Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ: WSC) sold by Victory Capital Management Inc.

Victory Capital Management Inc. reduced its stake in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ: WSC – Get a rating) by 15.3% in the 1st quarter, HoldingsChannel reports. The company held 941,182 shares of the company after selling 170,296 shares during the quarter. Victory Capital Management Inc.’s holdings in WillScot Mobile Mini were worth $36,754,000 at the end of the most recent period.

Several other institutional investors and hedge funds also changed their positions in the stock. State Street Corp increased its stake in WillScot Mobile Mini by 7.8% in the fourth quarter. State Street Corp now owns 4,094,250 shares of the company valued at $167,209,000 after acquiring an additional 295,399 shares in the last quarter. Geode Capital Management LLC increased its stake in WillScot Mobile Mini by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 3,755,826 shares of the company valued at $153,387,000 after acquiring 12,917 additional shares in the last quarter. Invesco Ltd. increased its stake in WillScot Mobile Mini by 183.4% in the fourth quarter. Invesco Ltd. now owns 3,458,121 shares of the company valued at $141,228,000 after acquiring an additional 2,237,714 shares in the last quarter. Alliancebernstein LP increased its stake in WillScot Mobile Mini by 1,059.8% in the fourth quarter. Alliancebernstein LP now owns 2,823,698 shares of the company valued at $115,320,000 after acquiring an additional 2,580,230 shares in the last quarter. Finally, Riverbridge Partners LLC increased its stake in WillScot Mobile Mini by 10.1% during the first quarter. Riverbridge Partners LLC now owns 2,104,503 shares of the company worth $82,349,000 after purchasing an additional 192,243 shares in the last quarter. 98.98% of the shares are currently held by institutional investors and hedge funds.

A Wall Street analyst gives his opinion

A number of research analysts have commented on WSC’s actions. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $49.00 price target on WillScot Mobile Mini shares in a Friday, April 29 research note. Morgan Stanley cut its price target on WillScot Mobile Mini from $47.00 to $46.00 and set an “overweight” rating on the stock in a Monday, July 18 research report. Seven research analysts rated the stock with a buy rating. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $44.57.

Insider Activity at WillScot Mobile Mini

In other news, CEO Bradley Lee Soultz acquired 2,500 shares of the company in a transaction on Wednesday, May 18. The shares were purchased at an average price of $34.20 per share, with a total value of $85,500.00. Following the completion of the acquisition, the CEO now owns 419,971 shares of the company, valued at approximately $14,363,008.20. The transaction was disclosed in a document filed with the SEC, accessible via this hyperlink. 2.80% of the shares are currently held by company insiders.

WillScot Mobile Mini Stock Performance

NASDAQ: WSC opened at $38.66 on Tuesday. The company has a market capitalization of $8.60 billion, a PE ratio of 43.93, a growth price-earnings ratio of 1.11 and a beta of 1.71. The company’s fifty-day moving average price is $34.42 and its 200-day moving average price is $35.95. The company has a debt ratio of 1.42, a current ratio of 0.94 and a quick ratio of 0.86. WillScot Mobile Mini Holdings Corp. has a 12-month low of $26.44 and a 12-month high of $42.00.

About WillScot Mobile Mini

(Get a rating)

WillScot Mobile Mini Holdings Corp. provides workspaces and portable storage solutions in the United States, Canada, Mexico and the United Kingdom. The Company rents modular space and portable storage units to customers in commercial and industrial, construction, education, energy and natural resources, government and other end markets.