Harley-Davidson, Inc. (NYSE:HOG) Insider Sells $88,264.00 in Stock

Harley-Davidson, Inc. (NYSE:HOG) insider Luke Christopher Mansfield sold 3,400 shares of the company’s stock in a transaction dated 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 transaction, the insider now directly owns 23,555 shares of the company’s stock, valued at approximately $611,487.80. The trade was a 12.61 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Harley-Davidson Trading Up 0.8 %

NYSE HOG opened at $26.97 on Friday. Harley-Davidson, Inc. has a 12 month low of $25.25 and a 12 month high of $44.16. The company has a current ratio of 1.40, a quick ratio of 1.19 and a debt-to-equity ratio of 1.41. The business’s 50-day moving average price is $28.61 and its two-hundred day moving average price is $32.90. The firm has a market capitalization of $3.43 billion, a PE ratio of 8.10, a price-to-earnings-growth ratio of 0.37 and a beta of 1.46.

Harley-Davidson (NYSE:HOG) last announced its earnings results on Wednesday, February 5th. The company reported ($0.93) EPS for the quarter, missing the consensus estimate 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 in the prior year, the business posted $0.18 EPS. On average, analysts expect that Harley-Davidson, Inc. will post 3.44 EPS for the current year.

Harley-Davidson Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a dividend of $0.18 per share. This is a positive change from Harley-Davidson’s previous quarterly dividend of $0.17. The ex-dividend date is Friday, February 28th. This represents a $0.72 annualized dividend and a dividend yield of 2.67%. Harley-Davidson’s dividend payout ratio is presently 20.72%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. UBS Group lowered their target price on Harley-Davidson from $35.00 to $28.00 and set a “neutral” rating for the company in a report on Thursday. Citigroup lowered their target price on Harley-Davidson from $31.00 to $29.00 and set a “neutral” rating for the company in a report on Thursday, February 6th. StockNews.com raised Harley-Davidson from a “sell” rating to a “hold” rating in a report on Wednesday, November 27th. DA Davidson lowered their target price on Harley-Davidson from $39.00 to $31.00 and set a “buy” rating for the company in a report on Tuesday, February 4th. Finally, Robert W. Baird lowered their target price on Harley-Davidson from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Tuesday, December 31st. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, Harley-Davidson presently has a consensus rating of “Hold” and an average target price of $33.57.

Institutional Investors Weigh In On Harley-Davidson

Institutional investors and hedge funds have recently made changes to their positions in the business. Venturi Wealth Management LLC boosted its position in shares of Harley-Davidson by 172.0% during the 4th quarter. Venturi Wealth Management LLC now owns 876 shares of the company’s stock valued at $26,000 after purchasing an additional 554 shares in the last quarter. Prospera Private Wealth LLC bought a new position in Harley-Davidson in the third quarter worth approximately $35,000. Ashton Thomas Securities LLC bought a new position in Harley-Davidson in the third quarter worth approximately $38,000. Bessemer Group Inc. boosted its holdings in Harley-Davidson by 237.9% in the fourth quarter. Bessemer Group Inc. now owns 1,301 shares of the company’s stock worth $39,000 after acquiring an additional 916 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in Harley-Davidson in the fourth quarter worth approximately $42,000. Institutional investors own 85.10% of the company’s stock.

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.