Compound Global Advisors LLC Buys Shares of 22,000 WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Compound Global Advisors LLC purchased a new position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 22,000 shares of the company’s stock, valued at approximately $736,000. WillScot Mobile Mini accounts for about 3.0% of Compound Global Advisors LLC’s holdings, making the stock its 12th biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. V Square Quantitative Management LLC bought a new stake in shares of WillScot Mobile Mini in the 3rd quarter valued at about $25,000. Financial Management Professionals Inc. acquired a new position in shares of WillScot Mobile Mini in the third quarter worth approximately $36,000. First Horizon Advisors Inc. boosted its holdings in WillScot Mobile Mini by 16.4% in the third quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company’s stock valued at $80,000 after acquiring an additional 302 shares during the last quarter. KBC Group NV increased its position in WillScot Mobile Mini by 14.7% during the 3rd quarter. KBC Group NV now owns 5,110 shares of the company’s stock valued at $192,000 after purchasing an additional 655 shares during the period. Finally, Stephens Inc. AR acquired a new stake in WillScot Mobile Mini during the 3rd quarter valued at approximately $200,000. Institutional investors and hedge funds own 95.81% of the company’s stock.

Insider Buying and Selling at WillScot Mobile Mini

In related news, CAO Sally J. Shanks sold 14,059 shares of the stock in a transaction on Monday, November 18th. The stock was sold at an average price of $34.69, for a total value of $487,706.71. Following the completion of the sale, the chief accounting officer now directly owns 26,113 shares of the company’s stock, valued at approximately $905,859.97. This represents a 35.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Graeme Parkes sold 2,900 shares of WillScot Mobile Mini stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $37.01, for a total transaction of $107,329.00. Following the transaction, the insider now directly owns 72,818 shares in the company, valued at $2,694,994.18. This represents a 3.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 3.30% of the company’s stock.

Wall Street Analysts Forecast Growth

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

WillScot Mobile Mini Stock Performance

NASDAQ WSC opened at $37.70 on Tuesday. The company has a market cap of $6.97 billion, a P/E ratio of 342.76, a PEG ratio of 1.93 and a beta of 1.41. The company has a fifty day simple moving average of $35.92 and a 200 day simple moving average of $37.02. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42. WillScot Mobile Mini Holdings Corp. has a 12-month low of $32.57 and a 12-month high of $52.16.

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.