Mount Yale Investment Advisors LLC Sells 407 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Mount Yale Investment Advisors LLC trimmed its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 2.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,491 shares of the company’s stock after selling 407 shares during the period. Mount Yale Investment Advisors LLC’s holdings in WillScot Mobile Mini were worth $734,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Quarry LP acquired a new stake in WillScot Mobile Mini in the 4th quarter valued at approximately $38,000. TFO Wealth Partners LLC lifted its position in shares of WillScot Mobile Mini by 6,578.6% in the fourth quarter. TFO Wealth Partners LLC now owns 935 shares of the company’s stock worth $42,000 after purchasing an additional 921 shares in the last quarter. Fidelis Capital Partners LLC acquired a new position in WillScot Mobile Mini during the first quarter worth $55,000. Summit Securities Group LLC bought a new position in WillScot Mobile Mini in the second quarter valued at $56,000. Finally, CWM LLC increased its stake in WillScot Mobile Mini by 80.3% in the 2nd quarter. CWM LLC now owns 1,635 shares of the company’s stock valued at $62,000 after buying an additional 728 shares during the last quarter. 95.81% of the stock is owned by institutional investors and hedge funds.

WillScot Mobile Mini Stock Performance

NASDAQ WSC opened at $40.45 on Tuesday. The stock has a market cap of $7.69 billion, a PE ratio of 24.97, a P/E/G ratio of 1.36 and a beta of 1.36. The company has a debt-to-equity ratio of 2.88, a quick ratio of 0.83 and a current ratio of 0.91. The firm has a 50-day moving average of $38.26 and a 200-day moving average of $39.65. WillScot Mobile Mini Holdings Corp. has a 52-week low of $33.23 and a 52-week high of $52.16.

WillScot Mobile Mini (NASDAQ:WSC) last issued its quarterly earnings data 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). WillScot Mobile Mini had a return on equity of 24.27% and a net margin of 7.77%. The company had revenue of $604.59 million for the quarter, compared to analyst estimates of $614.85 million. During the same quarter last year, the business earned $0.43 earnings per share. The company’s revenue was up 3.9% on a year-over-year basis. On average, sell-side analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.76 EPS for the current year.

Insider Activity at WillScot Mobile Mini

In other news, CEO Bradley Lee Soultz bought 5,000 shares of the company’s stock in a transaction dated Wednesday, September 18th. The stock was bought at an average price of $38.97 per share, with a total value of $194,850.00. Following the completion of the acquisition, the chief executive officer now owns 149,686 shares of the company’s stock, valued at $5,833,263.42. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 3.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

WSC has been the subject of a number of recent research reports. Stifel Nicolaus reduced 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 note on Friday, August 2nd. Bank of America decreased their price target on WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Barclays downgraded WillScot Mobile Mini from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $50.00 to $44.00 in a report on Thursday, September 19th. DA Davidson lowered their target price on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating on the stock in a report on Monday, August 5th. Finally, Oppenheimer dropped their price target on shares of WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating on the stock in a research report on Friday, August 2nd. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, WillScot Mobile Mini has a consensus rating of “Moderate Buy” and a consensus price target of $47.90.

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.