Oshkosh Co. (NYSE:OSK) Shares Sold by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd trimmed its holdings in shares of Oshkosh Co. (NYSE:OSK) by 29.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,298 shares of the company’s stock after selling 5,886 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Oshkosh were worth $1,359,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Vaughan Nelson Investment Management L.P. acquired a new position in Oshkosh during the fourth quarter valued at $23,285,000. BNP Paribas Financial Markets raised its stake in shares of Oshkosh by 154.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 160,102 shares of the company’s stock valued at $16,044,000 after buying an additional 97,282 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Oshkosh by 29.9% in the 4th quarter. Assenagon Asset Management S.A. now owns 312,134 shares of the company’s stock valued at $29,675,000 after buying an additional 71,911 shares during the period. Edgestream Partners L.P. boosted its stake in shares of Oshkosh by 704.3% in the third quarter. Edgestream Partners L.P. now owns 68,023 shares of the company’s stock worth $6,817,000 after buying an additional 59,566 shares during the last quarter. Finally, Holocene Advisors LP acquired a new stake in Oshkosh during the third quarter worth about $5,375,000. 92.36% of the stock is owned by hedge funds and other institutional investors.

Oshkosh Stock Down 0.2 %

Shares of OSK opened at $102.69 on Thursday. The stock has a 50 day moving average price of $100.28 and a 200 day moving average price of $103.16. Oshkosh Co. has a one year low of $89.08 and a one year high of $127.98. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.76 and a current ratio of 1.51. The stock has a market capitalization of $6.63 billion, a price-to-earnings ratio of 9.92, a PEG ratio of 1.45 and a beta of 1.22.

Oshkosh (NYSE:OSK) last released its earnings results on Thursday, January 30th. The company reported $2.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.22 by $0.36. Oshkosh had a net margin of 6.34% and a return on equity of 19.31%. Equities research analysts forecast that Oshkosh Co. will post 10.96 earnings per share for the current fiscal year.

Oshkosh Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 17th will be paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.99%. This is a positive change from Oshkosh’s previous quarterly dividend of $0.46. The ex-dividend date is Friday, February 14th. Oshkosh’s dividend payout ratio (DPR) is 19.71%.

Wall Street Analysts Forecast Growth

OSK has been the subject of a number of analyst reports. Raymond James boosted their price target on Oshkosh from $125.00 to $130.00 and gave the company an “outperform” rating in a report on Friday, January 31st. Evercore ISI increased their price target on shares of Oshkosh from $122.00 to $137.00 and gave the stock an “outperform” rating in a report on Wednesday, February 19th. Bank of America lifted their price objective on shares of Oshkosh from $95.00 to $110.00 and gave the company an “underperform” rating in a report on Monday, February 10th. JPMorgan Chase & Co. increased their target price on shares of Oshkosh from $115.00 to $127.00 and gave the stock a “neutral” rating in a research note on Friday, January 31st. Finally, KeyCorp lifted their price target on Oshkosh from $113.00 to $132.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $126.23.

Oshkosh 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.