Custom Truck One Source, Inc. (NYSE:CTOS) Shares Acquired by Jane Street Group LLC

Jane Street Group LLC increased its stake in shares of Custom Truck One Source, Inc. (NYSE:CTOS) by 4.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,432 shares of the company’s stock after acquiring an additional 4,155 shares during the quarter. Jane Street Group LLC’s holdings in Custom Truck One Source were worth $309,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. D.A. Davidson & CO. grew its holdings in shares of Custom Truck One Source by 20.5% during the third quarter. D.A. Davidson & CO. now owns 29,240 shares of the company’s stock worth $101,000 after buying an additional 4,975 shares in the last quarter. Victory Capital Management Inc. acquired a new position in shares of Custom Truck One Source in the 2nd quarter valued at $47,000. Bank of New York Mellon Corp increased its stake in Custom Truck One Source by 4.7% during the second quarter. Bank of New York Mellon Corp now owns 266,415 shares of the company’s stock worth $1,159,000 after acquiring an additional 11,964 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Custom Truck One Source by 15.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 109,626 shares of the company’s stock valued at $378,000 after buying an additional 14,906 shares in the last quarter. Finally, Intech Investment Management LLC purchased a new stake in Custom Truck One Source during the 3rd quarter worth $56,000. 90.07% of the stock is owned by hedge funds and other institutional investors.

Custom Truck One Source Price Performance

Shares of NYSE CTOS opened at $4.48 on Friday. Custom Truck One Source, Inc. has a twelve month low of $3.03 and a twelve month high of $7.00. The business has a 50 day simple moving average of $5.11 and a 200-day simple moving average of $4.39. The company has a current ratio of 1.28, a quick ratio of 0.19 and a debt-to-equity ratio of 1.87. The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of -28.00 and a beta of 0.79.

Custom Truck One Source (NYSE:CTOS) last announced its quarterly earnings results on Wednesday, October 30th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.04). The firm had revenue of $447.22 million for the quarter, compared to analyst estimates of $448.46 million. Custom Truck One Source had a negative net margin of 2.22% and a negative return on equity of 4.57%. The business’s revenue was up 3.0% compared to the same quarter last year. During the same period last year, the firm posted $0.04 EPS. As a group, equities research analysts expect that Custom Truck One Source, Inc. will post -0.21 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Oppenheimer cut their price objective on shares of Custom Truck One Source from $6.00 to $5.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th.

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).