Ruffer LLP Sells 15,895 Shares of Oshkosh Corporation $OSK

Ruffer LLP lowered its stake in Oshkosh Corporation (NYSE:OSK) by 45.6% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 18,991 shares of the company’s stock after selling 15,895 shares during the quarter. Ruffer LLP’s holdings in Oshkosh were worth $2,463,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in OSK. Asset Management One Co. Ltd. bought a new position in Oshkosh during the 3rd quarter valued at about $1,399,000. Thrivent Financial for Lutherans lifted its holdings in Oshkosh by 30.5% during the second quarter. Thrivent Financial for Lutherans now owns 19,905 shares of the company’s stock valued at $2,260,000 after purchasing an additional 4,650 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Oshkosh by 2,101.2% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,676 shares of the company’s stock valued at $417,000 after acquiring an additional 3,509 shares in the last quarter. Voya Investment Management LLC boosted its stake in Oshkosh by 171.3% in the 3rd quarter. Voya Investment Management LLC now owns 25,200 shares of the company’s stock worth $3,268,000 after purchasing an additional 15,913 shares during the period. Finally, Verity Asset Management Inc. purchased a new position in Oshkosh during the second quarter valued at $389,000. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Wall Street Analysts Forecast Growth

OSK has been the topic of several recent research reports. Barclays initiated coverage on Oshkosh in a report on Tuesday, November 25th. They set an “overweight” rating and a $150.00 price target on the stock. Wall Street Zen raised Oshkosh from a “hold” rating to a “buy” rating in a report on Sunday, January 18th. JPMorgan Chase & Co. boosted their target price on shares of Oshkosh from $132.00 to $145.00 and gave the company a “neutral” rating in a report on Wednesday, January 14th. UBS Group cut their target price on Oshkosh from $165.00 to $163.00 and set a “buy” rating for the company in a research note on Monday, January 5th. Finally, Citigroup upped their target price on shares of Oshkosh from $150.00 to $175.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Thirteen research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Oshkosh presently has a consensus rating of “Moderate Buy” and a consensus price target of $153.31.

Oshkosh Stock Performance

Shares of OSK opened at $146.55 on Thursday. The firm has a market cap of $9.27 billion, a PE ratio of 14.30, a price-to-earnings-growth ratio of 2.02 and a beta of 1.41. The company has a current ratio of 1.98, a quick ratio of 0.99 and a debt-to-equity ratio of 0.24. Oshkosh Corporation has a 12-month low of $76.82 and a 12-month high of $158.53. The company’s 50 day simple moving average is $135.99 and its 200-day simple moving average is $133.40.

Oshkosh (NYSE:OSK) last posted its quarterly earnings results on Thursday, January 29th. The company reported $2.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.29 by ($0.03). The firm had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $2.60 billion. Oshkosh had a return on equity of 16.60% and a net margin of 6.43%. As a group, equities analysts predict that Oshkosh Corporation will post 10.96 EPS for the current year.

Oshkosh Company Profile

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.