Quantinno Capital Management LP Has $1.05 Million Position in Harley-Davidson, Inc. (NYSE:HOG)

Quantinno Capital Management LP cut its position in Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 31.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 34,710 shares of the company's stock after selling 15,765 shares during the quarter. Quantinno Capital Management LP's holdings in Harley-Davidson were worth $1,046,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Donald Smith & CO. Inc. acquired a new position in Harley-Davidson during the 4th quarter valued at about $50,368,000. Proficio Capital Partners LLC acquired a new position in Harley-Davidson during the 4th quarter valued at about $1,341,000. Hussman Strategic Advisors Inc. acquired a new position in Harley-Davidson during the 4th quarter valued at about $1,898,000. Norges Bank acquired a new position in Harley-Davidson during the 4th quarter valued at about $11,010,000. Finally, Bank of New York Mellon Corp increased its stake in Harley-Davidson by 12.0% during the 4th quarter. Bank of New York Mellon Corp now owns 1,470,130 shares of the company's stock valued at $44,295,000 after buying an additional 157,939 shares during the period. Institutional investors and hedge funds own 85.10% of the company's stock.

Analysts Set New Price Targets

HOG has been the topic of several recent research reports. Bank of America lowered their price objective on shares of Harley-Davidson from $40.00 to $35.00 and set a "buy" rating on the stock in a research note on Thursday, January 30th. Robert W. Baird lifted 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. Citigroup lowered their price objective on shares of Harley-Davidson from $29.00 to $28.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 2nd. Morgan Stanley lowered 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 research note on Thursday, February 6th. Finally, UBS Group lowered their price objective on shares of Harley-Davidson from $35.00 to $28.00 and set a "neutral" rating on the stock in a research note on Thursday, February 20th. Six 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 company's stock. Based on data from MarketBeat.com, Harley-Davidson currently has an average rating of "Hold" and an average price target of $30.17.

Harley-Davidson Trading Down 0.3%

Shares of Harley-Davidson stock traded down $0.09 during trading on Thursday, hitting $24.39. The stock had a trading volume of 244,155 shares, compared to its average volume of 1,928,868. The stock has a 50 day simple moving average of $23.75 and a 200 day simple moving average of $27.24. The company has a market capitalization of $2.96 billion, a PE ratio of 7.33, a P/E/G ratio of 0.38 and a beta of 1.30. 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, Inc. has a 1 year low of $20.45 and a 1 year high of $39.93.

Harley-Davidson (NYSE:HOG - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.27. The business 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 9.25% and a return on equity of 13.64%. The firm's quarterly revenue was down 23.2% compared to the same quarter last year. During the same period last year, the firm posted $1.72 earnings per share. On average, research analysts expect that Harley-Davidson, Inc. will post 3.44 EPS for the current fiscal year.

Harley-Davidson Announces Dividend

The company 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 $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 2.95%. The ex-dividend date of this dividend is Monday, June 2nd. Harley-Davidson's dividend payout ratio (DPR) 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.