Empowered Funds LLC Has $571,000 Stock Holdings in Harley-Davidson, Inc. (NYSE:HOG)

Empowered Funds LLC lifted its holdings in shares of Harley-Davidson, Inc. (NYSE:HOG) by 21.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,828 shares of the company’s stock after purchasing an additional 2,657 shares during the quarter. Empowered Funds LLC’s holdings in Harley-Davidson were worth $571,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Ashton Thomas Securities LLC acquired a new position in Harley-Davidson during the third quarter worth $38,000. Signaturefd LLC raised its stake in shares of Harley-Davidson by 46.8% in the 2nd quarter. Signaturefd LLC now owns 1,872 shares of the company’s stock valued at $63,000 after acquiring an additional 597 shares in the last quarter. Fifth Third Bancorp lifted its holdings in Harley-Davidson by 19.5% in the 2nd quarter. Fifth Third Bancorp now owns 1,970 shares of the company’s stock worth $66,000 after purchasing an additional 322 shares during the last quarter. GAMMA Investing LLC boosted its position in Harley-Davidson by 19.0% during the second quarter. GAMMA Investing LLC now owns 2,008 shares of the company’s stock worth $67,000 after purchasing an additional 320 shares during the period. Finally, DekaBank Deutsche Girozentrale grew its holdings in Harley-Davidson by 191.3% during the second quarter. DekaBank Deutsche Girozentrale now owns 3,999 shares of the company’s stock valued at $133,000 after purchasing an additional 2,626 shares during the last quarter. Institutional investors own 85.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on HOG. UBS Group reduced their price objective on shares of Harley-Davidson from $40.00 to $35.00 and set a “neutral” rating for the company in a research note on Thursday, November 7th. StockNews.com lowered Harley-Davidson from a “hold” rating to a “sell” rating in a research note on Tuesday, November 19th. Citigroup decreased their target price on Harley-Davidson from $39.00 to $34.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Baird R W downgraded Harley-Davidson from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, Bank of America reduced their price objective on Harley-Davidson from $50.00 to $45.00 and set a “buy” rating for the company in a research report on Tuesday, October 15th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $42.57.

Insider Activity

In other news, Director Maryrose Sylvester sold 4,278 shares of the company’s stock in a transaction that occurred on Wednesday, October 30th. The shares were sold at an average price of $32.25, for a total transaction of $137,965.50. Following the transaction, the director now directly owns 17,687 shares in the company, valued at approximately $570,405.75. This represents a 19.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.87% of the stock is owned by corporate insiders.

Harley-Davidson Stock Performance

Shares of NYSE HOG opened at $33.55 on Monday. The firm has a market capitalization of $4.27 billion, a price-to-earnings ratio of 7.56, a PEG ratio of 0.44 and a beta of 1.46. The company has a current ratio of 1.41, a quick ratio of 1.25 and a debt-to-equity ratio of 1.38. The business has a fifty day simple moving average of $34.79 and a 200 day simple moving average of $35.08. Harley-Davidson, Inc. has a one year low of $29.67 and a one year high of $44.16.

Harley-Davidson Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 16th were paid a $0.1725 dividend. The ex-dividend date of this dividend was Monday, September 16th. This represents a $0.69 annualized dividend and a dividend yield of 2.06%. Harley-Davidson’s dividend payout ratio is currently 15.54%.

Harley-Davidson Company Profile

Harley-Davidson, Inc manufactures and sells motorcycles in the United States and internationally. The company operates in three segments: Harley-Davidson Motor Company, LiveWire, and Harley-Davidson Financial Services. The Harley-Davidson Motor Company segment designs, manufactures, and sells motorcycles, including cruiser, trike, touring, standard, sportbike, adventure, and dual sport, as well as motorcycle parts, accessories, and apparel, as well as licenses its trademarks and related services.