Harley-Davidson shares slump on weak outlook

harley davidson hog logo
harley davidson hog logo

Finally, Profund Advisors LLC boosted its holdings in shares of Harley-Davidson by 29.5% during the 2nd quarter. Homestreet Inc now has $ 813.49M valuation. The stock decreased 6.21% or $ 0.55 during the last trading session, reaching $ 8.3.

Revenues in the Financial Services segment rose 2.4% to $ 182 million in fourth-quarter 2017.

Harley’s foreign competitors have benefited from a strong US dollar, as their overseas operations have made it more profitable to sell bikes in the U.S.at lower prices. Earnings in the year-ago quarter were 27 cents. Harley-Davidson Inc has a 12-month low of $ 44.52 and a 12-month high of $ 63.40.

The stock increased or $ 0 during the last trading session, hitting $ . The firm’s price-to-sales ratio was noted 1.68 in contrast with an overall industry average of 1.80. Harley-Davidson, Inc. (NYSE:HOG) has risen 20.11% since January 30, 2017 and is uptrending. It has outperformed by 3.41% the S&P500. For the Current month, 1 analysts have assigned this stock as Buy where 2 assigned Outperform, 9 analysts believe it’s a Hold, 2 said Underperform and only 0 assigned Sell rating. Therefore 100% are positive. The firm has “Buy” rating by SunTrust given on Monday, October 23. The rating was maintained by BMO Capital Markets with “Buy” on Friday, October 13. On Friday, January 29 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. As per Wednesday, April 5, the company rating was maintained by RBC Capital Markets. The stock of HomeStreet, Inc. Deutsche Bank maintained it with “Hold” rating and $ 48 target in Wednesday, October 21 report.

Daimler has an expected long-term growth rate of 7.1%. FBR Capital maintained HomeStreet, Inc. The firm has “Equalweight” rating by Barclays Capital given on Tuesday, July 19.

Investors sentiment decreased to 1.09 in 2017 Q3. Its down 0.16, from 0.91 in 2017Q2. Whittier reported 1,234 shares. Cambridge Invest Advsr Incorporated holds 0.01% or 12,250 shares in its portfolio. (NASDAQ:MITK) for 40,000 shares. Wealthtrust reported 0% stake. State Treasurer State Of Michigan, a Michigan-based fund reported 51,777 shares.

The company now has an insider ownership of 0.1 Percent and Institutional ownership of 0 Percent. Alesco Advsrs Llc accumulated 15,505 shares. Bnp Paribas Arbitrage Sa reported 13,515 shares. Group Inc Inc stated it has 19,408 shares or 0% of all its holdings. It also reduced its holding in Comcast Corp New (NASDAQ:CMCSA) by 1.61 million shares in the quarter, leaving it with 1.74 million shares, and cut its stake in Liberty Global Plc (NASDAQ:LBTYK). Steward Partners Investment Advisory LLC bought a new stake in shares of Harley-Davidson during the 3rd quarter valued at $ 166,000. Ball Corp (NYSE:BLL) was raised too.

“The decision to consolidate our final assembly plants was made after very careful consideration of our manufacturing footprint and the appropriate capacity given the current business environment”, said Matt Levatich, president and chief executive officer of Harley-Davidson. Company trades at a P/E ratio of 17.12, and is less expensive than the average stock in the Recreational Vehicles industry. The Company operates in two segments: the Motorcycles & Related Products (Motorcycles) and the Financial Services. It has a 16.05 P/E ratio. The company has fulfilled dreams of personal freedom with custom, cruiser and touring motorcycles, riding experiences and events and a complete line of Harley-Davidson motorcycle parts, accessories, general merchandise, riding gear and apparel.

Since August 1, 2017, it had 0 insider buys, and 12 sales for $ 9.56 million activity. Longbow downgraded Harley-Davidson, Inc. (NYSE:HOG) for 55,800 shares. Its down 0.16, from 0.91 in 2017Q2.

Norinchukin Bank The decreased its stake in Harley Davidson Inc (HOG) by 68.18% based on its latest 2017Q3 regulatory filing with the SEC. 39 funds opened positions while 89 raised stakes. A total of 4.92 Million shares exchanged at hands and its Average Volume is 2.22 Million.

Over the past three months, Harley-Davidson, Inc. insiders have been net buyers, dumping a net of -10,519 shares.

Harley-Davidson Inc (NYSE:HOG) traded up $ 0.21 during trading on Monday, reaching $ 55.36. (NYSE:HOG) or 25,854 shares. Moreover, Riverhead Ltd Liability Com has 0.05% invested in Harley-Davidson, Inc.

Harley-Davidson, Inc. (NYSE:REVG) scores higher than REV Group, Inc. (NYSE:HOG) for 53,803 shares. Proshare Advsr Limited Liability Company has 0% invested in Lennox International Inc. Sandy Spring Natl Bank owns 961 shares. It is negative, as 112 investors sold GE shares while 818 reduced holdings. Nomura Asset Mgmt holds 0.02% or 25,591 shares. (NYSE:HOG) for 22,487 shares. Salem Investment Counselors Inc has 0.01% invested in Harley-Davidson, Inc. (NYSE:HOG) for 82,000 shares. Ameriprise reported 0% of its portfolio in Harley-Davidson, Inc. The firm is having analyst recommendation of 2.70 on scale of 1 to 5. Therefore 25% are positive.

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About Craig Ballantyne 24828 Articles
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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