Sheaff Brock Investment Advisors LLC continued to hold its position in shares of Harley-Davidson Inc (NYSE:HOG) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,889 shares of the company’s stock at the end of the first quarter. Sheaff Brock Investment Advisors LLC’s holdings in Harley-Davidson were worth $ 356,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently modified their holdings of the company. NN Investment Partners Holdings N.V. raised its position in shares of Harley-Davidson by 155.5% in the fourth quarter. NN Investment Partners Holdings N.V. now owns 3,045 shares of the company’s stock valued at $ 178,000 after buying an additional 1,853 shares in the last quarter. Stokes & Hubbell Capital Management LLC bought a new position in shares of Harley-Davidson during the first quarter valued at about $ 201,000. Cpcm LLC bought a new position in shares of Harley-Davidson during the fourth quarter valued at about $ 203,000. Putnam Investments LLC bought a new position in shares of Harley-Davidson during the fourth quarter valued at about $ 204,000. Finally, KLCM Advisors Inc. bought a new position in shares of Harley-Davidson during the third quarter valued at about $ 210,000. 89.54% of the stock is currently owned by institutional investors and hedge funds.
Shares of Harley-Davidson Inc (NYSE:HOG) traded up 1.08% during mid-day trading on Tuesday, hitting $ 56.14. 1,384,101 shares of the stock traded hands. The company’s 50-day moving average price is $ 59.21 and its 200 day moving average price is $ 58.49. Harley-Davidson Inc has a 1-year low of $ 41.63 and a 1-year high of $ 63.40. The company has a market capitalization of $ 9.88 billion, a PE ratio of 16.01 and a beta of 0.88.
Harley-Davidson (NYSE:HOG) last issued its earnings results on Tuesday, April 18th. The company reported $ 1.05 earnings per share for the quarter, topping the Zacks’ consensus estimate of $ 1.02 by $ 0.03. Harley-Davidson had a return on equity of 35.38% and a net margin of 13.13%. The business had revenue of $ 1.33 billion during the quarter, compared to analyst estimates of $ 1.35 billion. During the same quarter in the previous year, the firm earned $ 1.36 EPS. Harley-Davidson’s revenue was down 15.7% on a year-over-year basis. Equities research analysts forecast that Harley-Davidson Inc will post $ 3.76 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 9th. Shareholders of record on Thursday, May 25th will be given a $ 0.365 dividend. This represents a $ 1.46 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date is Tuesday, May 23rd. Harley-Davidson’s dividend payout ratio (DPR) is 38.22%.
Several research analysts recently issued reports on HOG shares. Tigress Financial reissued a “buy” rating on shares of Harley-Davidson in a research note on Friday, March 17th. Citigroup Inc cut 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 note on Monday, March 6th. Barclays PLC reissued an “equal weight” rating and set a $ 52.00 target price (down from $ 53.00) on shares of Harley-Davidson in a research note on Friday, April 21st. Argus reissued a “hold” rating on shares of Harley-Davidson in a research note on Friday, February 3rd. Finally, 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 note on Wednesday, February 1st. One analyst has rated the stock with a sell rating, eighteen have assigned a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $ 56.12.
In other Harley-Davidson news, Director Donald A. James sold 100,000 shares of the business’s 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 completion of the transaction, the director now owns 5,523 shares of the company’s stock, valued at approximately $ 314,148.24. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.99% of the stock is currently owned by insiders.
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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