7,709 Shares in Harley-Davidson, Inc. (NYSE:HOG) Purchased by CoreCap Advisors LLC

CoreCap Advisors LLC purchased a new position in shares of Harley-Davidson, Inc. (NYSE:HOG) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 7,709 shares of the company’s stock, valued at approximately $284,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. raised its stake in shares of Harley-Davidson by 47.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,269,057 shares of the company’s stock valued at $41,955,000 after acquiring an additional 410,648 shares during the period. Beutel Goodman & Co Ltd. raised its stake in shares of Harley-Davidson by 2.2% in the 2nd quarter. Beutel Goodman & Co Ltd. now owns 7,659,467 shares of the company’s stock valued at $269,689,000 after acquiring an additional 166,961 shares during the period. Diversified Trust Co purchased a new stake in shares of Harley-Davidson in the 4th quarter valued at approximately $3,154,000. Alps Advisors Inc. grew its holdings in shares of Harley-Davidson by 29.7% in the third quarter. Alps Advisors Inc. now owns 10,365 shares of the company’s stock valued at $343,000 after purchasing an additional 2,375 shares in the last quarter. Finally, Pathstone Family Office LLC acquired a new position in shares of Harley-Davidson in the third quarter valued at approximately $565,000. 85.10% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Citigroup lifted their price objective on shares of Harley-Davidson from $36.00 to $37.00 and gave the company a “neutral” rating in a report on Tuesday, February 27th. Bank of America lifted their price objective on shares of Harley-Davidson from $50.00 to $55.00 and gave the company a “buy” rating in a report on Thursday, March 14th. DA Davidson reiterated a “buy” rating and set a $42.00 price target on shares of Harley-Davidson in a report on Tuesday, March 5th. Finally, UBS Group boosted their price target on shares of Harley-Davidson from $29.00 to $39.00 and gave the stock a “neutral” rating in a report on Friday, February 16th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Harley-Davidson currently has a consensus rating of “Moderate Buy” and a consensus target price of $44.67.

Harley-Davidson Stock Up 2.2 %

HOG stock opened at $43.67 on Thursday. The company has a fifty day moving average price of $37.39 and a 200 day moving average price of $33.73. Harley-Davidson, Inc. has a 12 month low of $25.43 and a 12 month high of $44.14. The company has a market cap of $5.96 billion, a price-to-earnings ratio of 9.06, a price-to-earnings-growth ratio of 2.84 and a beta of 1.41. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.53 and a quick ratio of 1.25.

Harley-Davidson (NYSE:HOG) last announced its quarterly earnings data on Thursday, February 8th. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.14. The company had revenue of $791.65 million during the quarter, compared to the consensus estimate of $875.29 million. Harley-Davidson had a net margin of 12.11% and a return on equity of 22.00%. Harley-Davidson’s quarterly revenue was down 13.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.28 EPS. Sell-side analysts expect that Harley-Davidson, Inc. will post 4.22 earnings per share for the current year.

Harley-Davidson Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 4th were paid a $0.1725 dividend. This represents a $0.69 dividend on an annualized basis and a yield of 1.58%. This is a boost from Harley-Davidson’s previous quarterly dividend of $0.17. The ex-dividend date was Friday, March 1st. Harley-Davidson’s dividend payout ratio is presently 14.32%.

About Harley-Davidson

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.