Proficio Capital Partners LLC Acquires Shares of 44,502 Harley-Davidson, Inc. (NYSE:HOG)

Proficio Capital Partners LLC purchased a new stake in shares of Harley-Davidson, Inc. (NYSE:HOG - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 44,502 shares of the company's stock, valued at approximately $1,341,000.

A number of other large investors have also recently modified their holdings of the business. Venturi Wealth Management LLC lifted its position in 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 purchasing an additional 554 shares during the last quarter. Prospera Private Wealth LLC bought a new position in shares of Harley-Davidson in the 3rd quarter worth approximately $35,000. Ashton Thomas Securities LLC purchased a new position in shares of Harley-Davidson in the 3rd quarter valued at approximately $38,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Harley-Davidson during the fourth quarter valued at approximately $42,000. Finally, Global Retirement Partners LLC grew its stake in Harley-Davidson by 84.3% in the fourth 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. Institutional investors own 85.10% of the company's stock.

Harley-Davidson Stock Performance

HOG traded down $1.12 during trading on Tuesday, hitting $26.02. The company's stock had a trading volume of 3,239,445 shares, compared to its average volume of 1,788,229. Harley-Davidson, Inc. has a one year low of $23.82 and a one year high of $44.16. The business's 50 day simple moving average is $27.41 and its 200-day simple moving average is $31.99. The company has a quick ratio of 1.19, a current ratio of 1.40 and a debt-to-equity ratio of 1.41. The firm has a market cap of $3.24 billion, a PE ratio of 7.82, a P/E/G ratio of 0.38 and a beta of 1.49.

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Harley-Davidson (NYSE:HOG - Get Free Report) last announced its quarterly earnings data 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 net margin of 9.25% and a return on equity of 13.64%. During the same period in the prior year, the company earned $0.18 EPS. As a group, sell-side analysts predict that Harley-Davidson, Inc. will post 3.44 EPS for the current fiscal year.

Harley-Davidson Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 2.77%. This is an increase 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%.

Analyst Ratings Changes

A number of brokerages have weighed in on HOG. StockNews.com upgraded shares of Harley-Davidson from a "sell" rating to a "hold" rating in a report on Wednesday, November 27th. DA Davidson lowered their price objective on Harley-Davidson from $39.00 to $31.00 and set a "buy" rating for the company in a research note on Tuesday, February 4th. Robert W. Baird reduced their price target on Harley-Davidson from $40.00 to $36.00 and set a "neutral" rating for the company in a report on Tuesday, December 31st. Bank of America dropped their price target on shares of Harley-Davidson from $40.00 to $35.00 and set a "buy" rating on the stock in a research note on Thursday, January 30th. Finally, Citigroup cut their price target on shares of Harley-Davidson from $31.00 to $29.00 and set a "neutral" rating on the stock in a report on Thursday, February 6th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $33.57.

Insider Activity at Harley-Davidson

In other Harley-Davidson news, insider Luke Christopher Mansfield sold 3,400 shares of the stock in a transaction that occurred 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. This trade represents a 12.61 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.87% of the stock is owned by corporate insiders.

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.