Crossmark Global Holdings Inc. Acquires 20,473 Shares of Harley-Davidson, Inc. (NYSE:HOG)

Crossmark Global Holdings Inc. grew its position in shares of Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 27.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 95,694 shares of the company's stock after purchasing an additional 20,473 shares during the period. Crossmark Global Holdings Inc. owned about 0.08% of Harley-Davidson worth $2,416,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in HOG. Donald Smith & CO. Inc. purchased a new stake in shares of Harley-Davidson in the 4th quarter worth approximately $50,368,000. Brickwood Asset Management LLP purchased a new stake in shares of Harley-Davidson in the 4th quarter worth approximately $27,783,000. Raymond James Financial Inc. purchased a new stake in shares of Harley-Davidson in the 4th quarter worth approximately $18,802,000. American Century Companies Inc. grew its stake in shares of Harley-Davidson by 14.2% in the 4th quarter. American Century Companies Inc. now owns 3,496,579 shares of the company's stock worth $105,352,000 after buying an additional 435,200 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Harley-Davidson in the 4th quarter worth approximately $11,010,000. Institutional investors own 85.10% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on HOG shares. DA Davidson restated a "buy" rating and issued a $31.00 price target on shares of Harley-Davidson in a research note on Wednesday, April 9th. Robert W. Baird upped their price target on Harley-Davidson from $26.00 to $28.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 14th. UBS Group cut their target price on Harley-Davidson from $28.00 to $27.00 and set a "neutral" rating on the stock in a research note on Tuesday. Finally, 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. Six research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $29.83.

Harley-Davidson Stock Performance

Shares of HOG stock traded down $0.47 on Friday, reaching $24.64. The stock had a trading volume of 775,100 shares, compared to its average volume of 1,939,242. The stock has a market cap of $2.99 billion, a P/E ratio of 9.19, a price-to-earnings-growth ratio of 0.50 and a beta of 1.30. Harley-Davidson, Inc. has a 1 year low of $20.45 and a 1 year high of $39.93. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.36 and a current ratio of 1.56. The company has a 50 day simple moving average of $24.37 and a 200 day simple moving average of $25.40.

Harley-Davidson (NYSE:HOG - Get Free Report) last released its quarterly 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. The firm had revenue of $315.24 million for the quarter, compared to the consensus estimate of $1.12 billion. Harley-Davidson had a return on equity of 10.72% and a net margin of 7.82%. The company's revenue for the quarter was down 23.2% on a year-over-year basis. During the same period last year, the business posted $1.72 EPS. Equities research analysts expect that Harley-Davidson, Inc. will post 3.44 EPS for the current year.

Harley-Davidson Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Monday, June 2nd were given a dividend of $0.18 per share. The ex-dividend date was Monday, June 2nd. This represents a $0.72 annualized dividend and a yield of 2.92%. Harley-Davidson's dividend payout ratio (DPR) is presently 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.