Bank of America Downgrades Oshkosh (OSK), Gulf Island Fabrication (GIFI) Shorts Increased By 12.92%

July 7, 2017 - By Migdalia James

Gulf Island Fabrication Incorporated (NASDAQ:GIFI) had an increase of 12.92% in short interest. GIFI’s SI was 199,300 shares in July as released by FINRA. Its up 12.92% from 176,500 shares previously. With 69,800 avg volume, 3 days are for Gulf Island Fabrication Incorporated (NASDAQ:GIFI)’s short sellers to cover GIFI’s short positions. The SI to Gulf Island Fabrication Incorporated’s float is 1.47%. The stock increased 0.89% or $0.1 during the last trading session, reaching $11.35. About shares traded. Gulf Island Fabrication, Inc. (NASDAQ:GIFI) has risen 43.64% since July 7, 2016 and is uptrending. It has outperformed by 26.94% the S&P500.

Among 17 analysts covering Oshkosh Corporation (NYSE:OSK), 7 have Buy rating, 0 Sell and 10 Hold. Therefore 41% are positive. Oshkosh Corporation has $85 highest and $26 lowest target. $53.86’s average target is -21.79% below currents $68.87 stock price. Oshkosh Corporation had 47 analyst reports since July 22, 2015 according to SRatingsIntel. Standpoint Research upgraded the stock to “Hold” rating in Wednesday, August 26 report. Suntrust Robinson initiated Oshkosh Corp (NYSE:OSK) on Tuesday, November 3 with “Neutral” rating. The stock of Oshkosh Corp (NYSE:OSK) has “Hold” rating given on Wednesday, January 4 by Deutsche Bank. On Thursday, August 27 the stock rating was upgraded by Jefferies to “Buy”. The stock of Oshkosh Corp (NYSE:OSK) earned “Neutral” rating by Bank of America on Friday, April 29. RBC Capital Markets maintained it with “Outperform” rating and $79 target in Friday, January 27 report. The rating was maintained by Stifel Nicolaus on Friday, July 29 with “Buy”. The firm has “Buy” rating given on Wednesday, June 7 by Jefferies. The firm has “Overweight” rating by JP Morgan given on Monday, September 26. RBC Capital Markets maintained Oshkosh Corp (NYSE:OSK) rating on Monday, August 3. RBC Capital Markets has “Sector Perform” rating and $42 target.

Since January 30, 2017, it had 0 buys, and 7 sales for $9.49 million activity. KENNE LESLIE F sold 246 shares worth $16,922. On Monday, January 30 the insider Jones Wilson R sold $1.78 million. On Friday, April 28 the insider MIZELL STEVEN sold $125,640. $171,730 worth of stock was sold by Wallace William S on Tuesday, February 21. Shares for $1.58 million were sold by Nerenhausen Frank R.. Sagehorn David M. sold 47,800 shares worth $3.40M.

The stock decreased 2.17% or $1.53 during the last trading session, reaching $68.87. About shares traded. Oshkosh Corp (NYSE:OSK) has risen 42.72% since July 7, 2016 and is uptrending. It has outperformed by 26.02% the S&P500.

Analysts await Oshkosh Corp (NYSE:OSK) to report earnings on August, 2. They expect $1.31 EPS, up 15.93% or $0.18 from last year’s $1.13 per share. OSK’s profit will be $98.34M for 13.14 P/E if the $1.31 EPS becomes a reality. After $0.76 actual EPS reported by Oshkosh Corp for the previous quarter, Wall Street now forecasts 72.37% EPS growth.

