Barclays PLC grew its position in shares of Oshkosh Co. (NYSE:OSK - Free Report) by 26.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 141,450 shares of the company's stock after buying an additional 29,740 shares during the quarter. Barclays PLC owned approximately 0.22% of Oshkosh worth $13,448,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds also recently modified their holdings of the company. Blue Trust Inc. raised its position in Oshkosh by 108.7% in the 4th quarter. Blue Trust Inc. now owns 265 shares of the company's stock valued at $27,000 after purchasing an additional 138 shares during the last quarter. Hager Investment Management Services LLC acquired a new stake in shares of Oshkosh in the fourth quarter valued at $32,000. Proficio Capital Partners LLC bought a new position in shares of Oshkosh in the fourth quarter valued at about $34,000. V Square Quantitative Management LLC lifted its position in Oshkosh by 64.1% during the 4th quarter. V Square Quantitative Management LLC now owns 402 shares of the company's stock worth $38,000 after buying an additional 157 shares in the last quarter. Finally, Twin Tree Management LP bought a new stake in Oshkosh during the 4th quarter worth about $41,000. Institutional investors and hedge funds own 92.36% of the company's stock.
Oshkosh Trading Up 0.6 %
NYSE OSK traded up $0.54 during trading on Friday, reaching $89.25. 253,487 shares of the stock traded hands, compared to its average volume of 747,443. The stock's 50-day moving average price is $93.71 and its 200 day moving average price is $100.12. The company has a quick ratio of 0.76, a current ratio of 1.51 and a debt-to-equity ratio of 0.14. The firm has a market cap of $5.77 billion, a price-to-earnings ratio of 8.62, a price-to-earnings-growth ratio of 1.45 and a beta of 1.26. Oshkosh Co. has a fifty-two week low of $76.82 and a fifty-two week high of $123.25.
Oshkosh (NYSE:OSK - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The company reported $2.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.22 by $0.36. Oshkosh had a net margin of 6.34% and a return on equity of 19.31%. Analysts predict that Oshkosh Co. will post 10.96 EPS for the current year.
Oshkosh Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were issued a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Oshkosh's previous quarterly dividend of $0.46. Oshkosh's payout ratio is 19.71%.
Analysts Set New Price Targets
A number of equities analysts have weighed in on OSK shares. Evercore ISI boosted their target price on shares of Oshkosh from $122.00 to $137.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 19th. Citigroup reduced their price objective on Oshkosh from $130.00 to $95.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Bank of America lifted their target price on Oshkosh from $95.00 to $110.00 and gave the company an "underperform" rating in a research note on Monday, February 10th. The Goldman Sachs Group dropped their target price on Oshkosh from $135.00 to $116.00 and set a "neutral" rating for the company in a research report on Wednesday, March 19th. Finally, KeyCorp lowered their price objective on Oshkosh from $132.00 to $120.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, Oshkosh currently has an average rating of "Hold" and a consensus price target of $115.00.
Get Our Latest Stock Report on Oshkosh
About Oshkosh
(
Free Report)
Oshkosh Corporation provides purpose-built vehicles and equipment worldwide. The company operates through three segments: Access, Defense, and Vocational segment. Its Access Equipment segment design and manufacture aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; offers financing and leasing solutions including rental fleet loans, leases, and floor plan and retail financing; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides equipment installation and sale of chassis and service parts.
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