Harley-Davidson, Inc. (NYSE:HOG) Stock Position Lifted by KBC Group NV

KBC Group NV increased its stake in shares of Harley-Davidson, Inc. (NYSE:HOG) by 63.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,909 shares of the company’s stock after buying an additional 2,293 shares during the quarter. KBC Group NV’s holdings in Harley-Davidson were worth $178,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Creative Planning raised its position in shares of Harley-Davidson by 4.7% during the 2nd quarter. Creative Planning now owns 25,285 shares of the company’s stock worth $848,000 after buying an additional 1,146 shares in the last quarter. Cetera Investment Advisers grew its position in Harley-Davidson by 2.3% during the 2nd quarter. Cetera Investment Advisers now owns 74,521 shares of the company’s stock worth $2,499,000 after purchasing an additional 1,693 shares in the last quarter. GAMMA Investing LLC lifted its stake in Harley-Davidson by 24.6% in the 3rd quarter. GAMMA Investing LLC now owns 2,502 shares of the company’s stock worth $96,000 after acquiring an additional 494 shares in the last quarter. Wedge Capital Management L L P NC boosted its holdings in shares of Harley-Davidson by 2.1% during the third quarter. Wedge Capital Management L L P NC now owns 58,257 shares of the company’s stock worth $2,245,000 after purchasing an additional 1,178 shares during the period. Finally, Twelve Points Wealth Management LLC grew its stake in Harley-Davidson by 18.6% in the third quarter. Twelve Points Wealth Management LLC now owns 41,472 shares of the company’s stock valued at $1,598,000 after purchasing an additional 6,512 shares in the last quarter. Institutional investors and hedge funds own 85.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on HOG shares. Citigroup cut their price objective on Harley-Davidson from $34.00 to $31.00 and set a “neutral” rating on the stock in a research note on Thursday, January 23rd. DA Davidson lowered their target price on shares of Harley-Davidson from $39.00 to $31.00 and set a “buy” rating on the stock in a research note on Tuesday. UBS Group cut their price objective on Harley-Davidson from $40.00 to $35.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. Bank of America reduced their target price on Harley-Davidson from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Thursday, January 30th. Finally, Robert W. Baird lowered their price objective on shares of Harley-Davidson from $40.00 to $36.00 and set a “neutral” rating for the company in a research report on Tuesday, December 31st. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Harley-Davidson presently has an average rating of “Hold” and a consensus target price of $35.14.

Harley-Davidson Stock Down 1.5 %

Shares of NYSE:HOG opened at $26.43 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 52 week low of $25.25 and a 52 week high of $44.16. The company has a 50 day moving average price of $30.18 and a two-hundred day moving average price of $33.64. The company has a market capitalization of $3.37 billion, a PE ratio of 5.95, a PEG ratio of 0.33 and a beta of 1.46.

Harley-Davidson (NYSE:HOG) last announced 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 17.79% and a net margin of 11.31%. During the same quarter last year, the company earned $0.18 EPS. Analysts forecast that Harley-Davidson, Inc. will post 3.62 earnings per share for the current year.

Harley-Davidson Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Tuesday, December 10th were given a dividend of $0.1725 per share. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $0.69 annualized dividend and a yield of 2.61%. Harley-Davidson’s dividend payout ratio (DPR) is presently 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.