Investors sentiment increased to 1.58 in Q4 2016. Its up 0.28, from 1.3 in 2016Q3. It increased, as 23 investors sold Oshkosh Corp shares while 89 reduced holdings. 68 funds opened positions while 109 raised stakes. 70.28 million shares or 1.92% less from 71.66 million shares in 2016Q3 were reported. First Pacific Advsr Ltd Liability Corp stated it has 242,890 shares. Penn Capital Management has 712,629 shares for 0.35% of their portfolio. North Star Mgmt holds 300 shares or 0% of its portfolio. Oregon Employees Retirement Fund reported 25,878 shares or 0.03% of all its holdings. Segall Bryant & Hamill owns 90,125 shares for 0.15% of their portfolio. Northpointe Cap Limited Company holds 0.4% of its portfolio in Oshkosh Corp (NYSE:OSK) for 62,630 shares. Greenwich Wealth Mngmt Ltd Liability Corporation accumulated 54,437 shares. Boothbay Fund Mngmt Ltd Company reported 0.09% of its portfolio in Oshkosh Corp (NYSE:OSK). Mairs &, Minnesota-based fund reported 188,290 shares. Balyasny Asset Mngmt Ltd accumulated 0% or 6,927 shares. Mason Street Advsrs Ltd has 34,754 shares for 0.06% of their portfolio. Invesco Ltd invested 0.01% of its portfolio in Oshkosh Corp (NYSE:OSK). Petrus Co Lta invested 0.08% of its portfolio in Oshkosh Corp (NYSE:OSK). Proshare Limited Liability Corporation owns 0.01% invested in Oshkosh Corp (NYSE:OSK) for 7,837 shares. Bnp Paribas Arbitrage Sa, New York-based fund reported 65,746 shares.

Oshkosh Corporation is a designer, manufacturer and marketer of a range of specialty vehicles and vehicle bodies, including access equipment, defense trucks and trailers, fire and emergency vehicles, concrete mixers and refuse collection vehicles. The company has market cap of $5.17 billion. The Company’s divisions include Access Equipment; Defense; Fire & Emergency, and Commercial. It has a 24.59 P/E ratio. The Access Equipment segment consists of the activities of JLG Industries, Inc. and JerrDan Corporation (JerrDan).

Gulf Island Fabrication, Inc. is a holding company. The company has market cap of $158.01 million. The Company, along with its subsidiaries, is a fabricator of steel platforms and other specialized structures for clients in the offshore gas and oil industry. It currently has negative earnings. It also performs onshore and offshore construction and fabrication services for clients in the marine industry.

Investors sentiment increased to 1.39 in Q4 2016. Its up 0.33, from 1.06 in 2016Q3. It increased, as 6 investors sold Gulf Island Fabrication, Inc. shares while 27 reduced holdings. 19 funds opened positions while 27 raised stakes. 9.25 million shares or 1.06% less from 9.35 million shares in 2016Q3 were reported. Legal And General Grp Inc Public Ltd Company has invested 0% of its portfolio in Gulf Island Fabrication, Inc. (NASDAQ:GIFI). Blackrock Advisors Ltd stated it has 0% of its portfolio in Gulf Island Fabrication, Inc. (NASDAQ:GIFI). Us Comml Bank De has invested 0% of its portfolio in Gulf Island Fabrication, Inc. (NASDAQ:GIFI). 1,573 are owned by Blackrock. Mason Street Advisors Limited Liability Corp holds 2,942 shares. California-based California Pub Employees Retirement Systems has invested 0% in Gulf Island Fabrication, Inc. (NASDAQ:GIFI). Jacobs Levy Equity holds 0.01% of its portfolio in Gulf Island Fabrication, Inc. (NASDAQ:GIFI) for 39,449 shares. Foundry Partners reported 0.12% stake. State Street Corp invested 0% in Gulf Island Fabrication, Inc. (NASDAQ:GIFI). Adams Asset Advsrs Ltd Liability Corporation, a Texas-based fund reported 54,387 shares. Tci Wealth Advsr invested in 0% or 311 shares. Parametric Portfolio Assocs Lc stated it has 21,045 shares. Invesco Ltd stated it has 0% of its portfolio in Gulf Island Fabrication, Inc. (NASDAQ:GIFI). 49,375 were reported by Blackrock Gp Ltd. Pub Employees Retirement Association Of Colorado reported 5,682 shares stake.