62,440 Shares in Harley-Davidson, Inc. $HOG Purchased by Caxton Associates LLP

Key Points

• Caxton Associates LLP invested approximately $1.58 million in Harley-Davidson, acquiring 62,440 shares, representing about 0.05% ownership of the company.
• Several institutional investors, including Ameriprise Financial and Baird Financial, increased their stakes in Harley-Davidson during the fourth quarter, contributing to a total institutional ownership of 85.10%.
• Analysts have set a mixed outlook for Harley-Davidson, with target prices ranging from $27.00 to $34.00, and an average target price of $30.86, with the stock currently rated as "Hold" by most.

Caxton Associates LLP bought a new stake in shares of Harley-Davidson, Inc. (NYSE:HOG - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The firm bought 62,440 shares of the company's stock, valued at approximately $1,577,000. Caxton Associates LLP owned 0.05% of Harley-Davidson as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of HOG. Ameriprise Financial Inc. raised its holdings in shares of Harley-Davidson by 1.0% during the 4th quarter. Ameriprise Financial Inc. now owns 201,105 shares of the company's stock valued at $6,059,000 after buying an additional 1,974 shares during the period. Baird Financial Group Inc. raised its holdings in shares of Harley-Davidson by 95.7% during the 4th quarter. Baird Financial Group Inc. now owns 6,707 shares of the company's stock valued at $202,000 after buying an additional 3,279 shares during the period. Deutsche Bank AG grew its stake in Harley-Davidson by 7.8% during the 4th quarter. Deutsche Bank AG now owns 11,486 shares of the company's stock valued at $346,000 after purchasing an additional 831 shares in the last quarter. Lazard Asset Management LLC grew its stake in Harley-Davidson by 25.4% during the 4th quarter. Lazard Asset Management LLC now owns 52,914 shares of the company's stock valued at $1,594,000 after purchasing an additional 10,732 shares in the last quarter. Finally, MJP Associates Inc. ADV acquired a new stake in Harley-Davidson during the 4th quarter valued at approximately $305,000. 85.10% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Zacks Research upgraded Harley-Davidson from a "strong sell" rating to a "hold" rating in a research note on Monday, August 25th. Griffin Securities set a $34.00 target price on Harley-Davidson in a research note on Monday, August 25th. UBS Group reduced their target price on Harley-Davidson from $28.00 to $27.00 and set a "neutral" rating for the company in a research note on Tuesday, July 8th. Citigroup increased their target price on Harley-Davidson from $24.00 to $27.00 and gave the company a "neutral" rating in a research note on Monday, June 16th. Finally, DA Davidson lifted their target price on Harley-Davidson from $31.00 to $34.00 and gave the stock a "buy" rating in a research report on Monday, August 25th. Two research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $30.86.

Insider Transactions at Harley-Davidson

In other news, Director Rafeh Masood bought 2,068 shares of the stock in a transaction that occurred on Tuesday, August 5th. The shares were purchased at an average cost of $24.06 per share, with a total value of $49,756.08. Following the completion of the acquisition, the director directly owned 4,705 shares in the company, valued at approximately $113,202.30. The trade was a 78.42% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.93% of the stock is currently owned by insiders.

Harley-Davidson Stock Performance

HOG stock traded down $0.02 during trading on Monday, reaching $29.87. 349,680 shares of the company's stock were exchanged, compared to its average volume of 2,169,570. The company has a quick ratio of 1.20, a current ratio of 1.37 and a debt-to-equity ratio of 1.32. Harley-Davidson, Inc. has a 1-year low of $20.45 and a 1-year high of $39.93. The company's fifty day moving average price is $26.46 and its 200-day moving average price is $24.96. The firm has a market cap of $3.63 billion, a PE ratio of 15.49, a P/E/G ratio of 0.42 and a beta of 1.31.

Harley-Davidson (NYSE:HOG - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.88 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.99 by ($0.11). Harley-Davidson had a return on equity of 7.43% and a net margin of 5.76%.The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter last year, the firm posted $1.63 EPS. The company's revenue was down 19.3% compared to the same quarter last year. On average, research analysts expect that Harley-Davidson, Inc. will post 3.44 EPS for the current fiscal year.

Harley-Davidson Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Wednesday, September 10th. Harley-Davidson's payout ratio is presently 37.31%.

Harley-Davidson 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.