Harley-Davidson, Inc. (NYSE:HOG) Insider Luke Christopher Mansfield Sells 3,400 Shares of Stock

Harley-Davidson, Inc. (NYSE:HOG) insider Luke Christopher Mansfield sold 3,400 shares of the firm’s stock in a transaction that occurred on Thursday, February 13th. The shares were 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 $611,487.80. The trade was a 12.61 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Harley-Davidson Stock Performance

Shares of NYSE HOG opened at $26.29 on Wednesday. The business’s 50 day moving average is $28.86 and its two-hundred day moving average is $32.98. The company has a quick ratio of 1.25, a current ratio of 1.40 and a debt-to-equity ratio of 1.41. The company has a market cap of $3.35 billion, a P/E ratio of 7.89, a P/E/G ratio of 0.36 and a beta of 1.46. Harley-Davidson, Inc. has a 12 month low of $25.25 and a 12 month high of $44.16.

Harley-Davidson (NYSE:HOG) last announced its quarterly earnings results on Wednesday, February 5th. The company reported ($0.93) EPS for the quarter, missing the consensus estimate 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 earnings per share. On average, equities analysts expect that Harley-Davidson, Inc. will post 3.65 EPS for the current 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 is a positive change from Harley-Davidson’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.72 annualized dividend and a yield of 2.74%. Harley-Davidson’s payout ratio is currently 20.72%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. UBS Group cut their price objective on Harley-Davidson from $40.00 to $35.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. 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 note on Thursday, February 6th. Citigroup cut their price objective on Harley-Davidson from $31.00 to $29.00 and set a “neutral” rating on the stock in a research note on Thursday, February 6th. DA Davidson cut their price objective on Harley-Davidson from $39.00 to $31.00 and set a “buy” rating on the stock in a research note on Tuesday, February 4th. Finally, StockNews.com raised Harley-Davidson from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Harley-Davidson currently has a consensus rating of “Hold” and an average target price of $34.57.

Institutional Trading of Harley-Davidson

Several institutional investors have recently bought and sold shares of HOG. Pacer Advisors Inc. boosted its stake in Harley-Davidson by 22,680.0% in the 3rd quarter. Pacer Advisors Inc. now owns 4,182,864 shares of the company’s stock valued at $161,166,000 after buying an additional 4,164,502 shares in the last quarter. Donald Smith & CO. Inc. acquired a new position in Harley-Davidson in the fourth quarter worth $50,368,000. Brickwood Asset Management LLP acquired a new position in Harley-Davidson in the fourth quarter worth $27,783,000. Raymond James Financial Inc. acquired a new position in Harley-Davidson in the fourth quarter worth $18,802,000. Finally, American Century Companies Inc. boosted its stake in Harley-Davidson by 14.2% in the fourth quarter. American Century Companies Inc. now owns 3,496,579 shares of the company’s stock worth $105,352,000 after purchasing an additional 435,200 shares in the last quarter. Institutional investors and hedge funds own 85.10% 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.