Harley-Davidson, Inc. (NYSE:HOG) Holdings Raised by LSV Asset Management

LSV Asset Management grew its position in Harley-Davidson, Inc. (NYSE:HOG) by 0.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 5,498,635 shares of the company’s stock after buying an additional 19,453 shares during the period. LSV Asset Management’s holdings in Harley-Davidson were worth $165,674,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in HOG. Venturi Wealth Management LLC grew its stake in Harley-Davidson by 172.0% during the 4th quarter. Venturi Wealth Management LLC now owns 876 shares of the company’s stock worth $26,000 after buying an additional 554 shares during the last quarter. Bessemer Group Inc. grew its stake in Harley-Davidson by 237.9% during the 4th quarter. Bessemer Group Inc. now owns 1,301 shares of the company’s stock worth $39,000 after buying an additional 916 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in Harley-Davidson during the 4th quarter worth $42,000. Global Retirement Partners LLC grew its stake in Harley-Davidson by 84.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,850 shares of the company’s stock worth $56,000 after buying an additional 846 shares during the last quarter. Finally, National Bank of Canada FI grew its stake in Harley-Davidson by 201.8% during the 4th quarter. National Bank of Canada FI now owns 1,889 shares of the company’s stock worth $57,000 after buying an additional 1,263 shares during the last quarter. 85.10% of the stock is currently owned by institutional investors.

Harley-Davidson Stock Performance

Shares of HOG stock opened at $23.72 on Thursday. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.40 and a quick ratio of 1.19. Harley-Davidson, Inc. has a fifty-two week low of $20.45 and a fifty-two week high of $42.49. The stock’s 50-day moving average is $25.34 and its two-hundred day moving average is $29.90. The firm has a market cap of $2.95 billion, a P/E ratio of 7.12, a PEG ratio of 0.38 and a beta of 1.28.

Harley-Davidson (NYSE:HOG) last issued its quarterly earnings data on Wednesday, February 5th. The company reported ($0.93) EPS for the quarter, missing analysts’ consensus estimates of ($0.65) by ($0.28). Harley-Davidson had a net margin of 9.25% and a return on equity of 13.64%. During the same period last year, the business posted $0.18 EPS. Analysts predict that Harley-Davidson, Inc. will post 3.44 earnings per share for the current fiscal year.

Harley-Davidson Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a dividend of $0.18 per share. This is an increase from Harley-Davidson’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.72 annualized dividend and a yield of 3.04%. Harley-Davidson’s dividend payout ratio is presently 21.62%.

Insider Activity at Harley-Davidson

In other Harley-Davidson news, insider Luke Christopher Mansfield sold 3,400 shares of the firm’s stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $25.96, for a total value of $88,264.00. Following the completion of the sale, the insider now owns 23,555 shares in the company, valued at approximately $611,487.80. This trade represents a 12.61 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.87% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

HOG has been the subject of a number of recent research reports. Morgan Stanley lowered their price objective on Harley-Davidson from $33.00 to $31.00 and set an “equal weight” rating for the company in a research note on Thursday, February 6th. UBS Group decreased their price target on Harley-Davidson from $35.00 to $28.00 and set a “neutral” rating for the company in a research note on Thursday, February 20th. Robert W. Baird decreased their price target on Harley-Davidson from $32.00 to $26.00 and set a “neutral” rating for the company in a research note on Friday, April 4th. DA Davidson reissued a “buy” rating and issued a $31.00 price target on shares of Harley-Davidson in a research note on Wednesday. Finally, Citigroup cut their price objective on Harley-Davidson from $29.00 to $28.00 and set a “neutral” rating for the company in a report on Wednesday, April 2nd. Six equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $32.00.

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.