earnings per share for the current fiscal year.

Insider Buying and Selling at WillScot Mobile Mini

In other news, EVP Hezron T. Lopez sold 20,000 shares of the firm’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $39.38, for a total value of $787,600.00. Following the transaction, the executive vice president now owns 57,918 shares of the company’s stock, valued at approximately $2,280,810.84. This trade represents a 25.67 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Sally J. Shanks sold 14,059 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $34.69, for a total transaction of $487,706.71. Following the sale, the chief accounting officer now directly owns 26,113 shares of the company’s stock, valued at approximately $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. In the last ninety days, insiders have bought 20,000 shares of company stock worth $728,750 and have sold 36,959 shares worth $1,382,636. Corporate insiders own 3.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft cut shares of WillScot Mobile Mini from a “buy” rating to a “hold” rating and cut their price target for the stock from $46.00 to $35.00 in a research note on Thursday, October 31st. Barclays cut their target price on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating for the company in a research report on Friday, November 1st. Robert W. Baird dropped their price objective on WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating for the company in a research note on Thursday, October 31st. Finally, Baird R W downgraded shares of WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 24th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $45.00.

WillScot Mobile Mini Company 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.