Barclays PLC Has $8.09 Million Position in Oshkosh Co. (NYSE:OSK)

Barclays PLC trimmed its position in shares of Oshkosh Co. (NYSE:OSKFree Report) by 29.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 84,748 shares of the company’s stock after selling 35,899 shares during the quarter. Barclays PLC owned 0.13% of Oshkosh worth $8,087,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of OSK. Fox Run Management L.L.C. purchased a new position in shares of Oshkosh in the 3rd quarter worth about $378,000. Nicolet Advisory Services LLC raised its stake in Oshkosh by 2.8% in the 3rd quarter. Nicolet Advisory Services LLC now owns 44,312 shares of the company’s stock valued at $4,085,000 after acquiring an additional 1,200 shares during the period. Arizona State Retirement System raised its stake in Oshkosh by 1.1% in the 3rd quarter. Arizona State Retirement System now owns 18,596 shares of the company’s stock valued at $1,775,000 after acquiring an additional 209 shares during the period. Wealthspire Advisors LLC raised its stake in Oshkosh by 4.6% in the 3rd quarter. Wealthspire Advisors LLC now owns 5,464 shares of the company’s stock valued at $521,000 after acquiring an additional 242 shares during the period. Finally, Versor Investments LP raised its stake in Oshkosh by 134.5% in the 3rd quarter. Versor Investments LP now owns 17,340 shares of the company’s stock valued at $1,655,000 after acquiring an additional 9,946 shares during the period. 88.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on OSK. StockNews.com upgraded Oshkosh from a “hold” rating to a “buy” rating in a research note on Sunday. TheStreet upgraded Oshkosh from a “c” rating to a “b-” rating in a research report on Tuesday, January 30th. UBS Group upped their price target on Oshkosh from $117.00 to $129.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. The Goldman Sachs Group upped their price target on Oshkosh from $104.00 to $116.00 and gave the company a “neutral” rating in a research report on Wednesday, January 31st. Finally, Citigroup upped their price target on Oshkosh from $115.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday, January 31st. Five equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat.com, Oshkosh has an average rating of “Moderate Buy” and a consensus target price of $114.88.

Read Our Latest Research Report on Oshkosh

Oshkosh Stock Down 0.0 %

Shares of OSK opened at $111.89 on Thursday. The firm has a market cap of $7.32 billion, a P/E ratio of 12.32, a P/E/G ratio of 1.46 and a beta of 1.29. The stock has a 50 day simple moving average of $106.39 and a two-hundred day simple moving average of $99.93. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.45 and a quick ratio of 0.76. Oshkosh Co. has a 1 year low of $72.09 and a 1 year high of $115.63.

Oshkosh (NYSE:OSKGet Free Report) last released its quarterly earnings data on Tuesday, January 30th. The company reported $2.56 earnings per share for the quarter, beating analysts’ consensus estimates of $2.24 by $0.32. The firm had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.46 billion. Oshkosh had a return on equity of 18.75% and a net margin of 6.19%. The business’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.60 earnings per share. On average, analysts forecast that Oshkosh Co. will post 10.31 earnings per share for the current fiscal year.

Oshkosh Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 29th. Stockholders of record on Thursday, February 15th will be paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date is Wednesday, February 14th. This is a positive change from Oshkosh’s previous quarterly dividend of $0.41. Oshkosh’s dividend payout ratio is 18.06%.

Oshkosh Company Profile

(Free Report)

Oshkosh Corporation designs, manufacture, and markets specialty trucks and access equipment vehicles worldwide. 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.

Further Reading

Institutional Ownership by Quarter for Oshkosh (NYSE:OSK)

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