CHICAGO TRUST Co NA raised its position in shares of Harley-Davidson Inc (NYSE:HOG) by 17.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 42,830 shares of the company’s stock after buying an additional 6,315 shares during the period. Harley-Davidson accounts for 1.1% of CHICAGO TRUST Co NA’s holdings, making the stock its 27th largest position. CHICAGO TRUST Co NA’s holdings in Harley-Davidson were worth $ 2,591,000 at the end of the most recent reporting period.
Several other hedge funds have also bought and sold shares of the stock. NN Investment Partners Holdings N.V. increased its stake in Harley-Davidson by 155.5% in the fourth quarter. NN Investment Partners Holdings N.V. now owns 3,045 shares of the company’s stock worth $ 178,000 after buying an additional 1,853 shares during the period. Tower Research Capital LLC TRC boosted its position in Harley-Davidson by 22.5% in the third quarter. Tower Research Capital LLC TRC now owns 3,818 shares of the company’s stock valued at $ 201,000 after buying an additional 700 shares in the last quarter. Stokes & Hubbell Capital Management LLC purchased a new position in Harley-Davidson during the first quarter valued at $ 201,000. Cpcm LLC purchased a new position in Harley-Davidson during the fourth quarter valued at $ 203,000. Finally, Putnam Investments LLC purchased a new position in Harley-Davidson during the fourth quarter valued at $ 204,000. Institutional investors own 89.54% of the company’s stock.
Harley-Davidson Inc (NYSE:HOG) opened at 56.81 on Monday. The firm has a market cap of $ 10.00 billion, a P/E ratio of 16.20 and a beta of 0.88. The firm’s 50-day moving average price is $ 59.86 and its 200 day moving average price is $ 58.34. Harley-Davidson Inc has a 52 week low of $ 41.63 and a 52 week high of $ 63.40.
Harley-Davidson (NYSE:HOG) last released its earnings results on Tuesday, April 18th. The company reported $ 1.05 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $ 1.02 by $ 0.03. Harley-Davidson had a return on equity of 35.38% and a net margin of 13.13%. The business had revenue of $ 1.33 billion for the quarter, compared to the consensus estimate of $ 1.35 billion. During the same period in the previous year, the company posted $ 1.36 earnings per share. The company’s revenue for the quarter was down 15.7% compared to the same quarter last year. Equities analysts forecast that Harley-Davidson Inc will post $ 3.76 earnings per share for the current fiscal year.
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Several equities analysts recently weighed in on the stock. UBS Group AG reissued a “neutral” rating and issued a $ 57.00 target price on shares of Harley-Davidson in a research note on Monday, April 17th. Morgan Stanley reaffirmed an “overweight” rating and set a $ 59.00 price objective (down from $ 61.00) on shares of Harley-Davidson in a research report on Wednesday, February 1st. Barclays PLC reaffirmed an “equal weight” rating and set a $ 52.00 price objective (down from $ 53.00) on shares of Harley-Davidson in a research report on Friday, April 21st. Tigress Financial reaffirmed a “buy” rating on shares of Harley-Davidson in a research report on Friday, March 17th. Finally, Wedbush lifted their price objective on shares of Harley-Davidson from $ 53.00 to $ 55.00 and gave the stock a “neutral” rating in a research report on Monday, April 3rd. One equities research analyst has rated the stock with a sell rating, eighteen have given a hold rating and six have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $ 56.12.
In other news, SVP Michelle Kumbier sold 3,049 shares of the business’s stock in a transaction on Monday, February 6th. The stock was sold at an average price of $ 56.56, for a total value of $ 172,451.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 completion of the transaction, the director now owns 5,523 shares of the company’s stock, valued at approximately $ 314,148.24. The disclosure for this sale can be found here. Insiders sold 103,960 shares of company stock worth $ 5,912,378 over the last three months. Corporate insiders own 0.99% of the company’s stock.
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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