922,113 Shares in Harley-Davidson, Inc. (NYSE:HOG) Purchased by Brickwood Asset Management LLP

Brickwood Asset Management LLP purchased a new stake in Harley-Davidson, Inc. (NYSE:HOG - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 922,113 shares of the company's stock, valued at approximately $27,783,000. Harley-Davidson makes up 22.0% of Brickwood Asset Management LLP's holdings, making the stock its 3rd largest position. Brickwood Asset Management LLP owned 0.72% of Harley-Davidson as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Harley-Davidson by 61.6% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 630,990 shares of the company's stock valued at $19,012,000 after purchasing an additional 240,411 shares in the last quarter. Tidal Investments LLC raised its position in Harley-Davidson by 40.7% during the fourth quarter. Tidal Investments LLC now owns 17,493 shares of the company's stock valued at $527,000 after purchasing an additional 5,059 shares in the last quarter. Sherbrooke Park Advisers LLC acquired a new position in Harley-Davidson during the fourth quarter valued at approximately $783,000. Redwood Investment Management LLC acquired a new position in Harley-Davidson during the fourth quarter valued at approximately $3,686,000. Finally, Nomura Holdings Inc. acquired a new position in Harley-Davidson during the fourth quarter valued at approximately $458,000. 85.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HOG has been the subject of several research analyst reports. UBS Group lowered their price objective on shares of Harley-Davidson from $35.00 to $28.00 and set a "neutral" rating for the company in a research report on Thursday, February 20th. Morgan Stanley lowered their price target on shares of Harley-Davidson from $33.00 to $31.00 and set an "equal weight" rating for the company in a report on Thursday, February 6th. Citigroup lowered their price target on shares of Harley-Davidson from $29.00 to $28.00 and set a "neutral" rating for the company in a report on Wednesday, April 2nd. DA Davidson reiterated a "buy" rating and set a $31.00 price target on shares of Harley-Davidson in a report on Wednesday, April 9th. Finally, Bank of America reduced their price objective on shares of Harley-Davidson from $40.00 to $35.00 and set a "buy" rating on the stock in a research note on Thursday, January 30th. 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. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $30.17.

Harley-Davidson Trading Up 1.6%

Shares of Harley-Davidson stock traded up $0.38 during trading on Tuesday, hitting $24.68. The company's stock had a trading volume of 1,529,016 shares, compared to its average volume of 2,404,487. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.40 and a quick ratio of 1.19. The stock has a market cap of $3.00 billion, a price-to-earnings ratio of 7.41, a price-to-earnings-growth ratio of 0.38 and a beta of 1.30. The stock has a 50-day moving average price of $23.76 and a two-hundred day moving average price of $27.28. Harley-Davidson, Inc. has a 52 week low of $20.45 and a 52 week high of $39.93.

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

Harley-Davidson Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Monday, June 2nd will be issued 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 2.92%. Harley-Davidson's dividend payout ratio is currently 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.