Louisiana State Employees Retirement System Sells 1,000 Shares of Harley-Davidson, Inc. (NYSE:HOG)

Louisiana State Employees Retirement System lessened its stake in shares of Harley-Davidson, Inc. (NYSE:HOG) by 3.0% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 31,800 shares of the company’s stock after selling 1,000 shares during the period. Louisiana State Employees Retirement System’s holdings in Harley-Davidson were worth $958,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of HOG. MML Investors Services LLC lifted its position in shares of Harley-Davidson by 4.7% in the third quarter. MML Investors Services LLC now owns 8,430 shares of the company’s stock valued at $325,000 after acquiring an additional 379 shares in the last quarter. Covestor Ltd lifted its position in shares of Harley-Davidson by 14.7% in the third quarter. Covestor Ltd now owns 3,505 shares of the company’s stock worth $135,000 after buying an additional 448 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Harley-Davidson by 23.5% in the third quarter. Blue Trust Inc. now owns 3,659 shares of the company’s stock worth $141,000 after buying an additional 697 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of Harley-Davidson by 3.0% in the third quarter. Victory Capital Management Inc. now owns 27,611 shares of the company’s stock worth $1,064,000 after buying an additional 807 shares in the last quarter. Finally, Toronto Dominion Bank lifted its position in shares of Harley-Davidson by 1.7% in the third quarter. Toronto Dominion Bank now owns 49,995 shares of the company’s stock worth $1,926,000 after buying an additional 815 shares in the last quarter. Institutional investors own 85.10% of the company’s stock.

Analyst Ratings Changes

HOG has been the topic of a number of research analyst reports. Bank of America decreased their target price on Harley-Davidson from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Thursday, January 30th. DA Davidson decreased their price objective on Harley-Davidson from $39.00 to $31.00 and set a “buy” rating on the stock in a research report on Tuesday, February 4th. Robert W. Baird decreased their price objective on Harley-Davidson from $40.00 to $36.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 31st. StockNews.com upgraded Harley-Davidson from a “sell” rating to a “hold” rating in a research report on Wednesday, November 27th. Finally, Morgan Stanley decreased their price objective on Harley-Davidson from $33.00 to $31.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 6th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Harley-Davidson currently has an average rating of “Hold” and an average price target of $34.57.

Harley-Davidson Trading Down 0.5 %

HOG opened at $25.76 on Tuesday. The stock has a market cap of $3.28 billion, a price-to-earnings ratio of 7.73, a P/E/G ratio of 0.36 and a beta of 1.46. The stock’s 50 day moving average price is $29.00 and its 200-day moving average price is $33.05. Harley-Davidson, Inc. has a one year low of $25.25 and a one year high of $44.16. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.25 and a current ratio of 1.40.

Harley-Davidson (NYSE:HOG) last released its earnings results on Wednesday, February 5th. The company reported ($0.93) EPS for the quarter, missing analysts’ consensus estimates of ($0.65) by ($0.28). Harley-Davidson had a net margin of 9.25% and a return on equity of 13.64%. During the same period in the prior year, the firm posted $0.18 EPS. On average, equities analysts forecast that Harley-Davidson, Inc. will post 3.65 EPS for the current year.

Harley-Davidson Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.18 per share. This is a boost from Harley-Davidson’s previous quarterly dividend of $0.17. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.80%. Harley-Davidson’s dividend payout ratio is currently 20.72%.

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.