Harley-Davidson Inc (NYSE:HOG) has been assigned a consensus recommendation of “Hold” from the twenty-three analysts that are covering the company. Two research analysts have rated the stock with a sell recommendation, fifteen have given a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $ 56.00.
Several brokerages recently commented on HOG. Jefferies Group LLC reissued a “hold” rating and issued a $ 49.00 price target on shares of Harley-Davidson in a report on Thursday. Royal Bank of Canada boosted their price target on shares of Harley-Davidson from $ 58.00 to $ 60.00 and gave the stock a “sector perform” rating in a report on Wednesday. Wedbush boosted their price target on shares of Harley-Davidson from $ 53.00 to $ 55.00 and gave the stock a “neutral” rating in a report on Monday. Tigress Financial reissued a “buy” rating on shares of Harley-Davidson in a report on Friday, March 17th. Finally, Longbow Research raised shares of Harley-Davidson from an “underperform” rating to a “neutral” rating in a report on Wednesday, March 15th.
In other news, SVP Michelle Kumbier sold 3,049 shares of the business’s stock in a transaction dated Monday, February 6th. The shares were sold at an average price of $ 56.56, for a total transaction of $ 172,451.44. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Joanne M. Bischmann sold 911 shares of the business’s stock in a transaction dated Tuesday, February 7th. The shares were sold at an average price of $ 57.00, for a total transaction of $ 51,927.00. Following the transaction, the vice president now directly owns 2,195 shares in the company, valued at approximately $ 125,115. The disclosure for this sale can be found here. In the last three months, insiders have sold 103,960 shares of company stock worth $ 5,912,378. Corporate insiders own 0.99% of the company’s stock.
Several hedge funds and other institutional investors have recently made changes to their positions in HOG. Dodge & Cox purchased a new position in shares of Harley-Davidson during the fourth quarter valued at $ 517,798,000. Norges Bank purchased a new position in shares of Harley-Davidson during the fourth quarter valued at $ 115,866,000. 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 during the last quarter. 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 during the last quarter. Finally, Renaissance Technologies LLC boosted its position 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. 89.54% of the stock is currently owned by hedge funds and other institutional investors.
Harley-Davidson (NYSE:HOG) traded up 0.12% on Tuesday, reaching $ 60.91. 1,546,557 shares of the company traded hands. The stock has a market capitalization of $ 10.63 billion, a price-to-earnings ratio of 15.90 and a beta of 0.88. The stock has a 50 day moving average of $ 59.50 and a 200-day moving average of $ 57.55. Harley-Davidson has a 1-year low of $ 41.63 and a 1-year high of $ 63.40.
Harley-Davidson (NYSE:HOG) last issued its quarterly earnings results on Tuesday, January 31st. The company reported $ 0.27 EPS for the quarter, missing the consensus estimate of $ 0.31 by $ 0.04. The company earned $ 1.11 billion during the quarter, compared to analysts’ expectations of $ 972.47 million. Harley-Davidson had a return on equity of 35.38% and a net margin of 13.13%. Harley-Davidson’s revenue was down 7.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $ 0.22 EPS. On average, equities analysts anticipate that Harley-Davidson will post $ 3.85 EPS for the current year.
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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