Sei Investments Co. Has $599,000 Stock Holdings in Custom Truck One Source, Inc. (NYSE:CTOS)

Sei Investments Co. decreased its position in Custom Truck One Source, Inc. (NYSE:CTOS) by 3.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 124,565 shares of the company’s stock after selling 4,160 shares during the period. Sei Investments Co.’s holdings in Custom Truck One Source were worth $599,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. R Squared Ltd acquired a new stake in shares of Custom Truck One Source during the 4th quarter valued at about $39,000. Platform Technology Partners bought a new position in Custom Truck One Source during the fourth quarter worth about $66,000. Intech Investment Management LLC boosted its holdings in Custom Truck One Source by 52.4% during the fourth quarter. Intech Investment Management LLC now owns 24,747 shares of the company’s stock valued at $119,000 after purchasing an additional 8,514 shares in the last quarter. FMR LLC grew its stake in shares of Custom Truck One Source by 1,234.8% in the 3rd quarter. FMR LLC now owns 28,846 shares of the company’s stock valued at $100,000 after purchasing an additional 26,685 shares during the period. Finally, Stoneridge Investment Partners LLC raised its holdings in shares of Custom Truck One Source by 22.0% in the 4th quarter. Stoneridge Investment Partners LLC now owns 30,335 shares of the company’s stock worth $146,000 after buying an additional 5,478 shares in the last quarter. Institutional investors own 90.07% of the company’s stock.

Insider Activity at Custom Truck One Source

In related news, major shareholder Pe One Source Holdings, Llc acquired 8,143,635 shares of the firm’s stock in a transaction on Thursday, January 30th. The shares were purchased at an average price of $4.00 per share, with a total value of $32,574,540.00. Following the acquisition, the insider now directly owns 156,743,635 shares in the company, valued at $626,974,540. The trade was a 5.48 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Insiders own 5.60% of the company’s stock.

Custom Truck One Source Stock Performance

NYSE:CTOS opened at $3.78 on Thursday. The stock has a market capitalization of $852.06 million, a P/E ratio of -23.60 and a beta of 0.83. The company has a current ratio of 1.28, a quick ratio of 0.19 and a debt-to-equity ratio of 1.87. Custom Truck One Source, Inc. has a 1 year low of $3.03 and a 1 year high of $6.11. The firm has a 50 day moving average of $4.62 and a 200-day moving average of $4.59.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Stifel Nicolaus decreased their price target on Custom Truck One Source from $5.50 to $5.00 and set a “hold” rating on the stock in a research note on Wednesday. Oppenheimer boosted their target price on shares of Custom Truck One Source from $5.00 to $6.00 and gave the company an “outperform” rating in a research note on Thursday, March 6th.

Custom Truck One Source 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).