Heritage Investors Management Corp cut its stake in shares of Harley-Davidson Inc (NYSE:HOG) by 0.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 114,859 shares of the company’s stock after selling 455 shares during the period. Heritage Investors Management Corp owned about 0.07% of Harley-Davidson worth $ 6,949,000 as of its most recent filing with the SEC.
Several other large investors have also recently made changes to their positions in the stock. Dodge & Cox purchased a new stake in shares of Harley-Davidson during the fourth quarter valued at approximately $ 517,798,000. Norges Bank purchased a new stake in shares of Harley-Davidson during the fourth quarter valued at approximately $ 115,866,000. FMR LLC boosted its stake in shares of Harley-Davidson by 233.2% in the fourth quarter. FMR LLC now owns 575,566 shares of the company’s stock valued at $ 33,578,000 after buying an additional 402,811 shares during the last quarter. Renaissance Technologies LLC boosted its stake in shares of Harley-Davidson by 2,508.8% in the fourth quarter. Renaissance Technologies LLC now owns 383,500 shares of the company’s stock valued at $ 22,373,000 after buying an additional 368,800 shares during the last quarter. Finally, TIAA CREF Investment Management LLC boosted its stake in shares of Harley-Davidson by 53.8% in the third quarter. TIAA CREF Investment Management LLC now owns 897,409 shares of the company’s stock valued at $ 47,195,000 after buying an additional 313,981 shares during the last quarter. 89.54% of the stock is owned by institutional investors and hedge funds.
Shares of Harley-Davidson Inc (NYSE:HOG) traded up 0.27% during mid-day trading on Monday, reaching $ 59.86. The company’s stock had a trading volume of 2,947,648 shares. Harley-Davidson Inc has a 52-week low of $ 41.63 and a 52-week high of $ 63.40. The firm has a 50 day moving average price of $ 60.00 and a 200 day moving average price of $ 57.88.
Harley-Davidson (NYSE:HOG) last released its quarterly earnings results on Tuesday, January 31st. The company reported $ 0.27 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $ 0.31 by $ 0.04. The firm had revenue of $ 1.11 billion for the quarter, compared to analyst estimates of $ 972.47 million. Harley-Davidson had a return on equity of 35.38% and a net margin of 13.13%. The business’s revenue for the quarter was down 7.4% on a year-over-year basis. During the same period in the previous year, the business posted $ 0.22 earnings per share. On average, equities research analysts forecast that Harley-Davidson Inc will post $ 3.85 earnings per share for the current year.
HOG has been the subject of a number of recent analyst reports. Citigroup Inc decreased their target price on Harley-Davidson from $ 73.00 to $ 68.00 and set a “buy” rating for the company in a research report on Monday, March 6th. Argus reaffirmed a “hold” rating on shares of Harley-Davidson in a research report on Friday, February 3rd. Royal Bank of Canada upped their target price on Harley-Davidson from $ 58.00 to $ 60.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 5th. Goldman Sachs Group Inc reaffirmed a “neutral” rating and set a $ 57.00 target price on shares of Harley-Davidson in a research report on Monday, December 19th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $ 63.00 target price (up previously from $ 58.00) on shares of Harley-Davidson in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating and six have given a buy rating to the stock. Harley-Davidson has a consensus rating of “Hold” and an average target price of $ 56.47.
In other Harley-Davidson news, SVP Michelle Kumbier sold 3,049 shares of Harley-Davidson 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Donald A. James sold 100,000 shares of Harley-Davidson stock in a transaction on Friday, February 10th. The shares were 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 directly owns 5,523 shares of the company’s stock, valued at $ 314,148.24. The disclosure for this sale can be found here. Over the last three months, insiders have sold 103,960 shares of company stock valued at $ 5,912,378. 0.99% of the stock is currently owned by 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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