8,816 Shares in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Acquired by Equitable Trust Co.

Equitable Trust Co. purchased a new stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 8,816 shares of the company’s stock, valued at approximately $295,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Creative Planning boosted 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 purchasing an additional 2,068 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in WillScot Mobile Mini during the 2nd quarter worth approximately $514,000. Swedbank AB boosted its holdings in WillScot Mobile Mini by 229.2% in the third quarter. Swedbank AB now owns 3,226,000 shares of the company’s stock worth $121,298,000 after acquiring an additional 2,246,000 shares in the last quarter. Sumitomo Life Insurance Co. grew its stake in WillScot Mobile Mini by 1.9% in the third quarter. Sumitomo Life Insurance Co. now owns 44,107 shares of the company’s stock valued at $1,658,000 after acquiring an additional 824 shares during the period. Finally, Secure Asset Management LLC increased its holdings in shares of WillScot Mobile Mini by 31.7% during the third quarter. Secure Asset Management LLC now owns 36,046 shares of the company’s stock valued at $1,355,000 after acquiring an additional 8,669 shares in the last quarter. 95.81% of the stock is currently owned by institutional investors.

WillScot Mobile Mini Price Performance

Shares of NASDAQ WSC opened at $37.91 on Wednesday. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42. The company has a market capitalization of $7.00 billion, a PE ratio of 344.67, a PEG ratio of 1.93 and a beta of 1.41. The stock’s 50 day moving average price is $35.91 and its 200-day moving average price is $36.98. WillScot Mobile Mini Holdings Corp. has a twelve month low of $32.57 and a twelve month high of $52.16.

Insiders Place Their Bets

In related news, CAO Sally J. Shanks sold 14,059 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $34.69, for a total transaction of $487,706.71. Following the completion of the sale, the chief accounting officer now owns 26,113 shares in the company, valued at approximately $905,859.97. This trade represents a 35.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Graeme Parkes sold 2,900 shares of the business’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $37.01, for a total transaction of $107,329.00. Following the completion of the transaction, the insider now owns 72,818 shares in the company, valued at approximately $2,694,994.18. The trade was 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 Analyst Weigh In

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

About WillScot Mobile Mini

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.