Bronfman E.L. Rothschild L.P. boosted its holdings in shares of Harley-Davidson, Inc. (NYSE:HOG) by 0.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,916 shares of the company’s stock after buying an additional 4 shares during the period. Bronfman E.L. Rothschild L.P.’s holdings in Harley-Davidson were worth $104,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also bought and sold shares of the stock. Contravisory Investment Management Inc. raised its position in Harley-Davidson by 1.7% during the second quarter. Contravisory Investment Management Inc. now owns 4,291 shares of the company’s stock valued at $232,000 after buying an additional 72 shares during the period. Louisiana State Employees Retirement System raised its position in Harley-Davidson by 0.9% during the second quarter. Louisiana State Employees Retirement System now owns 10,900 shares of the company’s stock valued at $589,000 after buying an additional 100 shares during the period. Annex Advisory Services LLC raised its position in Harley-Davidson by 2.5% during the second quarter. Annex Advisory Services LLC now owns 4,114 shares of the company’s stock valued at $222,000 after buying an additional 102 shares during the period. First Business Financial Services Inc. raised its position in Harley-Davidson by 1.2% during the first quarter. First Business Financial Services Inc. now owns 8,907 shares of the company’s stock valued at $539,000 after buying an additional 107 shares during the period. Finally, Pacer Advisors Inc. raised its position in Harley-Davidson by 3.3% during the first quarter. Pacer Advisors Inc. now owns 3,698 shares of the company’s stock valued at $224,000 after buying an additional 117 shares during the period. 91.06% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Harley-Davidson, Inc. (HOG) opened at 47.38 on Monday. The company’s 50-day moving average price is $47.70 and its 200 day moving average price is $54.08. Harley-Davidson, Inc. has a 52 week low of $45.53 and a 52 week high of $63.40. The company has a market cap of $8.26 billion, a P/E ratio of 13.87 and a beta of 0.86.
Harley-Davidson (NYSE:HOG) last released its earnings results on Tuesday, July 18th. The company reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.10. The business had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.60 billion. Harley-Davidson had a return on equity of 30.51% and a net margin of 12.30%. Harley-Davidson’s quarterly revenue was down 5.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.55 earnings per share. On average, equities analysts forecast that Harley-Davidson, Inc. will post $3.39 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 22nd. Shareholders of record on Tuesday, September 12th will be given a dividend of $0.365 per share. This represents a $1.46 dividend on an annualized basis and a yield of 3.08%. The ex-dividend date of this dividend is Monday, September 11th. Harley-Davidson’s dividend payout ratio (DPR) is presently 42.44%.
In other Harley-Davidson news, insider Lawrence G. Hund sold 15,013 shares of the business’s stock in a transaction that occurred on Wednesday, August 30th. The stock was sold at an average price of $47.18, for a total transaction of $708,313.34. Following the transaction, the insider now owns 23,673 shares of the company’s stock, valued at $1,116,892.14. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.70% of the stock is owned by insiders.
Several research analysts recently weighed in on HOG shares. Morgan Stanley dropped their price target on Harley-Davidson from $59.00 to $54.00 and set an “overweight” rating on the stock in a research report on Monday, August 14th. ValuEngine lowered Harley-Davidson from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Stifel Nicolaus dropped their target price on Harley-Davidson from $61.00 to $55.00 and set a “hold” rating on the stock in a research report on Friday, July 14th. Robert W. Baird reaffirmed a “neutral” rating and issued a $62.00 target price on shares of Harley-Davidson in a research report on Wednesday, June 7th. Finally, BidaskClub raised Harley-Davidson from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 13th. Two equities research analysts have rated the stock with a sell rating, twenty have assigned a hold rating and four have assigned a buy rating to the stock. Harley-Davidson has an average rating of “Hold” and a consensus price target of $54.50.
Harley-Davidson Company Profile
Harley-Davidson, Inc is the parent company for the groups of companies doing business as Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS). The Company operates in two segments: the Motorcycles & Related Products (Motorcycles) and the Financial Services. The Motorcycles segment consists of HDMC, which designs, manufactures and sells at wholesale on-road Harley-Davidson motorcycles, as well as motorcycle parts, accessories, general merchandise and related services.
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