Advantage Alpha Capital Partners LP Sells 29,452 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Advantage Alpha Capital Partners LP decreased its holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 13.9% in the third quarter, Holdings Channel reports. The fund owned 181,906 shares of the company’s stock after selling 29,452 shares during the quarter. WillScot Mobile Mini makes up 1.6% of Advantage Alpha Capital Partners LP’s holdings, making the stock its 14th biggest holding. Advantage Alpha Capital Partners LP’s holdings in WillScot Mobile Mini were worth $6,840,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. The Manufacturers Life Insurance Company boosted its stake in shares of WillScot Mobile Mini by 9.6% during the third quarter. The Manufacturers Life Insurance Company now owns 47,437 shares of the company’s stock valued at $1,784,000 after purchasing an additional 4,140 shares during the period. Douglass Winthrop Advisors LLC boosted its stake in WillScot Mobile Mini by 32.4% in the third quarter. Douglass Winthrop Advisors LLC now owns 165,143 shares of the company’s stock valued at $6,209,000 after acquiring an additional 40,393 shares in the last quarter. Fisher Asset Management LLC grew its stake in WillScot Mobile Mini by 58.3% during the 3rd quarter. Fisher Asset Management LLC now owns 1,043,055 shares of the company’s stock worth $39,219,000 after buying an additional 384,270 shares during the last quarter. Swedbank AB increased its stake in WillScot Mobile Mini by 229.2% during the 3rd 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 in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of WillScot Mobile Mini by 2.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,533,170 shares of the company’s stock worth $57,647,000 after purchasing an additional 43,747 shares during the period. Institutional investors own 95.81% of the company’s stock.

Insider Activity at WillScot Mobile Mini

In related news, Director Gerard E. Holthaus purchased 5,000 shares of the firm’s stock in a transaction on Tuesday, November 19th. The stock was purchased at an average price of $34.99 per share, for a total transaction of $174,950.00. Following the acquisition, the director now directly owns 411,221 shares in the company, valued at $14,388,622.79. The trade was a 1.23 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Sally J. Shanks sold 14,059 shares of WillScot Mobile Mini stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $34.69, for a total transaction of $487,706.71. Following the sale, the chief accounting officer now owns 26,113 shares in the company, valued at $905,859.97. This represents a 35.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have acquired 20,000 shares of company stock worth $728,750. Company insiders own 3.30% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on WSC. Baird R W lowered shares of WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft lowered WillScot Mobile Mini from a “buy” rating to a “hold” rating and decreased their price target for the company from $46.00 to $35.00 in a research note on Thursday, October 31st. Stifel Nicolaus lowered 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. Barclays dropped their target price on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating on the stock in a report on Friday, November 1st. Finally, DA Davidson decreased their price target on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating for the company in a research note on Monday, August 5th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $45.00.

WillScot Mobile Mini Trading Up 6.7 %

Shares of WSC opened at $38.72 on Tuesday. WillScot Mobile Mini Holdings Corp. has a 1-year low of $32.71 and a 1-year high of $52.16. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82. The firm has a 50 day simple moving average of $37.61 and a 200-day simple moving average of $38.11. The stock has a market cap of $7.15 billion, a price-to-earnings ratio of 351.99, a price-to-earnings-growth ratio of 2.19 and a beta of 1.37.

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

WillScot Mobile Mini 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.