104,293 Shares in Harley-Davidson, Inc. (NYSE:HOG) Bought by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC bought a new position in shares of Harley-Davidson, Inc. (NYSE:HOG - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 104,293 shares of the company's stock, valued at approximately $2,633,000. Kingsview Wealth Management LLC owned approximately 0.08% of Harley-Davidson as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Versant Capital Management Inc grew 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 worth $25,000 after buying an additional 949 shares during the last quarter. CX Institutional bought a new stake in Harley-Davidson during the 1st quarter worth approximately $28,000. Bessemer Group Inc. increased its holdings in Harley-Davidson by 237.9% during the 4th quarter. Bessemer Group Inc. now owns 1,301 shares of the company's stock valued at $39,000 after purchasing an additional 916 shares in the last quarter. UMB Bank n.a. raised its position in Harley-Davidson by 153.6% in the 1st quarter. UMB Bank n.a. now owns 1,306 shares of the company's stock valued at $33,000 after purchasing an additional 791 shares during the last quarter. Finally, IMG Wealth Management Inc. acquired a new position in Harley-Davidson in the first quarter worth $48,000. Institutional investors and hedge funds own 85.10% of the company's stock.

Harley-Davidson Stock Down 0.3%

Shares of NYSE HOG traded down $0.08 during midday trading on Friday, reaching $23.58. The company's stock had a trading volume of 1,006,306 shares, compared to its average volume of 1,934,172. The stock has a 50 day simple moving average of $24.42 and a 200-day simple moving average of $25.15. The company has a current ratio of 1.56, a quick ratio of 1.36 and a debt-to-equity ratio of 1.56. The stock has a market capitalization of $2.86 billion, a price-to-earnings ratio of 8.80, a PEG ratio of 0.47 and a beta of 1.30. Harley-Davidson, Inc. has a fifty-two week low of $20.45 and a fifty-two week high of $39.93.

Harley-Davidson (NYSE:HOG - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $315.24 million for the quarter, compared to analysts' expectations of $1.12 billion. Harley-Davidson had a return on equity of 10.72% and a net margin of 7.82%. The business's revenue was down 23.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.72 EPS. Equities research analysts predict that Harley-Davidson, Inc. will post 3.44 earnings per share for the current year.

Harley-Davidson Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Monday, June 2nd were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date of this dividend was Monday, June 2nd. Harley-Davidson's dividend payout ratio is currently 26.87%.

Analyst Ratings Changes

A number of brokerages have commented on HOG. DA Davidson reiterated a "buy" rating and issued a $31.00 price objective on shares of Harley-Davidson in a research report on Wednesday, April 9th. Citigroup upped their target price on shares of Harley-Davidson from $24.00 to $27.00 and gave the company a "neutral" rating in a research report on Monday, June 16th. UBS Group lowered their price target on shares of Harley-Davidson from $28.00 to $27.00 and set a "neutral" rating for the company in a research report on Tuesday, July 8th. Finally, Robert W. Baird raised their price objective on shares of Harley-Davidson from $26.00 to $28.00 and gave the company a "neutral" rating in a research note on Wednesday, May 14th. Six investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Harley-Davidson has an average rating of "Hold" and a consensus target price of $29.83.

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.