Credit Suisse AG reduced its stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC – Get Rating) rose 6.9% in the third quarter, according to its most recent filing on Form 13F with the Securities & Exchange Commission. The fund owned 443,022 shares of the company after selling 32,946 shares during the period. Credit Suisse AG owned about 0.20% of WillScot Mobile Mini valued at $17,867,000 at the end of the most recent quarter.
A number of other large investors have also recently been buying and selling WSC stock. PointState Capital LP purchased a new position in WillScot Mobile Mini valued at approximately $50,802,000 during the second quarter. Millennium Management LLC increased its stake in WillScot Mobile Mini by 422.9% during the second quarter. Millennium Management LLC now owns 1,672,933 shares of the Company’s stock valued at $54,236,000 after purchasing an additional 1,352,996 shares during the period. invesco ltd increased its stake in WillScot Mobile Mini by 37.3% in the first quarter. invesco ltd now owns 4,749,059 shares of the Company’s shares valued at $185,829,000 after purchasing an additional 1,290,938 shares during the period. Assenagon Asset Management SA increased its stake in WillScot Mobile Mini by 103.6% in the third quarter. Assenagon Asset Management SA now owns 2,260,827 shares of the company valued at $91,179,000 after purchasing an additional 1,150,215 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its stake in WillScot Mobile Mini by 555.1% during the second quarter. Price T. Rowe Associates Inc. MD now owns 1,353,294 shares of the company’s stock valued at $43,874,000 after purchasing an additional 1,146,708 shares during the period. Institutional investors own 97.25% of the company’s shares.
WillScot Mobile Mini Trade down 0.7%
WillScot Mobile Mini stock opened at $51.47 on Wednesday. The company has a debt to equity ratio of 1.75, a quick ratio of 0.81 and a current ratio of 0.88. The company has a market cap of $10.75 billion, a price-to-earnings ratio of 35.50, a price-to-earnings-to-growth ratio of 1.11 and a beta of 1.54. WillScot Mobile Mini Holdings Corp. has a 1-year low of $30.52 and a 1-year high of $52.16. The company’s 50-day moving average price is $47.07 and its 200-day moving average price is $44.59.
Changes in analyst ratings
The WSC has been the subject of several analyst reports. Morgan Stanley lowered its target price on WillScot Mobile Mini shares to $60.00 from $62.00 and rated the stock as “overweight” in a research note on Tuesday, February 14. Robert W. Baird increased his price target for shares of WillScot Mobile Mini from $45.00 to $53.00 in a research note on Thursday, November 3rd. Barclays raised its target price on shares of WillScot Mobile Mini from $50.00 to $55.00 and ranked the company as “overweight” in a research note on Friday, December 2nd. Finally, on Wednesday, February 8th, William Blair took over for coverage of shares in WillScot Mobile Mini in a research note. They gave the stock an “outperform” rating. Five investment analysts have given the stock a buy rating. Based on data from MarketBeat, WillScot Mobile Mini currently has an average rating of Buy and a consensus price target of $52.67.
WillScot Mobile Mini Company Profile (Get Review)
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 provides 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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