UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Raises Stock Holdings in Oshkosh Co. (NYSE:OSK)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Oshkosh Co. (NYSE:OSK - Free Report) by 4.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 174,069 shares of the company's stock after acquiring an additional 8,087 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.27% of Oshkosh worth $16,549,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in OSK. Synovus Financial Corp lifted its holdings in shares of Oshkosh by 0.4% in the fourth quarter. Synovus Financial Corp now owns 30,357 shares of the company's stock valued at $2,886,000 after purchasing an additional 106 shares in the last quarter. Coppell Advisory Solutions LLC increased its position in Oshkosh by 52.1% during the fourth quarter. Coppell Advisory Solutions LLC now owns 321 shares of the company's stock worth $30,000 after purchasing an additional 110 shares during the last quarter. Captrust Financial Advisors increased its position in shares of Oshkosh by 3.9% in the fourth quarter. Captrust Financial Advisors now owns 3,259 shares of the company's stock worth $310,000 after acquiring an additional 122 shares in the last quarter. Blue Trust Inc. increased its position in shares of Oshkosh by 108.7% in the fourth quarter. Blue Trust Inc. now owns 265 shares of the company's stock worth $27,000 after acquiring an additional 138 shares in the last quarter. Finally, Private Advisor Group LLC boosted its stake in shares of Oshkosh by 4.0% in the fourth quarter. Private Advisor Group LLC now owns 3,923 shares of the company's stock valued at $373,000 after purchasing an additional 152 shares during the period. Hedge funds and other institutional investors own 92.36% of the company's stock.

Oshkosh Stock Down 1.1%

NYSE OSK traded down $1.11 during mid-day trading on Friday, hitting $99.25. The company's stock had a trading volume of 748,683 shares, compared to its average volume of 631,141. The company's 50 day simple moving average is $91.39 and its 200 day simple moving average is $98.17. Oshkosh Co. has a twelve month low of $76.82 and a twelve month high of $118.39. The company has a current ratio of 1.51, a quick ratio of 0.76 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $6.39 billion, a price-to-earnings ratio of 9.59, a PEG ratio of 1.45 and a beta of 1.37.

Oshkosh (NYSE:OSK - Get Free Report) last released its 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). Oshkosh had a return on equity of 19.31% and a net margin of 6.34%. The business had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.42 billion. During the same quarter in the previous year, the firm earned $2.89 earnings per share. The company's revenue for the quarter was down 9.1% on a year-over-year basis. Analysts anticipate that Oshkosh Co. will post 10.96 earnings per share for the current year.

Oshkosh Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be issued a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 2.06%. The ex-dividend date of this dividend is Friday, May 16th. Oshkosh's payout ratio is 21.79%.

Wall Street Analysts Forecast Growth

OSK has been the topic of a number of research analyst reports. JPMorgan Chase & Co. reduced their price objective on shares of Oshkosh from $100.00 to $92.00 and set a "neutral" rating on the stock in a research note on Thursday, May 1st. DA Davidson dropped their price target on shares of Oshkosh from $120.00 to $111.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Raymond James boosted their target price on shares of Oshkosh from $125.00 to $130.00 and gave the stock an "outperform" rating in a report on Friday, January 31st. Bank of America boosted their target price on shares of Oshkosh from $95.00 to $110.00 and gave the stock an "underperform" rating in a report on Monday, February 10th. Finally, The Goldman Sachs Group reduced their price target on shares of Oshkosh from $135.00 to $116.00 and set a "neutral" rating for the company in a research report on Wednesday, March 19th. One analyst has rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Oshkosh presently has an average rating of "Moderate Buy" and a consensus price target of $114.93.

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.