David Loasby decreased its holdings in shares of Oshkosh Co. (NYSE:OSK) by 12.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,387 shares of the company’s stock after selling 1,298 shares during the period. David Loasby’s holdings in Oshkosh were worth $1,114,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Simon Quick Advisors LLC bought a new position in shares of Oshkosh in the 4th quarter worth approximately $43,000. IFP Advisors Inc raised its position in shares of Oshkosh by 126.8% in the 4th quarter. IFP Advisors Inc now owns 778 shares of the company’s stock worth $67,000 after acquiring an additional 435 shares in the last quarter. Parallel Advisors LLC raised its position in shares of Oshkosh by 17.9% in the 4th quarter. Parallel Advisors LLC now owns 1,021 shares of the company’s stock worth $88,000 after acquiring an additional 155 shares in the last quarter. Sowell Financial Services LLC raised its position in shares of Oshkosh by 55.9% in the 4th quarter. Sowell Financial Services LLC now owns 1,498 shares of the company’s stock worth $129,000 after acquiring an additional 537 shares in the last quarter. Finally, James Investment Research Inc. bought a new position in shares of Oshkosh in the 4th quarter worth approximately $131,000. 91.91% of the stock is owned by institutional investors and hedge funds.
In other news, VP R Scott Grennier sold 4,000 shares of the company’s stock in a transaction dated Monday, May 3rd. The shares were sold at an average price of $127.08, for a total transaction of $508,320.00. Following the completion of the sale, the vice president now owns 7,840 shares of the company’s stock, valued at approximately $996,307.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Anupam Khare sold 3,866 shares of the company’s stock in a transaction dated Tuesday, May 4th. The shares were sold at an average price of $128.87, for a total transaction of $498,211.42. Following the sale, the senior vice president now directly owns 5,796 shares of the company’s stock, valued at approximately $746,930.52. The disclosure for this sale can be found here. In the last three months, insiders sold 38,741 shares of company stock valued at $4,995,915. 1.30% of the stock is owned by insiders.
Shares of NYSE:OSK opened at $133.26 on Wednesday. Oshkosh Co. has a fifty-two week low of $55.33 and a fifty-two week high of $136.45. The business has a 50-day simple moving average of $122.65 and a two-hundred day simple moving average of $99.15. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.28 and a current ratio of 2.23. The firm has a market cap of $9.14 billion, a price-to-earnings ratio of 28.08, a price-to-earnings-growth ratio of 1.02 and a beta of 1.63.
Oshkosh (NYSE:OSK) last issued its earnings results on Tuesday, April 27th. The company reported $1.48 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.15 by $0.33. Oshkosh had a return on equity of 12.38% and a net margin of 4.73%. The business had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.75 billion. During the same quarter in the previous year, the firm earned $1.25 EPS. Oshkosh’s revenue was up 5.1% on a year-over-year basis. As a group, research analysts predict that Oshkosh Co. will post 5.12 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 28th. Shareholders of record on Friday, May 14th will be given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date is Thursday, May 13th. Oshkosh’s dividend payout ratio (DPR) is 26.72%.
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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