Nomura Holdings Inc. Takes $458,000 Position in Harley-Davidson, Inc. (NYSE:HOG)

Nomura Holdings Inc. purchased a new position in Harley-Davidson, Inc. (NYSE:HOG - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 15,205 shares of the company's stock, valued at approximately $458,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Venturi Wealth Management LLC lifted 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 worth $26,000 after purchasing an additional 554 shares during the period. Bessemer Group Inc. raised its position in Harley-Davidson by 237.9% during the 4th quarter. Bessemer Group Inc. now owns 1,301 shares of the company's stock worth $39,000 after buying an additional 916 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Harley-Davidson during the 4th quarter valued at approximately $42,000. Global Retirement Partners LLC boosted its holdings in shares of Harley-Davidson by 84.3% in the 4th 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 last quarter. Finally, National Bank of Canada FI increased 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 acquiring an additional 1,263 shares during the period. 85.10% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

HOG has been the subject of a number of research reports. Citigroup decreased their target price on shares of Harley-Davidson from $29.00 to $28.00 and set a "neutral" rating for the company in a research report on Wednesday, April 2nd. UBS Group decreased their price objective on Harley-Davidson from $35.00 to $28.00 and set a "neutral" rating for the company in a report on Thursday, February 20th. DA Davidson reaffirmed a "buy" rating and set a $31.00 target price on shares of Harley-Davidson in a report on Wednesday, April 9th. Robert W. Baird lifted their price target on Harley-Davidson from $26.00 to $28.00 and gave the company a "neutral" rating in a research report on Wednesday, May 14th. Finally, Bank of America lowered their price objective on Harley-Davidson from $40.00 to $35.00 and set a "buy" rating on the stock in a research report on Thursday, January 30th. Six equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $30.17.

Harley-Davidson Price Performance

Shares of HOG stock traded up $0.12 during mid-day trading on Tuesday, hitting $24.42. 147,031 shares of the stock were exchanged, compared to its average volume of 1,923,590. Harley-Davidson, Inc. has a 52-week low of $20.45 and a 52-week high of $39.93. The company has a quick ratio of 1.19, a current ratio of 1.40 and a debt-to-equity ratio of 1.41. The company has a market cap of $2.97 billion, a PE ratio of 7.33, a price-to-earnings-growth ratio of 0.38 and a beta of 1.30. The firm has a fifty day moving average of $23.76 and a 200 day moving average of $27.28.

Harley-Davidson (NYSE:HOG - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported $1.07 earnings per share for the quarter, topping 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 return on equity of 13.64% and a net margin of 9.25%. Harley-Davidson's quarterly revenue was down 23.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.72 EPS. Research analysts anticipate that Harley-Davidson, Inc. will post 3.44 earnings per share for the current year.

Harley-Davidson Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Monday, June 2nd will be given a dividend of $0.18 per share. The ex-dividend date is Monday, June 2nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.95%. Harley-Davidson's dividend payout ratio (DPR) is 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.