Harley-Davidson, Inc. (NYSE:HOG) Shares Sold by Barclays PLC

Barclays PLC trimmed its holdings in Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 46.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 152,425 shares of the company's stock after selling 130,507 shares during the period. Barclays PLC owned 0.12% of Harley-Davidson worth $4,592,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC grew its holdings in Harley-Davidson by 172.0% in the fourth quarter. Venturi Wealth Management LLC now owns 876 shares of the company's stock valued at $26,000 after purchasing an additional 554 shares during the period. Covestor Ltd grew its stake in shares of Harley-Davidson by 18.8% during the 4th quarter. Covestor Ltd now owns 4,163 shares of the company's stock valued at $125,000 after buying an additional 658 shares during the period. Global Retirement Partners LLC raised its position in shares of Harley-Davidson by 84.3% in the 4th quarter. Global Retirement Partners LLC now owns 1,850 shares of the company's stock worth $56,000 after buying an additional 846 shares during the period. Xponance Inc. increased its stake in Harley-Davidson by 6.5% during the fourth quarter. Xponance Inc. now owns 14,123 shares of the company's stock worth $426,000 after acquiring an additional 856 shares during the last quarter. Finally, Bessemer Group Inc. grew its holdings in shares of Harley-Davidson by 237.9% during the 4th quarter. Bessemer Group Inc. now owns 1,301 shares of the company's stock worth $39,000 after purchasing an additional 916 shares during the period. Hedge funds and other institutional investors own 85.10% of the company's stock.

Harley-Davidson Stock Down 3.9 %

Shares of NYSE HOG traded down $0.90 during midday trading on Wednesday, reaching $22.26. 5,787,292 shares of the company's stock were exchanged, compared to its average volume of 1,893,029. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.19 and a current ratio of 1.40. Harley-Davidson, Inc. has a 52-week low of $20.45 and a 52-week high of $39.93. The business's fifty day moving average price is $24.30 and its two-hundred day moving average price is $28.57. The stock has a market capitalization of $2.75 billion, a PE ratio of 6.68, a price-to-earnings-growth ratio of 0.38 and a beta of 1.28.

Harley-Davidson (NYSE:HOG - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The company reported ($0.93) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.65) by ($0.28). Harley-Davidson had a return on equity of 13.64% and a net margin of 9.25%. During the same period in the previous year, the company earned $0.18 EPS. Analysts forecast that Harley-Davidson, Inc. will post 3.44 EPS for the current year.

Harley-Davidson Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a $0.18 dividend. The ex-dividend date of this dividend was Friday, February 28th. This is a boost from Harley-Davidson's previous quarterly dividend of $0.17. This represents a $0.72 annualized dividend and a yield of 3.23%. Harley-Davidson's dividend payout ratio is currently 21.62%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on HOG shares. Citigroup decreased their price objective on shares of Harley-Davidson from $29.00 to $28.00 and set a "neutral" rating for the company in a research note on Wednesday, April 2nd. DA Davidson reaffirmed a "buy" rating and set a $31.00 price target on shares of Harley-Davidson in a research report on Wednesday, April 9th. Robert W. Baird cut their price objective on Harley-Davidson from $32.00 to $26.00 and set a "neutral" rating on the stock in a research report on Friday, April 4th. 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 report on Thursday, January 30th. Finally, UBS Group reduced their price target on Harley-Davidson from $35.00 to $28.00 and set a "neutral" rating on the stock in a research report on Thursday, February 20th. Six investment analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Harley-Davidson currently has a consensus rating of "Hold" and an average price target of $29.83.

Insider Buying and Selling at Harley-Davidson

In other Harley-Davidson news, insider Luke Christopher Mansfield sold 3,400 shares of the stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $25.96, for a total transaction of $88,264.00. Following the transaction, the insider now owns 23,555 shares of the company's stock, valued at $611,487.80. This trade represents a 12.61 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.93% of the stock is currently owned by insiders.

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.