Hantz Financial Services Inc. Has $653,000 Position in WillScot Holdings Corporation $WSC

Hantz Financial Services Inc. lowered its holdings in WillScot Holdings Corporation (NASDAQ:WSC) by 73.1% in the third quarter, Holdings Channel.com reports. The firm owned 30,928 shares of the company’s stock after selling 84,168 shares during the period. Hantz Financial Services Inc.’s holdings in WillScot were worth $653,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of WSC. First Horizon Advisors Inc. raised its position in WillScot by 45.1% during the second quarter. First Horizon Advisors Inc. now owns 2,130 shares of the company’s stock valued at $58,000 after buying an additional 662 shares during the period. Nisa Investment Advisors LLC grew its stake in WillScot by 22.9% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,911 shares of the company’s stock valued at $61,000 after acquiring an additional 543 shares in the last quarter. Bayforest Capital Ltd acquired a new position in shares of WillScot in the 2nd quarter valued at about $131,000. Engineers Gate Manager LP purchased a new stake in shares of WillScot in the second quarter worth approximately $215,000. Finally, State of Wyoming lifted its position in shares of 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. Hedge funds and other institutional investors own 95.81% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on WSC shares. Citigroup boosted their price objective on shares of WillScot from $24.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Robert W. Baird restated a “neutral” rating and set a $23.00 price target (up from $22.00) on shares of WillScot in a report on Wednesday, January 21st. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of WillScot in a research note on Wednesday, January 21st. Morgan Stanley reissued an “equal weight” rating and set a $21.00 price objective (down previously from $37.00) on shares of WillScot in a research report on Thursday, November 13th. Finally, Wall Street Zen downgraded WillScot from a “hold” rating to a “sell” rating in a research note on Saturday. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $26.88.

WillScot Trading Up 6.1%

Shares of NASDAQ:WSC opened at $22.26 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.72 and a debt-to-equity ratio of 3.39. The stock has a market capitalization of $4.05 billion, a PE ratio of 18.40, a P/E/G ratio of 2.02 and a beta of 1.12. WillScot Holdings Corporation has a 1 year low of $14.91 and a 1 year high of $39.12. The firm has a fifty day moving average price of $20.53 and a 200 day moving average price of $21.87.

WillScot (NASDAQ:WSC) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.01. The company had revenue of $566.84 million during the quarter, compared to analysts’ expectations of $583.52 million. WillScot had a return on equity of 23.09% and a net margin of 9.64%.The business’s quarterly revenue was down 5.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.38 earnings per share. Analysts expect that WillScot Holdings Corporation will post 1.77 EPS for the current fiscal year.

WillScot Company Profile

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.