10,112 Shares in Harley-Davidson, Inc. (NYSE:HOG) Acquired by MJP Associates Inc. ADV

MJP Associates Inc. ADV purchased a new position in shares of Harley-Davidson, Inc. (NYSE:HOG - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 10,112 shares of the company's stock, valued at approximately $305,000.

Several other large investors also recently made changes to their positions in HOG. Venturi Wealth Management LLC boosted its stake in shares of Harley-Davidson by 172.0% during the 4th quarter. Venturi Wealth Management LLC now owns 876 shares of the company's stock worth $26,000 after acquiring an additional 554 shares in the last quarter. Bessemer Group Inc. boosted its stake in Harley-Davidson by 237.9% during the 4th quarter. Bessemer Group Inc. now owns 1,301 shares of the company's stock valued at $39,000 after purchasing an additional 916 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in Harley-Davidson during the 4th quarter valued at approximately $42,000. Global Retirement Partners LLC boosted its stake in Harley-Davidson by 84.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,850 shares of the company's stock valued at $56,000 after purchasing an additional 846 shares during the period. Finally, National Bank of Canada FI boosted its stake in Harley-Davidson by 201.8% during the 4th quarter. National Bank of Canada FI now owns 1,889 shares of the company's stock valued at $57,000 after purchasing an additional 1,263 shares during the period. Institutional investors own 85.10% of the company's stock.

Harley-Davidson Stock Performance

Harley-Davidson stock traded up $0.31 during trading hours on Friday, hitting $24.71. The stock had a trading volume of 1,391,134 shares, compared to its average volume of 1,902,212. The company has a 50-day moving average of $23.76 and a two-hundred day moving average of $27.63. The company has a quick ratio of 1.19, a current ratio of 1.40 and a debt-to-equity ratio of 1.41. The company has a market cap of $3.00 billion, a PE ratio of 7.42, a price-to-earnings-growth ratio of 0.38 and a beta of 1.30. Harley-Davidson, Inc. has a fifty-two week low of $20.45 and a fifty-two week high of $39.93.

Harley-Davidson (NYSE:HOG - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.80 by $0.27. Harley-Davidson had a return on equity of 13.64% and a net margin of 9.25%. The business had revenue of $315.24 million during the quarter, compared to analysts' expectations of $1.12 billion. During the same period in the prior year, the firm posted $1.72 EPS. Harley-Davidson's quarterly revenue was down 23.2% compared to the same quarter last year. On average, equities research analysts anticipate that Harley-Davidson, Inc. will post 3.44 EPS for the current fiscal year.

Harley-Davidson Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Monday, June 2nd will be issued a $0.18 dividend. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.91%. Harley-Davidson's payout ratio is presently 26.87%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on HOG. UBS Group decreased their target price on Harley-Davidson from $35.00 to $28.00 and set a "neutral" rating for the company in a research note on Thursday, February 20th. Morgan Stanley decreased their target price on Harley-Davidson from $33.00 to $31.00 and set an "equal weight" rating for the company in a research note on Thursday, February 6th. Bank of America decreased their target price on Harley-Davidson from $40.00 to $35.00 and set a "buy" rating for the company in a research note on Thursday, January 30th. Robert W. Baird increased their target price on Harley-Davidson from $26.00 to $28.00 and gave the company a "neutral" rating in a research note on Wednesday. Finally, DA Davidson reaffirmed a "buy" rating and issued a $31.00 price target on shares of Harley-Davidson in a report on Wednesday, April 9th. Six investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $30.17.

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.