Harley-Davidson, Inc. (NYSE:HOG) Shares Sold by First Trust Advisors LP

First Trust Advisors LP reduced its position in Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 7.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 726,902 shares of the company's stock after selling 58,364 shares during the quarter. First Trust Advisors LP owned 0.57% of Harley-Davidson worth $21,902,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HOG. Venturi Wealth Management LLC raised its position in Harley-Davidson by 172.0% in the 4th quarter. Venturi Wealth Management LLC now owns 876 shares of the company's stock worth $26,000 after purchasing an additional 554 shares during the period. Bessemer Group Inc. increased its position in shares of Harley-Davidson by 237.9% during the fourth quarter. Bessemer Group Inc. now owns 1,301 shares of the company's stock worth $39,000 after acquiring an additional 916 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Harley-Davidson during the fourth quarter worth approximately $42,000. Global Retirement Partners LLC increased its position in shares of Harley-Davidson by 84.3% during the fourth quarter. Global Retirement Partners LLC now owns 1,850 shares of the company's stock worth $56,000 after acquiring an additional 846 shares during the period. Finally, National Bank of Canada FI increased its position in shares of Harley-Davidson by 201.8% during the fourth quarter. National Bank of Canada FI now owns 1,889 shares of the company's stock worth $57,000 after acquiring an additional 1,263 shares during the period. 85.10% of the stock is owned by hedge funds and other institutional investors.

Harley-Davidson Stock Down 3.9 %

NYSE:HOG traded down $0.90 during mid-day trading on Wednesday, hitting $22.26. The stock had a trading volume of 5,787,292 shares, compared to its average volume of 1,893,029. The stock has a 50-day simple moving average of $24.30 and a two-hundred day simple moving average of $28.57. The company has a market capitalization of $2.75 billion, a PE ratio of 6.68, a PEG ratio of 0.38 and a beta of 1.28. Harley-Davidson, Inc. has a twelve month low of $20.45 and a twelve month high of $39.93. The company has a current ratio of 1.40, a quick ratio of 1.19 and a debt-to-equity ratio of 1.41.

Harley-Davidson (NYSE:HOG - Get Free Report) last issued its earnings results on Wednesday, February 5th. The company reported ($0.93) earnings per share for the quarter, missing the consensus estimate of ($0.65) by ($0.28). Harley-Davidson had a net margin of 9.25% and a return on equity of 13.64%. During the same quarter last year, the firm posted $0.18 earnings per share. On average, equities research analysts anticipate that Harley-Davidson, Inc. will post 3.44 EPS for the current year.

Harley-Davidson Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a $0.18 dividend. This is a boost from Harley-Davidson's previous quarterly dividend of $0.17. This represents a $0.72 annualized dividend and a yield of 3.23%. The ex-dividend date of this dividend was Friday, February 28th. Harley-Davidson's payout ratio is currently 21.62%.

Insider Buying and Selling at Harley-Davidson

In other Harley-Davidson news, insider Luke Christopher Mansfield sold 3,400 shares of the stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $25.96, for a total value of $88,264.00. Following the completion of the transaction, the insider now directly owns 23,555 shares of the company's stock, valued at approximately $611,487.80. This trade represents a 12.61 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.93% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on HOG shares. Morgan Stanley cut 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 report on Thursday, February 6th. Robert W. Baird decreased their price target on Harley-Davidson from $32.00 to $26.00 and set a "neutral" rating for the company in a research note on Friday, April 4th. Bank of America decreased their price target on Harley-Davidson from $40.00 to $35.00 and set a "buy" rating for the company in a research note on Thursday, January 30th. UBS Group cut their price objective on Harley-Davidson from $35.00 to $28.00 and set a "neutral" rating on the stock in a report on Thursday, February 20th. Finally, DA Davidson reissued a "buy" rating and issued a $31.00 price objective on shares of Harley-Davidson in a report on Wednesday, April 9th. Six investment 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. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $29.83.

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.