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Aquatic Capital Management LLC Acquires 94,058 Shares of Harley-Davidson, Inc. (NYSE:HOG)

Harley-Davidson logo with Auto/Tires/Trucks background

Aquatic Capital Management LLC increased its position in shares of Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 186.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 144,458 shares of the company's stock after acquiring an additional 94,058 shares during the quarter. Aquatic Capital Management LLC owned about 0.11% of Harley-Davidson worth $4,353,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in HOG. Nebula Research & Development LLC lifted its position in Harley-Davidson by 67.1% during the 4th quarter. Nebula Research & Development LLC now owns 27,864 shares of the company's stock worth $840,000 after acquiring an additional 11,193 shares during the period. Voya Investment Management LLC boosted its holdings in shares of Harley-Davidson by 21.0% during the 4th quarter. Voya Investment Management LLC now owns 56,818 shares of the company's stock worth $1,712,000 after purchasing an additional 9,854 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Harley-Davidson by 7.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 76,150 shares of the company's stock worth $2,295,000 after purchasing an additional 5,178 shares during the last quarter. Pinebridge Investments L.P. boosted its holdings in shares of Harley-Davidson by 42.7% during the 4th quarter. Pinebridge Investments L.P. now owns 65,132 shares of the company's stock worth $1,962,000 after purchasing an additional 19,485 shares during the last quarter. Finally, TD Waterhouse Canada Inc. grew its position in Harley-Davidson by 7.1% in the fourth quarter. TD Waterhouse Canada Inc. now owns 42,589 shares of the company's stock worth $1,283,000 after acquiring an additional 2,813 shares during the period. Institutional investors and hedge funds own 85.10% of the company's stock.

Harley-Davidson Stock Down 3.9 %

NYSE HOG traded down $0.90 during trading hours on Wednesday, reaching $22.26. 5,787,292 shares of the company traded hands, compared to its average volume of 1,892,929. Harley-Davidson, Inc. has a 12 month low of $20.45 and a 12 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. The stock 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. The company has a 50 day moving average of $24.22 and a two-hundred day moving average of $28.53.

Harley-Davidson (NYSE:HOG - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported ($0.93) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.65) by ($0.28). Harley-Davidson had a return on equity of 13.64% and a net margin of 9.25%. During the same quarter in the prior year, the company earned $0.18 earnings per share. As a group, equities analysts expect that Harley-Davidson, Inc. will post 3.44 earnings per share for the current year.

Harley-Davidson Increases Dividend

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

Insider Transactions at Harley-Davidson

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

Analysts Set New Price Targets

Several research analysts have recently commented on HOG shares. Bank of America lowered their price target on Harley-Davidson from $40.00 to $35.00 and set a "buy" rating for the company in a research report on Thursday, January 30th. Robert W. Baird cut their price target on Harley-Davidson from $32.00 to $26.00 and set a "neutral" rating on the stock in a research note on Friday, April 4th. UBS Group cut their target price on Harley-Davidson from $35.00 to $28.00 and set a "neutral" rating on the stock in a research report on Thursday, February 20th. DA Davidson reiterated a "buy" rating and set a $31.00 target price on shares of Harley-Davidson in a research report on Wednesday, April 9th. Finally, Morgan Stanley dropped 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. Six analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Harley-Davidson has a consensus rating of "Hold" and an average price target of $29.83.

Get Our Latest Analysis on Harley-Davidson

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.

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Institutional Ownership by Quarter for Harley-Davidson (NYSE:HOG)

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