Stokes & Hubbell Capital Management LLC Takes Position in Harley-Davidson Inc (HOG)

Stokes & Hubbell Capital Management LLC purchased a new position in shares of Harley-Davidson Inc (NYSE:HOG) during the first quarter, Holdings Channel reports. The firm purchased 3,325 shares of the company’s stock, valued at approximately $ 201,000.

Other institutional investors also recently made changes to their positions in the company. Gulf International Bank UK Ltd raised its position in Harley-Davidson by 1.4% in the first quarter. Gulf International Bank UK Ltd now owns 56,619 shares of the company’s stock valued at $ 3,425,000 after buying an additional 800 shares during the last quarter. Contravisory Investment Management Inc. acquired a new position in Harley-Davidson during the first quarter valued at $ 255,000. Fulton Bank N.A. raised its position in Harley-Davidson by 0.4% in the first quarter. Fulton Bank N.A. now owns 9,272 shares of the company’s stock valued at $ 561,000 after buying an additional 38 shares during the last quarter. Manning & Napier Advisors LLC raised its position in Harley-Davidson by 14.0% in the first quarter. Manning & Napier Advisors LLC now owns 32,778 shares of the company’s stock valued at $ 1,982,000 after buying an additional 4,014 shares during the last quarter. Finally, Chevy Chase Trust Holdings Inc. raised its position in Harley-Davidson by 2.9% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 152,097 shares of the company’s stock valued at $ 9,202,000 after buying an additional 4,305 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 2.18% during midday trading on Thursday, hitting $ 59.72. 3,130,776 shares of the stock traded hands. The company has a 50-day moving average of $ 59.94 and a 200-day moving average of $ 57.87. The stock has a market cap of $ 10.43 billion, a PE ratio of 15.59 and a beta of 0.88. Harley-Davidson Inc has a 1-year low of $ 41.63 and a 1-year high of $ 63.40.

Harley-Davidson (NYSE:HOG) last posted its earnings results on Tuesday, January 31st. The company reported $ 0.27 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $ 0.31 by $ 0.04. The business earned $ 1.11 billion during the quarter, compared to the consensus estimate 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 was down 7.4% on a year-over-year basis. During the same period in the prior year, the firm earned $ 0.22 earnings per share. On average, equities analysts expect that Harley-Davidson Inc will post $ 3.85 EPS for the current fiscal year.

WARNING: “Stokes & Hubbell Capital Management LLC Takes Position in Harley-Davidson Inc (HOG)” was reported by BBNS and is the sole property of of BBNS. If you are reading this article on another publication, it was illegally stolen and republished in violation of US & international trademark and copyright law. The correct version of this article can be viewed at https://baseballnewssource.com/markets/stokes-hubbell-capital-management-llc-takes-position-in-harley-davidson-inc-hog/600242.html.

Several equities analysts recently weighed in on HOG shares. Goldman Sachs Group Inc restated a “neutral” rating and set a $ 57.00 target price on shares of Harley-Davidson in a report on Monday, December 19th. Zacks Investment Research lowered shares of Harley-Davidson from a “hold” rating to a “sell” rating in a report on Wednesday, December 21st. Wedbush restated a “hold” rating and set a $ 53.00 target price (up previously from $ 48.00) on shares of Harley-Davidson in a report on Friday, January 13th. Royal Bank of Canada reduced their target price on shares of Harley-Davidson from $ 66.00 to $ 58.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 1st. Finally, 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 report on Wednesday, February 1st. Two analysts have rated the stock with a sell rating, seventeen have given a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $ 55.65.

In other Harley-Davidson news, Director Donald A. James sold 100,000 shares of the business’s stock in a transaction that occurred 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 sale, the director now directly owns 5,523 shares of the company’s stock, valued at $ 314,148.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Michelle Kumbier sold 3,049 shares of the business’s stock in a transaction that occurred on Monday, February 6th. The stock was sold at an average price of $ 56.56, for a total transaction of $ 172,451.44. The disclosure for this sale can be found here. Insiders sold 103,960 shares of company stock valued at $ 5,912,378 over the last three months. Insiders own 0.99% of the company’s stock.

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

Want to see what other hedge funds are holding HOG?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Harley-Davidson Inc (NYSE:HOG).

Receive News & 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 companies 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 *