Fox Run Management L.L.C. Has $325,000 Position in Oshkosh Co. (NYSE:OSK)

Fox Run Management L.L.C. lessened its stake in shares of Oshkosh Co. (NYSE:OSK - Free Report) by 76.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,421 shares of the company's stock after selling 10,971 shares during the quarter. Fox Run Management L.L.C.'s holdings in Oshkosh were worth $325,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in OSK. JPMorgan Chase & Co. increased its stake in Oshkosh by 17.0% in the third quarter. JPMorgan Chase & Co. now owns 195,906 shares of the company's stock valued at $19,632,000 after purchasing an additional 28,478 shares during the last quarter. Barclays PLC increased its stake in shares of Oshkosh by 40.9% during the 3rd quarter. Barclays PLC now owns 111,710 shares of the company's stock valued at $11,192,000 after acquiring an additional 32,435 shares during the last quarter. Virtu Financial LLC purchased a new position in shares of Oshkosh during the 3rd quarter worth about $504,000. Semanteon Capital Management LP boosted its position in shares of Oshkosh by 29.1% in the fourth quarter. Semanteon Capital Management LP now owns 14,820 shares of the company's stock worth $1,409,000 after acquiring an additional 3,342 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd grew its holdings in Oshkosh by 57.1% in the third quarter. Y Intercept Hong Kong Ltd now owns 20,184 shares of the company's stock valued at $2,023,000 after purchasing an additional 7,334 shares during the period. Institutional investors and hedge funds own 92.36% of the company's stock.

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Oshkosh Stock Down 2.8 %

NYSE OSK traded down $2.74 during trading on Friday, hitting $94.32. 649,863 shares of the company traded hands, compared to its average volume of 571,307. Oshkosh Co. has a 12 month low of $89.08 and a 12 month high of $127.98. The business has a fifty day simple moving average of $101.81 and a 200 day simple moving average of $102.30. The company has a market capitalization of $6.09 billion, a P/E ratio of 9.11, a PEG ratio of 1.45 and a beta of 1.21. The company has a current ratio of 1.51, a quick ratio of 0.76 and a debt-to-equity ratio of 0.14.

Oshkosh (NYSE:OSK - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The company reported $2.58 EPS for the quarter, beating 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%. As a group, sell-side analysts predict that Oshkosh Co. will post 10.96 EPS for the current year.

Oshkosh Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were paid a $0.51 dividend. This is a boost from Oshkosh's previous quarterly dividend of $0.46. The ex-dividend date was Friday, February 14th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.16%. Oshkosh's dividend payout ratio is currently 19.71%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. UBS Group increased their price target on shares of Oshkosh from $125.00 to $137.00 and gave the stock a "buy" rating in a research note on Monday, February 3rd. Raymond James lifted their target price on Oshkosh from $125.00 to $130.00 and gave the company an "outperform" rating in a report on Friday, January 31st. JPMorgan Chase & Co. dropped their price target on Oshkosh from $127.00 to $117.00 and set a "neutral" rating for the company in a research note on Tuesday, March 18th. Bank of America lifted their price objective on Oshkosh from $95.00 to $110.00 and gave the company an "underperform" rating in a research note on Monday, February 10th. Finally, The Goldman Sachs Group dropped their target price on shares of Oshkosh from $135.00 to $116.00 and set a "neutral" rating for the company in a research report on Wednesday, March 19th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $124.38.

Oshkosh Company 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.