Harley-Davidson, Inc. (NYSE:HOG) Shares Sold by Bridgewater Associates LP

Bridgewater Associates LP trimmed its stake in Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 62.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,832 shares of the company's stock after selling 73,938 shares during the period. Bridgewater Associates LP's holdings in Harley-Davidson were worth $1,727,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Prospera Private Wealth LLC bought a new stake in Harley-Davidson in the third quarter worth $35,000. Ashton Thomas Securities LLC bought a new stake in shares of Harley-Davidson in the 3rd quarter worth about $38,000. Signaturefd LLC boosted its stake in shares of 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 purchasing an additional 597 shares during the period. Fifth Third Bancorp grew 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 valued at $66,000 after purchasing an additional 322 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in Harley-Davidson by 19.0% in the 2nd quarter. GAMMA Investing LLC now owns 2,008 shares of the company's stock worth $67,000 after purchasing an additional 320 shares during the period. Hedge funds and other institutional investors own 85.10% of the company's stock.

Insider Buying and Selling at Harley-Davidson

In related news, Director Maryrose Sylvester sold 4,278 shares of the company's stock in a transaction dated Wednesday, October 30th. The stock was sold at an average price of $32.25, for a total transaction of $137,965.50. Following the transaction, the director now directly 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 filing with the SEC, which is available at this link. 0.87% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently commented on HOG shares. StockNews.com raised Harley-Davidson from a "sell" rating to a "hold" rating in a research note on Wednesday, November 27th. Robert W. Baird downgraded Harley-Davidson from an "outperform" rating to a "neutral" rating and cut their price objective for the company from $44.00 to $40.00 in a research report on Wednesday, October 2nd. Citigroup decreased their target price on Harley-Davidson from $39.00 to $34.00 and set a "neutral" rating for the company in a research report on Friday, October 25th. Baird R W cut shares of Harley-Davidson from a "strong-buy" rating to a "hold" rating in a report on Wednesday, October 2nd. Finally, Bank of America reduced their price target on shares of Harley-Davidson from $50.00 to $45.00 and set a "buy" rating on the stock in a research note on Tuesday, October 15th. Five research analysts have rated the stock with a hold rating and four 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 $42.57.

Harley-Davidson Stock Up 1.2 %

HOG traded up $0.40 on Monday, hitting $34.03. The company had a trading volume of 1,053,499 shares, compared to its average volume of 1,702,927. The stock has a market capitalization of $4.33 billion, a price-to-earnings ratio of 7.60, a P/E/G ratio of 0.45 and a beta of 1.46. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.25 and a current ratio of 1.41. The stock has a fifty day moving average price of $34.30 and a 200-day moving average price of $35.03. Harley-Davidson, Inc. has a 12-month low of $30.48 and a 12-month high of $44.16.

Harley-Davidson Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Tuesday, December 10th will be given a dividend of $0.1725 per share. The ex-dividend date of this dividend is Tuesday, December 10th. This represents a $0.69 dividend on an annualized basis and a yield of 2.03%. Harley-Davidson's payout ratio is 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.