UBS Group AG Decreases Stock Holdings in Oshkosh Corporation $OSK
by Amy Steele · The Cerbat GemUBS Group AG decreased its holdings in Oshkosh Corporation (NYSE:OSK – Free Report) by 12.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 530,795 shares of the company’s stock after selling 72,246 shares during the quarter. UBS Group AG’s holdings in Oshkosh were worth $66,684,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of the business. Sanctuary Advisors LLC raised its position in Oshkosh by 8.7% in the 4th quarter. Sanctuary Advisors LLC now owns 8,389 shares of the company’s stock worth $1,054,000 after buying an additional 669 shares during the last quarter. Quent Capital LLC raised its position in Oshkosh by 501.5% in the 4th quarter. Quent Capital LLC now owns 1,618 shares of the company’s stock worth $203,000 after buying an additional 1,349 shares during the last quarter. NBC Securities Inc. raised its position in Oshkosh by 27.5% in the 4th quarter. NBC Securities Inc. now owns 7,168 shares of the company’s stock worth $901,000 after buying an additional 1,548 shares during the last quarter. N.E.W. Advisory Services LLC raised its position in Oshkosh by 6.2% in the 4th quarter. N.E.W. Advisory Services LLC now owns 8,491 shares of the company’s stock worth $1,067,000 after buying an additional 497 shares during the last quarter. Finally, Teacher Retirement System of Texas raised its stake in Oshkosh by 143.2% during the 4th quarter. Teacher Retirement System of Texas now owns 64,269 shares of the company’s stock valued at $8,074,000 after buying an additional 37,842 shares during the last quarter. Hedge funds and other institutional investors own 92.36% of the company’s stock.
Insider Transactions at Oshkosh
In related news, SVP Anupam Khare sold 4,000 shares of the stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $169.07, for a total value of $676,280.00. Following the completion of the sale, the senior vice president directly owned 13,577 shares of the company’s stock, valued at approximately $2,295,463.39. This represents a 22.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.64% of the company’s stock.
Oshkosh Trading Down 3.6%
Oshkosh stock opened at $149.65 on Tuesday. The firm has a 50 day moving average of $153.13 and a 200 day moving average of $143.91. The firm has a market capitalization of $9.38 billion, a price-to-earnings ratio of 14.94, a P/E/G ratio of 0.80 and a beta of 1.33. Oshkosh Corporation has a 12-month low of $87.54 and a 12-month high of $180.49. The company has a current ratio of 1.94, a quick ratio of 1.05 and a debt-to-equity ratio of 0.24.
Wall Street Analyst Weigh In
Several research firms have recently commented on OSK. Bank of America raised shares of Oshkosh from an “underperform” rating to a “neutral” rating and set a $149.00 price target for the company in a research report on Tuesday, February 3rd. Truist Financial set a $183.00 price target on shares of Oshkosh in a research report on Friday, January 30th. Sanford C. Bernstein set a $138.00 price target on shares of Oshkosh in a research report on Thursday, April 9th. Morgan Stanley upped their price target on shares of Oshkosh from $144.00 to $157.00 and gave the company an “equal weight” rating in a research report on Monday, April 6th. Finally, UBS Group upped their price target on shares of Oshkosh from $167.00 to $197.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Twelve equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $165.56.
View Our Latest Research Report on Oshkosh
About Oshkosh
Oshkosh Corporation (NYSE: OSK) is a leading designer, manufacturer and marketer of specialty trucks, military vehicles and access equipment. The company’s offerings span critical end markets, including defense, fire and emergency services, commercial construction and industrial sectors. By combining engineering expertise with advanced technologies, Oshkosh delivers solutions that enhance mobility, safety and productivity for its customers.
Founded in 1917 and headquartered in Oshkosh, Wisconsin, the company has evolved from producing heavy-duty dump trucks to a diversified portfolio of products and services.
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