Harley-Davidson, Inc. (NYSE:HOG) Stake Increased by SG Americas Securities LLC

SG Americas Securities LLC increased its stake in Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 98.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 52,777 shares of the company's stock after buying an additional 26,231 shares during the period. SG Americas Securities LLC's holdings in Harley-Davidson were worth $1,333,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Versant Capital Management Inc increased its stake in Harley-Davidson by 3,514.8% during the first quarter. Versant Capital Management Inc now owns 976 shares of the company's stock valued at $25,000 after purchasing an additional 949 shares during the last quarter. Venturi Wealth Management LLC boosted its holdings in shares of Harley-Davidson by 172.0% during the fourth quarter. Venturi Wealth Management LLC now owns 876 shares of the company's stock valued at $26,000 after acquiring an additional 554 shares during the period. UMB Bank n.a. boosted its holdings in shares of Harley-Davidson by 153.6% during the first quarter. UMB Bank n.a. now owns 1,306 shares of the company's stock valued at $33,000 after acquiring an additional 791 shares during the period. Bessemer Group Inc. boosted its holdings in shares of Harley-Davidson by 237.9% during the fourth quarter. Bessemer Group Inc. now owns 1,301 shares of the company's stock valued at $39,000 after acquiring an additional 916 shares during the period. Finally, Global Retirement Partners LLC boosted its holdings in shares of Harley-Davidson by 84.3% during the fourth quarter. Global Retirement Partners LLC now owns 1,850 shares of the company's stock valued at $56,000 after acquiring an additional 846 shares during the period. Institutional investors own 85.10% of the company's stock.

Harley-Davidson Price Performance

Shares of NYSE HOG opened at $24.36 on Tuesday. Harley-Davidson, Inc. has a twelve month low of $20.45 and a twelve month high of $39.93. The company has a current ratio of 1.40, a quick ratio of 1.19 and a debt-to-equity ratio of 1.41. The company has a market capitalization of $2.96 billion, a price-to-earnings ratio of 7.32, a PEG ratio of 0.38 and a beta of 1.32. The firm has a 50-day moving average of $23.84 and a two-hundred day moving average of $26.39.

Harley-Davidson (NYSE:HOG - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The company reported $1.07 earnings per share for the quarter, beating analysts' consensus estimates of $0.80 by $0.27. The company had revenue of $315.24 million during the quarter, compared to the consensus estimate of $1.12 billion. Harley-Davidson had a net margin of 9.25% and a return on equity of 13.64%. Harley-Davidson's revenue was down 23.2% on a year-over-year basis. During the same period in the prior year, the company earned $1.72 EPS. As a group, analysts expect that Harley-Davidson, Inc. will post 3.44 earnings per share 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. Shareholders 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 yield of 2.96%. Harley-Davidson's payout ratio is presently 26.87%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on HOG. Robert W. Baird upped their price objective on shares of Harley-Davidson from $26.00 to $28.00 and gave the stock a "neutral" rating in a report on Wednesday, May 14th. DA Davidson reaffirmed a "buy" rating and issued a $31.00 price objective on shares of Harley-Davidson in a report on Wednesday, April 9th. UBS Group reduced their price objective on shares of Harley-Davidson from $35.00 to $28.00 and set a "neutral" rating for the company in a report on Thursday, February 20th. Finally, Citigroup upped their price objective on shares of Harley-Davidson from $24.00 to $27.00 and gave the stock a "neutral" rating in a report on Monday. Six equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $30.00.

Harley-Davidson Company 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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