Quantinno Capital Management LP Sells 15,765 Shares of Harley-Davidson, Inc. (NYSE:HOG)

Quantinno Capital Management LP decreased its holdings in shares of Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 31.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Venturi Wealth Management LLC increased its position in Harley-Davidson by 172.0% during the 4th quarter. Venturi Wealth Management LLC now owns 876 shares of the company's stock worth $26,000 after buying an additional 554 shares during the period. Bessemer Group Inc. increased 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 period. Mirae Asset Global Investments Co. Ltd. bought a new position in Harley-Davidson during the 4th quarter worth $42,000. Global Retirement Partners LLC increased its position in Harley-Davidson by 84.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,850 shares of the company's stock worth $56,000 after buying an additional 846 shares during the period. Finally, National Bank of Canada FI increased its position in Harley-Davidson by 201.8% during the 4th quarter. National Bank of Canada FI now owns 1,889 shares of the company's stock worth $57,000 after buying an additional 1,263 shares during the period. Institutional investors and hedge funds own 85.10% of the company's stock.

Harley-Davidson Price Performance

NYSE HOG traded up $0.38 during trading on Tuesday, hitting $24.68. 1,532,330 shares of the company's stock were exchanged, compared to its average volume of 1,929,053. The company has a current ratio of 1.40, a quick ratio of 1.19 and a debt-to-equity ratio of 1.41. The company has a market cap of $3.00 billion, a PE ratio of 7.41, a P/E/G ratio of 0.38 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. The stock's 50 day moving average price is $23.76 and its two-hundred day moving average price is $27.28.

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

Harley-Davidson Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders 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 yield of 2.92%. The ex-dividend date of this dividend is Monday, June 2nd. Harley-Davidson's payout ratio is 26.87%.

Wall Street Analysts Forecast Growth

HOG has been the topic of several recent research reports. 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. Robert W. Baird increased their price objective on Harley-Davidson from $26.00 to $28.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 14th. Citigroup decreased their price target on Harley-Davidson from $29.00 to $28.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 2nd. Morgan Stanley decreased their price target on 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. Finally, DA Davidson restated a "buy" rating and issued a $31.00 price target on shares of Harley-Davidson in a research report on Wednesday, April 9th. Six analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus 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.