Harley-Davidson, Inc. (NYSE:HOG) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. decreased its position in Harley-Davidson, Inc. (NYSE:HOG) by 2.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,272,277 shares of the company’s stock after selling 25,770 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.00% of Harley-Davidson worth $38,334,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC lifted its position in shares of Harley-Davidson by 172.0% during the fourth quarter. Venturi Wealth Management LLC now owns 876 shares of the company’s stock worth $26,000 after purchasing an additional 554 shares in the last quarter. Prospera Private Wealth LLC purchased a new stake in shares of Harley-Davidson in the 3rd quarter valued at approximately $35,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Harley-Davidson in the 4th quarter valued at $42,000. Global Retirement Partners LLC raised its holdings in shares of Harley-Davidson by 84.3% in the 4th quarter. Global Retirement Partners LLC now owns 1,850 shares of the company’s stock valued at $56,000 after purchasing an additional 846 shares in the last quarter. Finally, Brooklyn Investment Group acquired a new stake in shares of Harley-Davidson in the 3rd quarter valued at $79,000. 85.10% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Harley-Davidson news, insider Luke Christopher Mansfield sold 3,400 shares of the company’s stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $25.96, for a total transaction of $88,264.00. Following the transaction, the insider now directly owns 23,555 shares in the company, valued at approximately $611,487.80. This represents a 12.61 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.87% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Morgan Stanley cut their target price on Harley-Davidson from $33.00 to $31.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 6th. Citigroup cut their price target on shares of Harley-Davidson from $31.00 to $29.00 and set a “neutral” rating on the stock in a research note on Thursday, February 6th. Robert W. Baird cut their target price on Harley-Davidson from $40.00 to $36.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 31st. DA Davidson cut their target price on Harley-Davidson from $39.00 to $31.00 and set a “buy” rating on the stock in a research report on Tuesday, February 4th. Finally, UBS Group cut their price target on Harley-Davidson from $35.00 to $28.00 and set a “neutral” rating on the stock in a research report on Thursday, February 20th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $33.57.

Harley-Davidson Trading Up 1.7 %

NYSE:HOG opened at $24.61 on Friday. The firm has a market cap of $3.07 billion, a P/E ratio of 7.39, a PEG ratio of 0.38 and a beta of 1.49. The company has a current ratio of 1.40, a quick ratio of 1.19 and a debt-to-equity ratio of 1.41. The stock’s 50 day simple moving average is $27.01 and its 200-day simple moving average is $31.66. Harley-Davidson, Inc. has a 12-month low of $23.81 and a 12-month high of $44.16.

Harley-Davidson (NYSE:HOG) last announced its quarterly earnings data on Wednesday, February 5th. The company reported ($0.93) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.65) by ($0.28). Harley-Davidson had a net margin of 9.25% and a return on equity of 13.64%. During the same quarter last year, the firm earned $0.18 earnings per share. Equities analysts anticipate that Harley-Davidson, Inc. will post 3.44 EPS for the current year.

Harley-Davidson Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.93%. This is a positive change from Harley-Davidson’s previous quarterly dividend of $0.17. The ex-dividend date was Friday, February 28th. Harley-Davidson’s payout ratio is 21.62%.

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.