Highlander Partners L.P. Acquires 60,700 Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Highlander Partners L.P. increased its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 89.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 128,200 shares of the company's stock after buying an additional 60,700 shares during the period. WillScot Mobile Mini accounts for 4.6% of Highlander Partners L.P.'s holdings, making the stock its 8th biggest position. Highlander Partners L.P. owned about 0.07% of WillScot Mobile Mini worth $5,705,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Bourgeon Capital Management LLC lifted its holdings in WillScot Mobile Mini by 1,063.6% during the fourth quarter. Bourgeon Capital Management LLC now owns 640 shares of the company's stock valued at $28,000 after purchasing an additional 585 shares in the last quarter. PFG Advisors purchased a new position in WillScot Mobile Mini during the fourth quarter valued at $206,000. Cumberland Partners Ltd purchased a new position in WillScot Mobile Mini during the fourth quarter valued at $222,000. Vanguard Personalized Indexing Management LLC lifted its holdings in WillScot Mobile Mini by 8.2% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 5,574 shares of the company's stock valued at $232,000 after purchasing an additional 422 shares in the last quarter. Finally, Pathstone Family Office LLC lifted its stake in shares of WillScot Mobile Mini by 5.6% in the third quarter. Pathstone Family Office LLC now owns 5,933 shares of the company's stock worth $247,000 after buying an additional 315 shares in the last quarter. 95.81% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Bradley Lee Soultz acquired 5,000 shares of the business's stock in a transaction on Tuesday, May 7th. The shares were bought at an average price of $38.44 per share, with a total value of $192,200.00. Following the completion of the acquisition, the chief executive officer now owns 157,771 shares in the company, valued at $6,064,717.24. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO Bradley Lee Soultz bought 5,000 shares of the business's stock in a transaction dated Tuesday, May 7th. The shares were acquired at an average price of $38.44 per share, for a total transaction of $192,200.00. Following the completion of the transaction, the chief executive officer now owns 157,771 shares of the company's stock, valued at $6,064,717.24. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Jeffrey Sagansky sold 75,000 shares of the firm's stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $47.50, for a total value of $3,562,500.00. Following the transaction, the director now owns 2,420,905 shares in the company, valued at approximately $114,992,987.50. The disclosure for this sale can be found here. 3.10% of the stock is owned by company insiders.

WillScot Mobile Mini Stock Up 2.3 %

WillScot Mobile Mini stock traded up $0.87 during trading on Tuesday, reaching $39.17. The stock had a trading volume of 4,973,129 shares, compared to its average volume of 2,001,388. WillScot Mobile Mini Holdings Corp. has a 52-week low of $34.40 and a 52-week high of $52.16. The business has a 50 day moving average price of $43.06 and a 200 day moving average price of $43.04. The company has a quick ratio of 0.89, a current ratio of 0.97 and a debt-to-equity ratio of 2.63. The stock has a market cap of $7.44 billion, a PE ratio of 24.18, a P/E/G ratio of 0.89 and a beta of 1.36.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by ($0.04). WillScot Mobile Mini had a return on equity of 24.14% and a net margin of 13.48%. The firm had revenue of $587.18 million during the quarter, compared to analysts' expectations of $579.98 million. During the same quarter in the prior year, the firm earned $0.36 EPS. The firm's revenue was up 3.8% compared to the same quarter last year. On average, analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.96 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on WSC. DA Davidson decreased their price target on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a "buy" rating on the stock in a research note on Tuesday. Deutsche Bank Aktiengesellschaft raised their price target on shares of WillScot Mobile Mini from $51.00 to $53.00 and gave the stock a "buy" rating in a research note on Tuesday, January 30th. Morgan Stanley began coverage on shares of WillScot Mobile Mini in a research note on Monday, January 8th. They issued an "equal weight" rating and a $45.00 price target on the stock. Barclays raised their price target on shares of WillScot Mobile Mini from $50.00 to $60.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 28th. Finally, Stifel Nicolaus decreased their price target on shares of WillScot Mobile Mini from $58.00 to $50.00 and set a "buy" rating on the stock in a research note on Thursday, April 4th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, WillScot Mobile Mini presently has an average rating of "Moderate Buy" and a consensus target price of $51.00.

About WillScot Mobile Mini

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.