Jones Financial Companies Lllp Buys 1,215 Shares of Harley-Davidson, Inc. (NYSE:HOG)

Jones Financial Companies Lllp increased its stake in shares of Harley-Davidson, Inc. (NYSE:HOG) by 62.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,156 shares of the company’s stock after acquiring an additional 1,215 shares during the quarter. Jones Financial Companies Lllp’s holdings in Harley-Davidson were worth $95,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Venturi Wealth Management LLC lifted its holdings in Harley-Davidson by 172.0% in the 4th quarter. Venturi Wealth Management LLC now owns 876 shares of the company’s stock worth $26,000 after buying an additional 554 shares during the period. Prospera Private Wealth LLC purchased a new stake in Harley-Davidson in the 3rd quarter worth approximately $35,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Harley-Davidson in the 4th quarter worth approximately $42,000. Global Retirement Partners LLC lifted its holdings in Harley-Davidson by 84.3% in 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. Finally, Brooklyn Investment Group purchased a new stake in Harley-Davidson in the 3rd quarter worth approximately $79,000. 85.10% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, insider Luke Christopher Mansfield sold 3,400 shares of the business’s stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $25.96, for a total value of $88,264.00. Following the transaction, the insider now directly owns 23,555 shares in the company, valued at $611,487.80. The trade was a 12.61 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.87% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have recently commented on HOG shares. StockNews.com upgraded Harley-Davidson from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th. Robert W. Baird lowered their target price on Harley-Davidson from $40.00 to $36.00 and set a “neutral” rating for the company in a research note on Tuesday, December 31st. Morgan Stanley lowered their target price on 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. UBS Group lowered their target price on Harley-Davidson from $35.00 to $28.00 and set a “neutral” rating for the company in a research note on Thursday, February 20th. Finally, Bank of America lowered their target price on Harley-Davidson from $40.00 to $35.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $33.57.

Harley-Davidson Stock Up 1.7 %

Shares of NYSE:HOG opened at $24.61 on Monday. The stock has a fifty day simple moving average of $27.01 and a two-hundred day simple moving average of $31.62. The stock has a market capitalization of $3.07 billion, a price-to-earnings ratio of 7.39, a PEG ratio of 0.38 and a beta of 1.49. Harley-Davidson, Inc. has a 12-month low of $23.81 and a 12-month high of $44.16. The company has a current ratio of 1.40, a quick ratio of 1.19 and a debt-to-equity ratio of 1.41.

Harley-Davidson (NYSE:HOG) last posted its earnings results on Wednesday, February 5th. The company reported ($0.93) EPS for the quarter, missing analysts’ consensus estimates 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 period in the prior year, the business posted $0.18 earnings per share. On average, research analysts anticipate that Harley-Davidson, Inc. will post 3.44 earnings per share for the current fiscal year.

Harley-Davidson Increases Dividend

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

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.