Harley-Davidson, Inc. (NYSE:HOG) Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP lowered its stake in Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 24.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 129,574 shares of the company's stock after selling 42,684 shares during the period. Quantbot Technologies LP owned approximately 0.10% of Harley-Davidson worth $3,904,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Venturi Wealth Management LLC lifted its stake in shares of 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 acquiring an additional 554 shares during the period. Prospera Private Wealth LLC acquired a new stake in Harley-Davidson in the third quarter valued at about $35,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Harley-Davidson in the 4th quarter valued at approximately $42,000. Global Retirement Partners LLC increased its position in 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 purchasing an additional 846 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich purchased a new position in shares of Harley-Davidson during the 4th quarter worth approximately $65,000. Hedge funds and other institutional investors own 85.10% of the company's stock.

Insider Activity

In other news, insider Luke Christopher Mansfield sold 3,400 shares of the business's stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $25.96, for a total transaction 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 $611,487.80. The trade was a 12.61 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.87% of the company's stock.

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Analyst Upgrades and Downgrades

HOG has been the topic of a number of recent analyst reports. Robert W. Baird dropped their price objective on Harley-Davidson from $40.00 to $36.00 and set a "neutral" rating on the stock in a report on Tuesday, December 31st. DA Davidson cut their price target on shares of Harley-Davidson from $39.00 to $31.00 and set a "buy" rating for the company in a report on Tuesday, February 4th. Bank of America decreased their price objective on shares of Harley-Davidson from $40.00 to $35.00 and set a "buy" rating on the stock in a report on Thursday, January 30th. Morgan Stanley dropped their target price on shares of Harley-Davidson from $33.00 to $31.00 and set an "equal weight" rating for the company in a report on Thursday, February 6th. Finally, StockNews.com raised Harley-Davidson from a "sell" rating to a "hold" rating in a research note on Wednesday, November 27th. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $33.57.

Harley-Davidson Price Performance

Harley-Davidson stock traded down $0.07 during mid-day trading on Tuesday, hitting $25.56. 1,741,642 shares of the company were exchanged, compared to its average volume of 1,812,469. Harley-Davidson, Inc. has a 12-month low of $23.81 and a 12-month high of $44.16. The company has a market capitalization of $3.18 billion, a P/E ratio of 7.68, a PEG ratio of 0.38 and a beta of 1.49. The business's 50 day simple moving average is $26.51 and its two-hundred day simple moving average is $31.03. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.40 and a quick ratio of 1.19.

Harley-Davidson (NYSE:HOG - Get Free Report) last announced 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 quarter last year, the business posted $0.18 EPS. Analysts forecast that Harley-Davidson, Inc. will post 3.44 earnings per share for the current fiscal year.

Harley-Davidson Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a $0.18 dividend. This is a boost from Harley-Davidson's previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.72 annualized dividend and a yield of 2.82%. Harley-Davidson's payout ratio is 21.62%.

Harley-Davidson 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.