Central Pacific Bank Trust Division Has $412,000 Position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Central Pacific Bank Trust Division raised its stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 38.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,304 shares of the company’s stock after purchasing an additional 3,435 shares during the period. Central Pacific Bank Trust Division’s holdings in WillScot Mobile Mini were worth $412,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of WSC. Clearbridge Investments LLC lifted its position in shares of WillScot Mobile Mini by 2.6% during the 2nd quarter. Clearbridge Investments LLC now owns 5,887,128 shares of the company’s stock worth $221,591,000 after purchasing an additional 148,973 shares during the last quarter. William Blair Investment Management LLC boosted its position in shares of 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 acquiring an additional 2,355,445 shares during the period. State Street Corp increased its position in WillScot Mobile Mini by 2.3% during the third quarter. State Street Corp now owns 3,346,779 shares of the company’s stock worth $125,839,000 after acquiring an additional 74,212 shares during the period. Swedbank AB increased its position in WillScot Mobile Mini by 229.2% during the third quarter. Swedbank AB now owns 3,226,000 shares of the company’s stock worth $121,298,000 after acquiring an additional 2,246,000 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in WillScot Mobile Mini by 18.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,596,990 shares of the company’s stock valued at $97,755,000 after purchasing an additional 411,808 shares during the period. Institutional investors own 95.81% of the company’s stock.

WillScot Mobile Mini Stock Up 1.9 %

Shares of NASDAQ:WSC opened at $33.95 on Friday. The company’s fifty day moving average is $36.34 and its 200-day moving average is $37.42. 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 52 week low of $32.57 and a 52 week high of $52.16. The company has a market capitalization of $6.27 billion, a PE ratio of 308.66, a P/E/G ratio of 2.12 and a beta of 1.38.

WillScot Mobile Mini (NASDAQ:WSC) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $601.43 million for the quarter, compared to the consensus estimate of $617.83 million. During the same period in the prior year, the company posted $0.46 earnings per share. WillScot Mobile Mini’s quarterly revenue was down .6% compared to the same quarter last year. Equities research analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.53 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on WSC shares. 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. Barclays cut their price target on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating for the company in a report on Friday, November 1st. Deutsche Bank Aktiengesellschaft lowered WillScot Mobile Mini from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $46.00 to $35.00 in a report on Thursday, October 31st. Robert W. Baird cut their target price 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, Morgan Stanley upgraded shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $40.00 to $50.00 in a research note on Tuesday, December 17th. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, WillScot Mobile Mini presently has an average rating of “Moderate Buy” and an average target price of $45.50.

Insider Buying and Selling at WillScot Mobile Mini

In other news, CEO Bradley Lee Soultz acquired 5,000 shares of WillScot Mobile Mini stock in a transaction on Monday, November 4th. The shares were purchased at an average price of $36.38 per share, with a total value of $181,900.00. Following the acquisition, the chief executive officer now owns 144,686 shares in the company, valued at $5,263,676.68. This represents a 3.58 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Sally J. Shanks sold 14,059 shares of WillScot Mobile Mini stock in a transaction 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 sale, the chief accounting officer now directly owns 26,113 shares of the company’s stock, 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. In the last quarter, insiders acquired 15,000 shares of company stock worth $533,900 and sold 36,959 shares worth $1,382,636. Corporate insiders own 3.30% of the company’s stock.

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.