Interval Partners LP Decreases Stake in Oshkosh Co. (NYSE:OSK)

Interval Partners LP decreased its position in Oshkosh Co. (NYSE:OSK) by 80.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 39,184 shares of the company’s stock after selling 161,700 shares during the period. Interval Partners LP owned 0.06% of Oshkosh worth $4,887,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Atlas Capital Advisors LLC increased its stake in Oshkosh by 161.6% in the 1st quarter. Atlas Capital Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after buying an additional 139 shares during the last quarter. Headlands Technologies LLC bought a new position in shares of Oshkosh during the 1st quarter valued at approximately $31,000. Rise Advisors LLC grew its position in shares of Oshkosh by 215.5% during the 1st quarter. Rise Advisors LLC now owns 265 shares of the company’s stock valued at $33,000 after acquiring an additional 181 shares during the period. Venturi Wealth Management LLC grew its position in shares of Oshkosh by 53.6% during the 4th quarter. Venturi Wealth Management LLC now owns 318 shares of the company’s stock valued at $34,000 after acquiring an additional 111 shares during the period. Finally, GAMMA Investing LLC bought a new position in shares of Oshkosh during the 4th quarter valued at approximately $42,000. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Wall Street Analysts Forecast Growth

OSK has been the subject of several analyst reports. StockNews.com downgraded shares of Oshkosh from a “buy” rating to a “hold” rating in a report on Friday, April 26th. Robert W. Baird raised their price objective on shares of Oshkosh from $158.00 to $190.00 and gave the stock an “outperform” rating in a report on Friday, May 10th. Raymond James started coverage on shares of Oshkosh in a report on Friday, June 28th. They issued an “outperform” rating and a $125.00 price objective for the company. Bank of America raised their price target on shares of Oshkosh from $108.00 to $112.00 and gave the company an “underperform” rating in a report on Tuesday, May 28th. Finally, JPMorgan Chase & Co. cut their price target on shares of Oshkosh from $130.00 to $120.00 and set a “neutral” rating for the company in a report on Wednesday, July 10th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $124.82.

Oshkosh Trading Down 2.8 %

NYSE:OSK traded down $3.26 during trading hours on Wednesday, reaching $111.13. The company’s stock had a trading volume of 559,054 shares, compared to its average volume of 491,049. The firm has a market capitalization of $7.27 billion, a price-to-earnings ratio of 10.65, a PEG ratio of 1.17 and a beta of 1.22. The firm has a 50-day simple moving average of $109.25 and a 200-day simple moving average of $113.25. Oshkosh Co. has a 1 year low of $86.10 and a 1 year high of $127.98. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.76 and a current ratio of 1.43.

About Oshkosh

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.