Voleon Capital Management LP Invests $789,000 in Oshkosh Co. (NYSE:OSK)

Voleon Capital Management LP bought a new stake in shares of Oshkosh Co. (NYSE:OSK - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 8,303 shares of the company's stock, valued at approximately $789,000.

Several other institutional investors have also bought and sold shares of OSK. Blue Trust Inc. grew its holdings in shares of Oshkosh by 108.7% in the fourth quarter. Blue Trust Inc. now owns 265 shares of the company's stock valued at $27,000 after acquiring an additional 138 shares in the last quarter. Coppell Advisory Solutions LLC grew its stake in Oshkosh by 52.1% in the 4th quarter. Coppell Advisory Solutions LLC now owns 321 shares of the company's stock valued at $30,000 after purchasing an additional 110 shares during the period. Hager Investment Management Services LLC purchased a new stake in shares of Oshkosh during the 4th quarter valued at $32,000. V Square Quantitative Management LLC raised its stake in shares of 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 purchasing an additional 157 shares during the period. Finally, Twin Tree Management LP purchased a new position in shares of Oshkosh in the 4th quarter worth about $41,000. Institutional investors own 92.36% of the company's stock.

Oshkosh Stock Performance

Shares of OSK opened at $86.73 on Friday. Oshkosh Co. has a 12 month low of $76.82 and a 12 month high of $123.25. The business's fifty day simple moving average is $91.73 and its two-hundred day simple moving average is $99.62. 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 company has a market cap of $5.60 billion, a price-to-earnings ratio of 8.38, a P/E/G ratio of 1.45 and a beta of 1.26.

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

Oshkosh Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be paid a dividend of $0.51 per share. The ex-dividend date is Friday, May 16th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.35%. Oshkosh's dividend payout ratio is currently 19.71%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on OSK shares. KeyCorp reduced their target price on shares of Oshkosh from $132.00 to $120.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Raymond James increased their price objective on Oshkosh from $125.00 to $130.00 and gave the company an "outperform" rating in a report on Friday, January 31st. DA Davidson set a $120.00 target price on Oshkosh in a research note on Monday, April 21st. JPMorgan Chase & Co. cut their price target on Oshkosh from $100.00 to $92.00 and set a "neutral" rating for the company in a research note on Thursday. Finally, Bank of America lifted their price objective on Oshkosh from $95.00 to $110.00 and gave the stock an "underperform" rating in a report on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $112.57.

Oshkosh Company Profile

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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