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

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

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Harley-Davidson by 20.8% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,339 shares of the company's stock valued at $1,607,000 after buying an additional 9,172 shares in the last quarter. MJP Associates Inc. ADV acquired a new stake in Harley-Davidson in the fourth quarter valued at approximately $305,000. Lazard Asset Management LLC boosted its position in Harley-Davidson by 25.4% in the fourth quarter. Lazard Asset Management LLC now owns 52,914 shares of the company's stock valued at $1,594,000 after buying an additional 10,732 shares in the last quarter. J. Goldman & Co LP acquired a new stake in Harley-Davidson in the fourth quarter valued at approximately $791,000. Finally, Deutsche Bank AG boosted its position in Harley-Davidson by 7.8% in the fourth quarter. Deutsche Bank AG now owns 11,486 shares of the company's stock valued at $346,000 after buying an additional 831 shares in the last quarter. Institutional investors own 85.10% of the company's stock.

Harley-Davidson Trading Up 1.6%

Shares of HOG stock traded up $0.38 during trading hours on Tuesday, hitting $24.68. 1,532,330 shares of the company's stock traded hands, compared to its average volume of 1,929,053. The stock's 50 day simple moving average is $23.75 and its 200 day simple moving average is $27.26. The stock has a market cap of $3.00 billion, a PE ratio of 7.41, a price-to-earnings-growth ratio of 0.38 and a beta of 1.30. Harley-Davidson, Inc. has a 12 month low of $20.45 and a 12 month 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.

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 (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.27. The firm 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%. The company's revenue for the quarter was down 23.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.72 earnings per share. On average, sell-side 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. Stockholders of record on Monday, June 2nd will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 2.92%. The ex-dividend date is Monday, June 2nd. Harley-Davidson's payout ratio is currently 26.87%.

Analysts Set New Price Targets

A number of analysts have weighed in on HOG shares. Morgan Stanley cut their target price on shares of Harley-Davidson from $33.00 to $31.00 and set an "equal weight" rating on the stock in a research report on Thursday, February 6th. Bank of America cut their target price on shares of Harley-Davidson from $40.00 to $35.00 and set a "buy" rating on the stock in a research report on Thursday, January 30th. Robert W. Baird raised their target price on shares of Harley-Davidson from $26.00 to $28.00 and gave the company a "neutral" rating in a research report on Wednesday, May 14th. DA Davidson restated a "buy" rating and issued a $31.00 target price on shares of Harley-Davidson in a research report on Wednesday, April 9th. Finally, UBS Group cut their target price on shares of Harley-Davidson from $35.00 to $28.00 and set a "neutral" rating on the stock in a research report on Thursday, February 20th. 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 stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $30.17.

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.