Victory Capital Management Inc. Has $1.06 Million Stock Holdings in Harley-Davidson, Inc. (NYSE:HOG)

Victory Capital Management Inc. increased its stake in Harley-Davidson, Inc. (NYSE:HOG) by 3.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,611 shares of the company’s stock after acquiring an additional 807 shares during the quarter. Victory Capital Management Inc.’s holdings in Harley-Davidson were worth $1,064,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Ashton Thomas Securities LLC bought a new stake in shares of Harley-Davidson in the 3rd quarter valued at $38,000. Signaturefd LLC boosted its position in Harley-Davidson by 46.8% during the second quarter. Signaturefd LLC now owns 1,872 shares of the company’s stock valued at $63,000 after acquiring an additional 597 shares during the last quarter. Fifth Third Bancorp grew its holdings in Harley-Davidson by 19.5% during the 2nd quarter. Fifth Third Bancorp now owns 1,970 shares of the company’s stock worth $66,000 after acquiring an additional 322 shares during the period. GAMMA Investing LLC raised its position in shares of Harley-Davidson by 19.0% in the 2nd quarter. GAMMA Investing LLC now owns 2,008 shares of the company’s stock worth $67,000 after acquiring an additional 320 shares in the last quarter. Finally, Covestor Ltd lifted its stake in shares of Harley-Davidson by 14.7% in the 3rd quarter. Covestor Ltd now owns 3,505 shares of the company’s stock valued at $135,000 after purchasing an additional 448 shares during the period. 85.10% of the stock is currently owned by institutional investors.

Insider Activity at Harley-Davidson

In related news, Director Maryrose Sylvester sold 4,278 shares of the business’s stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $32.25, for a total transaction of $137,965.50. Following the transaction, the director now directly owns 17,687 shares in the company, valued at approximately $570,405.75. The trade was a 19.48 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.87% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms recently commented on HOG. UBS Group decreased their target price on Harley-Davidson from $40.00 to $35.00 and set a “neutral” rating for the company in a research note on Thursday, November 7th. Robert W. Baird lowered shares of Harley-Davidson from an “outperform” rating to a “neutral” rating and lowered their price objective for the company from $44.00 to $40.00 in a research note on Wednesday, October 2nd. Baird R W lowered shares of Harley-Davidson from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Bank of America decreased their price target on shares of Harley-Davidson from $50.00 to $45.00 and set a “buy” rating for the company in a research note on Tuesday, October 15th. Finally, StockNews.com raised shares of Harley-Davidson from a “sell” rating to a “hold” rating in a research report on Wednesday. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Harley-Davidson has a consensus rating of “Hold” and a consensus price target of $42.57.

Harley-Davidson Price Performance

HOG stock opened at $33.46 on Wednesday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.25 and a current ratio of 1.41. The business has a 50-day simple moving average of $34.72 and a two-hundred day simple moving average of $35.08. The company has a market capitalization of $4.26 billion, a P/E ratio of 7.53, a price-to-earnings-growth ratio of 0.45 and a beta of 1.46. Harley-Davidson, Inc. has a 52-week low of $29.67 and a 52-week high of $44.16.

Harley-Davidson Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 16th were issued a dividend of $0.1725 per share. The ex-dividend date of this dividend was Monday, September 16th. This represents a $0.69 annualized dividend and a yield of 2.06%. Harley-Davidson’s dividend payout ratio (DPR) is currently 15.54%.

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.