Dimensional Fund Advisors LP Has $205.94 Million Position in Harley-Davidson, Inc. (NYSE:HOG)

Dimensional Fund Advisors LP grew its position in shares of Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 5.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,835,139 shares of the company's stock after purchasing an additional 332,928 shares during the quarter. Dimensional Fund Advisors LP owned approximately 5.37% of Harley-Davidson worth $205,940,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Stifel Financial Corp raised its stake in shares of Harley-Davidson by 9.3% during the third quarter. Stifel Financial Corp now owns 21,993 shares of the company's stock valued at $847,000 after acquiring an additional 1,875 shares during the last quarter. MML Investors Services LLC increased its holdings in 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 purchasing an additional 379 shares during the period. Barclays PLC raised its position in Harley-Davidson by 135.7% during the 3rd quarter. Barclays PLC now owns 282,932 shares of the company's stock worth $10,900,000 after purchasing an additional 162,899 shares during the last quarter. Tidal Investments LLC bought a new stake in shares of Harley-Davidson in the 3rd quarter valued at about $479,000. Finally, Franklin Resources Inc. acquired a new stake in shares of Harley-Davidson in the third quarter valued at about $2,725,000. 85.10% of the stock is currently owned by institutional investors.

Harley-Davidson Stock Up 3.3 %

Shares of NYSE:HOG opened at $22.77 on Wednesday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.19 and a current ratio of 1.40. Harley-Davidson, Inc. has a 52-week low of $20.45 and a 52-week high of $40.14. The business's 50 day simple moving average is $24.59 and its two-hundred day simple moving average is $28.94. The firm has a market cap of $2.82 billion, a P/E ratio of 6.84, a PEG ratio of 0.38 and a beta of 1.28.

Harley-Davidson (NYSE:HOG - Get Free Report) last issued its earnings results on Wednesday, February 5th. The company reported ($0.93) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.65) by ($0.28). Harley-Davidson had a return on equity of 13.64% and a net margin of 9.25%. During the same period in the prior year, the firm earned $0.18 earnings per share. As a group, research analysts forecast that Harley-Davidson, Inc. will post 3.44 EPS for the current fiscal year.

Harley-Davidson Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date was Friday, February 28th. This is a positive change from Harley-Davidson's previous quarterly dividend of $0.17. Harley-Davidson's dividend payout ratio is currently 21.62%.

Insider Activity at Harley-Davidson

In related news, insider Luke Christopher Mansfield sold 3,400 shares of the stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $25.96, for a total value of $88,264.00. Following the completion of the sale, the insider now directly owns 23,555 shares of the company's stock, valued at approximately $611,487.80. This represents a 12.61 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.93% of the stock is owned by insiders.

Analysts Set New Price Targets

HOG has been the topic of a number of recent analyst reports. Bank of America cut their price objective on Harley-Davidson from $40.00 to $35.00 and set a "buy" rating on the stock in a research note on Thursday, January 30th. Morgan Stanley decreased their price objective on shares of Harley-Davidson from $33.00 to $31.00 and set an "equal weight" rating for the company in a research report on Thursday, February 6th. Robert W. Baird dropped their target price on shares of Harley-Davidson from $32.00 to $26.00 and set a "neutral" rating on the stock in a report on Friday, April 4th. UBS Group decreased their price target on Harley-Davidson from $35.00 to $28.00 and set a "neutral" rating for the company in a report on Thursday, February 20th. Finally, Citigroup dropped their price objective on Harley-Davidson from $29.00 to $28.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 2nd. Six investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $32.00.

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.

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