Twelve Points Wealth Management LLC Has $1.56 Million Stock Holdings in Harley-Davidson, Inc. (NYSE:HOG)

Twelve Points Wealth Management LLC boosted its position in shares of Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 24.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,717 shares of the company's stock after acquiring an additional 10,245 shares during the quarter. Twelve Points Wealth Management LLC's holdings in Harley-Davidson were worth $1,558,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MML Investors Services LLC raised its position in Harley-Davidson by 4.7% during the third quarter. MML Investors Services LLC now owns 8,430 shares of the company's stock worth $325,000 after acquiring an additional 379 shares in the last quarter. Covestor Ltd raised its position in Harley-Davidson by 14.7% during the third quarter. Covestor Ltd now owns 3,505 shares of the company's stock worth $135,000 after acquiring an additional 448 shares in the last quarter. GAMMA Investing LLC raised its position 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 acquiring an additional 494 shares in the last quarter. Blue Trust Inc. raised its position in Harley-Davidson by 23.5% during the third quarter. Blue Trust Inc. now owns 3,659 shares of the company's stock worth $141,000 after acquiring an additional 697 shares in the last quarter. Finally, Victory Capital Management Inc. raised its position in Harley-Davidson by 3.0% during the third quarter. Victory Capital Management Inc. now owns 27,611 shares of the company's stock worth $1,064,000 after acquiring an additional 807 shares in the last quarter. 85.10% of the stock is owned by institutional investors.

Harley-Davidson Stock Performance

Shares of HOG stock traded up $0.23 on Wednesday, hitting $27.69. The company's stock had a trading volume of 1,204,633 shares, compared to its average volume of 1,752,238. The company has a market capitalization of $3.53 billion, a PE ratio of 6.24, a PEG ratio of 0.34 and a beta of 1.48. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.25 and a current ratio of 1.41. Harley-Davidson, Inc. has a fifty-two week low of $27.18 and a fifty-two week high of $44.16. The stock's 50 day moving average is $30.95 and its 200-day moving average is $34.00.

Harley-Davidson Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Tuesday, December 10th were given a dividend of $0.1725 per share. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $0.69 annualized dividend and a dividend yield of 2.49%. Harley-Davidson's dividend payout ratio is 15.54%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on HOG shares. Citigroup dropped their price target on shares of Harley-Davidson from $34.00 to $31.00 and set a "neutral" rating on the stock in a research report on Thursday, January 23rd. Morgan Stanley downgraded shares of Harley-Davidson from an "overweight" rating to an "equal weight" rating and decreased their price objective for the company from $40.00 to $33.00 in a 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. Baird R W downgraded shares of Harley-Davidson from a "strong-buy" rating to a "hold" rating in a report on Wednesday, October 2nd. Finally, Bank of America decreased their price objective on shares of Harley-Davidson from $50.00 to $45.00 and set a "buy" rating on the stock in a report on Tuesday, October 15th. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $39.14.

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.