Inceptionr LLC Sells 14,997 Shares of Harley-Davidson, Inc. (NYSE:HOG)

Inceptionr LLC lowered its holdings in Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 65.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 8,083 shares of the company's stock after selling 14,997 shares during the quarter. Inceptionr LLC's holdings in Harley-Davidson were worth $244,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in HOG. Venturi Wealth Management LLC lifted its stake in Harley-Davidson by 172.0% in the fourth 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 bought a new stake in Harley-Davidson during the 3rd quarter valued at approximately $35,000. Ashton Thomas Securities LLC purchased a new position in shares of Harley-Davidson during the 3rd quarter worth approximately $38,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Harley-Davidson in the 4th quarter worth approximately $42,000. Finally, Global Retirement Partners LLC raised its position in shares of Harley-Davidson by 84.3% in 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 in the last quarter. 85.10% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Harley-Davidson news, insider Luke Christopher Mansfield sold 3,400 shares of the business's stock in a transaction dated Thursday, February 13th. The stock was 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 owns 23,555 shares of the company's stock, valued at approximately $611,487.80. The trade was a 12.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.87% of the stock is currently owned by insiders.

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Harley-Davidson Stock Performance

Shares of HOG traded up $0.41 during mid-day trading on Friday, hitting $24.61. 2,123,750 shares of the company traded hands, compared to its average volume of 1,790,423. The stock has a market cap of $3.07 billion, a price-to-earnings ratio of 7.39, a P/E/G ratio of 0.38 and a beta of 1.49. The stock has a 50-day moving average price of $27.22 and a two-hundred day moving average price of $31.86. Harley-Davidson, Inc. has a 1 year low of $23.81 and a 1 year high of $44.16. 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 announced its earnings results on Wednesday, February 5th. The company reported ($0.93) earnings per share for the quarter, missing analysts' consensus estimates of ($0.65) by ($0.28). Harley-Davidson had a net margin of 9.25% and a return on equity of 13.64%. During the same quarter in the previous year, the business earned $0.18 EPS. Equities analysts anticipate that Harley-Davidson, Inc. will post 3.44 earnings per share for the current year.

Harley-Davidson Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 2.93%. This is a boost from Harley-Davidson's previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Friday, February 28th. Harley-Davidson's dividend payout ratio (DPR) is presently 21.62%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on HOG shares. Morgan Stanley reduced their price target on Harley-Davidson from $33.00 to $31.00 and set an "equal weight" rating on the stock in a research note on Thursday, February 6th. Bank of America reduced their target price on shares of Harley-Davidson from $40.00 to $35.00 and set a "buy" rating on the stock in a research report on Thursday, January 30th. UBS Group lowered their price target on shares of Harley-Davidson from $35.00 to $28.00 and set a "neutral" rating for the company in a research report on Thursday, February 20th. Citigroup dropped their price objective on shares of Harley-Davidson from $31.00 to $29.00 and set a "neutral" rating on the stock in a research note on Thursday, February 6th. Finally, DA Davidson decreased their target price 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. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, Harley-Davidson presently has an average rating of "Hold" and a consensus target price of $33.57.

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.