Jane Street Group LLC Cuts Position in Custom Truck One Source, Inc. (NYSE:CTOS)

Jane Street Group LLC decreased its position in Custom Truck One Source, Inc. (NYSE:CTOS - Free Report) by 86.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,278 shares of the company's stock after selling 77,154 shares during the period. Jane Street Group LLC's holdings in Custom Truck One Source were worth $59,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CTOS. KLP Kapitalforvaltning AS bought a new position in shares of Custom Truck One Source during the 4th quarter worth approximately $56,000. Platform Technology Partners acquired a new stake in shares of Custom Truck One Source during the 4th quarter worth about $66,000. Price T Rowe Associates Inc. MD grew its position in shares of Custom Truck One Source by 18.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 19,394 shares of the company's stock valued at $94,000 after purchasing an additional 2,999 shares during the last quarter. Intech Investment Management LLC increased its position in Custom Truck One Source by 52.4% during the 4th quarter. Intech Investment Management LLC now owns 24,747 shares of the company's stock worth $119,000 after buying an additional 8,514 shares during the period. Finally, Stoneridge Investment Partners LLC increased its holdings in shares of Custom Truck One Source by 22.0% during the fourth quarter. Stoneridge Investment Partners LLC now owns 30,335 shares of the company's stock worth $146,000 after purchasing an additional 5,478 shares during the period. Institutional investors and hedge funds own 90.07% of the company's stock.

Custom Truck One Source Stock Down 0.6%

Shares of NYSE CTOS traded down $0.03 during trading on Thursday, hitting $4.71. The stock had a trading volume of 245,674 shares, compared to its average volume of 673,119. The company has a debt-to-equity ratio of 1.87, a current ratio of 1.28 and a quick ratio of 0.19. The firm has a fifty day moving average of $4.16 and a two-hundred day moving average of $4.67. Custom Truck One Source, Inc. has a 12 month low of $3.03 and a 12 month high of $6.11. The company has a market capitalization of $1.06 billion, a PE ratio of -29.44 and a beta of 1.18.

Custom Truck One Source (NYSE:CTOS - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.01). The firm had revenue of $422.23 million during the quarter, compared to the consensus estimate of $435.19 million. Custom Truck One Source had a negative net margin of 2.22% and a negative return on equity of 4.57%. The company's revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.06) earnings per share. As a group, equities research analysts forecast that Custom Truck One Source, Inc. will post -0.21 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

CTOS has been the subject of several research analyst reports. Oppenheimer boosted their price objective on shares of Custom Truck One Source from $5.00 to $6.00 and gave the company an "outperform" rating in a research report on Thursday, March 6th. Baird R W downgraded Custom Truck One Source from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 28th. Stifel Nicolaus decreased their price target on shares of Custom Truck One Source from $5.50 to $5.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Finally, Robert W. Baird lowered Custom Truck One Source from an "outperform" rating to a "neutral" rating and set a $5.00 target price for the company. in a research report on Monday, April 28th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $5.25.

Custom Truck One Source Company Profile

Custom Truck One Source, Inc provides specialty equipment rental and sale services to the electric utility transmission and distribution, telecommunications, rail, forestry, waste management, and other infrastructure-related industries in the United States and Canada. The company operates through three segments: Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS).