NumerixS Investment Technologies Inc cut its holdings in WillScot Corp (NASDAQ:WSC) by 43.0% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,174 shares of the company’s stock after selling 8,413 shares during the quarter. NumerixS Investment Technologies Inc’s holdings in WillScot were worth $122,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Castleark Management LLC acquired a new stake in WillScot in the fourth quarter valued at about $2,983,000. Bank of Montreal Can raised its position in WillScot by 3,531.9% in the fourth quarter. Bank of Montreal Can now owns 9,007 shares of the company’s stock valued at $85,000 after purchasing an additional 8,759 shares during the last quarter. Chescapmanager LLC raised its position in WillScot by 12.8% in the fourth quarter. Chescapmanager LLC now owns 1,834,418 shares of the company’s stock valued at $17,280,000 after purchasing an additional 208,218 shares during the last quarter. JPMorgan Chase & Co. raised its position in WillScot by 8.8% in the first quarter. JPMorgan Chase & Co. now owns 6,850,682 shares of the company’s stock valued at $75,973,000 after purchasing an additional 553,033 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in WillScot by 25.1% in the third quarter. Bank of New York Mellon Corp now owns 127,179 shares of the company’s stock valued at $2,181,000 after purchasing an additional 25,497 shares during the last quarter. 48.04% of the stock is currently owned by institutional investors and hedge funds.

In related news, Director Mark S. Bartlett acquired 35,000 shares of the stock in a transaction dated Friday, March 22nd. The stock was bought at an average cost of $11.56 per share, for a total transaction of $404,600.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 66.27% of the stock is owned by company insiders.

WillScot stock opened at $14.50 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.10 and a debt-to-equity ratio of 2.46. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of 207.29, a PEG ratio of 8.60 and a beta of 1.82. WillScot Corp has a 12 month low of $8.21 and a 12 month high of $18.19.

WillScot (NASDAQ:WSC) last posted its earnings results on Thursday, May 2nd. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.03). The firm had revenue of $255.00 million during the quarter, compared to the consensus estimate of $254.20 million. WillScot had a negative net margin of 6.34% and a positive return on equity of 0.95%. The company’s revenue was up 89.2% compared to the same quarter last year. On average, research analysts anticipate that WillScot Corp will post 0.11 EPS for the current year.

Several equities analysts have commented on WSC shares. Bank of America started coverage on WillScot in a research report on Tuesday, April 2nd. They issued a “buy” rating and a $13.50 target price for the company. Zacks Investment Research upgraded WillScot from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a research report on Saturday, March 16th. Finally, TheStreet upgraded WillScot from a “d-” rating to a “c-” rating in a research report on Wednesday, May 8th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. WillScot currently has a consensus rating of “Buy” and an average target price of $16.79.

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About WillScot

Willscot Corp. operates as a holding company, which engages in the provision of modular space and portable storage markets. Its services include furniture rental, transportation and logistics, storage & facilities services and commercial real estate. The company was founded by Albert Vaughn Williams in 1944 and is headquartered in Baltimore, MD.

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Institutional Ownership by Quarter for WillScot (NASDAQ:WSC)

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