Harley-Davidson, Inc. (NYSE:HOG) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC reduced its stake in Harley-Davidson, Inc. (NYSE:HOG) by 5.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 43,447 shares of the company’s stock after selling 2,648 shares during the quarter. Yousif Capital Management LLC’s holdings in Harley-Davidson were worth $1,309,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Pacer Advisors Inc. lifted its stake in Harley-Davidson by 22,680.0% during the 3rd quarter. Pacer Advisors Inc. now owns 4,182,864 shares of the company’s stock worth $161,166,000 after acquiring an additional 4,164,502 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its stake in Harley-Davidson by 559.4% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 394,680 shares of the company’s stock worth $15,207,000 after acquiring an additional 334,830 shares during the last quarter. Barclays PLC increased its position in shares of Harley-Davidson by 135.7% in the 3rd quarter. Barclays PLC now owns 282,932 shares of the company’s stock valued at $10,900,000 after purchasing an additional 162,899 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Harley-Davidson by 38.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 533,490 shares of the company’s stock valued at $20,555,000 after purchasing an additional 148,537 shares in the last quarter. Finally, Algert Global LLC lifted its position in shares of Harley-Davidson by 72.6% during the 3rd quarter. Algert Global LLC now owns 327,286 shares of the company’s stock worth $12,610,000 after purchasing an additional 137,644 shares during the last quarter. Hedge funds and other institutional investors own 85.10% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Bank of America cut their price objective on shares of Harley-Davidson from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Thursday, January 30th. Citigroup cut their target price on Harley-Davidson from $31.00 to $29.00 and set a “neutral” rating on the stock in a research report on Thursday, February 6th. Morgan Stanley decreased their price objective on Harley-Davidson from $33.00 to $31.00 and set an “equal weight” rating for the company in a report on Thursday, February 6th. UBS Group cut their target price on shares of Harley-Davidson from $40.00 to $35.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th. Finally, DA Davidson dropped their target price on Harley-Davidson from $39.00 to $31.00 and set a “buy” rating on the stock in a report on Tuesday, February 4th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $34.57.

Harley-Davidson Price Performance

HOG stock opened at $25.87 on Friday. The firm has a 50 day moving average of $29.30 and a 200-day moving average of $33.27. The company has a market cap of $3.29 billion, a price-to-earnings ratio of 7.77, a PEG ratio of 0.36 and a beta of 1.46. The company has a current ratio of 1.40, a quick ratio of 1.25 and a debt-to-equity ratio of 1.41. Harley-Davidson, Inc. has a 12-month low of $25.25 and a 12-month high of $44.16.

Harley-Davidson (NYSE:HOG) last released its quarterly earnings data on Wednesday, February 5th. The company reported ($0.93) EPS for the quarter, missing the consensus estimate of ($0.65) by ($0.28). Harley-Davidson had a return on equity of 13.64% and a net margin of 9.25%. During the same quarter in the previous year, the business earned $0.18 earnings per share. As a group, equities analysts expect that Harley-Davidson, Inc. will post 3.65 EPS for the current fiscal year.

Harley-Davidson Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Tuesday, December 10th were given a dividend of $0.1725 per share. This represents a $0.69 annualized dividend and a yield of 2.67%. The ex-dividend date was Tuesday, December 10th. Harley-Davidson’s payout ratio is 20.72%.

About Harley-Davidson

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.