Mraz Amerine & Associates Inc. Has $1.38 Million Stake in WillScot Holdings Corporation $WSC

Mraz Amerine & Associates Inc. increased its position in WillScot Holdings Corporation (NASDAQ:WSC) by 90.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 65,302 shares of the company’s stock after buying an additional 30,927 shares during the period. Mraz Amerine & Associates Inc.’s holdings in WillScot were worth $1,379,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in WSC. First Horizon Advisors Inc. grew its position in WillScot by 45.1% in the second quarter. First Horizon Advisors Inc. now owns 2,130 shares of the company’s stock worth $58,000 after acquiring an additional 662 shares in the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of WillScot by 22.9% in the 3rd quarter. Nisa Investment Advisors LLC now owns 2,911 shares of the company’s stock valued at $61,000 after purchasing an additional 543 shares during the last quarter. Bayforest Capital Ltd acquired a new stake in shares of WillScot in the 2nd quarter valued at $131,000. State of Wyoming boosted its holdings in WillScot by 55.8% in the third quarter. State of Wyoming now owns 8,751 shares of the company’s stock worth $185,000 after purchasing an additional 3,133 shares in the last quarter. Finally, Engineers Gate Manager LP acquired a new position in WillScot during the second quarter worth $215,000. Institutional investors own 95.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on WSC. Wall Street Zen cut WillScot from a “hold” rating to a “sell” rating in a research report on Saturday, February 7th. Citigroup boosted their target price on WillScot from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Weiss Ratings reiterated a “sell (d+)” rating on shares of WillScot in a report on Wednesday, January 21st. DA Davidson dropped their price target on shares of WillScot from $35.00 to $32.00 and set a “buy” rating on the stock in a research report on Monday, November 10th. Finally, Barclays decreased their price objective on shares of WillScot from $22.00 to $18.00 and set an “equal weight” rating for the company in a report on Monday, November 10th. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $26.88.

WillScot Stock Down 2.9%

Shares of WSC stock opened at $21.22 on Friday. WillScot Holdings Corporation has a 12 month low of $14.91 and a 12 month high of $39.12. The company has a quick ratio of 0.72, a current ratio of 0.79 and a debt-to-equity ratio of 3.39. The firm has a market cap of $3.86 billion, a PE ratio of 17.54, a price-to-earnings-growth ratio of 1.98 and a beta of 1.12. The stock has a 50 day moving average of $20.62 and a 200-day moving average of $21.67.

About WillScot

WillScot (NASDAQ: WSC) is a leading North American provider of modular space and portable storage solutions. The company designs, manufactures, leases and sells temporary and permanent modular buildings to serve sectors such as education, healthcare, construction, industrial and government. Its modular space offerings range from single‐unit office trailers and classrooms to complex multi‐unit configurations tailored to diverse project requirements.

In addition to modular structures, WillScot offers a broad portfolio of portable storage containers and related services, including site logistics, customization, delivery and installation.