12827 Shares in Harley-Davidson Inc (HOG) Acquired by Kentucky Retirement Systems

Kentucky Retirement Systems purchased a new stake in Harley-Davidson Inc (NYSE:HOG) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,827 shares of the company’s stock, valued at approximately $ 748,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of HOG. Bronfman E.L. Rothschild L.P. increased its position in Harley-Davidson by 0.3% in the third quarter. Bronfman E.L. Rothschild L.P. now owns 1,925 shares of the company’s stock valued at $ 101,000 after buying an additional 5 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its position in Harley-Davidson by 0.3% in the third quarter. Municipal Employees Retirement System of Michigan now owns 5,740 shares of the company’s stock valued at $ 302,000 after buying an additional 20 shares during the last quarter. Concert Wealth Management Inc. increased its position in Harley-Davidson by 0.6% in the third quarter. Concert Wealth Management Inc. now owns 4,977 shares of the company’s stock valued at $ 261,000 after buying an additional 28 shares during the last quarter. World Asset Management Inc increased its position in Harley-Davidson by 0.7% in the third quarter. World Asset Management Inc now owns 18,693 shares of the company’s stock valued at $ 983,000 after buying an additional 121 shares during the last quarter. Finally, Hartford Investment Management Co. increased its position in Harley-Davidson by 0.3% in the third quarter. Hartford Investment Management Co. now owns 43,029 shares of the company’s stock valued at $ 2,263,000 after buying an additional 128 shares during the last quarter. Institutional investors and hedge funds own 89.54% of the company’s stock.

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

Harley-Davidson Inc (NYSE:HOG) opened at 60.91 on Friday. Harley-Davidson Inc has a 52 week low of $ 41.63 and a 52 week high of $ 63.40. The stock’s 50 day moving average price is $ 59.63 and its 200 day moving average price is $ 57.61. The stock has a market cap of $ 10.63 billion, a price-to-earnings ratio of 15.90 and a beta of 0.88.

Harley-Davidson (NYSE:HOG) last issued its quarterly earnings results on Tuesday, January 31st. The company reported $ 0.27 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $ 0.31 by $ 0.04. Harley-Davidson had a return on equity of 35.38% and a net margin of 13.13%. The firm had revenue of $ 1.11 billion for the quarter, compared to analysts’ expectations of $ 972.47 million. During the same quarter in the previous year, the firm posted $ 0.22 earnings per share. The firm’s revenue for the quarter was down 7.4% compared to the same quarter last year. On average, analysts forecast that Harley-Davidson Inc will post $ 3.85 earnings per share for the current year.

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Several research analysts have weighed in on the company. Jefferies Group LLC restated a “hold” rating and issued a $ 49.00 price target on shares of Harley-Davidson in a research note on Thursday. Argus reiterated a “hold” rating on shares of Harley-Davidson in a research report on Friday, February 3rd. Barclays PLC reiterated an “underweight” rating and set a $ 53.00 target price (up from $ 45.00) on shares of Harley-Davidson in a research report on Wednesday, February 1st. Longbow Research upgraded Harley-Davidson from an “underperform” rating to a “neutral” rating in a research report on Wednesday, March 15th. Finally, Wedbush increased their target price on Harley-Davidson from $ 53.00 to $ 55.00 and gave the company a “neutral” rating in a research report on Monday, April 3rd. Two research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $ 55.65.

In other Harley-Davidson news, VP Joanne M. Bischmann sold 911 shares of the business’s stock in a transaction on Tuesday, February 7th. The stock was sold at an average price of $ 57.00, for a total transaction of $ 51,927.00. Following the transaction, the vice president now owns 2,195 shares of the company’s stock, valued at $ 125,115. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Donald A. James sold 100,000 shares of the business’s stock in a transaction on Friday, February 10th. The stock was sold at an average price of $ 56.88, for a total value of $ 5,688,000.00. Following the transaction, the director now directly owns 5,523 shares in the company, valued at approximately $ 314,148.24. The disclosure for this sale can be found here. Insiders have sold 103,960 shares of company stock valued at $ 5,912,378 over the last quarter. 0.99% of the stock is owned by company insiders.

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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Craig Ballantyne

I love anything to do with Harley Davidson and have two beautiful children and a beautiful partner. In my spare time i like building websites and love anything to do with the internet.

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