Harley-Davidson, Inc. (NYSE:HOG) Shares Purchased by LSV Asset Management

LSV Asset Management increased its holdings in shares of Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 0.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,498,635 shares of the company's stock after acquiring an additional 19,453 shares during the period. LSV Asset Management owned approximately 4.32% of Harley-Davidson worth $165,674,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of HOG. Venturi Wealth Management LLC increased its position in shares of Harley-Davidson by 172.0% in the fourth quarter. Venturi Wealth Management LLC now owns 876 shares of the company's stock valued at $26,000 after buying an additional 554 shares in the last quarter. Bessemer Group Inc. increased its holdings in Harley-Davidson by 237.9% in the 4th quarter. Bessemer Group Inc. now owns 1,301 shares of the company's stock worth $39,000 after acquiring an additional 916 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in Harley-Davidson during the fourth quarter worth $42,000. Global Retirement Partners LLC lifted its holdings in Harley-Davidson by 84.3% during the fourth quarter. Global Retirement Partners LLC now owns 1,850 shares of the company's stock valued at $56,000 after purchasing an additional 846 shares in the last quarter. Finally, National Bank of Canada FI grew its position in shares of Harley-Davidson by 201.8% in the fourth quarter. National Bank of Canada FI now owns 1,889 shares of the company's stock valued at $57,000 after purchasing an additional 1,263 shares during the period. Hedge funds and other institutional investors own 85.10% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. DA Davidson reaffirmed a "buy" rating and issued a $31.00 price target on shares of Harley-Davidson in a research note on Wednesday, April 9th. UBS Group decreased their target price on Harley-Davidson from $35.00 to $28.00 and set a "neutral" rating on the stock in a research report on Thursday, February 20th. Robert W. Baird dropped their price target on Harley-Davidson from $32.00 to $26.00 and set a "neutral" rating for the company in a research report on Friday, April 4th. Bank of America decreased their price objective on Harley-Davidson from $40.00 to $35.00 and set a "buy" rating on the stock in a report on Thursday, January 30th. Finally, Citigroup dropped their target price on shares of Harley-Davidson from $29.00 to $28.00 and set a "neutral" rating for the company in a report on Wednesday, April 2nd. Six investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Harley-Davidson currently has an average rating of "Hold" and a consensus price target of $32.00.

Harley-Davidson Trading Down 4.4 %

Shares of HOG traded down $0.99 during mid-day trading on Tuesday, reaching $21.59. The stock had a trading volume of 677,886 shares, compared to its average volume of 1,919,610. Harley-Davidson, Inc. has a 52-week low of $20.45 and a 52-week high of $40.50. The firm has a market cap of $2.67 billion, a price-to-earnings ratio of 6.48, a P/E/G ratio of 0.38 and a beta of 1.28. The business's fifty day moving average is $25.08 and its 200 day moving average is $29.49. 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 quarterly 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 company posted $0.18 EPS. On average, sell-side analysts predict that Harley-Davidson, Inc. will post 3.44 EPS for the current fiscal year.

Harley-Davidson Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a $0.18 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.72 dividend on an annualized basis and a yield of 3.33%. This is an increase from Harley-Davidson's previous quarterly dividend of $0.17. Harley-Davidson's payout ratio is currently 21.62%.

Insider Activity

In other news, insider Luke Christopher Mansfield sold 3,400 shares of the business's stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $25.96, for a total value of $88,264.00. Following the sale, the insider now directly owns 23,555 shares of the company's stock, valued at approximately $611,487.80. The trade was a 12.61 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.87% of the company's stock.

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.