Vontobel Holding Ltd. Purchases 17,086 Shares of Harley-Davidson, Inc. (NYSE:HOG)

Vontobel Holding Ltd. boosted its position in Harley-Davidson, Inc. (NYSE:HOG) by 187.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,201 shares of the company’s stock after acquiring an additional 17,086 shares during the quarter. Vontobel Holding Ltd.’s holdings in Harley-Davidson were worth $789,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. Mork Capital Management LLC bought a new stake in shares of Harley-Davidson during the third quarter worth $1,926,000. Barclays PLC grew its stake in shares of Harley-Davidson by 135.7% during the third quarter. Barclays PLC now owns 282,932 shares of the company’s stock worth $10,900,000 after buying an additional 162,899 shares during the last quarter. Quantinno Capital Management LP grew its stake in shares of Harley-Davidson by 151.3% during the third quarter. Quantinno Capital Management LP now owns 50,475 shares of the company’s stock worth $1,945,000 after buying an additional 30,388 shares during the last quarter. Quantbot Technologies LP grew its stake in shares of Harley-Davidson by 190.4% during the third quarter. Quantbot Technologies LP now owns 172,258 shares of the company’s stock worth $6,637,000 after buying an additional 112,948 shares during the last quarter. Finally, Franklin Resources Inc. bought a new stake in shares of Harley-Davidson during the third quarter worth $2,725,000. 85.10% of the stock is owned by institutional investors.

Insider Activity

In other news, insider Luke Christopher Mansfield sold 3,400 shares of the company’s stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $25.96, for a total transaction of $88,264.00. Following the transaction, the insider now owns 23,555 shares in the company, valued at approximately $611,487.80. This represents a 12.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.87% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on HOG shares. Robert W. Baird decreased 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. UBS Group decreased their target price on shares of Harley-Davidson from $40.00 to $35.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. DA Davidson cut their price target on shares of Harley-Davidson from $39.00 to $31.00 and set a “buy” rating on the stock in a report on Tuesday, February 4th. StockNews.com upgraded shares of Harley-Davidson from a “sell” rating to a “hold” rating in a report on Wednesday, November 27th. Finally, Citigroup cut their price target on shares of Harley-Davidson from $31.00 to $29.00 and set a “neutral” rating on the stock in a report on Thursday, February 6th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $34.57.

Harley-Davidson Price Performance

HOG stock opened at $26.29 on Wednesday. The firm has a market cap of $3.35 billion, a price-to-earnings ratio of 7.89, a PEG ratio of 0.36 and a beta of 1.46. The company has a quick ratio of 1.25, a current ratio of 1.40 and a debt-to-equity ratio of 1.41. Harley-Davidson, Inc. has a 12-month low of $25.25 and a 12-month high of $44.16. The company’s fifty day simple moving average is $28.86 and its 200 day simple moving average is $32.98.

Harley-Davidson (NYSE:HOG) last released its earnings results on Wednesday, February 5th. The company reported ($0.93) earnings per share (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 quarter last year, the business posted $0.18 earnings per share. On average, analysts expect that Harley-Davidson, Inc. will post 3.65 earnings per share for the current year.

Harley-Davidson Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a $0.18 dividend. This is a positive change from Harley-Davidson’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.72 annualized dividend and a yield of 2.74%. Harley-Davidson’s payout ratio is presently 20.72%.

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.