WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 21.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,420 shares of the company’s stock after purchasing an additional 1,681 shares during the period. Quantinno Capital Management LP’s holdings in WillScot Mobile Mini were worth $354,000 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. Clearbridge Investments LLC raised its position in WillScot Mobile Mini by 2.6% in the 2nd 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 last quarter. William Blair Investment Management LLC increased its stake 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 valued at $174,796,000 after purchasing an additional 2,355,445 shares during the period. Swedbank AB increased its stake in WillScot Mobile Mini by 229.2% in the third quarter. Swedbank AB now owns 3,226,000 shares of the company’s stock valued at $121,298,000 after purchasing an additional 2,246,000 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of WillScot Mobile Mini by 18.8% in the second quarter. Dimensional Fund Advisors LP now owns 2,596,990 shares of the company’s stock valued at $97,755,000 after buying an additional 411,808 shares during the last quarter. Finally, Baupost Group LLC MA acquired a new stake in shares of WillScot Mobile Mini during the second quarter worth about $92,971,000. Institutional investors and hedge funds own 95.81% of the company’s stock.

WillScot Mobile Mini Price Performance

WillScot Mobile Mini stock opened at $35.12 on Monday. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.82 and a current ratio of 0.90. WillScot Mobile Mini Holdings Corp. has a one year low of $32.71 and a one year high of $52.16. The company has a market cap of $6.49 billion, a P/E ratio of 319.30, a price-to-earnings-growth ratio of 2.12 and a beta of 1.38. The business has a fifty day moving average of $37.30 and a two-hundred day moving average of $37.90.

WillScot Mobile Mini (NASDAQ:WSC) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.10). WillScot Mobile Mini had a return on equity of 23.97% and a net margin of 1.05%. The company had revenue of $601.43 million for the quarter, compared to analysts’ expectations of $617.83 million. During the same period in the prior year, the firm posted $0.46 EPS. The firm’s quarterly revenue was down .6% on a year-over-year basis. As a group, analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.53 earnings per share for the current fiscal year.

Insider Transactions at WillScot Mobile Mini

In other WillScot Mobile Mini news, CEO Bradley Lee Soultz bought 5,000 shares of the business’s stock in a transaction on Monday, November 4th. The stock was bought at an average price of $36.38 per share, for a total transaction of $181,900.00. Following the completion of the transaction, the chief executive officer now owns 144,686 shares in the company, valued at approximately $5,263,676.68. The trade was a 3.58 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Hezron T. Lopez sold 20,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the executive vice president now directly 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 ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have bought 20,000 shares of company stock valued at $728,750 and have sold 36,959 shares valued at $1,382,636. Corporate insiders own 3.30% of the company’s stock.

Wall Street Analysts Forecast Growth

WSC has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft cut WillScot Mobile Mini from a “buy” rating to a “hold” rating and dropped their price target for the company from $46.00 to $35.00 in a research report on Thursday, October 31st. Robert W. Baird cut their price target 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. Baird R W lowered shares of WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 24th. Finally, Barclays dropped their price objective on shares of WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Friday, November 1st. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $45.00.

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.