Hantz Financial Services Inc. Grows Stock Holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Hantz Financial Services Inc. boosted its stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 37.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 98,286 shares of the company’s stock after buying an additional 26,964 shares during the period. Hantz Financial Services Inc.’s holdings in WillScot Mobile Mini were worth $3,288,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in WSC. Bank of Montreal Can raised its position in WillScot Mobile Mini by 156.9% during the second quarter. Bank of Montreal Can now owns 41,875 shares of the company’s stock valued at $1,616,000 after purchasing an additional 25,578 shares during the period. Creative Planning grew its position in shares of WillScot Mobile Mini by 21.1% during the 2nd quarter. Creative Planning now owns 11,855 shares of the company’s stock worth $446,000 after buying an additional 2,068 shares in the last quarter. Teachers Retirement System of The State of Kentucky raised its holdings in shares of WillScot Mobile Mini by 7.8% in the 2nd quarter. Teachers Retirement System of The State of Kentucky now owns 40,880 shares of the company’s stock valued at $1,539,000 after purchasing an additional 2,960 shares in the last quarter. Sanctuary Advisors LLC bought a new position in WillScot Mobile Mini in the second quarter worth approximately $514,000. Finally, Fulton Bank N.A. bought a new position in shares of WillScot Mobile Mini in the 3rd quarter worth $264,000. 95.81% of the stock is owned by institutional investors.

Insider Activity

In related news, EVP Hezron T. Lopez sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $39.38, for a total transaction of $787,600.00. Following the sale, the executive vice president now directly owns 57,918 shares in the company, valued at approximately $2,280,810.84. This represents a 25.67 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Bradley Lee Soultz acquired 5,000 shares of the firm’s stock in a transaction dated Monday, November 4th. The shares were purchased at an average cost of $36.38 per share, with a total value of $181,900.00. Following the completion of the transaction, the chief executive officer now owns 144,686 shares in the company, valued at approximately $5,263,676.68. The trade was a 3.58 % increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 15,000 shares of company stock valued at $533,900 and have sold 36,959 shares valued at $1,382,636. Corporate insiders own 3.30% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on WSC shares. Morgan Stanley raised shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $40.00 to $50.00 in a research report on Tuesday, December 17th. Barclays dropped their target price on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Friday, November 1st. Robert W. Baird cut their price target on WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating on the stock in a research report on Thursday, October 31st. Baird R W cut shares of WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 24th. Finally, Deutsche Bank Aktiengesellschaft cut WillScot Mobile Mini from a “buy” rating to a “hold” rating and reduced their price target for the stock from $46.00 to $35.00 in a report on Thursday, October 31st. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $45.50.

WillScot Mobile Mini Stock Down 0.6 %

Shares of NASDAQ WSC opened at $36.97 on Friday. WillScot Mobile Mini Holdings Corp. has a 12-month low of $32.57 and a 12-month high of $52.16. The stock has a market cap of $6.83 billion, a PE ratio of 336.12, a P/E/G ratio of 2.04 and a beta of 1.40. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42. The company has a 50-day moving average of $36.09 and a 200 day moving average of $37.26.

WillScot Mobile Mini (NASDAQ:WSC) last issued its earnings results on Wednesday, October 30th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.10). WillScot Mobile Mini had a return on equity of 23.97% and a net margin of 1.05%. The firm had revenue of $601.43 million for the quarter, compared to analysts’ expectations of $617.83 million. During the same period last year, the firm earned $0.46 earnings per share. WillScot Mobile Mini’s revenue for the quarter was down .6% on a year-over-year basis. As a group, sell-side analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current fiscal year.

WillScot Mobile Mini Company Profile

WillScot Holdings Corporation 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.