Azzad Asset Management Inc. ADV Grows Position in WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Azzad Asset Management Inc. ADV increased its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) by 2.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 53,219 shares of the company’s stock after purchasing an additional 1,386 shares during the period. Azzad Asset Management Inc. ADV’s holdings in WillScot Mobile Mini were worth $2,003,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Cary Street Partners Investment Advisory LLC boosted its position in WillScot Mobile Mini by 3.4% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 8,417 shares of the company’s stock valued at $344,000 after buying an additional 275 shares during the period. First Horizon Advisors Inc. boosted its position in WillScot Mobile Mini by 30.8% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,836 shares of the company’s stock valued at $69,000 after buying an additional 432 shares during the period. Coldstream Capital Management Inc. boosted its position in WillScot Mobile Mini by 9.7% in the 4th quarter. Coldstream Capital Management Inc. now owns 5,679 shares of the company’s stock valued at $253,000 after buying an additional 502 shares during the period. Park Place Capital Corp boosted its position in WillScot Mobile Mini by 29.3% in the 1st quarter. Park Place Capital Corp now owns 2,354 shares of the company’s stock valued at $109,000 after buying an additional 534 shares during the period. Finally, SRS Capital Advisors Inc. boosted its position in WillScot Mobile Mini by 6.4% in the 4th quarter. SRS Capital Advisors Inc. now owns 11,824 shares of the company’s stock valued at $526,000 after buying an additional 708 shares during the period. 95.81% of the stock is owned by hedge funds and other institutional investors.

WillScot Mobile Mini Trading Up 1.4 %

NASDAQ WSC opened at $38.54 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 2.88. The firm has a market cap of $7.33 billion, a PE ratio of 23.79, a price-to-earnings-growth ratio of 1.38 and a beta of 1.38. The company has a 50 day moving average price of $37.97 and a 200 day moving average price of $40.89. WillScot Mobile Mini Holdings Corp. has a 52 week low of $33.23 and a 52 week high of $52.16.

WillScot Mobile Mini (NASDAQ:WSC) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.01). WillScot Mobile Mini had a return on equity of 24.27% and a net margin of 7.77%. The firm had revenue of $604.59 million for the quarter, compared to the consensus estimate of $614.85 million. During the same quarter last year, the firm earned $0.43 EPS. The company’s revenue was up 3.9% compared to the same quarter last year. As a group, sell-side analysts forecast that WillScot Mobile Mini Holdings Corp. will post 1.76 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on WSC shares. Stifel Nicolaus lowered their price objective on shares of WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. DA Davidson lowered their price objective on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating for the company in a research report on Monday, August 5th. Oppenheimer reduced their price target on shares of WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating for the company in a report on Friday, August 2nd. Barclays reduced their price target on shares of WillScot Mobile Mini from $60.00 to $50.00 and set an “overweight” rating for the company in a report on Monday, August 5th. Finally, Bank of America reduced their price target on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating for the company in a report on Friday, August 2nd. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $48.50.

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.