Harley-Davidson, Inc. (NYSE:HOG) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lessened its stake in Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 1.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,298,047 shares of the company's stock after selling 17,940 shares during the period. Charles Schwab Investment Management Inc. owned 1.02% of Harley-Davidson worth $50,014,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Prospera Private Wealth LLC purchased a new stake in shares of Harley-Davidson during the third quarter worth approximately $35,000. Ashton Thomas Securities LLC acquired a new stake in shares of Harley-Davidson in the 3rd quarter worth $38,000. Signaturefd LLC boosted its holdings in shares of Harley-Davidson by 46.8% in the second 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 stake in shares of Harley-Davidson by 19.5% during the second quarter. Fifth Third Bancorp now owns 1,970 shares of the company's stock worth $66,000 after acquiring an additional 322 shares during the period. Finally, GAMMA Investing LLC raised its holdings in Harley-Davidson by 19.0% during the second quarter. GAMMA Investing LLC now owns 2,008 shares of the company's stock worth $67,000 after purchasing an additional 320 shares in the last quarter. 85.10% of the stock is owned by institutional investors and hedge funds.

Harley-Davidson Stock Down 0.3 %

Shares of NYSE HOG traded down $0.11 during trading on Friday, reaching $33.63. 616,268 shares of the stock were exchanged, compared to its average volume of 1,278,353. The company has a market capitalization of $4.28 billion, a price-to-earnings ratio of 7.57, a price-to-earnings-growth ratio of 0.45 and a beta of 1.46. The business's 50-day moving average price is $34.30 and its 200 day moving average price is $35.04. The company has a quick ratio of 1.25, a current ratio of 1.41 and a debt-to-equity ratio of 1.38. Harley-Davidson, Inc. has a twelve month low of $29.67 and a twelve month high of $44.16.

Harley-Davidson Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Tuesday, December 10th will be given a $0.1725 dividend. 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 2.05%. Harley-Davidson's payout ratio is currently 15.54%.

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 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 directly owns 17,687 shares of the company's stock, valued at $570,405.75. This represents a 19.48 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.87% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

Harley-Davidson Company 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.