Natixis Advisors LLC Buys 2,756 Shares of Harley-Davidson, Inc. (NYSE:HOG)

Natixis Advisors LLC increased its stake in Harley-Davidson, Inc. (NYSE:HOG) by 13.8% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 22,656 shares of the company’s stock after purchasing an additional 2,756 shares during the quarter. Natixis Advisors LLC’s holdings in Harley-Davidson were worth $873,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HOG. Ashton Thomas Securities LLC bought a new stake in shares of Harley-Davidson during the third quarter valued at about $38,000. Signaturefd LLC increased its holdings in Harley-Davidson by 46.8% during the 2nd quarter. Signaturefd LLC now owns 1,872 shares of the company’s stock worth $63,000 after acquiring an additional 597 shares during the period. Fifth Third Bancorp lifted its stake in Harley-Davidson by 19.5% in the 2nd quarter. Fifth Third Bancorp now owns 1,970 shares of the company’s stock worth $66,000 after purchasing an additional 322 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Harley-Davidson by 19.0% in the 2nd quarter. GAMMA Investing LLC now owns 2,008 shares of the company’s stock valued at $67,000 after purchasing an additional 320 shares during the period. Finally, Covestor Ltd grew its position in shares of Harley-Davidson by 14.7% during 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 in the last quarter. 85.10% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on HOG. StockNews.com upgraded Harley-Davidson from a “sell” rating to a “hold” rating in a research report on Wednesday. Citigroup lowered their price target on Harley-Davidson from $39.00 to $34.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Baird R W lowered Harley-Davidson from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Robert W. Baird downgraded shares of Harley-Davidson from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $44.00 to $40.00 in a research note on Wednesday, October 2nd. Finally, UBS Group cut their price target on shares of Harley-Davidson from $40.00 to $35.00 and set a “neutral” rating for the company in a research note on Thursday, November 7th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Harley-Davidson has an average rating of “Hold” and a consensus price target of $42.57.

Insider Transactions at Harley-Davidson

In other news, Director Maryrose Sylvester sold 4,278 shares of the company’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 completion of the transaction, the director now directly owns 17,687 shares of the company’s stock, valued at approximately $570,405.75. This represents a 19.48 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.87% of the company’s stock.

Harley-Davidson Trading Up 0.8 %

Shares of HOG opened at $33.74 on Thursday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.25 and a current ratio of 1.41. Harley-Davidson, Inc. has a fifty-two week low of $29.67 and a fifty-two week high of $44.16. The firm has a 50 day moving average price of $34.61 and a 200-day moving average price of $35.08. The firm has a market cap of $4.30 billion, a price-to-earnings ratio of 7.60, a PEG ratio of 0.46 and a beta of 1.46.

Harley-Davidson Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Tuesday, December 10th will be paid a dividend of $0.1725 per share. This represents a $0.69 dividend on an annualized basis and a dividend yield of 2.05%. Harley-Davidson’s dividend payout ratio (DPR) is currently 15.54%.

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.