Barclays PLC Purchases 162,899 Shares of Harley-Davidson, Inc. (NYSE:HOG)

Barclays PLC grew its stake in Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 135.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 282,932 shares of the company's stock after acquiring an additional 162,899 shares during the quarter. Barclays PLC owned 0.22% of Harley-Davidson worth $10,900,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Prospera Private Wealth LLC bought a new position in Harley-Davidson in the third quarter valued at about $35,000. Ashton Thomas Securities LLC purchased a new stake in shares of Harley-Davidson in the 3rd quarter worth $38,000. Signaturefd LLC raised its holdings in Harley-Davidson by 46.8% in the 2nd quarter. Signaturefd LLC now owns 1,872 shares of the company's stock worth $63,000 after purchasing an additional 597 shares during the period. Fifth Third Bancorp lifted its position in Harley-Davidson by 19.5% during the second quarter. Fifth Third Bancorp now owns 1,970 shares of the company's stock valued at $66,000 after purchasing an additional 322 shares in the last quarter. Finally, Brooklyn Investment Group purchased a new position in Harley-Davidson during the third quarter valued at $79,000. 85.10% of the stock is currently owned by institutional investors.

Harley-Davidson Price Performance

Shares of NYSE:HOG traded down $0.43 during midday trading on Tuesday, reaching $31.57. 1,026,631 shares of the company were exchanged, compared to its average volume of 1,679,221. The stock has a market cap of $4.02 billion, a PE ratio of 7.11, a price-to-earnings-growth ratio of 0.45 and a beta of 1.47. The business's fifty day moving average is $33.35 and its two-hundred day moving average is $34.85. The company has a current ratio of 1.41, a quick ratio of 1.25 and a debt-to-equity ratio of 1.38. Harley-Davidson, Inc. has a one year low of $31.32 and a one year high of $44.16.

Harley-Davidson Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Tuesday, December 10th will be paid a dividend of $0.1725 per share. The ex-dividend date of this dividend is Tuesday, December 10th. This represents a $0.69 annualized dividend and a yield of 2.19%. Harley-Davidson's payout ratio is currently 15.54%.

Insider Buying and Selling at Harley-Davidson

In other Harley-Davidson news, Director Maryrose Sylvester sold 4,278 shares of the company's stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $32.25, for a total value of $137,965.50. Following the transaction, the director now owns 17,687 shares of the company's stock, valued at $570,405.75. This represents a 19.48 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.87% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on HOG shares. StockNews.com raised Harley-Davidson from a "sell" rating to a "hold" rating in a research report on Wednesday, November 27th. UBS Group lowered their price target on shares of Harley-Davidson from $40.00 to $35.00 and set a "neutral" rating on the stock in a report on Thursday, November 7th. Citigroup dropped their price target on shares of Harley-Davidson from $39.00 to $34.00 and set a "neutral" rating for the company in a research report on Friday, October 25th. Robert W. Baird downgraded shares of Harley-Davidson from an "outperform" rating to a "neutral" rating and decreased their price objective for the company from $44.00 to $40.00 in a research report on Wednesday, October 2nd. Finally, Baird R W downgraded shares of Harley-Davidson from a "strong-buy" rating to a "hold" rating in a report on Wednesday, October 2nd. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $42.57.

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.