LS Investment Advisors LLC Purchases 1568 Shares of Harley-Davidson Inc (HOG)

LS Investment Advisors LLC boosted its position in Harley-Davidson Inc (NYSE:HOG) by 8.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,571 shares of the company’s stock after buying an additional 1,568 shares during the period. LS Investment Advisors LLC’s holdings in Harley-Davidson were worth $ 1,245,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in Harley-Davidson by 19.5% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 36,290 shares of the company’s stock worth $ 1,908,000 after buying an additional 5,927 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its stake in Harley-Davidson by 0.6% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 558,798 shares of the company’s stock worth $ 29,387,000 after buying an additional 3,117 shares during the last quarter. World Asset Management Inc increased its stake in Harley-Davidson by 0.7% in the third quarter. World Asset Management Inc now owns 18,693 shares of the company’s stock worth $ 983,000 after buying an additional 121 shares during the last quarter. Manning & Napier Advisors LLC increased its stake in Harley-Davidson by 1.7% in the third quarter. Manning & Napier Advisors LLC now owns 28,946 shares of the company’s stock worth $ 1,521,000 after buying an additional 472 shares during the last quarter. Finally, State of Wisconsin Investment Board increased its stake in Harley-Davidson by 7.2% in the third quarter. State of Wisconsin Investment Board now owns 519,268 shares of the company’s stock worth $ 27,308,000 after buying an additional 35,100 shares during the last quarter. Institutional investors own 89.54% of the company’s stock.

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

Harley-Davidson Inc (NYSE:HOG) traded down 0.59% on Friday, reaching $ 55.21. The company’s stock had a trading volume of 987,637 shares. Harley-Davidson Inc has a 52-week low of $ 41.63 and a 52-week high of $ 63.40. The stock has a market cap of $ 9.72 billion, a price-to-earnings ratio of 15.74 and a beta of 0.88. The firm’s 50-day moving average price is $ 58.65 and its 200-day moving average price is $ 58.60.

Harley-Davidson (NYSE:HOG) last issued its earnings results on Tuesday, April 18th. The company reported $ 1.05 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $ 1.02 by $ 0.03. The company had revenue of $ 1.33 billion during the quarter, compared to the consensus estimate of $ 1.35 billion. Harley-Davidson had a return on equity of 35.38% and a net margin of 13.13%. The firm’s revenue for the quarter was down 15.7% compared to the same quarter last year. During the same period last year, the business posted $ 1.36 EPS. On average, equities analysts expect that Harley-Davidson Inc will post $ 3.76 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 9th. Stockholders of record on Thursday, May 25th will be paid a $ 0.365 dividend. The ex-dividend date of this dividend is Tuesday, May 23rd. This represents a $ 1.46 annualized dividend and a dividend yield of 2.64%. Harley-Davidson’s dividend payout ratio is presently 38.22%.

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HOG has been the subject of a number of recent research reports. Wedbush restated a “hold” rating and set a $ 53.00 target price (up previously from $ 48.00) on shares of Harley-Davidson in a research report on Friday, January 13th. Royal Bank of Canada dropped their target price on Harley-Davidson from $ 66.00 to $ 58.00 and set a “sector perform” rating for the company in a research report on Wednesday, February 1st. Goldman Sachs Group Inc restated a “neutral” rating and set a $ 55.00 target price (down previously from $ 57.00) on shares of Harley-Davidson in a research report on Wednesday, February 1st. Barclays PLC restated an “underweight” rating and set a $ 53.00 target price (up previously from $ 45.00) on shares of Harley-Davidson in a research report on Wednesday, February 1st. Finally, Morgan Stanley restated an “overweight” rating and set a $ 59.00 target price (down previously from $ 61.00) on shares of Harley-Davidson in a research report on Wednesday, February 1st. 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. Harley-Davidson has a consensus rating of “Hold” and a consensus target price of $ 56.12.

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.

5 Day Chart for NYSE:HOG

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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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