Kiltearn Partners LLP Has $13.19 Million Holdings in Harley-Davidson, Inc. (NYSE:HOG)

Kiltearn Partners LLP lowered its holdings in shares of Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 30.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 342,420 shares of the company's stock after selling 148,793 shares during the quarter. Harley-Davidson accounts for about 1.8% of Kiltearn Partners LLP's portfolio, making the stock its 22nd biggest position. Kiltearn Partners LLP owned about 0.27% of Harley-Davidson worth $13,193,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Quantbot Technologies LP grew its position in Harley-Davidson by 190.4% in 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 in the last quarter. LSV Asset Management increased its position in shares of Harley-Davidson by 17.3% in the second quarter. LSV Asset Management now owns 5,705,775 shares of the company's stock valued at $191,372,000 after acquiring an additional 842,407 shares during the last quarter. GAMMA Investing LLC boosted its position in Harley-Davidson by 19.0% during the second quarter. GAMMA Investing LLC now owns 2,008 shares of the company's stock valued at $67,000 after purchasing an additional 320 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Harley-Davidson by 70.6% during the 1st quarter. Cetera Investment Advisers now owns 72,828 shares of the company's stock worth $3,185,000 after purchasing an additional 30,143 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Harley-Davidson by 12.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 6,248,512 shares of the company's stock valued at $209,576,000 after buying an additional 708,260 shares during the last quarter. Institutional investors own 85.10% of the company's stock.

Analyst Ratings Changes

HOG has been the topic of several analyst reports. Bank of America dropped their price target on shares of Harley-Davidson from $50.00 to $45.00 and set a "buy" rating on the stock in a research report on Tuesday, October 15th. Baird R W cut Harley-Davidson from a "strong-buy" rating to a "hold" rating in a report on Wednesday, October 2nd. UBS Group dropped their price objective on Harley-Davidson from $40.00 to $35.00 and set a "neutral" rating on the stock in a research note on Thursday, November 7th. StockNews.com upgraded Harley-Davidson from a "sell" rating to a "hold" rating in a research note on Wednesday. Finally, Robert W. Baird cut Harley-Davidson from an "outperform" rating to a "neutral" rating and dropped their price target for the company from $44.00 to $40.00 in a research note on Wednesday, October 2nd. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $42.57.

Insider Buying and Selling at Harley-Davidson

In related news, Director Maryrose Sylvester sold 4,278 shares of the company's stock in a transaction that occurred on 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 directly owns 17,687 shares in the company, valued at $570,405.75. This represents a 19.48 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.87% of the company's stock.

Harley-Davidson Trading Down 3.0 %

Shares of NYSE:HOG opened at $33.46 on Wednesday. The company has a market capitalization of $4.26 billion, a P/E ratio of 7.53, a P/E/G ratio of 0.46 and a beta of 1.46. Harley-Davidson, Inc. has a 1 year low of $29.67 and a 1 year high of $44.16. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.41 and a quick ratio of 1.25. The business's 50 day simple moving average is $34.72 and its 200 day simple moving average is $35.08.

Harley-Davidson Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 16th were paid a dividend of $0.1725 per share. This represents a $0.69 annualized dividend and a yield of 2.06%. The ex-dividend date was Monday, September 16th. Harley-Davidson's payout ratio is presently 15.54%.

About Harley-Davidson

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.

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