1,098 Shares in Harley-Davidson, Inc. (NYSE:HOG) Purchased by CX Institutional

CX Institutional purchased a new stake in shares of Harley-Davidson, Inc. (NYSE:HOG) in the first quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,098 shares of the company’s stock, valued at approximately $28,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HOG. Dimensional Fund Advisors LP lifted its holdings in shares of Harley-Davidson by 5.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,835,139 shares of the company’s stock valued at $205,940,000 after purchasing an additional 332,928 shares in the last quarter. LSV Asset Management lifted its stake in Harley-Davidson by 0.4% during the 4th quarter. LSV Asset Management now owns 5,498,635 shares of the company’s stock valued at $165,674,000 after acquiring an additional 19,453 shares in the last quarter. American Century Companies Inc. boosted its holdings in Harley-Davidson by 14.2% during the 4th quarter. American Century Companies Inc. now owns 3,496,579 shares of the company’s stock worth $105,352,000 after acquiring an additional 435,200 shares during the last quarter. Donald Smith & CO. Inc. bought a new stake in shares of Harley-Davidson in the 4th quarter worth $50,368,000. Finally, Brown Advisory Inc. raised its holdings in shares of Harley-Davidson by 4.8% in the fourth quarter. Brown Advisory Inc. now owns 1,568,751 shares of the company’s stock valued at $47,266,000 after purchasing an additional 71,495 shares during the last quarter. 85.10% of the stock is owned by institutional investors.

Analysts Set New Price Targets

HOG has been the topic of several analyst reports. Robert W. Baird boosted their price target on shares of Harley-Davidson from $26.00 to $28.00 and gave the stock a “neutral” rating in a report on Wednesday, May 14th. Citigroup upped their target price on Harley-Davidson from $24.00 to $27.00 and gave the company a “neutral” rating in a report on Monday. UBS Group decreased their price target on Harley-Davidson from $35.00 to $28.00 and set a “neutral” rating for the company in a research report on Thursday, February 20th. Finally, DA Davidson reissued a “buy” rating and issued a $31.00 price objective on shares of Harley-Davidson in a research report on Wednesday, April 9th. Six investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $30.00.

Harley-Davidson Trading Down 3.9%

Shares of HOG stock opened at $23.44 on Wednesday. The company has a quick ratio of 1.36, a current ratio of 1.56 and a debt-to-equity ratio of 1.56. The firm has a market cap of $2.85 billion, a P/E ratio of 8.75, a PEG ratio of 0.49 and a beta of 1.32. The company has a 50 day moving average of $23.83 and a 200-day moving average of $26.37. Harley-Davidson, Inc. has a 12-month low of $20.45 and a 12-month high of $39.93.

Harley-Davidson (NYSE:HOG) last announced its quarterly earnings data on Thursday, May 1st. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.27. The business had revenue of $315.24 million during the quarter, compared to analyst estimates of $1.12 billion. Harley-Davidson had a return on equity of 10.72% and a net margin of 7.82%. Harley-Davidson’s revenue was down 23.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.72 earnings per share. Sell-side analysts anticipate that Harley-Davidson, Inc. will post 3.44 earnings per share for the current year.

Harley-Davidson Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Monday, June 2nd will be paid a dividend of $0.18 per share. The ex-dividend date is Monday, June 2nd. This represents a $0.72 annualized dividend and a dividend yield of 3.07%. Harley-Davidson’s payout ratio is 26.87%.

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.