May 26, 2017 – By Michael Collier
Robert Bishop decreased its stake in Harley Davidson Inc (HOG) by 13.69% based on its latest 2016Q4 regulatory filing with the SEC. Impala Asset Management Llc sold 169,745 shares as the company’s stock declined 7.57% while stock markets rallied. The hedge fund run by Robert Bishop held 1.07M shares of the consumer non-durables company at the end of 2016Q4, valued at $ 62.44M, down from 1.24M at the end of the previous reported quarter. Impala Asset Management Llc who had been investing in Harley Davidson Inc for a number of months, seems to be less bullish one the $ 9.19 billion market cap company. The stock rose 1.20% or $ 0.62 reaching $ 52.48. About 1.01M shares traded. Harley-Davidson Inc (NYSE:HOG) has risen 20.11% since May 26, 2016 and is uptrending. It has outperformed by 3.41% the S&P500.
Cambridge Investment Research Advisors Inc increased its stake in Cummins (CMI) by 8.07% based on its latest 2016Q4 regulatory filing with the SEC. Cambridge Investment Research Advisors Inc bought 3,031 shares as the company’s stock rose 1.30% with the market. The institutional investor held 40,598 shares of the industrial machinery and components company at the end of 2016Q4, valued at $ 5.55 million, up from 37,567 at the end of the previous reported quarter. Cambridge Investment Research Advisors Inc who had been investing in Cummins for a number of months, seems to be bullish on the $ 26.39B market cap company. The stock rose 0.31% or $ 0.49 reaching $ 156.3 per share. About 385,358 shares traded. Cummins Inc. (NYSE:CMI) has risen 43.32% since May 26, 2016 and is uptrending. It has outperformed by 26.62% the S&P500.
Investors sentiment decreased to 1.06 in 2016 Q4. Its down 0.01, from 1.07 in 2016Q3. It dropped, as 44 investors sold CMI shares while 270 reduced holdings. 92 funds opened positions while 242 raised stakes. 129.92 million shares or 0.10% less from 130.04 million shares in 2016Q3 were reported. Missouri-based Acropolis Invest Mngmt Limited Co has invested 0.23% in Cummins Inc. (NYSE:CMI). 13,739 were reported by Peapack Gladstone. 1.20 million are held by Fmr Ltd Liability Corp. Royal Natl Bank Of Canada has invested 0.04% in Cummins Inc. (NYSE:CMI). Comerica Financial Bank holds 50,959 shares or 0.06% of its portfolio. Pinnacle Associates reported 1.24% stake. Voloridge Inv Limited Liability Company invested 0.04% of its portfolio in Cummins Inc. (NYSE:CMI). Cubist Systematic Strategies Limited holds 0.11% of its portfolio in Cummins Inc. (NYSE:CMI) for 10,318 shares. Focused Wealth Mngmt holds 0.01% or 200 shares in its portfolio. 2,500 are owned by Intact Invest Mngmt. Old Mutual Customised Solutions (Proprietary) Ltd has 0.16% invested in Cummins Inc. (NYSE:CMI) for 6,200 shares. Deutsche Retail Bank Ag accumulated 889,980 shares. Whittier Tru holds 892 shares. Neuberger Berman Gp Limited Co has 22,087 shares for 0% of their portfolio. M&R Mngmt Inc reported 0.02% in Cummins Inc. (NYSE:CMI).
Since November 23, 2016, it had 0 buys, and 7 selling transactions for $ 6.86 million activity. 1,300 shares were sold by HERMAN ALEXIS M, worth $ 206,911 on Wednesday, May 10. HERDMAN ROBERT also sold $ 137,773 worth of Cummins Inc. (NYSE:CMI) shares. HUNT MARSHA L sold 400 shares worth $ 56,370. 3,607 Cummins Inc. (NYSE:CMI) shares with value of $ 497,873 were sold by Satterthwaite Tony. On Tuesday, May 2 the insider LINEBARGER NORMAN THOMAS sold $ 3.91 million.
Cambridge Investment Research Advisors Inc, which manages about $ 19.96B and $ 5.34 billion US Long portfolio, decreased its stake in Altria Group (NYSE:MO) by 9,657 shares to 401,708 shares, valued at $ 27.16M in 2016Q4, according to the filing. It also reduced its holding in Electronics For Imaging (NASDAQ:EFII) by 13,846 shares in the quarter, leaving it with 27,694 shares, and cut its stake in First (FTA).
