SG Americas Securities LLC Purchases New Stake in Harley-Davidson, Inc. (NYSE:HOG)

SG Americas Securities LLC acquired a new position in shares of Harley-Davidson, Inc. (NYSE:HOG - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 26,546 shares of the company's stock, valued at approximately $800,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HOG. MML Investors Services LLC increased its stake in Harley-Davidson by 4.7% in the third quarter. MML Investors Services LLC now owns 8,430 shares of the company's stock valued at $325,000 after purchasing an additional 379 shares during the last quarter. Covestor Ltd increased its stake in Harley-Davidson by 14.7% in the 3rd quarter. Covestor Ltd now owns 3,505 shares of the company's stock valued at $135,000 after buying an additional 448 shares during the period. GAMMA Investing LLC raised its holdings in Harley-Davidson by 24.6% during the third quarter. GAMMA Investing LLC now owns 2,502 shares of the company's stock worth $96,000 after purchasing an additional 494 shares in the last quarter. Blue Trust Inc. raised its stake in shares of Harley-Davidson by 23.5% during the 3rd quarter. Blue Trust Inc. now owns 3,659 shares of the company's stock worth $141,000 after buying an additional 697 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in Harley-Davidson by 3.0% in the third quarter. Victory Capital Management Inc. now owns 27,611 shares of the company's stock valued at $1,064,000 after acquiring an additional 807 shares during the period. Institutional investors and hedge funds own 85.10% of the company's stock.

Analyst Ratings Changes

HOG has been the subject of a number of research reports. Morgan Stanley downgraded shares of Harley-Davidson from an "overweight" rating to an "equal weight" rating and reduced their price target for the company from $40.00 to $33.00 in a research report on Tuesday, January 21st. StockNews.com upgraded shares of Harley-Davidson from a "sell" rating to a "hold" rating in a report on Wednesday, November 27th. 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. UBS Group lowered their target price on shares of Harley-Davidson from $40.00 to $35.00 and set a "neutral" rating for the company in a report on Thursday, November 7th. Finally, Baird R W downgraded Harley-Davidson from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, October 2nd. Six analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $37.71.

Harley-Davidson Stock Up 0.2 %

Shares of NYSE HOG traded up $0.07 during trading on Thursday, reaching $27.58. 2,292,343 shares of the stock were exchanged, compared to its average volume of 1,848,902. Harley-Davidson, Inc. has a twelve month low of $27.18 and a twelve month high of $44.16. The company has a market capitalization of $3.51 billion, a price-to-earnings ratio of 6.21, a price-to-earnings-growth ratio of 0.34 and a beta of 1.48. 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 moving average price is $30.85 and its 200 day moving average price is $33.95.

Harley-Davidson Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Tuesday, December 10th were given a dividend of $0.1725 per share. This represents a $0.69 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date was Tuesday, December 10th. Harley-Davidson's payout ratio is 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.