MML Investors Services LLC Purchases 379 Shares of Harley-Davidson, Inc. (NYSE:HOG)

MML Investors Services LLC grew its position in shares of Harley-Davidson, Inc. (NYSE:HOG) by 4.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,430 shares of the company’s stock after acquiring an additional 379 shares during the quarter. MML Investors Services LLC’s holdings in Harley-Davidson were worth $325,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of HOG. Prospera Private Wealth LLC acquired a new stake in Harley-Davidson in the 3rd quarter valued at $35,000. Ashton Thomas Securities LLC acquired a new position in shares of Harley-Davidson during the third quarter valued at about $38,000. Signaturefd LLC lifted its position in Harley-Davidson by 46.8% in the 2nd quarter. Signaturefd LLC now owns 1,872 shares of the company’s stock valued at $63,000 after acquiring an additional 597 shares in the last quarter. Fifth Third Bancorp increased 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 purchasing an additional 322 shares in the last quarter. Finally, Brooklyn Investment Group purchased a new position in shares of Harley-Davidson during the third quarter valued at approximately $79,000. 85.10% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Maryrose Sylvester sold 4,278 shares of the business’s stock in a transaction that occurred on Wednesday, October 30th. The shares were sold at an average price of $32.25, for a total value of $137,965.50. Following the sale, the director now owns 17,687 shares of the company’s stock, valued at $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 SEC, which is available at the SEC website. Insiders own 0.87% of the company’s stock.

Wall Street Analysts Forecast Growth

HOG has been the topic of several recent analyst reports. UBS Group dropped their price objective on Harley-Davidson from $40.00 to $35.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Citigroup cut their price target on shares of Harley-Davidson from $39.00 to $34.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. StockNews.com upgraded shares of Harley-Davidson from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th. Baird R W downgraded Harley-Davidson from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, Bank of America decreased their price target on Harley-Davidson from $50.00 to $45.00 and set a “buy” rating for the company in a research report on Tuesday, October 15th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Harley-Davidson presently has a consensus rating of “Hold” and an average price target of $42.57.

Harley-Davidson Trading Up 0.4 %

NYSE:HOG opened at $30.83 on Wednesday. Harley-Davidson, Inc. has a 12 month low of $29.74 and a 12 month high of $44.16. The company has a current ratio of 1.41, a quick ratio of 1.25 and a debt-to-equity ratio of 1.38. The firm’s 50 day moving average is $32.95 and its 200 day moving average is $34.69. The stock has a market capitalization of $3.93 billion, a PE ratio of 6.94, a price-to-earnings-growth ratio of 0.45 and a beta of 1.47.

Harley-Davidson Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Tuesday, December 10th were given a dividend of $0.1725 per share. The ex-dividend date was Tuesday, December 10th. This represents a $0.69 dividend on an annualized basis and a dividend yield of 2.24%. Harley-Davidson’s dividend payout ratio is presently 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.