Among 23 analysts covering Cummins (NYSE:CMI), 5 have Buy rating, 3 Sell and 15 Hold. Therefore 22% are positive. Cummins had 57 analyst reports since July 22, 2015 according to SRatingsIntel. As per Thursday, September 1, the company rating was maintained by Jefferies. The firm has “Neutral” rating by Bank of America given on Monday, April 18. The firm has “Neutral” rating by Citigroup given on Monday, January 25. Deutsche Bank initiated Cummins Inc. (NYSE:CMI) rating on Wednesday, September 7. Deutsche Bank has “Sell” rating and $ 111 target. The rating was maintained by Citigroup with “Neutral” on Friday, May 13. On Wednesday, November 11 the stock rating was maintained by Deutsche Bank with “Hold”. Standpoint Research upgraded the stock to “Buy” rating in Friday, August 21 report. The rating was maintained by Argus Research with “Buy” on Wednesday, October 28. The stock has “Sell” rating by Deutsche Bank on Wednesday, October 12. On Wednesday, October 28 the stock rating was downgraded by Robert W. Baird to “Neutral”.
More notable recent Cummins Inc. (NYSE:CMI) news were published by: Prnewswire.com</a> which released: “TM4 INC. and CUMMINS INC. announce a joint effort to develop a plug-in hybrid …” on May 11, 2017, also Businesswire.com</a> with their article: “Cummins, Inc. Officially Recommends Power Service® Diesel Kleen +Cetane and …” published on May 10, 2017, Prnewswire.com</a> published: “TM4 INC. y CUMMINS INC. anuncian una colaboraciÃ³n conjunta para desarrollar …” on May 11, 2017. More interesting news about Cummins Inc. (NYSE:CMI) were released by: Seekingalpha.com</a> and their article: “Cummins: Short Play” published on May 16, 2017 as well as Investorplace.com</a>‘s news article titled: “Trade of the Day: Cummins Inc. (CMI) Stock Rising on Infrastructure Plans” with publication date: May 26, 2017.
Since November 14, 2016, it had 0 insider purchases, and 5 selling transactions for $ 6.19 million activity. $ 172,464 worth of Harley-Davidson Inc (NYSE:HOG) shares were sold by Kumbier Michelle. Rocker Tchernavia had sold 1,377 shares worth $ 78,696. JAMES DONALD A had sold 100,000 shares worth $ 5.69M on Friday, February 10. 3,394 Harley-Davidson Inc (NYSE:HOG) shares with value of $ 195,134 were sold by Jones Paul J. Another trade for 28,271 shares valued at $ 1.70M was sold by HUND LAWRENCE G.
Impala Asset Management Llc, which manages about $ 2.53B and $ 1.89B US Long portfolio, upped its stake in Delta Air Lines Inc Del (NYSE:DAL) by 294,148 shares to 473,867 shares, valued at $ 23.31M in 2016Q4, according to the filing. It also increased its holding in Trinseo S A (NYSE:TSE) by 366,538 shares in the quarter, for a total of 828,353 shares, and has risen its stake in Hess Corp (NYSE:HES).
More important recent Harley-Davidson Inc (NYSE:HOG) news were published by: Seekingalpha.com</a> which released: “Harley-Davidson Needs To Rev Its Growth Engine” on May 18, 2017, also Reuters.com</a> published article titled: “Harley-Davidson plans a Thailand factory to serve SE Asian market”, Prnewswire.com</a> published: “Harley-Davidson, Inc. Announces Dividend” on April 29, 2017. More interesting news about Harley-Davidson Inc (NYSE:HOG) was released by: Nasdaq.com</a> and their article: “Harley-Davidson, Inc. (HOG) Ex-Dividend Date Scheduled for May 23, 2017” with publication date: May 22, 2017.
Among 22 analysts covering Harley-Davidson (NYSE:HOG), 4 have Buy rating, 0 Sell and 18 Hold. Therefore 18% are positive. Harley-Davidson had 59 analyst reports since July 22, 2015 according to SRatingsIntel. RBC Capital Markets maintained Harley-Davidson Inc (NYSE:HOG) on Friday, January 29 with “Sector Perform” rating. On Friday, March 11 the stock rating was initiated by Sterne Agee CRT with “Neutral”. On Monday, August 29 the stock rating was maintained by Citigroup with “Buy”. The rating was maintained by Wedbush on Monday, April 3 with “Neutral”. The stock of Harley-Davidson Inc (NYSE:HOG) has “Underperform” rating given on Monday, August 29 by Longbow. The firm earned “Buy” rating on Friday, April 21 by Tigress Financial. The rating was upgraded by DA Davidson to “Market Perform” on Thursday, April 13. The company was maintained on Friday, April 7 by Jefferies. The stock of Harley-Davidson Inc (NYSE:HOG) earned “Buy” rating by Stifel Nicolaus on Wednesday, October 21. Jefferies initiated Harley-Davidson Inc (NYSE:HOG) rating on Friday, September 30. Jefferies has “Hold” rating and $ 49 target.
Analysts await Harley-Davidson Inc (NYSE:HOG) to report earnings on July, 27. They expect $ 1.39 earnings per share, down 10.32% or $ 0.16 from last year’s $ 1.55 per share. HOG’s profit will be $ 243.41 million for 9.44 P/E if the $ 1.39 EPS becomes a reality. After $ 1.05 actual earnings per share reported by Harley-Davidson Inc for the previous quarter, Wall Street now forecasts 32.38% EPS growth.
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