Charles Schwab Investment Management Inc. Sells 25,770 Shares of Harley-Davidson, Inc. (NYSE:HOG)

Charles Schwab Investment Management Inc. reduced its position in shares of Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 2.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,272,277 shares of the company's stock after selling 25,770 shares during the period. Charles Schwab Investment Management Inc. owned 1.00% of Harley-Davidson worth $38,334,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of HOG. Venturi Wealth Management LLC raised its holdings in Harley-Davidson by 172.0% in the 4th quarter. Venturi Wealth Management LLC now owns 876 shares of the company's stock worth $26,000 after purchasing an additional 554 shares in the last quarter. Prospera Private Wealth LLC purchased a new stake in Harley-Davidson in the third quarter worth about $35,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in Harley-Davidson during the 4th quarter valued at approximately $42,000. Global Retirement Partners LLC grew its holdings in shares of Harley-Davidson by 84.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,850 shares of the company's stock worth $56,000 after acquiring an additional 846 shares during the period. Finally, Brooklyn Investment Group bought a new position in shares of Harley-Davidson in the 3rd quarter worth approximately $79,000. 85.10% of the stock is owned by institutional investors.

Insider Transactions at Harley-Davidson

In other news, insider Luke Christopher Mansfield sold 3,400 shares of the firm's 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 transaction, the insider now directly owns 23,555 shares in the company, valued at $611,487.80. This trade represents a 12.61 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.87% of the company's stock.

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Analysts Set New Price Targets

HOG has been the subject of a number of research reports. Citigroup decreased their price objective on Harley-Davidson from $31.00 to $29.00 and set a "neutral" rating for the company in a report on Thursday, February 6th. DA Davidson decreased their price target on shares of Harley-Davidson from $39.00 to $31.00 and set a "buy" rating for the company in a research note on Tuesday, February 4th. Morgan Stanley lowered their price target 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. UBS Group cut their price objective on shares of Harley-Davidson from $35.00 to $28.00 and set a "neutral" rating on the stock in a report on Thursday, February 20th. Finally, StockNews.com upgraded shares of Harley-Davidson from a "sell" rating to a "hold" rating in a report on Wednesday, November 27th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $33.57.

Harley-Davidson Stock Up 0.7 %

Shares of HOG traded up $0.17 on Wednesday, hitting $25.38. 876,995 shares of the stock traded hands, compared to its average volume of 2,349,400. Harley-Davidson, Inc. has a one year low of $23.81 and a one year high of $44.16. The company has a market capitalization of $3.16 billion, a PE ratio of 7.61, a P/E/G ratio of 0.38 and a beta of 1.49. The business has a 50 day simple moving average of $26.84 and a 200 day simple moving average of $31.45. 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 (NYSE:HOG - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported ($0.93) earnings per share for the quarter, missing the consensus estimate 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 previous year, the firm posted $0.18 earnings per share. As a group, equities analysts forecast that Harley-Davidson, Inc. will post 3.44 earnings per share for the current fiscal year.

Harley-Davidson Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date of this dividend was Friday, February 28th. This is an increase from Harley-Davidson's previous quarterly dividend of $0.17. Harley-Davidson's dividend payout ratio (DPR) is presently 21.62%.

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.