Hanseatic Management Services Inc. boosted its stake in shares of Oshkosh Corp (NYSE:OSK) by 227.7% during the 4th quarter, HoldingsChannel reports. The firm owned 10,732 shares of the company’s stock after buying an additional 7,457 shares during the quarter. Oshkosh accounts for about 1.0% of Hanseatic Management Services Inc.’s holdings, making the stock its 29th largest position. Hanseatic Management Services Inc.’s holdings in Oshkosh were worth $975,000 at the end of the most recent quarter.
Several other institutional investors have also made changes to their positions in the company. Bain Capital Public Equity Management LLC purchased a new position in shares of Oshkosh in the fourth quarter valued at about $12,731,000. Teachers Retirement System of The State of Kentucky lifted its position in shares of Oshkosh by 3.6% in the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 221,020 shares of the company’s stock valued at $20,089,000 after acquiring an additional 7,700 shares in the last quarter. Two Sigma Investments LP purchased a new position in shares of Oshkosh in the fourth quarter valued at about $30,612,000. Two Sigma Advisers LP lifted its position in shares of Oshkosh by 221.9% in the fourth quarter. Two Sigma Advisers LP now owns 380,082 shares of the company’s stock valued at $34,546,000 after acquiring an additional 262,000 shares in the last quarter. Finally, HPM Partners LLC lifted its position in shares of Oshkosh by 10.7% in the fourth quarter. HPM Partners LLC now owns 7,336 shares of the company’s stock valued at $667,000 after acquiring an additional 710 shares in the last quarter. Institutional investors and hedge funds own 91.88% of the company’s stock.
Shares of Oshkosh Corp (OSK) opened at $81.25 on Monday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.86 and a quick ratio of 1.08. Oshkosh Corp has a twelve month low of $61.74 and a twelve month high of $100.26. The stock has a market capitalization of $6,063.20, a PE ratio of 19.16, a PEG ratio of 0.87 and a beta of 1.61.
The business also recently disclosed a quarterly dividend, which was paid on Monday, February 26th. Shareholders of record on Monday, February 12th were paid a dividend of $0.24 per share. The ex-dividend date of this dividend was Friday, February 9th. This represents a $0.96 annualized dividend and a yield of 1.18%. Oshkosh’s payout ratio is currently 22.64%.
In other Oshkosh news, Director Duncan Palmer sold 1,500 shares of the business’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $91.93, for a total transaction of $137,895.00. Following the sale, the director now directly owns 23,095 shares of the company’s stock, valued at $2,123,123.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Leslie F. Kenne sold 1,061 shares of the business’s stock in a transaction that occurred on Tuesday, January 30th. The stock was sold at an average price of $90.82, for a total value of $96,360.02. Following the sale, the director now directly owns 25,320 shares in the company, valued at $2,299,562.40. The disclosure for this sale can be found here. Insiders have sold 6,361 shares of company stock worth $564,480 over the last three months. 1.60% of the stock is currently owned by insiders.
Several equities analysts have recently commented on OSK shares. Evercore ISI upgraded Oshkosh from an “in-line” rating to an “outperform” rating in a research report on Friday, February 9th. ValuEngine upgraded Oshkosh from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. SunTrust Banks boosted their price objective on Oshkosh to $102.00 and gave the company a “buy” rating in a research report on Wednesday, January 10th. Stifel Nicolaus boosted their price objective on Oshkosh from $100.00 to $106.00 and gave the company a “buy” rating in a research report on Friday, January 26th. Finally, Morgan Stanley began coverage on Oshkosh in a research report on Friday, March 2nd. They issued an “equal weight” rating and a $86.00 price objective on the stock. Six equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. Oshkosh presently has a consensus rating of “Buy” and an average price target of $93.43.
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Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The company’s brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London.
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