Natixis Advisors LLC Has $400,000 Stake in Harley-Davidson, Inc. (NYSE:HOG)

Natixis Advisors LLC decreased its position in Harley-Davidson, Inc. (NYSE:HOG) by 19.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,836 shares of the company’s stock after selling 3,822 shares during the period. Natixis Advisors LLC’s holdings in Harley-Davidson were worth $400,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Federated Hermes Inc. raised its holdings in shares of Harley-Davidson by 23.3% during the fourth quarter. Federated Hermes Inc. now owns 16,124 shares of the company’s stock valued at $486,000 after purchasing an additional 3,051 shares during the period. Invesco Ltd. increased its position in shares of Harley-Davidson by 12.6% during the fourth quarter. Invesco Ltd. now owns 707,030 shares of the company’s stock worth $21,303,000 after acquiring an additional 79,374 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Harley-Davidson during the fourth quarter worth about $18,802,000. Bessemer Group Inc. increased its position in shares of Harley-Davidson by 237.9% during the fourth quarter. Bessemer Group Inc. now owns 1,301 shares of the company’s stock worth $39,000 after acquiring an additional 916 shares in the last quarter. Finally, Sterling Capital Management LLC increased its position in shares of Harley-Davidson by 57.6% during the fourth quarter. Sterling Capital Management LLC now owns 7,273 shares of the company’s stock worth $219,000 after acquiring an additional 2,659 shares in the last quarter. Institutional investors and hedge funds own 85.10% of the company’s stock.

Harley-Davidson Stock Performance

Shares of HOG stock opened at $24.16 on Tuesday. The stock has a market capitalization of $2.94 billion, a P/E ratio of 12.52, a PEG ratio of 0.40 and a beta of 1.29. The company has a current ratio of 1.37, a quick ratio of 1.20 and a debt-to-equity ratio of 1.32. The firm’s 50 day moving average is $24.27 and its 200 day moving average is $24.59. Harley-Davidson, Inc. has a 12 month low of $20.45 and a 12 month high of $39.93.

Harley-Davidson (NYSE:HOG) last posted its earnings results on Wednesday, July 30th. The company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.11). Harley-Davidson had a return on equity of 7.43% and a net margin of 5.76%. The firm had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the prior year, the company earned $1.63 earnings per share. The business’s revenue for the quarter was down 19.3% compared to the same quarter last year. On average, sell-side analysts anticipate that Harley-Davidson, Inc. will post 3.44 earnings per share for the current year.

Harley-Davidson Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Monday, June 2nd were paid a $0.18 dividend. The ex-dividend date was Monday, June 2nd. This represents a $0.72 annualized dividend and a yield of 3.0%. Harley-Davidson’s dividend payout ratio is currently 37.31%.

Insider Transactions at Harley-Davidson

In related news, Director Rafeh Masood acquired 2,068 shares of the stock in a transaction dated Tuesday, August 5th. The shares were purchased at an average price of $24.06 per share, for a total transaction of $49,756.08. Following the transaction, the director owned 4,705 shares in the company, valued at $113,202.30. This represents a 78.42% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. 0.93% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Robert W. Baird boosted their target price on shares of Harley-Davidson from $26.00 to $28.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 14th. Citigroup upped their price objective on shares of Harley-Davidson from $24.00 to $27.00 and gave the stock a “neutral” rating in a research report on Monday, June 16th. Finally, UBS Group reduced their price objective on shares of Harley-Davidson from $28.00 to $27.00 and set a “neutral” rating for the company in a research report on Tuesday, July 8th. Six research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Harley-Davidson presently has a consensus rating of “Hold” and a consensus target price of $29.83.

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.