Swiss National Bank Has $17.31 Million Stock Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Swiss National Bank trimmed its holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 12.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 388,893 shares of the company's stock after selling 55,900 shares during the quarter. Swiss National Bank owned about 0.20% of WillScot Mobile Mini worth $17,306,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bourgeon Capital Management LLC raised its holdings in WillScot Mobile Mini by 1,063.6% in the 4th quarter. Bourgeon Capital Management LLC now owns 640 shares of the company's stock valued at $28,000 after buying an additional 585 shares during the last quarter. PFG Advisors bought a new stake in WillScot Mobile Mini in the 4th quarter worth about $206,000. Cumberland Partners Ltd bought a new stake in WillScot Mobile Mini in the 4th quarter worth about $222,000. Vanguard Personalized Indexing Management LLC increased its holdings in WillScot Mobile Mini by 8.2% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 5,574 shares of the company's stock worth $232,000 after buying an additional 422 shares in the last quarter. Finally, Pathstone Family Office LLC grew its stake in shares of WillScot Mobile Mini by 5.6% during the 3rd quarter. Pathstone Family Office LLC now owns 5,933 shares of the company's stock valued at $247,000 after purchasing an additional 315 shares during the period. 95.81% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on the company. DA Davidson dropped their price objective on WillScot Mobile Mini from $56.00 to $54.00 and set a "buy" rating on the stock in a report on Tuesday. Stifel Nicolaus reduced their target price on WillScot Mobile Mini from $58.00 to $50.00 and set a "buy" rating for the company in a report on Thursday, April 4th. Deutsche Bank Aktiengesellschaft upped their price objective on WillScot Mobile Mini from $51.00 to $53.00 and gave the company a "buy" rating in a research note on Tuesday, January 30th. Robert W. Baird dropped their target price on WillScot Mobile Mini from $55.00 to $45.00 and set an "outperform" rating on the stock in a research report on Monday, April 22nd. Finally, Jefferies Financial Group lowered WillScot Mobile Mini from a "buy" rating to a "hold" rating and cut their target price for the stock from $58.00 to $42.00 in a research report on Monday, April 1st. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $51.00.

Insiders Place Their Bets

In other WillScot Mobile Mini news, CEO Bradley Lee Soultz acquired 5,000 shares of the business's stock in a transaction dated Tuesday, May 7th. The shares were purchased at an average cost of $38.44 per share, for a total transaction of $192,200.00. Following the transaction, the chief executive officer now owns 157,771 shares in the company, valued at $6,064,717.24. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. In other news, CEO Bradley Lee Soultz purchased 5,000 shares of the stock in a transaction dated Tuesday, May 7th. The shares were purchased at an average cost of $38.44 per share, with a total value of $192,200.00. Following the acquisition, the chief executive officer now directly owns 157,771 shares of the company's stock, valued at $6,064,717.24. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jeffrey Sagansky sold 75,000 shares of the firm's stock in a transaction 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 completion of the transaction, the director now directly owns 2,420,905 shares in the company, valued at $114,992,987.50. The disclosure for this sale can be found here. 3.10% of the stock is owned by corporate insiders.

WillScot Mobile Mini Price Performance

NASDAQ WSC traded down $0.20 during trading on Friday, hitting $40.37. 2,083,261 shares of the company's stock were exchanged, compared to its average volume of 2,004,791. The company has a current ratio of 0.97, a quick ratio of 0.89 and a debt-to-equity ratio of 2.63. The company has a market cap of $7.67 billion, a PE ratio of 25.04, a P/E/G ratio of 0.93 and a beta of 1.36. WillScot Mobile Mini Holdings Corp. has a fifty-two week low of $34.40 and a fifty-two week high of $52.16. The stock's 50 day moving average price is $42.75 and its two-hundred day moving average price is $42.99.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last issued its earnings results on Thursday, May 2nd. The company reported $0.29 earnings per share 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 for the quarter, compared to analyst estimates of $579.98 million. During the same period in the previous year, the company earned $0.36 earnings per share. WillScot Mobile Mini's revenue for the quarter was up 3.8% compared to the same quarter last year. Research analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.93 EPS for the current year.

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.