Raymond James & Associates Purchases 4,039 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Raymond James & Associates lifted its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC – Get Rating) by 2.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 145,515 shares of the company’s stock after acquiring an additional 4,039 shares during the period. Raymond James & Associates’ holdings in WillScot Mobile Mini were worth $6,573,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in WSC. Price T Rowe Associates Inc. MD boosted its position in shares of WillScot Mobile Mini by 169.9% during the third quarter. Price T Rowe Associates Inc. MD now owns 3,652,330 shares of the company’s stock valued at $147,299,000 after buying an additional 2,299,036 shares during the period. Invesco Ltd. boosted its position in shares of WillScot Mobile Mini by 37.3% during the first quarter. Invesco Ltd. now owns 4,749,059 shares of the company’s stock valued at $185,829,000 after buying an additional 1,290,938 shares during the period. Artemis Investment Management LLP boosted its position in shares of WillScot Mobile Mini by 46.2% during the fourth quarter. Artemis Investment Management LLP now owns 3,492,640 shares of the company’s stock valued at $158,293,000 after buying an additional 1,103,108 shares during the period. Two Sigma Investments LP boosted its position in shares of WillScot Mobile Mini by 462.3% during the third quarter. Two Sigma Investments LP now owns 990,334 shares of the company’s stock valued at $39,940,000 after buying an additional 814,217 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of WillScot Mobile Mini by 1,979.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 397,553 shares of the company’s stock valued at $15,556,000 after buying an additional 378,434 shares during the period. 97.25% of the stock is owned by hedge funds and other institutional investors.

WillScot Mobile Mini Stock Performance

Shares of NASDAQ:WSC opened at $45.19 on Monday. The company has a market capitalization of $9.14 billion, a price-to-earnings ratio of 19.56, a price-to-earnings-growth ratio of 1.36 and a beta of 1.52. WillScot Mobile Mini Holdings Corp. has a 52 week low of $30.52 and a 52 week high of $53.46. The company has a quick ratio of 0.96, a current ratio of 1.04 and a debt-to-equity ratio of 1.84. The firm has a 50 day moving average of $44.21 and a 200 day moving average of $46.47.

WillScot Mobile Mini (NASDAQ:WSC – Get Rating) last issued its quarterly earnings data on Tuesday, February 21st. The company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.04. The company had revenue of $590.55 million during the quarter, compared to the consensus estimate of $587.95 million. WillScot Mobile Mini had a net margin of 21.32% and a return on equity of 20.32%. On average, sell-side analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.84 earnings per share for the current fiscal year.

Insider Transactions at WillScot Mobile Mini

In other WillScot Mobile Mini news, Director Erika T. Davis purchased 2,950 shares of WillScot Mobile Mini stock in a transaction dated Monday, February 27th. The shares were acquired at an average cost of $50.65 per share, with a total value of $149,417.50. Following the completion of the transaction, the director now owns 6,313 shares in the company, valued at approximately $319,753.45. The transaction was disclosed in a filing with the SEC, which is available at this link. In other WillScot Mobile Mini news, Director Erika T. Davis purchased 2,950 shares of WillScot Mobile Mini stock in a transaction dated Monday, February 27th. The shares were acquired at an average cost of $50.65 per share, with a total value of $149,417.50. Following the completion of the transaction, the director now owns 6,313 shares in the company, valued at approximately $319,753.45. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Bradley Lee Soultz bought 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 2nd. The stock was purchased at an average cost of $44.62 per share, for a total transaction of $223,100.00. Following the completion of the transaction, the chief executive officer now owns 10,000 shares in the company, valued at $446,200. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 12,950 shares of company stock valued at $624,868. Corporate insiders own 3.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. William Blair assumed coverage on WillScot Mobile Mini in a report on Wednesday, February 8th. They issued an “outperform” rating for the company. Robert W. Baird boosted their price target on WillScot Mobile Mini from $50.00 to $55.00 in a report on Thursday, April 27th. Morgan Stanley lowered their price target on WillScot Mobile Mini from $62.00 to $60.00 and set an “overweight” rating for the company in a report on Tuesday, February 14th. Deutsche Bank Aktiengesellschaft boosted their price target on WillScot Mobile Mini from $54.00 to $56.00 in a report on Friday, April 28th. Finally, Oppenheimer boosted their price target on WillScot Mobile Mini from $51.00 to $53.00 and gave the company an “outperform” rating in a report on Thursday, February 23rd. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $54.83.

WillScot Mobile Mini Company Profile

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WillScot Mobile Mini Holdings Corp. provides modular and portable storage services. The firm offers furniture rental, transportation and logistics, storage & facilities services and commercial real estate services. It offers turnkey office space and storage solutions for temporary applications in the commercial and industrial, construction, retail, education, health care, government, transportation, security and energy sectors.