Harley-Davidson, Inc. (NYSE:HOG) Shares Bought by Vontobel Holding Ltd.

Vontobel Holding Ltd. increased its position in Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 187.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 26,201 shares of the company's stock after buying an additional 17,086 shares during the quarter. Vontobel Holding Ltd.'s holdings in Harley-Davidson were worth $789,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Prospera Private Wealth LLC acquired a new stake in Harley-Davidson during the third quarter worth about $35,000. Ashton Thomas Securities LLC purchased a new stake in shares of Harley-Davidson during the 3rd quarter worth about $38,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Harley-Davidson during the 4th quarter worth approximately $42,000. Brooklyn Investment Group acquired a new stake in Harley-Davidson during the 3rd quarter worth approximately $79,000. Finally, Covestor Ltd raised its holdings in Harley-Davidson by 14.7% in the third 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. 85.10% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on HOG. Robert W. Baird dropped their price objective on shares of Harley-Davidson from $40.00 to $36.00 and set a "neutral" rating for the company in a research report on Tuesday, December 31st. Bank of America lowered their price target on Harley-Davidson from $40.00 to $35.00 and set a "buy" rating for the company in a report on Thursday, January 30th. Morgan Stanley cut their price objective on Harley-Davidson from $33.00 to $31.00 and set an "equal weight" rating on the stock in a research report on Thursday, February 6th. DA Davidson decreased their target price on Harley-Davidson from $39.00 to $31.00 and set a "buy" rating for the company in a research report on Tuesday, February 4th. Finally, Citigroup dropped their target price on Harley-Davidson from $31.00 to $29.00 and set a "neutral" rating on the stock in a report on Thursday, February 6th. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $33.57.

Harley-Davidson Stock Down 1.8 %

Shares of Harley-Davidson stock traded down $0.48 during trading hours on Friday, hitting $26.47. 1,760,286 shares of the company's stock traded hands, compared to its average volume of 2,287,987. Harley-Davidson, Inc. has a twelve month low of $25.25 and a twelve month high of $44.16. The company has a market cap of $3.37 billion, a PE ratio of 7.95, a PEG ratio of 0.37 and a beta of 1.46. The company has a quick ratio of 1.19, a current ratio of 1.40 and a debt-to-equity ratio of 1.41. The stock has a 50 day simple moving average of $28.61 and a 200-day simple moving average of $32.90.

Harley-Davidson (NYSE:HOG - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported ($0.93) earnings per share for the quarter, missing analysts' consensus estimates of ($0.65) by ($0.28). Harley-Davidson had a net margin of 9.25% and a return on equity of 13.64%. During the same period last year, the business posted $0.18 EPS. Equities research analysts anticipate that Harley-Davidson, Inc. will post 3.44 earnings per share for the current fiscal year.

Harley-Davidson Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date is Friday, February 28th. This is a positive change from Harley-Davidson's previous quarterly dividend of $0.17. Harley-Davidson's payout ratio is 20.72%.

Insider Activity at Harley-Davidson

In related news, insider Luke Christopher Mansfield sold 3,400 shares of Harley-Davidson stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $25.96, for a total value of $88,264.00. Following the completion of the transaction, the insider now directly owns 23,555 shares in the company, valued at approximately $611,487.80. This trade represents a 12.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.87% of the stock is currently owned by corporate insiders.

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.