Barclays PLC Sells 33,074 Shares of Harley-Davidson, Inc. (NYSE:HOG)

Barclays PLC decreased its position in Harley-Davidson, Inc. (NYSE:HOGFree Report) by 18.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 150,405 shares of the company’s stock after selling 33,074 shares during the quarter. Barclays PLC’s holdings in Harley-Davidson were worth $4,972,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of HOG. Lazard Asset Management LLC purchased a new stake in shares of Harley-Davidson during the first quarter worth about $31,000. Covestor Ltd boosted its stake in Harley-Davidson by 293.2% during the second quarter. Covestor Ltd now owns 1,046 shares of the company’s stock valued at $37,000 after buying an additional 780 shares during the last quarter. National Bank of Canada FI boosted its stake in Harley-Davidson by 77.1% during the second quarter. National Bank of Canada FI now owns 1,289 shares of the company’s stock valued at $45,000 after buying an additional 561 shares during the last quarter. Brown Brothers Harriman & Co. boosted its stake in Harley-Davidson by 1,144.1% during the first quarter. Brown Brothers Harriman & Co. now owns 1,381 shares of the company’s stock valued at $54,000 after buying an additional 1,270 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale bought a new position in Harley-Davidson during the second quarter valued at approximately $61,000. Institutional investors own 82.29% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. BMO Capital Markets dropped their price target on Harley-Davidson from $55.00 to $45.00 and set an “outperform” rating for the company in a research note on Friday, October 27th. TheStreet lowered Harley-Davidson from a “b-” rating to a “c+” rating in a research note on Friday, October 27th. Finally, Citigroup raised their price objective on Harley-Davidson from $33.00 to $36.00 and gave the company a “neutral” rating in a research note on Monday, December 18th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $45.25.

View Our Latest Report on HOG

Harley-Davidson Price Performance

Shares of HOG stock opened at $36.85 on Friday. Harley-Davidson, Inc. has a 52-week low of $25.43 and a 52-week high of $49.39. The company has a debt-to-equity ratio of 1.77, a quick ratio of 1.74 and a current ratio of 2.03. The firm has a market capitalization of $5.13 billion, a P/E ratio of 7.49, a P/E/G ratio of 1.83 and a beta of 1.40. The stock has a 50 day moving average price of $34.34 and a 200 day moving average price of $32.80.

Harley-Davidson (NYSE:HOGGet Free Report) last issued its quarterly earnings results on Thursday, February 8th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.14. Harley-Davidson had a return on equity of 23.12% and a net margin of 12.19%. The firm had revenue of $791.65 million during the quarter, compared to analyst estimates of $875.29 million. During the same period last year, the company earned $0.28 EPS. Harley-Davidson’s quarterly revenue was down 13.8% compared to the same quarter last year. As a group, sell-side analysts predict that Harley-Davidson, Inc. will post 4.66 earnings per share for the current year.

Harley-Davidson Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 27th. Shareholders of record on Monday, December 11th were issued a dividend of $0.165 per share. The ex-dividend date of this dividend was Friday, December 8th. This represents a $0.66 annualized dividend and a yield of 1.79%. Harley-Davidson’s payout ratio is currently 13.41%.

About Harley-Davidson

(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, and dual models, 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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