Quantbot Technologies LP Grows Stock Position in Harley-Davidson, Inc. (NYSE:HOG)

Quantbot Technologies LP grew its stake in shares of Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 190.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 172,258 shares of the company's stock after buying an additional 112,948 shares during the quarter. Quantbot Technologies LP owned approximately 0.14% of Harley-Davidson worth $6,637,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC increased its holdings 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 in the last quarter. Fifth Third Bancorp raised its holdings in Harley-Davidson by 19.5% in the 2nd quarter. Fifth Third Bancorp now owns 1,970 shares of the company's stock valued at $66,000 after buying an additional 322 shares during the last quarter. Covestor Ltd raised its position in shares of Harley-Davidson by 14.7% during the third quarter. Covestor Ltd now owns 3,505 shares of the company's stock worth $135,000 after acquiring an additional 448 shares during the last quarter. Signaturefd LLC raised its holdings in 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 last quarter. Finally, Blue Trust Inc. boosted its position in Harley-Davidson by 23.5% during the third quarter. Blue Trust Inc. now owns 3,659 shares of the company's stock valued at $141,000 after acquiring an additional 697 shares during the last quarter. 85.10% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Maryrose Sylvester sold 4,278 shares of the stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $32.25, for a total transaction of $137,965.50. Following the completion of the transaction, the director now owns 17,687 shares in the company, valued at approximately $570,405.75. This represents a 19.48 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.87% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. StockNews.com cut Harley-Davidson from a "hold" rating to a "sell" rating in a report on Tuesday, November 19th. 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 note on Tuesday, October 15th. Baird R W lowered Harley-Davidson from a "strong-buy" rating to a "hold" rating in a report on Wednesday, October 2nd. Citigroup cut their target price on Harley-Davidson from $39.00 to $34.00 and set a "neutral" rating on the stock in a report on Friday, October 25th. Finally, UBS Group decreased their price target on shares of Harley-Davidson from $40.00 to $35.00 and set a "neutral" rating for the company in a research note on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, Harley-Davidson currently has a consensus rating of "Hold" and an average target price of $42.57.

Harley-Davidson Stock Down 3.0 %

HOG stock traded down $1.05 during trading on Tuesday, reaching $33.46. The stock had a trading volume of 1,261,006 shares, compared to its average volume of 1,712,838. Harley-Davidson, Inc. has a one year low of $29.67 and a one year high of $44.16. The company's 50 day moving average is $34.72 and its two-hundred day moving average is $35.08. The company has a quick ratio of 1.25, a current ratio of 1.41 and a debt-to-equity ratio of 1.38. The company has a market capitalization of $4.26 billion, a price-to-earnings ratio of 7.53, a P/E/G ratio of 0.45 and a beta of 1.46.

Harley-Davidson Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 16th were given a dividend of $0.1725 per share. This represents a $0.69 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date was Monday, September 16th. Harley-Davidson's payout ratio is 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.