Advisor OS LLC Takes Position in Harley-Davidson, Inc. (NYSE:HOG)

Advisor OS LLC bought a new stake in shares of Harley-Davidson, Inc. (NYSE:HOG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 11,988 shares of the company’s stock, valued at approximately $361,000.

Other institutional investors have also recently modified their holdings of the company. Venturi Wealth Management LLC grew its position in shares of Harley-Davidson by 172.0% during the 4th quarter. Venturi Wealth Management LLC now owns 876 shares of the company’s stock valued at $26,000 after acquiring an additional 554 shares during the period. Prospera Private Wealth LLC acquired a new stake in Harley-Davidson in the 3rd quarter worth about $35,000. Ashton Thomas Securities LLC acquired a new stake in Harley-Davidson in the 3rd quarter worth about $38,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Harley-Davidson in the 4th quarter worth about $42,000. Finally, Global Retirement Partners LLC boosted its holdings in Harley-Davidson by 84.3% in the 4th quarter. Global Retirement Partners LLC now owns 1,850 shares of the company’s stock worth $56,000 after buying an additional 846 shares during the last quarter. 85.10% of the stock is currently owned by institutional investors and hedge funds.

Harley-Davidson Stock Up 0.1 %

Harley-Davidson stock opened at $26.36 on Friday. Harley-Davidson, Inc. has a twelve month low of $25.25 and a twelve month high of $44.16. The stock’s fifty day simple moving average is $28.12 and its 200-day simple moving average is $32.58. The company has a current ratio of 1.40, a quick ratio of 1.19 and a debt-to-equity ratio of 1.41. The firm has a market capitalization of $3.36 billion, a P/E ratio of 7.91, a P/E/G ratio of 0.38 and a beta of 1.46.

Harley-Davidson (NYSE:HOG) last posted 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 return on equity of 13.64% and a net margin of 9.25%. During the same period in the previous year, the business posted $0.18 EPS. As a group, equities analysts expect that Harley-Davidson, Inc. will post 3.44 earnings per share for the current fiscal year.

Harley-Davidson Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.73%. This is a positive change from Harley-Davidson’s previous quarterly dividend of $0.17. Harley-Davidson’s dividend payout ratio is currently 21.62%.

Analyst Upgrades and Downgrades

HOG has been the topic of several research analyst reports. UBS Group lowered their price objective on Harley-Davidson from $35.00 to $28.00 and set a “neutral” rating on the stock in a report on Thursday, February 20th. Citigroup lowered their price objective on Harley-Davidson from $31.00 to $29.00 and set a “neutral” rating on the stock in a report on Thursday, February 6th. Robert W. Baird lowered their price objective on Harley-Davidson from $40.00 to $36.00 and set a “neutral” rating on the stock in a report on Tuesday, December 31st. Bank of America lowered their target price on Harley-Davidson from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Thursday, January 30th. Finally, Morgan Stanley reduced their price target on shares of 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. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $33.57.

Insider Transactions at Harley-Davidson

In related news, insider Luke Christopher Mansfield sold 3,400 shares of the business’s stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $25.96, for a total transaction of $88,264.00. Following the completion of the transaction, the insider now owns 23,555 shares in the company, valued at approximately $611,487.80. The trade was a 12.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.87% of the company’s stock.

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.