RBF Capital LLC acquired a new position in Harley-Davidson, Inc. (NYSE:HOG – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,000 shares of the company’s stock, valued at approximately $771,000.
Other institutional investors have also bought and sold shares of the company. Quantbot Technologies LP lifted its holdings in Harley-Davidson by 190.4% in the third quarter. Quantbot Technologies LP now owns 172,258 shares of the company’s stock worth $6,637,000 after purchasing an additional 112,948 shares during the period. LSV Asset Management lifted its holdings in Harley-Davidson by 17.3% in the second quarter. LSV Asset Management now owns 5,705,775 shares of the company’s stock worth $191,372,000 after purchasing an additional 842,407 shares during the period. GAMMA Investing LLC lifted its holdings in Harley-Davidson by 19.0% in the second quarter. GAMMA Investing LLC now owns 2,008 shares of the company’s stock worth $67,000 after purchasing an additional 320 shares during the period. Cetera Investment Advisers raised its position in Harley-Davidson by 70.6% in the first quarter. Cetera Investment Advisers now owns 72,828 shares of the company’s stock worth $3,185,000 after acquiring an additional 30,143 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Harley-Davidson by 12.8% in the second quarter. Dimensional Fund Advisors LP now owns 6,248,512 shares of the company’s stock worth $209,576,000 after acquiring an additional 708,260 shares in the last quarter. Institutional investors and hedge funds own 85.10% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have commented on HOG shares. UBS Group dropped their price target on shares of Harley-Davidson from $40.00 to $35.00 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. Robert W. Baird cut shares of Harley-Davidson from an “outperform” rating to a “neutral” rating and dropped their price target for the stock from $44.00 to $40.00 in a research report on Wednesday, October 2nd. Baird R W cut shares of Harley-Davidson from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Citigroup dropped their price target on shares of Harley-Davidson from $39.00 to $34.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Finally, Bank of America dropped their price target on shares of Harley-Davidson from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Tuesday, October 15th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Harley-Davidson currently has an average rating of “Hold” and an average target price of $42.57.
Insider Activity
In other news, Director Maryrose Sylvester sold 4,278 shares of the company’s stock in a transaction dated Wednesday, October 30th. The stock was sold at an average price of $32.25, for a total value of $137,965.50. Following the transaction, the director now owns 17,687 shares in the company, valued at $570,405.75. This represents a 19.48 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.87% of the stock is owned by corporate insiders.
Harley-Davidson Price Performance
NYSE HOG opened at $33.27 on Thursday. The stock’s 50-day moving average price is $34.12 and its two-hundred day moving average price is $35.01. The company has a current ratio of 1.41, a quick ratio of 1.25 and a debt-to-equity ratio of 1.38. The company has a market cap of $4.24 billion, a PE ratio of 7.49, a PEG ratio of 0.45 and a beta of 1.47. Harley-Davidson, Inc. has a 1 year low of $30.48 and a 1 year high of $44.16.
Harley-Davidson Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Tuesday, December 10th will be issued a $0.1725 dividend. The ex-dividend date is Tuesday, December 10th. This represents a $0.69 dividend on an annualized basis and a dividend yield of 2.07%. Harley-Davidson’s dividend payout ratio is 15.54%.
Harley-Davidson 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.
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