Vanguard Group Inc. Has $383.52 Million Stock Holdings in Harley-Davidson, Inc. (NYSE:HOG)

Vanguard Group Inc. lowered its stake in shares of Harley-Davidson, Inc. (NYSE:HOG) by 2.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,728,678 shares of the company’s stock after selling 368,363 shares during the period. Vanguard Group Inc. owned about 0.10% of Harley-Davidson worth $383,515,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of HOG. Venturi Wealth Management LLC raised its stake 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 worth $26,000 after purchasing an additional 554 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in Harley-Davidson in the fourth quarter worth approximately $42,000. Global Retirement Partners LLC increased its stake in shares of 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 purchasing an additional 846 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of Harley-Davidson during the 4th quarter valued at $65,000. Finally, Jones Financial Companies Lllp lifted its stake in shares of Harley-Davidson by 62.6% in the 4th quarter. Jones Financial Companies Lllp now owns 3,156 shares of the company’s stock valued at $95,000 after purchasing an additional 1,215 shares during the last quarter. 85.10% of the stock is currently owned by hedge funds and other institutional investors.

Harley-Davidson Stock Up 1.9 %

HOG opened at $25.54 on Thursday. The business has a 50 day moving average of $26.08 and a 200-day moving average of $30.63. The stock has a market capitalization of $3.18 billion, a price-to-earnings ratio of 7.67, a P/E/G ratio of 0.38 and a beta of 1.49. The company has a current ratio of 1.40, a quick ratio of 1.19 and a debt-to-equity ratio of 1.41. Harley-Davidson, Inc. has a 1-year low of $23.81 and a 1-year high of $43.89.

Harley-Davidson (NYSE:HOG) last issued its quarterly earnings results on Wednesday, February 5th. The company reported ($0.93) earnings per share 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 quarter in the prior year, the company earned $0.18 earnings per share. As a group, sell-side analysts anticipate that Harley-Davidson, Inc. will post 3.44 earnings per share for the current year.

Harley-Davidson Increases Dividend

The company also recently declared 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 represents a $0.72 annualized dividend and a yield of 2.82%. This is a positive change from Harley-Davidson’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Friday, February 28th. Harley-Davidson’s payout ratio is currently 21.62%.

Insider Buying and Selling at Harley-Davidson

In other Harley-Davidson news, insider Luke Christopher Mansfield sold 3,400 shares of the business’s stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $25.96, for a total value of $88,264.00. Following the sale, the insider now owns 23,555 shares of the company’s stock, valued at $611,487.80. The trade was a 12.61 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.87% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on HOG. Bank of America lowered their target price on shares of Harley-Davidson from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Thursday, January 30th. UBS Group cut their price objective on Harley-Davidson from $35.00 to $28.00 and set a “neutral” rating on the stock in a research note on Thursday, February 20th. Morgan Stanley decreased their target price on Harley-Davidson from $33.00 to $31.00 and set an “equal weight” rating for the company in a research report on Thursday, February 6th. DA Davidson dropped their price target on shares of Harley-Davidson from $39.00 to $31.00 and set a “buy” rating on the stock in a research report on Tuesday, February 4th. Finally, Robert W. Baird lowered their target price on shares of Harley-Davidson from $40.00 to $36.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 31st. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $33.43.

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.