Glenmede Trust Co. NA Acquires 11,684 Shares of Harley-Davidson, Inc. (NYSE:HOG)

Glenmede Trust Co. NA increased its holdings in shares of Harley-Davidson, Inc. (NYSE:HOG) by 4.1% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 298,071 shares of the company’s stock after purchasing an additional 11,684 shares during the period. Glenmede Trust Co. NA’s holdings in Harley-Davidson were worth $11,485,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of HOG. Prospera Private Wealth LLC acquired a new position in Harley-Davidson during the third quarter worth about $35,000. Ashton Thomas Securities LLC acquired a new position in Harley-Davidson during the 3rd quarter worth approximately $38,000. Signaturefd LLC lifted its stake in Harley-Davidson by 46.8% in the 2nd quarter. Signaturefd LLC now owns 1,872 shares of the company’s stock valued at $63,000 after purchasing an additional 597 shares during the last quarter. Fifth Third Bancorp boosted its position in Harley-Davidson by 19.5% in the second quarter. Fifth Third Bancorp now owns 1,970 shares of the company’s stock valued at $66,000 after buying an additional 322 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in Harley-Davidson by 19.0% in the second quarter. GAMMA Investing LLC now owns 2,008 shares of the company’s stock valued at $67,000 after buying an additional 320 shares in the last quarter. 85.10% of the stock is owned by institutional investors and hedge funds.

Harley-Davidson Trading Down 0.2 %

HOG opened at $33.67 on Friday. Harley-Davidson, Inc. has a twelve month low of $29.67 and a twelve month high of $44.16. The company has a fifty day moving average of $34.40 and a 200-day moving average of $35.06. The stock has a market cap of $4.29 billion, a PE ratio of 7.58, a price-to-earnings-growth ratio of 0.45 and a beta of 1.46. The company has a quick ratio of 1.25, a current ratio of 1.41 and a debt-to-equity ratio of 1.38.

Harley-Davidson Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Tuesday, December 10th will be issued a dividend of $0.1725 per share. The ex-dividend date is Tuesday, December 10th. This represents a $0.69 dividend on an annualized basis and a yield of 2.05%. Harley-Davidson’s payout ratio is currently 15.54%.

Insider Transactions at Harley-Davidson

In other Harley-Davidson news, Director Maryrose Sylvester sold 4,278 shares of the stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $32.25, for a total transaction of $137,965.50. Following the transaction, the director now directly owns 17,687 shares in the company, valued at approximately $570,405.75. This represents a 19.48 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.87% of the company’s stock.

Wall Street Analysts Forecast Growth

HOG has been the subject of a number of research reports. Bank of America dropped their price target on Harley-Davidson from $50.00 to $45.00 and set a “buy” rating for the company in a research note on Tuesday, October 15th. Robert W. Baird cut Harley-Davidson from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $44.00 to $40.00 in a report on Wednesday, October 2nd. Baird R W lowered shares of Harley-Davidson from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 2nd. StockNews.com upgraded shares of Harley-Davidson from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, Citigroup decreased their price target on shares of Harley-Davidson from $39.00 to $34.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Harley-Davidson presently has a consensus rating of “Hold” and a consensus price target of $42.57.

Harley-Davidson Company Profile

Harley-Davidson, Inc manufactures and sells motorcycles in the United States and internationally. The company operates in three segments: Harley-Davidson Motor Company, LiveWire, and Harley-Davidson Financial Services. The Harley-Davidson Motor Company segment designs, manufactures, and sells motorcycles, including cruiser, trike, touring, standard, sportbike, adventure, and dual sport, as well as motorcycle parts, accessories, and apparel, as well as licenses its trademarks and related services.