Future Financial Wealth Managment LLC Invests $39,000 in Harley-Davidson, Inc. (NYSE:HOG)

Future Financial Wealth Managment LLC acquired a new stake in shares of Harley-Davidson, Inc. (NYSE:HOGFree Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 896 shares of the company’s stock, valued at approximately $39,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quadrant Capital Group LLC lifted its holdings in Harley-Davidson by 95.0% during the fourth quarter. Quadrant Capital Group LLC now owns 788 shares of the company’s stock valued at $29,000 after purchasing an additional 384 shares in the last quarter. BKM Wealth Management LLC bought a new position in Harley-Davidson in the 4th quarter worth $36,000. Principal Securities Inc. purchased a new stake in Harley-Davidson in the 4th quarter worth $38,000. Lindbrook Capital LLC raised its holdings in Harley-Davidson by 66.7% during the fourth quarter. Lindbrook Capital LLC now owns 1,057 shares of the company’s stock valued at $39,000 after acquiring an additional 423 shares during the period. Finally, Signaturefd LLC lifted its position in shares of Harley-Davidson by 115.0% in the fourth quarter. Signaturefd LLC now owns 1,150 shares of the company’s stock valued at $42,000 after acquiring an additional 615 shares in the last quarter. 85.10% of the stock is owned by hedge funds and other institutional investors.

Harley-Davidson Trading Down 0.7 %

HOG opened at $33.40 on Friday. The stock has a 50-day moving average of $34.98 and a 200 day moving average of $36.54. The company has a current ratio of 1.54, a quick ratio of 1.32 and a debt-to-equity ratio of 1.50. Harley-Davidson, Inc. has a 12 month low of $25.43 and a 12 month high of $44.16. The firm has a market cap of $4.49 billion, a P/E ratio of 7.42, a P/E/G ratio of 1.09 and a beta of 1.47.

Harley-Davidson (NYSE:HOGGet Free Report) last announced its earnings results on Thursday, April 25th. The company reported $1.72 EPS for the quarter, topping analysts’ consensus estimates of $1.48 by $0.24. Harley-Davidson had a return on equity of 19.48% and a net margin of 11.03%. The firm had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.42 billion. As a group, research analysts forecast that Harley-Davidson, Inc. will post 4.46 EPS for the current year.

Harley-Davidson Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 21st. Stockholders of record on Wednesday, June 5th were paid a $0.1725 dividend. This represents a $0.69 annualized dividend and a dividend yield of 2.07%. The ex-dividend date of this dividend was Wednesday, June 5th. Harley-Davidson’s dividend payout ratio is currently 15.33%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on HOG shares. Citigroup decreased their target price on Harley-Davidson from $36.00 to $34.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 12th. Bank of America boosted their target price on shares of Harley-Davidson from $50.00 to $55.00 and gave the stock a “buy” rating in a report on Thursday, March 14th. Morgan Stanley initiated coverage on shares of Harley-Davidson in a research report on Tuesday, April 23rd. They set an “overweight” rating and a $50.00 target price for the company. BMO Capital Markets decreased their price target on shares of Harley-Davidson from $50.00 to $45.00 and set an “outperform” rating on the stock in a research note on Friday, April 26th. Finally, DA Davidson increased their price objective on shares of Harley-Davidson from $42.00 to $49.00 and gave the company a “buy” rating in a report on Thursday, April 11th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $46.00.

Get Our Latest Report on Harley-Davidson

Harley-Davidson Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Harley-Davidson (NYSE:HOG)

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