Dimensional Fund Advisors LP raised its position in Harley-Davidson Inc (NYSE:HOG) by 1.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,227,385 shares of the company’s stock after buying an additional 12,203 shares during the period. Dimensional Fund Advisors LP owned about 0.73% of Harley-Davidson worth $59,177,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Schwab Charles Investment Management Inc. boosted its holdings in Harley-Davidson by 27.7% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 1,129,738 shares of the company’s stock worth $54,465,000 after buying an additional 245,139 shares during the last quarter. Parthenon LLC boosted its holdings in shares of Harley-Davidson by 32.4% during the 3rd quarter. Parthenon LLC now owns 15,849 shares of the company’s stock worth $764,000 after purchasing an additional 3,875 shares during the last quarter. Crossmark Global Holdings Inc. acquired a new position in shares of Harley-Davidson during the 3rd quarter worth approximately $960,000. ING Groep NV boosted its holdings in shares of Harley-Davidson by 199.7% during the 3rd quarter. ING Groep NV now owns 26,779 shares of the company’s stock worth $1,291,000 after purchasing an additional 17,843 shares during the last quarter. Finally, Independent Franchise Partners LLP boosted its holdings in shares of Harley-Davidson by 53.3% during the 3rd quarter. Independent Franchise Partners LLP now owns 8,101,285 shares of the company’s stock worth $390,562,000 after purchasing an additional 2,815,749 shares during the last quarter. Institutional investors own 97.18% of the company’s stock.
Several brokerages have recently weighed in on HOG. Wedbush boosted their target price on Harley-Davidson from $45.00 to $49.00 and gave the stock a “neutral” rating in a report on Thursday, December 7th. Argus upgraded Harley-Davidson from a “hold” rating to a “buy” rating and set a $53.00 target price on the stock in a report on Friday, October 20th. TheStreet cut Harley-Davidson from a “b-” rating to a “c+” rating in a report on Tuesday, October 17th. Stifel Nicolaus boosted their target price on Harley-Davidson from $48.00 to $49.00 and gave the stock a “hold” rating in a report on Wednesday, October 18th. Finally, Zacks Investment Research cut Harley-Davidson from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Three research analysts have rated the stock with a sell rating, fifteen have given a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $52.75.
Harley-Davidson (NYSE:HOG) last released its quarterly earnings data on Tuesday, October 17th. The company reported $0.40 EPS for the quarter, meeting analysts’ consensus estimates of $0.40. Harley-Davidson had a return on equity of 28.69% and a net margin of 11.68%. The firm had revenue of $962.10 million for the quarter, compared to analysts’ expectations of $959.41 million. During the same period in the prior year, the firm posted $0.64 earnings per share. The firm’s quarterly revenue was down 11.9% on a year-over-year basis. equities analysts anticipate that Harley-Davidson Inc will post 3.43 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 15th were issued a $0.365 dividend. This represents a $1.46 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date was Thursday, December 14th. Harley-Davidson’s dividend payout ratio is presently 45.77%.
In other Harley-Davidson news, CEO Matthew S. Levatich sold 19,447 shares of the business’s stock in a transaction that occurred on Wednesday, October 25th. The stock was sold at an average price of $48.36, for a total value of $940,456.92. Following the sale, the chief executive officer now owns 88,646 shares of the company’s stock, valued at $4,286,920.56. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Lawrence G. Hund sold 8,660 shares of the business’s stock in a transaction that occurred on Tuesday, October 31st. The shares were sold at an average price of $46.88, for a total value of $405,980.80. The disclosure for this sale can be found here. Insiders sold 58,726 shares of company stock worth $2,816,641 over the last quarter. 0.70% of the stock is currently owned by insiders.
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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