Generate Investment Management Ltd Has $21.49 Million Stake in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Generate Investment Management Ltd reduced its stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 41.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 642,406 shares of the company’s stock after selling 448,965 shares during the quarter. WillScot Mobile Mini makes up approximately 1.5% of Generate Investment Management Ltd’s portfolio, making the stock its 21st largest position. Generate Investment Management Ltd owned about 0.35% of WillScot Mobile Mini worth $21,488,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in WSC. V Square Quantitative Management LLC acquired a new stake in shares of WillScot Mobile Mini during the 3rd quarter valued at about $25,000. Hexagon Capital Partners LLC increased its stake in shares of WillScot Mobile Mini by 200.0% during the 3rd quarter. Hexagon Capital Partners LLC now owns 900 shares of the company’s stock worth $34,000 after purchasing an additional 600 shares during the last quarter. Financial Management Professionals Inc. bought a new position in shares of WillScot Mobile Mini during the 3rd quarter valued at $36,000. First Horizon Advisors Inc. lifted its stake in shares of WillScot Mobile Mini by 16.4% in the 3rd quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company’s stock valued at $80,000 after purchasing an additional 302 shares during the last quarter. Finally, KBC Group NV lifted its stake in shares of WillScot Mobile Mini by 14.7% in 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 last quarter. 95.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

WSC has been the subject of several recent analyst reports. Robert W. Baird decreased their price target on WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating for the company in a research note on Thursday, October 31st. Baird R W downgraded WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 24th. 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 research note on Friday, November 1st. Deutsche Bank Aktiengesellschaft lowered shares of WillScot Mobile Mini from a “buy” rating to a “hold” rating and lowered their target price for the company from $46.00 to $35.00 in a research note on Thursday, October 31st. Finally, Morgan Stanley raised shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $40.00 to $50.00 in a research report on Tuesday, December 17th. Five equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $45.50.

Insider Buying and Selling at WillScot Mobile Mini

In other WillScot Mobile Mini 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 transaction of $487,706.71. Following the completion of the transaction, the chief accounting officer now directly owns 26,113 shares in the company, valued at $905,859.97. This represents a 35.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Bradley Lee Soultz bought 5,000 shares of WillScot Mobile Mini stock in a transaction dated Thursday, November 14th. The stock was purchased at an average price of $35.41 per share, for a total transaction of $177,050.00. Following the purchase, the chief executive officer now directly owns 144,686 shares in the company, valued at $5,123,331.26. This represents a 3.58 % increase in their position. The disclosure for this purchase can be found here. Insiders own 3.30% of the company’s stock.

WillScot Mobile Mini Price Performance

Shares of WSC stock opened at $37.07 on Friday. The company has a market capitalization of $6.85 billion, a P/E ratio of 337.03, a P/E/G ratio of 1.93 and a beta of 1.41. 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 50 day moving average of $35.96 and a two-hundred day moving average of $37.12. 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 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.