Oshkosh Co. (NYSE:OSK) Stock Position Reduced by Quantbot Technologies LP

Quantbot Technologies LP lessened its position in shares of Oshkosh Co. (NYSE:OSK) by 31.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,836 shares of the company’s stock after selling 14,840 shares during the period. Quantbot Technologies LP owned about 0.05% of Oshkosh worth $3,122,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Blue Trust Inc. lifted its holdings in Oshkosh by 108.7% during the 4th quarter. Blue Trust Inc. now owns 265 shares of the company’s stock worth $27,000 after buying an additional 138 shares during the last quarter. Hager Investment Management Services LLC bought a new position in Oshkosh during the 4th quarter worth approximately $32,000. Brooklyn Investment Group bought a new position in Oshkosh during the 3rd quarter worth approximately $34,000. Proficio Capital Partners LLC bought a new position in Oshkosh during the 4th quarter worth approximately $34,000. Finally, V Square Quantitative Management LLC lifted its holdings in 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 buying an additional 157 shares during the last quarter. Institutional investors own 92.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. JPMorgan Chase & Co. cut their price target on Oshkosh from $127.00 to $117.00 and set a “neutral” rating on the stock in a report on Tuesday, March 18th. KeyCorp raised their price target on Oshkosh from $113.00 to $132.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. UBS Group raised their price target on Oshkosh from $125.00 to $137.00 and gave the stock a “buy” rating in a report on Monday, February 3rd. The Goldman Sachs Group cut their price target on Oshkosh from $135.00 to $116.00 and set a “neutral” rating on the stock in a report on Wednesday. Finally, Morgan Stanley raised their price target on Oshkosh from $98.00 to $110.00 and gave the stock an “equal weight” rating in a report on Monday, February 3rd. One analyst has rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, Oshkosh has a consensus rating of “Hold” and an average price target of $124.38.

Oshkosh Stock Down 2.0 %

OSK opened at $95.75 on Friday. Oshkosh Co. has a 12 month low of $89.08 and a 12 month high of $127.98. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.51 and a quick ratio of 0.76. The stock has a market cap of $6.18 billion, a P/E ratio of 9.25, a P/E/G ratio of 1.45 and a beta of 1.21. The stock’s 50 day moving average price is $101.44 and its 200 day moving average price is $102.31.

Oshkosh (NYSE:OSK) last issued its quarterly earnings results on Thursday, January 30th. The company reported $2.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.22 by $0.36. Oshkosh had a return on equity of 19.31% and a net margin of 6.34%. As a group, research analysts predict that Oshkosh Co. will post 10.96 earnings per share for the current year.

Oshkosh Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were given a dividend of $0.51 per share. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Oshkosh’s previous quarterly dividend of $0.46. This represents a $2.04 annualized dividend and a dividend yield of 2.13%. Oshkosh’s dividend payout ratio (DPR) is 19.71%.

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.