State Street Corp Has $146.23 Million Position in Harley-Davidson, Inc. (NYSE:HOG)

State Street Corp cut its stake in Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 1.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,795,193 shares of the company's stock after selling 40,651 shares during the period. State Street Corp owned about 2.98% of Harley-Davidson worth $146,229,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Mork Capital Management LLC acquired a new stake in shares of Harley-Davidson in the third quarter valued at approximately $1,926,000. Quantinno Capital Management LP grew its stake in shares of Harley-Davidson by 151.3% in the third quarter. Quantinno Capital Management LP now owns 50,475 shares of the company's stock valued at $1,945,000 after acquiring an additional 30,388 shares in the last quarter. Quantbot Technologies LP increased its holdings in shares of Harley-Davidson by 190.4% during the third quarter. Quantbot Technologies LP now owns 172,258 shares of the company's stock worth $6,637,000 after purchasing an additional 112,948 shares during the period. LSV Asset Management increased its stake in Harley-Davidson by 17.3% during the 2nd quarter. LSV Asset Management now owns 5,705,775 shares of the company's stock worth $191,372,000 after acquiring an additional 842,407 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake 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 valued at $209,576,000 after purchasing an additional 708,260 shares in the last quarter. 85.10% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Harley-Davidson

In other Harley-Davidson news, Director Maryrose Sylvester sold 4,278 shares of Harley-Davidson stock in a transaction on Wednesday, October 30th. The shares were sold at an average price of $32.25, for a total value of $137,965.50. Following the completion of the sale, the director now directly owns 17,687 shares of the company's stock, valued at approximately $570,405.75. The trade was a 19.48 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.87% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on HOG shares. Citigroup cut 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. Baird R W lowered shares of Harley-Davidson from a "strong-buy" rating to a "hold" rating in a report on Wednesday, October 2nd. Bank of America dropped their price objective on shares of Harley-Davidson from $50.00 to $45.00 and set a "buy" rating for the company in a research note on Tuesday, October 15th. UBS Group lowered their price target 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, StockNews.com upgraded Harley-Davidson from a "sell" rating to a "hold" rating in a research note on Wednesday, November 27th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $42.57.

Harley-Davidson Trading Down 1.3 %

HOG traded down $0.44 during midday trading on Friday, hitting $32.59. 1,424,061 shares of the company were exchanged, compared to its average volume of 1,683,650. The firm has a market capitalization of $4.15 billion, a P/E ratio of 7.34, a P/E/G ratio of 0.45 and a beta of 1.47. The firm's 50 day moving average price is $33.44 and its 200-day moving average price is $34.90. The company has a quick ratio of 1.25, a current ratio of 1.41 and a debt-to-equity ratio of 1.38. Harley-Davidson, Inc. has a 1-year low of $31.32 and a 1-year high of $44.16.

Harley-Davidson Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Tuesday, December 10th will be issued a $0.1725 dividend. The ex-dividend date of this dividend is Tuesday, December 10th. This represents a $0.69 annualized dividend and a yield of 2.12%. Harley-Davidson's payout ratio is 15.54%.

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.