Harley-Davidson, Inc. (NYSE:HOG) Receives Consensus Rating of "Moderate Buy" from Brokerages

Harley-Davidson, Inc. (NYSE:HOG - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the eight ratings firms that are covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $42.00.

Several research analysts recently commented on the stock. Citigroup cut their price target on shares of Harley-Davidson from $39.00 to $34.00 and set a "neutral" rating on the stock in a report on Friday, October 25th. UBS Group cut their target price on shares of Harley-Davidson from $40.00 to $35.00 and set a "neutral" rating on the stock in a research note on Thursday, November 7th. Bank of America decreased their price target on shares of Harley-Davidson from $50.00 to $45.00 and set a "buy" rating for the company in a research report on Tuesday, October 15th. Robert W. Baird cut 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. Finally, StockNews.com raised Harley-Davidson from a "sell" rating to a "hold" rating in a research report on Wednesday, November 27th.

Insider Buying and Selling

In related news, Director Maryrose Sylvester sold 4,278 shares of Harley-Davidson 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 completion of the sale, the director now owns 17,687 shares in the company, valued at approximately $570,405.75. The trade was a 19.48 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.87% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in HOG. Mork Capital Management LLC acquired a new position in shares of Harley-Davidson in the 3rd quarter worth approximately $1,926,000. Barclays PLC lifted its stake in Harley-Davidson by 135.7% during the third 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. Quantinno Capital Management LP boosted its holdings in Harley-Davidson by 151.3% in the third quarter. Quantinno Capital Management LP now owns 50,475 shares of the company's stock worth $1,945,000 after purchasing an additional 30,388 shares during the period. Quantbot Technologies LP increased its stake in Harley-Davidson by 190.4% during the third quarter. Quantbot Technologies LP now owns 172,258 shares of the company's stock valued at $6,637,000 after purchasing an additional 112,948 shares during the last quarter. Finally, Franklin Resources Inc. acquired a new stake in shares of Harley-Davidson during the third quarter worth $2,725,000. 85.10% of the stock is currently owned by institutional investors.

Harley-Davidson Trading Up 1.5 %

Shares of Harley-Davidson stock traded up $0.44 during trading hours on Wednesday, reaching $30.13. The stock had a trading volume of 1,101,144 shares, compared to its average volume of 1,086,922. The firm has a market capitalization of $3.84 billion, a price-to-earnings ratio of 6.79, a P/E/G ratio of 0.44 and a beta of 1.47. Harley-Davidson has a 1 year low of $29.46 and a 1 year high of $44.16. The company has a current ratio of 1.41, a quick ratio of 1.25 and a debt-to-equity ratio of 1.38. The firm has a 50 day simple moving average of $32.39 and a two-hundred day simple moving average of $34.58.

Harley-Davidson Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Tuesday, December 10th were paid a dividend of $0.1725 per share. The ex-dividend date was Tuesday, December 10th. This represents a $0.69 annualized dividend and a dividend yield of 2.29%. Harley-Davidson's dividend payout ratio is presently 15.54%.

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.