RBF Capital LLC Invests $771,000 in Harley-Davidson, Inc. (NYSE:HOG)

RBF Capital LLC purchased a new stake in Harley-Davidson, Inc. (NYSE:HOG - Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 20,000 shares of the company's stock, valued at approximately $771,000.

A number of other large investors have also added to or reduced their stakes in HOG. Prospera Private Wealth LLC acquired a new stake in shares of Harley-Davidson during the 3rd quarter worth approximately $35,000. Ashton Thomas Securities LLC bought a new position in shares of Harley-Davidson in the 3rd quarter valued at $38,000. Signaturefd LLC increased its stake in shares of Harley-Davidson by 46.8% in the 2nd quarter. Signaturefd LLC now owns 1,872 shares of the company's stock valued at $63,000 after purchasing an additional 597 shares during the last quarter. Fifth Third Bancorp raised its holdings in shares of Harley-Davidson by 19.5% during the 2nd quarter. Fifth Third Bancorp now owns 1,970 shares of the company's stock worth $66,000 after buying an additional 322 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of Harley-Davidson by 19.0% during the 2nd quarter. GAMMA Investing LLC now owns 2,008 shares of the company's stock worth $67,000 after buying an additional 320 shares during the last quarter. Institutional investors and hedge funds own 85.10% of the company's stock.

Analyst Ratings Changes

Several brokerages have commented on HOG. Citigroup lowered their target price on Harley-Davidson from $39.00 to $34.00 and set a "neutral" rating for the company in a research note on Friday, October 25th. Bank of America cut their target price 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. Robert W. Baird downgraded shares of Harley-Davidson from an "outperform" rating to a "neutral" rating and lowered their price target for the stock from $44.00 to $40.00 in a report on Wednesday, October 2nd. UBS Group cut their price objective on Harley-Davidson from $40.00 to $35.00 and set a "neutral" rating on the stock in a report on Thursday, November 7th. Finally, StockNews.com raised shares of Harley-Davidson from a "sell" rating to a "hold" rating in a report on Wednesday, November 27th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $42.57.

Insider Activity

In other Harley-Davidson news, Director Maryrose Sylvester sold 4,278 shares of the business's stock in a transaction 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 sale, the director now owns 17,687 shares in the company, valued at approximately $570,405.75. The trade was a 19.48 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.87% of the company's stock.

Harley-Davidson Stock Down 1.3 %

Shares of HOG stock traded down $0.42 on Thursday, reaching $32.85. 483,623 shares of the company were exchanged, compared to its average volume of 1,692,672. 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 company has a 50-day moving average of $34.02 and a 200-day moving average of $35.00. The company has a market cap of $4.18 billion, a price-to-earnings ratio of 7.49, a PEG ratio of 0.45 and a beta of 1.47. Harley-Davidson, Inc. has a one year low of $31.15 and a one year high of $44.16.

Harley-Davidson Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Tuesday, December 10th will be paid a $0.1725 dividend. The ex-dividend date is Tuesday, December 10th. This represents a $0.69 dividend on an annualized basis and a yield of 2.10%. Harley-Davidson's dividend payout ratio (DPR) is presently 15.54%.

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.