DekaBank Deutsche Girozentrale Sells 114,000 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

DekaBank Deutsche Girozentrale decreased its position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 47.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 124,401 shares of the company's stock after selling 114,000 shares during the period. DekaBank Deutsche Girozentrale owned approximately 0.06% of WillScot Mobile Mini worth $5,552,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Bislett Management LLC boosted its stake in WillScot Mobile Mini by 6.8% in the 4th quarter. Bislett Management LLC now owns 1,175,000 shares of the company's stock worth $52,288,000 after purchasing an additional 75,000 shares during the period. Compound Global Advisors LLC boosted its stake in WillScot Mobile Mini by 3.1% in the 4th quarter. Compound Global Advisors LLC now owns 520,254 shares of the company's stock worth $23,151,000 after purchasing an additional 15,764 shares during the period. International Assets Investment Management LLC boosted its stake in shares of WillScot Mobile Mini by 4,397.7% during the 4th quarter. International Assets Investment Management LLC now owns 33,598 shares of the company's stock worth $1,495,000 after buying an additional 32,851 shares during the last quarter. Asset Management One Co. Ltd. boosted its stake in shares of WillScot Mobile Mini by 2.5% during the 4th quarter. Asset Management One Co. Ltd. now owns 87,767 shares of the company's stock worth $3,944,000 after buying an additional 2,166 shares during the last quarter. Finally, Trust Point Inc. acquired a new position in shares of WillScot Mobile Mini during the 4th quarter worth about $1,017,000. 95.81% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on WSC shares. Wells Fargo & Company increased their price objective on shares of WillScot Mobile Mini from $55.00 to $57.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 21st. Jefferies Financial Group downgraded shares of WillScot Mobile Mini from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $58.00 to $42.00 in a research note on Monday, April 1st. Oppenheimer upped their target price on shares of WillScot Mobile Mini from $55.00 to $57.00 and gave the company an "outperform" rating in a report on Friday, January 19th. Morgan Stanley started coverage on shares of WillScot Mobile Mini in a report on Monday, January 8th. They issued an "equal weight" rating and a $45.00 target price on the stock. Finally, Stifel Nicolaus dropped their target price on shares of WillScot Mobile Mini from $58.00 to $50.00 and set a "buy" rating on the stock in a report on Thursday, April 4th. Two analysts have rated the stock with a hold rating and six have given 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 $52.38.

Insider Buying and Selling

In related news, Director Jeffrey Sagansky sold 75,000 shares of the stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $47.50, for a total transaction of $3,562,500.00. Following the sale, the director now owns 2,420,905 shares in the company, valued at approximately $114,992,987.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other WillScot Mobile Mini news, Director Jeffrey Sagansky sold 75,000 shares of the firm's stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $47.50, for a total value of $3,562,500.00. Following the sale, the director now owns 2,420,905 shares in the company, valued at $114,992,987.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Bradley Lee Soultz bought 5,000 shares of the business's stock in a transaction on Monday, March 4th. The stock was bought at an average price of $47.76 per share, for a total transaction of $238,800.00. Following the transaction, the chief executive officer now directly owns 13,869 shares of the company's stock, valued at $662,383.44. The disclosure for this purchase can be found here. 3.10% of the stock is currently owned by company insiders.

WillScot Mobile Mini Stock Performance

WillScot Mobile Mini stock traded down $0.49 during trading hours on Friday, hitting $41.10. The company had a trading volume of 1,063,416 shares, compared to its average volume of 1,828,028. The firm has a market cap of $7.81 billion, a PE ratio of 17.68, a PEG ratio of 0.96 and a beta of 1.34. The company has a debt-to-equity ratio of 2.81, a current ratio of 1.01 and a quick ratio of 0.93. WillScot Mobile Mini Holdings Corp. has a one year low of $34.40 and a one year high of $52.16. The firm has a 50-day moving average of $47.14 and a 200 day moving average of $43.39.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last announced its earnings results on Tuesday, February 20th. The company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.09). WillScot Mobile Mini had a return on equity of 24.52% and a net margin of 20.15%. The business had revenue of $612.38 million for the quarter, compared to the consensus estimate of $619.63 million. During the same period in the prior year, the business posted $0.46 earnings per share. The firm's revenue for the quarter was down .5% compared to the same quarter last year. On average, sell-side analysts expect that WillScot Mobile Mini Holdings Corp. will post 2.01 earnings per share for the current year.

WillScot Mobile Mini Profile

WillScot Mobile Mini Holdings Corp. 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.