Universal Beteiligungs und Servicegesellschaft mbH Buys Shares of 175,704 Harley-Davidson, Inc. (NYSE:HOG)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Harley-Davidson, Inc. (NYSE:HOG - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 175,704 shares of the company's stock, valued at approximately $5,294,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.14% of Harley-Davidson at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Donald Smith & CO. Inc. purchased a new stake in shares of Harley-Davidson in the 4th quarter valued at approximately $50,368,000. Brickwood Asset Management LLP acquired a new position in shares of Harley-Davidson during the 4th quarter worth $27,783,000. Raymond James Financial Inc. acquired a new position in shares of Harley-Davidson during the 4th quarter worth $18,802,000. American Century Companies Inc. increased its stake in shares of Harley-Davidson by 14.2% during the 4th quarter. American Century Companies Inc. now owns 3,496,579 shares of the company's stock worth $105,352,000 after purchasing an additional 435,200 shares during the last quarter. Finally, Norges Bank acquired a new position in Harley-Davidson in the 4th quarter valued at $11,010,000. 85.10% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on HOG shares. Morgan Stanley decreased their target price 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. DA Davidson reaffirmed a "buy" rating and set a $31.00 price objective on shares of Harley-Davidson in a report on Wednesday, April 9th. Robert W. Baird lifted their target price 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. Citigroup dropped 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 note on Wednesday, April 2nd. Finally, UBS Group cut their price objective on shares of Harley-Davidson from $35.00 to $28.00 and set a "neutral" rating on the stock in a report on Thursday, February 20th. 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's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $30.17.

Harley-Davidson Price Performance

Shares of Harley-Davidson stock traded up $0.87 during midday trading on Tuesday, hitting $24.54. 864,733 shares of the company traded hands, compared to its average volume of 1,936,020. The firm's fifty day moving average price is $23.65 and its 200-day moving average price is $26.99. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.19 and a current ratio of 1.40. Harley-Davidson, Inc. has a 12 month low of $20.45 and a 12 month high of $39.93. The stock has a market cap of $2.98 billion, a price-to-earnings ratio of 7.37, a PEG ratio of 0.38 and a beta of 1.30.

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, topping the consensus estimate of $0.80 by $0.27. The firm had revenue of $315.24 million during the quarter, compared to analyst estimates 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 was down 23.2% compared to the same quarter last year. During the same quarter last year, the business earned $1.72 EPS. As a group, sell-side analysts forecast that Harley-Davidson, Inc. will post 3.44 earnings per share for the current 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 paid a $0.18 dividend. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $0.72 annualized dividend and a dividend yield of 2.93%. Harley-Davidson's payout ratio 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.