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

Mutual of America Capital Management LLC lessened its stake in Harley-Davidson, Inc. (NYSE:HOG) by 5.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 60,535 shares of the company’s stock after selling 3,487 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Harley-Davidson were worth $1,824,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Venturi Wealth Management LLC lifted its holdings in shares of Harley-Davidson by 172.0% during the 4th quarter. Venturi Wealth Management LLC now owns 876 shares of the company’s stock valued at $26,000 after acquiring an additional 554 shares in the last quarter. Prospera Private Wealth LLC acquired a new position in shares of Harley-Davidson during the 3rd quarter valued at $35,000. Ashton Thomas Securities LLC purchased a new stake in Harley-Davidson during the 3rd quarter worth $38,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Harley-Davidson during the 4th quarter worth $42,000. Finally, Global Retirement Partners LLC increased its stake in Harley-Davidson by 84.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,850 shares of the company’s stock worth $56,000 after buying an additional 846 shares during the period. Institutional investors and hedge funds own 85.10% of the company’s stock.

Insider Buying and Selling

In other Harley-Davidson news, insider Luke Christopher Mansfield sold 3,400 shares of the stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $25.96, for a total value of $88,264.00. Following the completion of the sale, the insider now directly owns 23,555 shares of the company’s stock, valued at $611,487.80. This represents a 12.61 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.87% of the stock is owned by insiders.

Analyst Ratings Changes

HOG has been the subject of several research analyst reports. StockNews.com raised shares of Harley-Davidson from a “sell” rating to a “hold” rating in a research report on Wednesday, November 27th. UBS Group dropped their target price on shares of Harley-Davidson from $35.00 to $28.00 and set a “neutral” rating for the company in a research report on Thursday, February 20th. Citigroup lowered their price objective on shares of Harley-Davidson from $31.00 to $29.00 and set a “neutral” rating for the company in a research report on Thursday, February 6th. Bank of America reduced their target price on shares of Harley-Davidson from $40.00 to $35.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. Finally, Morgan Stanley reduced their price target on shares of Harley-Davidson from $33.00 to $31.00 and set an “equal weight” rating for the company in a research note on Thursday, February 6th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $33.57.

Harley-Davidson Stock Performance

HOG stock opened at $26.13 on Friday. The company has a quick ratio of 1.19, a current ratio of 1.40 and a debt-to-equity ratio of 1.41. The company has a market capitalization of $3.25 billion, a price-to-earnings ratio of 7.85, a P/E/G ratio of 0.38 and a beta of 1.49. Harley-Davidson, Inc. has a 12 month low of $23.82 and a 12 month high of $44.16. The firm has a 50 day moving average of $27.47 and a two-hundred day moving average of $32.09.

Harley-Davidson (NYSE:HOG) last posted its earnings results 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 prior year, the company earned $0.18 earnings per share. As a group, equities analysts anticipate that Harley-Davidson, Inc. will post 3.44 EPS for the current fiscal year.

Harley-Davidson Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a dividend of $0.18 per share. This is an increase from Harley-Davidson’s previous quarterly dividend of $0.17. This represents a $0.72 annualized dividend and a dividend yield of 2.76%. The ex-dividend date is Friday, February 28th. Harley-Davidson’s dividend payout ratio is currently 21.62%.

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.