River & Mercantile Asset Management LLP Purchases Shares of 50700 Harley-Davidson Inc (HOG)

River & Mercantile Asset Management LLP purchased a new position in Harley-Davidson Inc (NYSE:HOG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 50,700 shares of the company’s stock, valued at approximately $ 2,958,000.

Several other hedge funds also recently added to or reduced their stakes in HOG. Stratos Wealth Partners LTD. boosted its position in shares of Harley-Davidson by 1.7% in the third quarter. Stratos Wealth Partners LTD. now owns 39,132 shares of the company’s stock valued at $ 2,058,000 after buying an additional 665 shares in the last quarter. Schroder Investment Management Group boosted its position in shares of Harley-Davidson by 489.7% in the third quarter. Schroder Investment Management Group now owns 1,338,814 shares of the company’s stock valued at $ 70,408,000 after buying an additional 1,111,788 shares in the last quarter. Westpac Banking Corp boosted its position in shares of Harley-Davidson by 15.9% in the third quarter. Westpac Banking Corp now owns 137,443 shares of the company’s stock valued at $ 7,228,000 after buying an additional 18,840 shares in the last quarter. Boston Partners boosted its position in shares of Harley-Davidson by 9.3% in the third quarter. Boston Partners now owns 1,751,244 shares of the company’s stock valued at $ 92,098,000 after buying an additional 148,366 shares in the last quarter. Finally, FMR LLC boosted its position 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 in the last quarter. Institutional investors own 89.54% of the company’s stock.

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

Shares of Harley-Davidson Inc (NYSE:HOG) traded down 0.88% during mid-day trading on Wednesday, hitting $ 56.41. 3,760,442 shares of the stock were exchanged. Harley-Davidson Inc has a 12-month low of $ 41.63 and a 12-month high of $ 63.40. The firm has a 50-day moving average price of $ 60.15 and a 200 day moving average price of $ 58.07. The company has a market capitalization of $ 9.85 billion, a PE ratio of 14.73 and a beta of 0.88. Harley-Davidson also was the recipient of some unusual options trading on Monday. Stock investors bought 4,888 put options on the company. This is an increase of approximately 482% compared to the typical daily volume of 840 put options.

Harley-Davidson (NYSE:HOG) last issued its quarterly earnings results on Tuesday, April 18th. The company reported $ 1.05 EPS for the quarter, beating analysts’ consensus estimates of $ 1.02 by $ 0.03. Harley-Davidson had a return on equity of 35.38% and a net margin of 13.13%. The firm had revenue of $ 1.33 billion for the quarter, compared to analysts’ expectations of $ 1.35 billion. During the same quarter in the prior year, the firm earned $ 1.36 EPS. The business’s revenue for the quarter was down 15.7% compared to the same quarter last year. On average, equities research analysts expect that Harley-Davidson Inc will post $ 3.85 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “River & Mercantile Asset Management LLP Purchases Shares of 50,700 Harley-Davidson Inc (HOG)” was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of United States and international copyright & trademark legislation. The original version of this news story can be viewed at https://www.thecerbatgem.com/2017/04/19/river-mercantile-asset-management-llp-buys-shares-of-50700-harley-davidson-inc-hog-updated-updated.html.

HOG has been the topic of several recent research reports. Tigress Financial reaffirmed a “buy” rating on shares of Harley-Davidson in a research note on Friday, March 17th. Citigroup Inc dropped their target price on shares of Harley-Davidson from $ 73.00 to $ 68.00 and set a “buy” rating on the stock in a research report on Monday, March 6th. Argus reissued a “hold” rating on shares of Harley-Davidson in a research report on Friday, February 3rd. Royal Bank of Canada set a $ 58.00 target price on shares of Harley-Davidson and gave the stock a “hold” rating in a research report on Wednesday, February 1st. Finally, Wedbush reissued a “hold” rating and issued a $ 53.00 target price (up from $ 48.00) on shares of Harley-Davidson in a research report on Friday, January 13th. Two analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $ 56.12.

In related news, VP Joanne M. Bischmann sold 911 shares of the stock in a transaction dated Tuesday, February 7th. The stock was sold at an average price of $ 57.00, for a total transaction of $ 51,927.00. Following the sale, the vice president now owns 2,195 shares of the company’s stock, valued at approximately $ 125,115. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Donald A. James sold 100,000 shares of the stock in a transaction dated 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 sale, 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 a total of 103,960 shares of company stock worth $ 5,912,378 in the last three months. 0.99% of the stock is currently owned by insiders.

About Harley-Davidson

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

Receive News & Stock Ratings for Harley-Davidson Inc Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Harley-Davidson Inc and related stocks with our FREE daily email newsletter.

Let’s block ads! (Why?)

Google Alert – harley davidson news

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.

Leave a Reply

Your email address will not be published. Required fields are marked *