Barclays PLC Has $291,000 Holdings in Custom Truck One Source, Inc. (NYSE:CTOS)

Barclays PLC grew its holdings in shares of Custom Truck One Source, Inc. (NYSE:CTOS) by 349.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 84,526 shares of the company’s stock after purchasing an additional 65,725 shares during the period. Barclays PLC’s holdings in Custom Truck One Source were worth $291,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in CTOS. Black Diamond Financial LLC lifted its holdings in shares of Custom Truck One Source by 906.8% during the 3rd quarter. Black Diamond Financial LLC now owns 1,427,000 shares of the company’s stock worth $4,923,000 after acquiring an additional 1,285,265 shares during the period. Maven Securities LTD bought a new stake in shares of Custom Truck One Source during the 2nd quarter worth approximately $2,175,000. Dimensional Fund Advisors LP lifted its holdings in shares of Custom Truck One Source by 22.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,246,060 shares of the company’s stock worth $9,770,000 after acquiring an additional 410,895 shares during the period. First Eagle Investment Management LLC bought a new stake in shares of Custom Truck One Source during the 2nd quarter worth approximately $1,328,000. Finally, Paloma Partners Management Co lifted its holdings in shares of Custom Truck One Source by 17.5% during the 3rd quarter. Paloma Partners Management Co now owns 256,146 shares of the company’s stock worth $884,000 after acquiring an additional 38,242 shares during the period. Institutional investors and hedge funds own 90.07% of the company’s stock.

Analyst Upgrades and Downgrades

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

Custom Truck One Source Price Performance

Shares of NYSE:CTOS opened at $4.87 on Monday. The company has a market cap of $1.14 billion, a price-to-earnings ratio of -30.44 and a beta of 0.78. 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 50 day simple moving average of $5.05 and a 200 day simple moving average of $4.39. Custom Truck One Source, Inc. has a one year low of $3.03 and a one year high of $7.00.

Custom Truck One Source (NYSE:CTOS) last issued its quarterly earnings data on Wednesday, October 30th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.04). The company had revenue of $447.22 million during the quarter, compared to the consensus estimate 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%. Custom Truck One Source’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.04 EPS. Research analysts predict that Custom Truck One Source, Inc. will post -0.21 earnings per share for the current fiscal year.

About Custom Truck One Source

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).