Amalgamated Bank Has $400,000 Position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Amalgamated Bank reduced its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 60.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,637 shares of the company’s stock after selling 16,040 shares during the period. Amalgamated Bank’s holdings in WillScot Mobile Mini were worth $400,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. V Square Quantitative Management LLC purchased a new stake in shares of WillScot Mobile Mini during the 3rd quarter valued at $25,000. Hexagon Capital Partners LLC increased its position in shares of WillScot Mobile Mini by 200.0% during the third quarter. Hexagon Capital Partners LLC now owns 900 shares of the company’s stock valued at $34,000 after buying an additional 600 shares during the period. Financial Management Professionals Inc. purchased a new position in shares of WillScot Mobile Mini during the 3rd quarter valued at $36,000. Summit Securities Group LLC bought a new position in WillScot Mobile Mini in the 2nd quarter worth about $56,000. Finally, CWM LLC lifted its position in WillScot Mobile Mini by 80.3% during the second quarter. CWM LLC now owns 1,635 shares of the company’s stock valued at $62,000 after purchasing an additional 728 shares during the last quarter. Institutional investors own 95.81% of the company’s stock.

Insider Transactions at WillScot Mobile Mini

In other news, CEO Bradley Lee Soultz bought 5,000 shares of the business’s stock in a transaction dated Monday, November 4th. The shares were acquired 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 of the company’s stock, valued at approximately $5,263,676.68. This trade represents a 3.58 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Hezron T. Lopez sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $39.38, for a total value of $787,600.00. Following the completion of the transaction, the executive vice president now directly owns 57,918 shares in the company, valued at approximately $2,280,810.84. The trade was a 25.67 % decrease in their position. The disclosure for this sale can be found here. Insiders bought 15,000 shares of company stock worth $553,800 in the last 90 days. Insiders own 3.30% of the company’s stock.

WillScot Mobile Mini Price Performance

Shares of WillScot Mobile Mini stock opened at $34.38 on Friday. The firm has a market cap of $6.35 billion, a PE ratio of 312.57, a P/E/G ratio of 2.11 and a beta of 1.37. The business has a 50-day moving average price of $37.90 and a 200 day moving average price of $38.20. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42. WillScot Mobile Mini Holdings Corp. has a twelve month low of $32.71 and a twelve month high of $52.16.

WillScot Mobile Mini (NASDAQ:WSC) last posted its quarterly earnings data 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 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 analysts’ expectations of $617.83 million. During the same quarter last year, the firm posted $0.46 earnings per share. WillScot Mobile Mini’s quarterly revenue was down .6% on a year-over-year basis. Sell-side 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 equities research analysts have recently issued reports on WSC shares. Bank of America cut their price objective on shares of 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 decreased 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. Baird R W downgraded WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 24th. Robert W. Baird reduced their price target on shares of WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, October 31st. Finally, Oppenheimer reduced their price target on shares of WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating for the company in a research note on Friday, August 2nd. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price 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.