Quantinno Capital Management LP Acquires 30,388 Shares of Harley-Davidson, Inc. (NYSE:HOG)

Quantinno Capital Management LP lifted its holdings in shares of Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 151.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,475 shares of the company's stock after acquiring an additional 30,388 shares during the quarter. Quantinno Capital Management LP's holdings in Harley-Davidson were worth $1,945,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Pacer Advisors Inc. raised its holdings in Harley-Davidson by 22,680.0% in the third quarter. Pacer Advisors Inc. now owns 4,182,864 shares of the company's stock worth $161,166,000 after purchasing an additional 4,164,502 shares in the last quarter. LSV Asset Management raised its holdings in Harley-Davidson by 17.3% in the second quarter. LSV Asset Management now owns 5,705,775 shares of the company's stock worth $191,372,000 after purchasing an additional 842,407 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Harley-Davidson by 12.8% in the second quarter. Dimensional Fund Advisors LP now owns 6,248,512 shares of the company's stock worth $209,576,000 after purchasing an additional 708,260 shares in the last quarter. American Century Companies Inc. raised its holdings in Harley-Davidson by 42.8% in the second quarter. American Century Companies Inc. now owns 2,263,919 shares of the company's stock worth $75,932,000 after purchasing an additional 678,092 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its holdings in Harley-Davidson by 559.4% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 394,680 shares of the company's stock worth $15,207,000 after purchasing an additional 334,830 shares in the last quarter. Institutional investors own 85.10% of the company's stock.

Harley-Davidson Stock Performance

NYSE:HOG traded down $0.25 on Thursday, hitting $33.03. The stock had a trading volume of 1,056,686 shares, compared to its average volume of 1,684,732. The stock has a market cap of $4.21 billion, a price-to-earnings ratio of 7.44, a price-to-earnings-growth ratio of 0.44 and a beta of 1.47. The company has a quick ratio of 1.25, a current ratio of 1.41 and a debt-to-equity ratio of 1.38. The business's 50-day simple moving average is $33.48 and its two-hundred day simple moving average is $34.91. Harley-Davidson, Inc. has a 52-week low of $31.20 and a 52-week high of $44.16.

Harley-Davidson Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Tuesday, December 10th will be paid a $0.1725 dividend. This represents a $0.69 annualized dividend and a dividend yield of 2.09%. The ex-dividend date of this dividend is Tuesday, December 10th. Harley-Davidson's dividend payout ratio (DPR) is currently 15.54%.

Insider Transactions at Harley-Davidson

In other news, Director Maryrose Sylvester sold 4,278 shares of the firm's stock in a transaction dated Wednesday, October 30th. The stock was sold at an average price of $32.25, for a total value of $137,965.50. Following the transaction, the director now owns 17,687 shares of the company's stock, valued at $570,405.75. This trade represents a 19.48 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.87% of the company's stock.

Analysts Set New Price Targets

HOG has been the subject of a number of research reports. StockNews.com upgraded Harley-Davidson from a "sell" rating to a "hold" rating in a report on Wednesday, November 27th. Citigroup cut their target price on Harley-Davidson from $39.00 to $34.00 and set a "neutral" rating on the stock in a research note on Friday, October 25th. 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 report on Thursday, November 7th. Baird R W cut Harley-Davidson from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, October 2nd. Finally, Bank of America dropped their target price on Harley-Davidson from $50.00 to $45.00 and set a "buy" rating on the stock in a research report on Tuesday, October 15th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Harley-Davidson currently has an average rating of "Hold" and an average target price of $42.57.

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.