Harley-Davidson, Inc. (NYSE:HOG) Shares Acquired by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 61.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 630,990 shares of the company's stock after buying an additional 240,411 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.50% of Harley-Davidson worth $19,012,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in HOG. Venturi Wealth Management LLC raised its stake in Harley-Davidson by 172.0% in the 4th quarter. Venturi Wealth Management LLC now owns 876 shares of the company's stock worth $26,000 after acquiring an additional 554 shares during the last quarter. Bessemer Group Inc. increased its holdings in shares of Harley-Davidson by 237.9% in the fourth quarter. Bessemer Group Inc. now owns 1,301 shares of the company's stock valued at $39,000 after purchasing an additional 916 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Harley-Davidson in the fourth quarter valued at about $42,000. Global Retirement Partners LLC raised its stake in shares of Harley-Davidson by 84.3% in the fourth quarter. Global Retirement Partners LLC now owns 1,850 shares of the company's stock worth $56,000 after purchasing an additional 846 shares during the last quarter. Finally, National Bank of Canada FI raised its stake in shares of Harley-Davidson by 201.8% in the fourth quarter. National Bank of Canada FI now owns 1,889 shares of the company's stock worth $57,000 after purchasing an additional 1,263 shares during the last quarter. 85.10% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HOG has been the topic of a number of recent research reports. UBS Group dropped their target price on Harley-Davidson from $35.00 to $28.00 and set a "neutral" rating on the stock in a research report on Thursday, February 20th. Morgan Stanley dropped their price objective on shares of Harley-Davidson from $33.00 to $31.00 and set an "equal weight" rating on the stock in a report on Thursday, February 6th. Robert W. Baird increased their price objective 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. DA Davidson reissued a "buy" rating and set a $31.00 target price on shares of Harley-Davidson in a report on Wednesday, April 9th. Finally, Citigroup lowered their price target on shares of Harley-Davidson from $29.00 to $28.00 and set a "neutral" rating on the stock in a report on Wednesday, April 2nd. Six analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Harley-Davidson has a consensus rating of "Hold" and an average price target of $30.17.

Harley-Davidson Stock Performance

Shares of HOG traded down $0.57 during trading hours on Monday, hitting $23.65. The stock had a trading volume of 1,557,415 shares, compared to its average volume of 1,939,959. The firm has a 50-day moving average price of $23.65 and a 200 day moving average price of $26.99. Harley-Davidson, Inc. has a fifty-two week low of $20.45 and a fifty-two week high of $39.93. The firm has a market capitalization of $2.87 billion, a price-to-earnings ratio of 7.10, a PEG ratio of 0.38 and a beta of 1.30. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.19 and a current ratio of 1.40.

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 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 analysts' expectations of $1.12 billion. Harley-Davidson had a net margin of 9.25% and a return on equity of 13.64%. The firm's revenue for the quarter was down 23.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.72 earnings per share. As a group, research analysts anticipate that Harley-Davidson, Inc. will post 3.44 EPS for the current year.

Harley-Davidson Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Monday, June 2nd will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $0.72 dividend on an annualized basis and a yield of 3.05%. Harley-Davidson's dividend payout ratio is currently 26.87%.

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.