Thrivent Financial for Lutherans Sells 11,274 Shares of Harley-Davidson, Inc. (NYSE:HOG)

Thrivent Financial for Lutherans decreased its holdings in shares of Harley-Davidson, Inc. (NYSE:HOG) by 28.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,074 shares of the company’s stock after selling 11,274 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Harley-Davidson were worth $1,082,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. LSV Asset Management lifted its stake in shares of Harley-Davidson by 17.3% in the 2nd quarter. LSV Asset Management now owns 5,705,775 shares of the company’s stock valued at $191,372,000 after purchasing an additional 842,407 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Harley-Davidson by 19.0% during the 2nd quarter. GAMMA Investing LLC now owns 2,008 shares of the company’s stock worth $67,000 after acquiring an additional 320 shares during the last quarter. Cetera Investment Advisers increased its stake in Harley-Davidson by 70.6% in the first quarter. Cetera Investment Advisers now owns 72,828 shares of the company’s stock worth $3,185,000 after purchasing an additional 30,143 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Harley-Davidson by 12.8% in the second quarter. Dimensional Fund Advisors LP now owns 6,248,512 shares of the company’s stock worth $209,576,000 after purchasing an additional 708,260 shares during the last quarter. Finally, SG Americas Securities LLC lifted its holdings in Harley-Davidson by 77.0% during the 2nd quarter. SG Americas Securities LLC now owns 20,918 shares of the company’s stock valued at $702,000 after buying an additional 9,102 shares in the last quarter. Institutional investors own 85.10% of the company’s stock.

Insiders Place Their Bets

In related news, Director Maryrose Sylvester sold 4,278 shares of the firm’s stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $32.25, for a total value of $137,965.50. Following the transaction, the director now directly owns 17,687 shares of the company’s stock, valued at approximately $570,405.75. This trade represents a 19.48 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.87% of the stock is currently owned by company insiders.

Harley-Davidson Stock Down 0.3 %

Harley-Davidson stock opened at $33.63 on Monday. The company has a quick ratio of 1.25, a current ratio of 1.41 and a debt-to-equity ratio of 1.38. The firm has a market cap of $4.28 billion, a price-to-earnings ratio of 7.57, a price-to-earnings-growth ratio of 0.45 and a beta of 1.46. The business’s 50-day moving average price is $34.30 and its 200 day moving average price is $35.04. Harley-Davidson, Inc. has a 52 week low of $29.67 and a 52 week high of $44.16.

Harley-Davidson Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Tuesday, December 10th will be issued a $0.1725 dividend. The ex-dividend date is Tuesday, December 10th. This represents a $0.69 dividend on an annualized basis and a yield of 2.05%. Harley-Davidson’s payout ratio is 15.54%.

Analyst Ratings Changes

Several research firms recently weighed in on HOG. StockNews.com upgraded Harley-Davidson from a “sell” rating to a “hold” rating in a report on Wednesday, November 27th. 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. Bank of America decreased their price objective on Harley-Davidson from $50.00 to $45.00 and set a “buy” rating for the company in a report on Tuesday, October 15th. Baird R W downgraded shares of Harley-Davidson from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Finally, Robert W. Baird downgraded Harley-Davidson from an “outperform” rating to a “neutral” rating and cut their target price for the company from $44.00 to $40.00 in a research report on Wednesday, October 2nd. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $42.57.

Harley-Davidson 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.