Harley-Davidson, Inc. $HOG Shares Acquired by Vanguard Personalized Indexing Management LLC

Key Points

• Vanguard Personalized Indexing Management LLC increased its stake in Harley-Davidson, acquiring an additional 10,773 shares for a total of 25,640 shares, valuing their holdings at approximately $605,000.
• Harley-Davidson recently reported $0.88 EPS for the quarter, which missed analyst expectations of $0.99, although they reported revenue of $1.31 billion, exceeding estimates of $1.09 billion.
• The company declared a quarterly dividend of $0.18 per share, resulting in a dividend yield of 2.6% and a payout ratio of 37.31%.

Vanguard Personalized Indexing Management LLC increased its position in Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 72.5% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 25,640 shares of the company's stock after purchasing an additional 10,773 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in Harley-Davidson were worth $605,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Assetmark Inc. lifted its holdings in Harley-Davidson by 209.7% during the 1st quarter. Assetmark Inc. now owns 1,053 shares of the company's stock worth $27,000 after buying an additional 713 shares during the last quarter. Financial Harvest LLC bought a new position in Harley-Davidson during the first quarter worth $30,000. IMG Wealth Management Inc. bought a new position in Harley-Davidson during the first quarter worth $48,000. UMB Bank n.a. boosted its holdings in Harley-Davidson by 68.3% in the second quarter. UMB Bank n.a. now owns 2,198 shares of the company's stock worth $52,000 after purchasing an additional 892 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in Harley-Davidson by 52.3% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,110 shares of the company's stock valued at $53,000 after purchasing an additional 725 shares during the last quarter. 85.10% of the stock is owned by institutional investors.

Insiders Place Their Bets

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 owned by corporate insiders.

Harley-Davidson Trading Up 2.2%

Shares of NYSE:HOG opened at $27.27 on Wednesday. The company has a 50 day moving average of $28.40 and a 200-day moving average of $25.48. The company has a current ratio of 1.37, a quick ratio of 1.20 and a debt-to-equity ratio of 1.32. The firm has a market cap of $3.31 billion, a P/E ratio of 14.13, a P/E/G ratio of 0.38 and a beta of 1.27. Harley-Davidson, Inc. has a twelve month low of $20.45 and a twelve month high of $35.25.

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

Harley-Davidson Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th were issued a $0.18 dividend. The ex-dividend date was Wednesday, September 10th. This represents a $0.72 annualized dividend and a dividend yield of 2.6%. Harley-Davidson's dividend payout ratio is 37.31%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. DA Davidson lifted their price target on shares of Harley-Davidson from $31.00 to $34.00 and gave the company a "buy" rating in a report on Monday, August 25th. Griffin Securities set a $34.00 target price on Harley-Davidson in a research note on Monday, August 25th. Weiss Ratings upgraded Harley-Davidson from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Wednesday, October 8th. UBS Group boosted their price objective on Harley-Davidson from $27.00 to $28.00 and gave the company a "neutral" rating in a research report on Thursday, October 2nd. Finally, Zacks Research upgraded Harley-Davidson from a "strong sell" rating to a "hold" rating in a research note on Monday, August 25th. Two equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $31.00.

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.

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