Centiva Capital LP Buys 2,846 Shares of Oshkosh Co. (NYSE:OSK)

Centiva Capital LP boosted its holdings in shares of Oshkosh Co. (NYSE:OSK - Free Report) by 21.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,198 shares of the company's stock after buying an additional 2,846 shares during the quarter. Centiva Capital LP's holdings in Oshkosh were worth $1,540,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of OSK. Blue Trust Inc. boosted its position in Oshkosh by 108.7% during the fourth quarter. Blue Trust Inc. now owns 265 shares of the company's stock worth $27,000 after purchasing an additional 138 shares during the period. Coppell Advisory Solutions LLC lifted its stake in shares of Oshkosh by 52.1% during the 4th quarter. Coppell Advisory Solutions LLC now owns 321 shares of the company's stock worth $30,000 after buying an additional 110 shares during the last quarter. Hager Investment Management Services LLC bought a new stake in shares of Oshkosh during the 4th quarter worth about $32,000. Proficio Capital Partners LLC acquired a new position in Oshkosh in the 4th quarter valued at about $34,000. Finally, V Square Quantitative Management LLC boosted its holdings in shares of Oshkosh by 64.1% during the fourth quarter. V Square Quantitative Management LLC now owns 402 shares of the company's stock worth $38,000 after acquiring an additional 157 shares during the period. Institutional investors own 92.36% of the company's stock.

Oshkosh Trading Up 2.4%

Shares of Oshkosh stock traded up $2.32 on Tuesday, hitting $100.06. 193,717 shares of the company's stock traded hands, compared to its average volume of 614,823. The company has a fifty day moving average of $90.49 and a two-hundred day moving average of $98.84. Oshkosh Co. has a one year low of $76.82 and a one year high of $123.25. The company has a market capitalization of $6.44 billion, a price-to-earnings ratio of 9.67, a price-to-earnings-growth ratio of 1.45 and a beta of 1.37. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.51 and a quick ratio of 0.76.

Oshkosh (NYSE:OSK - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $1.92 EPS for the quarter, missing analysts' consensus estimates of $2.02 by ($0.10). The company had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.42 billion. Oshkosh had a return on equity of 19.31% and a net margin of 6.34%. The company's revenue for the quarter was down 9.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.89 earnings per share. As a group, sell-side analysts expect that Oshkosh Co. will post 10.96 earnings per share for the current year.

Oshkosh Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be paid a $0.51 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $2.04 dividend on an annualized basis and a yield of 2.04%. Oshkosh's dividend payout ratio (DPR) is presently 21.79%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on OSK. DA Davidson lowered their target price on shares of Oshkosh from $120.00 to $111.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. Morgan Stanley cut their price target on Oshkosh from $110.00 to $91.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. Evercore ISI lifted their target price on shares of Oshkosh from $122.00 to $137.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 19th. Robert W. Baird decreased their price target on shares of Oshkosh from $163.00 to $135.00 and set an "outperform" rating for the company in a research report on Thursday, May 1st. Finally, KeyCorp cut their price target on shares of Oshkosh from $132.00 to $120.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, Oshkosh has an average rating of "Moderate Buy" and an average target price of $112.64.

About Oshkosh

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.