Steward Partners Investment Advisory LLC Has $50,000 Stake in Harley-Davidson, Inc. (NYSE:HOG)

Steward Partners Investment Advisory LLC trimmed its position in shares of Harley-Davidson, Inc. (NYSE:HOG) by 59.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,663 shares of the company’s stock after selling 2,423 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Harley-Davidson were worth $50,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of HOG. Pacer Advisors Inc. raised its position in shares of Harley-Davidson by 22,680.0% during the third quarter. Pacer Advisors Inc. now owns 4,182,864 shares of the company’s stock worth $161,166,000 after purchasing an additional 4,164,502 shares during the period. Hotchkis & Wiley Capital Management LLC raised its position in Harley-Davidson by 559.4% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 394,680 shares of the company’s stock valued at $15,207,000 after buying an additional 334,830 shares during the last quarter. Barclays PLC raised its position in 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 buying an additional 162,899 shares during the last quarter. Bank of New York Mellon Corp raised its position in Harley-Davidson by 12.0% in the 4th quarter. Bank of New York Mellon Corp now owns 1,470,130 shares of the company’s stock valued at $44,295,000 after buying an additional 157,939 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in 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 buying an additional 148,537 shares during the last quarter. 85.10% of the stock is 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 firm’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 sale, the insider now owns 23,555 shares of the company’s stock, valued at $611,487.80. This trade represents a 12.61 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.87% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms recently commented on HOG. Robert W. Baird lowered their price target on Harley-Davidson from $40.00 to $36.00 and set a “neutral” rating for the company in a research report on Tuesday, December 31st. DA Davidson decreased their target price on Harley-Davidson from $39.00 to $31.00 and set a “buy” rating for the company in a research report on Tuesday, February 4th. Morgan Stanley decreased their target price on Harley-Davidson from $33.00 to $31.00 and set an “equal weight” rating for the company in a research report on Thursday, February 6th. UBS Group decreased their target price on Harley-Davidson from $35.00 to $28.00 and set a “neutral” rating for the company in a research report on Thursday, February 20th. Finally, Bank of America decreased their target price on Harley-Davidson from $40.00 to $35.00 and set a “buy” rating for the company in a research report on Thursday, January 30th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, Harley-Davidson currently has an average rating of “Hold” and an average price target of $33.57.

Harley-Davidson Stock Down 1.9 %

HOG stock opened at $25.20 on Wednesday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.19 and a current ratio of 1.40. The company has a market capitalization of $3.14 billion, a price-to-earnings ratio of 7.57, a PEG ratio of 0.38 and a beta of 1.49. Harley-Davidson, Inc. has a fifty-two week low of $23.81 and a fifty-two week high of $44.16. The stock has a fifty day moving average of $26.84 and a 200-day moving average of $31.45.

Harley-Davidson (NYSE:HOG) last issued 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 period in the prior year, the company posted $0.18 earnings per share. As a group, equities research analysts predict that Harley-Davidson, Inc. will post 3.44 earnings per share for the current year.

Harley-Davidson Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a $0.18 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.72 annualized dividend and a yield of 2.86%. This is an increase from Harley-Davidson’s previous quarterly dividend of $0.17. Harley-Davidson’s dividend payout ratio (DPR) is currently 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.