First Financial Bank Trust Division lessened its position in Oshkosh Corp (NYSE:OSK) by 62.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,128 shares of the company’s stock after selling 29,756 shares during the period. First Financial Bank Trust Division’s holdings in Oshkosh were worth $1,362,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in OSK. First Hawaiian Bank raised its holdings in Oshkosh by 14.9% during the 1st quarter. First Hawaiian Bank now owns 13,826 shares of the company’s stock worth $1,039,000 after purchasing an additional 1,797 shares during the last quarter. Donaldson Capital Management LLC acquired a new stake in Oshkosh in the 1st quarter valued at about $2,715,000. Norges Bank acquired a new stake in Oshkosh in the 4th quarter valued at about $51,926,000. Teacher Retirement System of Texas raised its holdings in Oshkosh by 1,214.8% in the 4th quarter. Teacher Retirement System of Texas now owns 114,506 shares of the company’s stock valued at $7,020,000 after acquiring an additional 105,797 shares during the last quarter. Finally, Delphi Management Inc. MA raised its holdings in Oshkosh by 48.6% in the 4th quarter. Delphi Management Inc. MA now owns 24,258 shares of the company’s stock valued at $1,487,000 after acquiring an additional 7,939 shares during the last quarter. 89.58% of the stock is currently owned by institutional investors and hedge funds.
OSK stock traded down $0.55 during trading on Wednesday, reaching $81.17. 16,126 shares of the company were exchanged, compared to its average volume of 517,744. The company has a market cap of $5.61 billion, a P/E ratio of 12.71, a P/E/G ratio of 0.95 and a beta of 1.93. Oshkosh Corp has a 52-week low of $51.42 and a 52-week high of $82.48. The company has a current ratio of 1.99, a quick ratio of 1.12 and a debt-to-equity ratio of 0.34.
In other news, EVP Ignacio A. Cortina sold 5,000 shares of the stock in a transaction on Friday, February 1st. The shares were sold at an average price of $74.66, for a total value of $373,300.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Bradley M. Nelson sold 6,500 shares of the stock in a transaction on Tuesday, February 12th. The shares were sold at an average price of $78.94, for a total transaction of $513,110.00. Following the transaction, the senior vice president now owns 25,082 shares in the company, valued at $1,979,973.08. The disclosure for this sale can be found here. Insiders have sold 85,928 shares of company stock worth $6,771,979 in the last three months. Insiders own 1.90% of the company’s stock.
Several analysts recently weighed in on OSK shares. Zacks Investment Research upgraded shares of Oshkosh from a “hold” rating to a “buy” rating and set a $82.00 target price for the company in a report on Friday, February 1st. restated a “sell” rating on shares of Oshkosh in a research note on Wednesday, February 13th. ValuEngine upgraded shares of Oshkosh from a “sell” rating to a “hold” rating in a research note on Wednesday, February 13th. Royal Bank of Canada boosted their price target on shares of Oshkosh to $90.00 and gave the stock an “outperform” rating in a research note on Thursday, January 31st. Finally, reiterated a “sell” rating on shares of Oshkosh in a research note on Wednesday, February 13th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $83.83.
Oshkosh Corporation designs, manufactures, and markets specialty vehicles and vehicle bodies worldwide. The company's Access Equipment segment provides aerial work platforms and telehandlers for use in various construction, industrial, institutional, and general maintenance applications. This segment also offers rental fleet loans and leases, and floor plan and retail financing through third-party funding arrangements; towing and recovery equipment; carriers and wreckers; equipment installation services; and chassis and service parts sales.
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