GSA Capital Partners LLP Has $863,000 Holdings in Custom Truck One Source, Inc. $CTOS

GSA Capital Partners LLP decreased its stake in shares of Custom Truck One Source, Inc. (NYSE:CTOS) by 74.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 134,467 shares of the company’s stock after selling 398,756 shares during the quarter. GSA Capital Partners LLP’s holdings in Custom Truck One Source were worth $863,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of CTOS. Boston Partners boosted its stake in Custom Truck One Source by 71.5% during the second quarter. Boston Partners now owns 5,433,075 shares of the company’s stock worth $26,849,000 after acquiring an additional 2,264,366 shares in the last quarter. First Eagle Investment Management LLC grew its stake in Custom Truck One Source by 283.7% in the second quarter. First Eagle Investment Management LLC now owns 558,353 shares of the company’s stock valued at $2,758,000 after acquiring an additional 412,830 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Custom Truck One Source by 223.5% during the first quarter. Goldman Sachs Group Inc. now owns 529,589 shares of the company’s stock worth $2,235,000 after purchasing an additional 365,862 shares during the period. EFG Asset Management North America Corp. acquired a new stake in Custom Truck One Source in the 3rd quarter valued at $1,762,000. Finally, Kennedy Capital Management LLC increased its stake in Custom Truck One Source by 360.1% during the 2nd quarter. Kennedy Capital Management LLC now owns 252,031 shares of the company’s stock valued at $1,245,000 after purchasing an additional 197,258 shares in the last quarter. Institutional investors own 90.07% of the company’s stock.

Analysts Set New Price Targets

CTOS has been the topic of several research reports. Zacks Research upgraded shares of Custom Truck One Source from a “strong sell” rating to a “hold” rating in a report on Thursday, October 30th. Weiss Ratings restated a “sell (d-)” rating on shares of Custom Truck One Source in a report on Wednesday, January 21st. JPMorgan Chase & Co. increased their price objective on shares of Custom Truck One Source from $6.00 to $6.50 and gave the company an “underweight” rating in a research note on Wednesday, January 14th. Finally, Robert W. Baird set a $6.50 target price on shares of Custom Truck One Source in a research report on Wednesday, October 29th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Custom Truck One Source presently has an average rating of “Hold” and a consensus price target of $7.25.

Custom Truck One Source Stock Up 2.0%

Custom Truck One Source stock opened at $7.55 on Friday. The firm has a 50 day moving average price of $6.40 and a 200-day moving average price of $6.17. The company has a quick ratio of 0.22, a current ratio of 1.27 and a debt-to-equity ratio of 2.08. Custom Truck One Source, Inc. has a twelve month low of $3.18 and a twelve month high of $7.65. The company has a market capitalization of $1.71 billion, a P/E ratio of -62.88 and a beta of 1.17.

Custom Truck One Source Profile

Custom Truck One Source, Inc (NYSE: CTOS) is a North American provider of specialty rental equipment, parts and services. The company’s fleet encompasses a wide range of assets, including cranes, aerial work platforms, trench safety and shoring equipment, fluid management solutions, generators and other industrial machinery. Customers rely on Custom Truck One Source to support projects in construction, energy, telecommunications, industrial manufacturing, municipalities and large-scale events.

Headquartered in Plano, Texas, Custom Truck One Source has expanded through a combination of organic growth and strategic acquisitions to establish a network of more than 140 branch locations across the United States and Canada.