First Trust Advisors LP Has $8.84 Million Holdings in Harley-Davidson, Inc. (NYSE:HOG)

First Trust Advisors LP lessened its stake in Harley-Davidson, Inc. (NYSE:HOGGet Rating) by 1.1% in the third quarter, HoldingsChannel reports. The firm owned 253,395 shares of the company’s stock after selling 2,940 shares during the period. First Trust Advisors LP’s holdings in Harley-Davidson were worth $8,838,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HOG. TD Capital Management LLC bought a new stake in shares of Harley-Davidson in the 3rd quarter valued at about $26,000. Lazard Asset Management LLC bought a new stake in Harley-Davidson in the first quarter valued at approximately $31,000. Ellevest Inc. raised its holdings in Harley-Davidson by 327.2% in the third quarter. Ellevest Inc. now owns 1,115 shares of the company’s stock worth $39,000 after purchasing an additional 854 shares during the period. Brown Brothers Harriman & Co. raised its holdings in Harley-Davidson by 1,144.1% in the first quarter. Brown Brothers Harriman & Co. now owns 1,381 shares of the company’s stock worth $54,000 after purchasing an additional 1,270 shares during the period. Finally, Covestor Ltd boosted its position in shares of Harley-Davidson by 74.7% during the first quarter. Covestor Ltd now owns 1,660 shares of the company’s stock worth $65,000 after purchasing an additional 710 shares in the last quarter. Institutional investors own 83.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on HOG shares. DA Davidson upped their price objective on shares of Harley-Davidson from $44.00 to $47.00 and gave the company a “neutral” rating in a research report on Monday, February 6th. Morgan Stanley increased their price target on Harley-Davidson from $48.00 to $50.00 and gave the stock an “equal weight” rating in a report on Wednesday, March 1st. Jefferies Financial Group initiated coverage on Harley-Davidson in a report on Tuesday, November 15th. They set an “underperform” rating and a $39.00 price objective on the stock. cut Harley-Davidson from a “buy” rating to a “hold” rating in a research note on Friday, January 20th. Finally, Citigroup set a $49.00 price target on shares of Harley-Davidson in a research note on Wednesday, November 23rd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. According to, the stock has a consensus rating of “Hold” and an average target price of $49.38.

Harley-Davidson Price Performance

Shares of HOG opened at $39.76 on Monday. The company has a quick ratio of 1.08, a current ratio of 1.34 and a debt-to-equity ratio of 1.53. Harley-Davidson, Inc. has a twelve month low of $29.80 and a twelve month high of $51.77. The stock has a market capitalization of $5.81 billion, a P/E ratio of 8.00, a P/E/G ratio of 1.39 and a beta of 1.39. The company has a 50 day moving average of $45.91 and a 200-day moving average of $43.14.

Harley-Davidson (NYSE:HOGGet Rating) last released its earnings results on Thursday, February 2nd. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.21. Harley-Davidson had a net margin of 13.35% and a return on equity of 27.23%. The business had revenue of $918.70 million during the quarter, compared to the consensus estimate of $910.04 million. During the same quarter last year, the firm earned $0.15 earnings per share. The firm’s revenue for the quarter was up 14.4% compared to the same quarter last year. As a group, equities research analysts forecast that Harley-Davidson, Inc. will post 4.68 EPS for the current fiscal year.

Harley-Davidson Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 20th. Stockholders of record on Friday, March 3rd will be issued a $0.165 dividend. This is a boost from Harley-Davidson’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Thursday, March 2nd. This represents a $0.66 annualized dividend and a dividend yield of 1.66%. Harley-Davidson’s dividend payout ratio (DPR) is presently 13.28%.

Insider Activity at Harley-Davidson

In related news, SVP Jonathan R. Root sold 2,239 shares of the stock in a transaction that occurred on Monday, February 6th. The stock was sold at an average price of $50.17, for a total transaction of $112,330.63. Following the completion of the transaction, the senior vice president now directly owns 5,474 shares of the company’s stock, valued at $274,630.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.60% of the stock is owned by company insiders.

Harley-Davidson Company Profile

(Get Rating)

Harley-Davidson, Inc is engaged in the manufacture and sale of custom, cruiser, and touring motorcycles. It operates through the following segments: Motorcycles & Related Products and Financial Services. The Motorcycles & Related Products segment manufactures, designs, and sells at wholesale on-road Harley-Davidson motorcycles as well as motorcycle parts, accessories, general merchandise, and related services.

Read More

Want to see what other hedge funds are holding HOG? Visit to get the latest 13F filings and insider trades for Harley-Davidson, Inc. (NYSE:HOGGet Rating).

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

Receive News & Ratings for Harley-Davidson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harley-Davidson and related companies with's FREE daily email newsletter.