UBS Group AG has sold its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC – Get Rating) up 12.6% in the fourth quarter, according to its most recent filing with the SEC. The company owned 66,620 shares of the company’s stock after acquiring an additional 7,475 shares during the quarter. UBS Group AG’s shares in WillScot Mobile Mini were valued at $3,009,000 at the time of the last SEC filing.
A number of other institutional investors have also recently added to or reduced their stakes in the company. Captrust Financial Advisors increased its stake in WillScot Mobile Mini shares by 3.3% during the third quarter. Captrust Financial Advisors now owns 8,241 shares of the company, valued at $332,000, after purchasing an additional 260 shares last quarter. Eagle Bay Advisors LLC increased its position in WillScot Mobile Mini by 16.6% during the third quarter. Eagle Bay Advisors LLC now owns 2,236 shares of the company’s stock valued at $91,000 after purchasing an additional 318 shares during the period. Los Angeles Capital Management LLC increased its position in WillScot Mobile Mini by 7.7% during the fourth quarter. Los Angeles Capital Management LLC now owns 6,439 shares of the company’s stock valued at $291,000 after purchasing an additional 458 shares during the period. Nelson Van Denburg & Campbell Wealth Management Group LLC increased its position in WillScot Mobile Mini by 3.9% in the first quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 13,069 shares of the company, valued at $511,000, after purchasing an additional 491 shares during the period. Finally, LPL Financial LLC increased its position in WillScot Mobile Mini by 5.0% during the second quarter. LPL Financial LLC now owns 11,299 shares of the company’s stock valued at $366,000 after purchasing an additional 538 shares during the period. Institutional investors and hedge funds own 97.25% of the company’s shares.
WillScot Mobile Mini stock performance
WSC opened at $42.19 on Friday. The stock has a 50-day moving average of $43.80 and a 200-day moving average of $46.37. 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 market cap of $8.54 billion, a P/E of 18.26, a price-to-earnings-to-growth ratio of 1.37 and a beta of 1.52. The company has a debt to equity ratio of 1.84, a short term ratio of 0.96 and a current ratio of 1.04.
Insider activity at WillScot Mobile Mini
In other WillScot Mobile Mini news, CEO Bradley Lee Soultz bought 5,000 shares of the company’s stock in a transaction Tuesday, May 2nd. The stock was purchased at an average price of $44.62 per share for a total transaction of $223,100.00. Following the purchase, the CEO now directly owns 10,000 shares of the company, valued at $446,200. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be found at this link. 3.10% of the shares are owned by company insiders.
Wall Street analysts are weighing
Several research firms recently commented on the WSC. Robert W. Baird increased his price target on WillScot Mobile Mini to $55.00 from $50.00 in a research report on Thursday, April 27. Morgan Stanley lowered its target price on WillScot Mobile Mini to $60.00 from $62.00 in a research report on Tuesday, February 14, and gave the stock an “overweight” rating. Oppenheimer raised its price target on WillScot Mobile Mini to $53.00 from $51.00 and gave the stock a “outperform” rating in a research report on Thursday, February 23. Deutsche Bank Aktiengesellschaft increased its price target on WillScot Mobile Mini to $56.00 from $54.00 in a research report on Friday, April 28. Finally, on Wednesday, February 8th, William Blair began reporting on the WillScot Mobile Mini in a research report. They gave the stock an “outperform” rating. Six investment analysts have given the stock a buy rating. According to MarketBeat.com, the WillScot Mobile Mini has an average rating of Buy and a consensus price target of $54.83.
WillScot Mobile Mini Company Profile (Get Rating)
WillScot Mobile Mini Holdings Corp. offers modular and portable storage services. The Company offers furniture rental, transportation and logistics, warehousing and facility 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, healthcare, government, transportation, security and energy sectors.
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