Buck Wealth Strategies LLC Raises Stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Buck Wealth Strategies LLC grew its holdings in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 39.6% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 107,307 shares of the company’s stock after buying an additional 30,450 shares during the period. Buck Wealth Strategies LLC owned 0.06% of WillScot Mobile Mini worth $3,589,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Douglass Winthrop Advisors LLC increased its stake in WillScot Mobile Mini by 32.4% in the 3rd quarter. Douglass Winthrop Advisors LLC now owns 165,143 shares of the company’s stock valued at $6,209,000 after buying an additional 40,393 shares during the period. First Sabrepoint Capital Management LP raised its holdings in WillScot Mobile Mini by 17.5% during the third quarter. First Sabrepoint Capital Management LP now owns 238,143 shares of the company’s stock worth $8,954,000 after purchasing an additional 35,492 shares in the last quarter. Bislett Management LLC lifted its position in WillScot Mobile Mini by 3.1% in the third quarter. Bislett Management LLC now owns 1,170,000 shares of the company’s stock valued at $43,992,000 after purchasing an additional 35,000 shares during the period. Swedbank AB boosted its holdings in WillScot Mobile Mini by 229.2% in the 3rd quarter. Swedbank AB now owns 3,226,000 shares of the company’s stock valued at $121,298,000 after purchasing an additional 2,246,000 shares in the last quarter. Finally, Point72 Asset Management L.P. acquired a new position in WillScot Mobile Mini during the 3rd quarter worth approximately $20,773,000. Hedge funds and other institutional investors own 95.81% of the company’s stock.

Insider Transactions at WillScot Mobile Mini

In other news, EVP Hezron T. Lopez sold 20,000 shares of the firm’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $39.38, for a total transaction of $787,600.00. Following the completion of the sale, the executive vice president now directly owns 57,918 shares in the company, valued at $2,280,810.84. This trade represents a 25.67 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Graeme Parkes sold 2,900 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $37.01, for a total value of $107,329.00. Following the sale, the insider now owns 72,818 shares of the company’s stock, valued at approximately $2,694,994.18. This trade represents a 3.83 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 36,959 shares of company stock valued at $1,382,636 over the last quarter. Company insiders own 3.30% of the company’s stock.

Analyst Upgrades and Downgrades

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

WillScot Mobile Mini Stock Up 1.9 %

Shares of WillScot Mobile Mini stock opened at $35.88 on Thursday. WillScot Mobile Mini Holdings Corp. has a twelve month low of $32.57 and a twelve month high of $52.16. The stock has a market cap of $6.63 billion, a price-to-earnings ratio of 326.21, a price-to-earnings-growth ratio of 1.93 and a beta of 1.41. 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 fifty day moving average price of $36.01 and a 200 day moving average price of $37.12.

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.