SG Americas Securities LLC Purchases 26,231 Shares of Harley-Davidson, Inc. (NYSE:HOG)

SG Americas Securities LLC raised its holdings in shares of Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 98.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 52,777 shares of the company's stock after purchasing 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 quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Donald Smith & CO. Inc. bought a new position in shares of Harley-Davidson in the fourth quarter worth about $50,368,000. Brickwood Asset Management LLP purchased a new stake in Harley-Davidson during the 4th quarter valued at approximately $27,783,000. Raymond James Financial Inc. bought a new stake in shares of Harley-Davidson during the fourth quarter valued at approximately $18,802,000. American Century Companies Inc. lifted its holdings in shares of Harley-Davidson by 14.2% in the fourth 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 in the last quarter. Finally, Norges Bank purchased a new position in Harley-Davidson during the fourth quarter valued at $11,010,000. Institutional investors own 85.10% of the company's stock.

Analyst Ratings Changes

Several analysts have commented on the stock. Robert W. Baird boosted their price target on shares of 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 price target on shares of Harley-Davidson from $35.00 to $28.00 and set a "neutral" rating on the stock in a report on Thursday, February 20th. Citigroup lifted their price objective on shares of Harley-Davidson from $24.00 to $27.00 and gave the company a "neutral" rating in a report on Monday. Finally, DA Davidson restated a "buy" rating and issued a $31.00 target price on shares of Harley-Davidson in a research note on Wednesday, April 9th. Six research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $30.00.

Harley-Davidson Stock Down 0.1%

Harley-Davidson stock traded down $0.03 during midday trading on Friday, hitting $23.34. 722,362 shares of the company's stock were exchanged, compared to its average volume of 2,288,715. 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 market cap of $2.84 billion, a PE ratio of 8.71, a P/E/G ratio of 0.47 and a beta of 1.32. The firm has a 50-day moving average of $23.86 and a two-hundred day moving average of $26.27. Harley-Davidson, Inc. has a 12 month low of $20.45 and a 12 month high of $39.93.

Harley-Davidson (NYSE:HOG - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported $1.07 earnings per share (EPS) for the quarter, beating 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 net margin of 7.82% and a return on equity of 10.72%. The company's quarterly revenue was down 23.2% on a year-over-year basis. During the same period last year, the firm earned $1.72 earnings per share. As a group, analysts expect that Harley-Davidson, Inc. will post 3.44 earnings per share for the current fiscal year.

Harley-Davidson Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Monday, June 2nd were given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 3.08%. The ex-dividend date of this dividend was Monday, June 2nd. Harley-Davidson's payout ratio is 26.87%.

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.