Harley-Davidson, Inc. (NYSE:HOG) Shares Sold by Hussman Strategic Advisors Inc.

Hussman Strategic Advisors Inc. decreased its position in Harley-Davidson, Inc. (NYSE:HOGFree Report) by 32.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 42,000 shares of the company’s stock after selling 20,000 shares during the quarter. Hussman Strategic Advisors Inc.’s holdings in Harley-Davidson were worth $1,547,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Prelude Capital Management LLC raised its stake in Harley-Davidson by 3.4% in the 3rd quarter. Prelude Capital Management LLC now owns 8,624 shares of the company’s stock valued at $301,000 after purchasing an additional 282 shares during the last quarter. Arizona State Retirement System raised its stake in Harley-Davidson by 1.0% in the 3rd quarter. Arizona State Retirement System now owns 38,886 shares of the company’s stock valued at $1,286,000 after purchasing an additional 384 shares during the last quarter. Treasurer of the State of North Carolina raised its stake in Harley-Davidson by 0.6% in the 3rd quarter. Treasurer of the State of North Carolina now owns 66,502 shares of the company’s stock valued at $2,199,000 after purchasing an additional 388 shares during the last quarter. National Bank of Canada FI raised its stake in Harley-Davidson by 30.3% in the 3rd quarter. National Bank of Canada FI now owns 1,680 shares of the company’s stock valued at $54,000 after purchasing an additional 391 shares during the last quarter. Finally, Lindbrook Capital LLC raised its stake in Harley-Davidson by 66.7% in the 4th quarter. Lindbrook Capital LLC now owns 1,057 shares of the company’s stock valued at $39,000 after purchasing an additional 423 shares during the last quarter. Institutional investors and hedge funds own 85.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on HOG. Bank of America lifted their price target on Harley-Davidson from $50.00 to $55.00 and gave the company a “buy” rating in a report on Thursday, March 14th. UBS Group lifted their price target on Harley-Davidson from $29.00 to $39.00 and gave the company a “neutral” rating in a report on Friday, February 16th. Citigroup lifted their price target on Harley-Davidson from $36.00 to $37.00 and gave the company a “neutral” rating in a report on Tuesday, February 27th. DA Davidson lifted their price target on Harley-Davidson from $42.00 to $49.00 and gave the company a “buy” rating in a report on Thursday, April 11th. Finally, BMO Capital Markets lifted their price target on Harley-Davidson from $45.00 to $50.00 and gave the company an “outperform” rating in a report on Wednesday, April 3rd. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Harley-Davidson currently has a consensus rating of “Moderate Buy” and an average target price of $46.67.

Check Out Our Latest Research Report on Harley-Davidson

Harley-Davidson Stock Performance

Harley-Davidson stock opened at $38.04 on Monday. The stock’s 50 day moving average price is $39.84 and its 200 day moving average price is $34.75. The firm has a market capitalization of $5.12 billion, a PE ratio of 7.89, a price-to-earnings-growth ratio of 2.50 and a beta of 1.43. The company has a debt-to-equity ratio of 1.53, a quick ratio of 1.25 and a current ratio of 1.53. Harley-Davidson, Inc. has a one year low of $25.43 and a one year high of $44.16.

Harley-Davidson (NYSE:HOGGet Free Report) last released its quarterly earnings results on Thursday, February 8th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.04 by $0.14. The firm had revenue of $791.65 million for the quarter, compared to analyst estimates of $875.29 million. Harley-Davidson had a return on equity of 22.00% and a net margin of 12.11%. Harley-Davidson’s revenue for the quarter was down 13.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.28 EPS. As a group, sell-side analysts expect that Harley-Davidson, Inc. will post 4.19 EPS for the current fiscal year.

Harley-Davidson Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 4th were given a dividend of $0.1725 per share. The ex-dividend date of this dividend was Friday, March 1st. This is a positive change from Harley-Davidson’s previous quarterly dividend of $0.17. This represents a $0.69 annualized dividend and a yield of 1.81%. Harley-Davidson’s payout ratio is 14.32%.

Harley-Davidson Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Harley-Davidson (NYSE:HOG)

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