Harley-Davidson Inc (HOG) Holdings Reduced by Creative Planning

Creative Planning decreased its position in Harley-Davidson Inc (NYSE:HOG) by 3.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 23,511 shares of the company’s stock after selling 757 shares during the period. Creative Planning’s holdings in Harley-Davidson were worth $802,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Dupont Capital Management Corp lifted its position in shares of Harley-Davidson by 3.8% in the 4th quarter. Dupont Capital Management Corp now owns 29,832 shares of the company’s stock valued at $1,018,000 after acquiring an additional 1,081 shares in the last quarter. First Mercantile Trust Co. lifted its position in Harley-Davidson by 58.7% in the 4th quarter. First Mercantile Trust Co. now owns 1,650 shares of the company’s stock worth $57,000 after buying an additional 610 shares in the last quarter. Sigma Planning Corp lifted its position in Harley-Davidson by 15.5% in the 4th quarter. Sigma Planning Corp now owns 7,946 shares of the company’s stock worth $271,000 after buying an additional 1,067 shares in the last quarter. Ford Financial Group Inc. purchased a new stake in Harley-Davidson in the 4th quarter worth approximately $272,000. Finally, Signet Investment Advisory Group Inc. purchased a new stake in Harley-Davidson in the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 88.60% of the company’s stock.

A number of equities research analysts have issued reports on HOG shares. Argus cut their target price on shares of Harley-Davidson from $50.00 to $43.00 and set a “buy” rating for the company in a research report on Wednesday, October 24th. William Blair reiterated a “market perform” rating on shares of Harley-Davidson in a research report on Tuesday, January 29th. BMO Capital Markets cut their target price on shares of Harley-Davidson from $45.00 to $42.00 and set a “market perform” rating for the company in a research report on Thursday, October 25th. Robert W. Baird cut their target price on shares of Harley-Davidson from $50.00 to $45.00 and set a “neutral” rating for the company in a research report on Thursday, December 13th. Finally, Citigroup cut their target price on shares of Harley-Davidson from $53.00 to $45.00 and set a “buy” rating for the company in a research report on Tuesday, October 30th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company. Harley-Davidson has an average rating of “Hold” and a consensus target price of $44.00.

HOG stock opened at $36.50 on Thursday. Harley-Davidson Inc has a 12-month low of $31.36 and a 12-month high of $48.44. The company has a market capitalization of $5.93 billion, a price-to-earnings ratio of 9.66, a P/E/G ratio of 1.27 and a beta of 1.17. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.25 and a quick ratio of 1.09.

Harley-Davidson (NYSE:HOG) last announced its quarterly earnings results on Tuesday, January 29th. The company reported $0.17 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by ($0.16). Harley-Davidson had a return on equity of 30.76% and a net margin of 9.30%. The business had revenue of $955.63 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same quarter last year, the company earned $0.05 EPS. The business’s revenue for the quarter was up 91173.4% compared to the same quarter last year. On average, research analysts expect that Harley-Davidson Inc will post 3.48 earnings per share for the current fiscal year.

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Harley-Davidson Profile

Harley-Davidson, Inc primarily manufactures and sells cruiser and touring motorcycles. The company operates in two segments, Motorcycles & Related Products, and Financial Services. The Motorcycles & Related Products segment 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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Institutional Ownership by Quarter for Harley-Davidson (NYSE:HOG)

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