Victory Capital Management Inc. grew its holdings in shares of Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 177.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 143,053 shares of the company's stock after acquiring an additional 91,520 shares during the quarter. Victory Capital Management Inc. owned about 0.12% of Harley-Davidson worth $3,612,000 at the end of the most recent quarter.
A number of other large investors have also recently modified their holdings of the business. Covestor Ltd boosted its position in shares of Harley-Davidson by 18.8% during the 4th quarter. Covestor Ltd now owns 4,163 shares of the company's stock valued at $125,000 after acquiring an additional 658 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Harley-Davidson by 52.3% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,110 shares of the company's stock valued at $53,000 after acquiring an additional 725 shares during the last quarter. UMB Bank n.a. boosted its position in shares of Harley-Davidson by 153.6% during the 1st quarter. UMB Bank n.a. now owns 1,306 shares of the company's stock valued at $33,000 after acquiring an additional 791 shares during the last quarter. Deutsche Bank AG boosted its position in shares of Harley-Davidson by 7.8% during the 4th quarter. Deutsche Bank AG now owns 11,486 shares of the company's stock valued at $346,000 after acquiring an additional 831 shares during the last quarter. Finally, Bessemer Group Inc. boosted its position in shares of Harley-Davidson by 237.9% during the 4th quarter. Bessemer Group Inc. now owns 1,301 shares of the company's stock valued at $39,000 after acquiring an additional 916 shares during the last quarter. Institutional investors own 85.10% of the company's stock.
Harley-Davidson Trading Down 3.9%
Shares of HOG traded down $1.02 during mid-day trading on Thursday, hitting $25.00. 608,581 shares of the company's stock traded hands, compared to its average volume of 2,231,160. The company has a quick ratio of 1.36, a current ratio of 1.56 and a debt-to-equity ratio of 1.56. Harley-Davidson, Inc. has a 1 year low of $20.45 and a 1 year high of $39.93. The firm has a market capitalization of $3.04 billion, a P/E ratio of 9.34, a PEG ratio of 0.46 and a beta of 1.30. The business's 50-day moving average price is $24.31 and its 200-day moving average price is $24.91.
Harley-Davidson (NYSE:HOG - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.11). Harley-Davidson had a net margin of 7.82% and a return on equity of 10.72%. The business had revenue of $1.31 billion for the quarter, compared to analysts' expectations of $1.09 billion. During the same period last year, the firm posted $1.63 earnings per share. Harley-Davidson's quarterly revenue was down 19.3% on a year-over-year basis. As a group, sell-side analysts forecast that Harley-Davidson, Inc. will post 3.44 EPS for the current fiscal year.
Harley-Davidson Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Monday, June 2nd were paid a dividend of $0.18 per share. The ex-dividend date was Monday, June 2nd. This represents a $0.72 annualized dividend and a dividend yield of 2.88%. Harley-Davidson's dividend payout ratio (DPR) is presently 26.87%.
Wall Street Analyst Weigh In
HOG has been the topic of a number of research reports. Citigroup raised their price objective on Harley-Davidson from $24.00 to $27.00 and gave the company a "neutral" rating in a report on Monday, June 16th. UBS Group decreased their price objective on Harley-Davidson from $28.00 to $27.00 and set a "neutral" rating on the stock in a report on Tuesday, July 8th. DA Davidson reissued a "buy" rating and set a $31.00 price objective on shares of Harley-Davidson in a report on Wednesday, April 9th. Finally, Robert W. Baird raised their price objective on Harley-Davidson from $26.00 to $28.00 and gave the company a "neutral" rating in a report on Wednesday, May 14th. Six research 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 company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $29.83.
Check Out Our Latest Stock Analysis on HOG
Harley-Davidson Company Profile
(
Free Report)
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.
Further Reading

Before you consider Harley-Davidson, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Harley-Davidson wasn't on the list.
While Harley-Davidson currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.