American Century Companies Inc. Grows Stock Holdings in Harley-Davidson, Inc. $HOG

American Century Companies Inc. lifted its position in Harley-Davidson, Inc. (NYSE:HOG) by 3.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,884,107 shares of the company’s stock after buying an additional 117,686 shares during the period. American Century Companies Inc. owned approximately 3.20% of Harley-Davidson worth $91,665,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. AXQ Capital LP acquired a new stake in Harley-Davidson in the second quarter valued at approximately $377,000. Entropy Technologies LP acquired a new position in shares of Harley-Davidson during the second quarter worth $1,116,000. Ontario Teachers Pension Plan Board purchased a new stake in shares of Harley-Davidson during the 2nd quarter valued at $792,000. Intech Investment Management LLC boosted its position in shares of Harley-Davidson by 27.4% in the 2nd quarter. Intech Investment Management LLC now owns 25,631 shares of the company’s stock worth $605,000 after purchasing an additional 5,507 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of Harley-Davidson by 2.6% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 28,093 shares of the company’s stock worth $663,000 after purchasing an additional 700 shares in the last quarter. Institutional investors own 85.10% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Morgan Stanley reduced their target price on Harley-Davidson from $25.00 to $21.00 and set an “underweight” rating on the stock in a research report on Wednesday, November 19th. UBS Group dropped their price target on Harley-Davidson from $28.00 to $27.00 and set a “neutral” rating on the stock in a research note on Thursday, November 13th. DA Davidson cut their price objective on shares of Harley-Davidson from $34.00 to $30.00 and set a “buy” rating on the stock in a report on Monday, November 10th. Weiss Ratings raised shares of Harley-Davidson from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, October 8th. Finally, Loop Capital started coverage on shares of Harley-Davidson in a research report on Tuesday. They set a “hold” rating and a $21.00 target price on the stock. Two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Harley-Davidson has an average rating of “Hold” and a consensus target price of $27.88.

Harley-Davidson Price Performance

NYSE:HOG opened at $24.19 on Wednesday. The firm’s fifty day moving average is $26.59 and its two-hundred day moving average is $25.99. The firm has a market cap of $2.86 billion, a price-to-earnings ratio of 12.53, a PEG ratio of 0.40 and a beta of 1.39. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.20 and a current ratio of 1.37. Harley-Davidson, Inc. has a one year low of $20.45 and a one year high of $34.37.

Harley-Davidson (NYSE:HOG) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $3.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $1.72. Harley-Davidson had a return on equity of 7.43% and a net margin of 5.76%.The business had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.01 billion. Research analysts expect that Harley-Davidson, Inc. will post 3.44 EPS for the current year.

Harley-Davidson Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 22nd. Shareholders of record on Tuesday, December 9th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, December 9th. This represents a $0.72 dividend on an annualized basis and a yield of 3.0%. Harley-Davidson’s payout ratio is presently 17.48%.

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.