Harley-Davidson Inc. (NYSE:HOG) Director Donald A. James sold 100,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 2nd. The shares were sold at an average price of $ 56.13, for a total transaction of $ 5,613,000.00. Following the transaction, the director now directly owns 5,523 shares of the company’s stock, valued at $ 310,005.99. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Harley-Davidson Inc. (NYSE:HOG) opened at 55.92 on Friday. Harley-Davidson Inc. has a 12-month low of $ 36.36 and a 12-month high of $ 58.35. The stock has a 50 day moving average of $ 52.94 and a 200-day moving average of $ 49.78. The company has a market capitalization of $ 9.98 billion, a PE ratio of 14.97 and a beta of 0.96.
Harley-Davidson (NYSE:HOG) last announced its earnings results on Tuesday, October 18th. The company reported $ 0.64 earnings per share (EPS) for the quarter, hitting the consensus estimate of $ 0.64. Harley-Davidson had a net margin of 12.86% and a return on equity of 35.49%. The company had revenue of $ 1.27 billion for the quarter, compared to analysts’ expectations of $ 1.09 billion. During the same quarter in the previous year, the company posted $ 0.69 EPS. The firm’s quarterly revenue was down 4.3% on a year-over-year basis. Equities analysts expect that Harley-Davidson Inc. will post $ 3.88 earnings per share for the current year.
A number of large investors have recently made changes to their positions in the company. Mizuho Asset Management Co. Ltd. boosted its stake in shares of Harley-Davidson by 59.1% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 2,501 shares of the company’s stock valued at $ 113,000 after buying an additional 929 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of Harley-Davidson by 344.8% in the second quarter. Tower Research Capital LLC TRC now owns 3,118 shares of the company’s stock valued at $ 141,000 after buying an additional 2,417 shares during the period. Pacer Advisors Inc. boosted its stake in shares of Harley-Davidson by 7.3% in the second quarter. Pacer Advisors Inc. now owns 3,625 shares of the company’s stock valued at $ 164,000 after buying an additional 247 shares during the period. Tredje AP fonden boosted its stake in shares of Harley-Davidson by 1,380.8% in the second quarter. Tredje AP fonden now owns 3,850 shares of the company’s stock valued at $ 174,000 after buying an additional 3,590 shares during the period. Finally, Cutler Capital Management LLC boosted its stake in shares of Harley-Davidson by 33.3% in the second quarter. Cutler Capital Management LLC now owns 4,000 shares of the company’s stock valued at $ 181,000 after buying an additional 1,000 shares during the period. 94.68% of the stock is currently owned by institutional investors.
Several research analysts have recently weighed in on HOG shares. Citigroup Inc. boosted their price objective on shares of Harley-Davidson from $ 51.00 to $ 62.00 and gave the company a “buy” rating in a report on Monday, August 29th. Goldman Sachs Group Inc. restated a “neutral” rating and set a $ 47.00 target price on shares of Harley-Davidson in a research report on Wednesday, August 3rd. Vetr lowered shares of Harley-Davidson from a “hold” rating to a “sell” rating and set a $ 51.00 target price for the company. in a research report on Monday, August 8th. Wells Fargo & Co. lowered shares of Harley-Davidson from an “outperform” rating to a “market perform” rating in a research report on Friday, July 29th. Finally, Jefferies Group began coverage on shares of Harley-Davidson in a research report on Friday, September 30th. They issued a “hold” rating and a $ 49.00 price target for the company. Five equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $ 51.61.
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 l Harley-Davidson motorcycles, as well as a line of motorcycle parts, accessories, general merchandise and related services.
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