Natixis Purchases Shares of 121,985 Harley-Davidson, Inc. (NYSE:HOG)

Natixis bought a new stake in Harley-Davidson, Inc. (NYSE:HOG - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 121,985 shares of the company's stock, valued at approximately $3,675,000. Natixis owned 0.10% of Harley-Davidson as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Venturi Wealth Management LLC increased its holdings in Harley-Davidson by 172.0% in the 4th quarter. Venturi Wealth Management LLC now owns 876 shares of the company's stock valued at $26,000 after buying an additional 554 shares during the period. Bessemer Group Inc. increased its holdings in Harley-Davidson by 237.9% in the 4th quarter. Bessemer Group Inc. now owns 1,301 shares of the company's stock valued at $39,000 after buying an additional 916 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new position in Harley-Davidson in the 4th quarter valued at about $42,000. Global Retirement Partners LLC increased its holdings in Harley-Davidson by 84.3% in the 4th quarter. Global Retirement Partners LLC now owns 1,850 shares of the company's stock valued at $56,000 after buying an additional 846 shares during the period. Finally, National Bank of Canada FI increased its holdings in Harley-Davidson by 201.8% in the 4th quarter. National Bank of Canada FI now owns 1,889 shares of the company's stock valued at $57,000 after buying an additional 1,263 shares during the period. 85.10% of the stock is owned by institutional investors.

Analyst Ratings Changes

HOG has been the topic of several recent analyst reports. UBS Group decreased their target price 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. DA Davidson restated a "buy" rating and issued a $31.00 price target on shares of Harley-Davidson in a research note on Wednesday, April 9th. Robert W. Baird reduced their price target on shares of Harley-Davidson from $32.00 to $26.00 and set a "neutral" rating on the stock in a research note on Friday, April 4th. Bank of America reduced their price target on shares of Harley-Davidson from $40.00 to $35.00 and set a "buy" rating on the stock in a research note on Thursday, January 30th. Finally, Morgan Stanley reduced their price target on shares of Harley-Davidson from $33.00 to $31.00 and set an "equal weight" rating on the stock in a research note on Thursday, February 6th. Six equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $29.83.

Harley-Davidson Trading Down 0.8 %

NYSE:HOG traded down $0.19 during mid-day trading on Friday, hitting $23.50. 1,301,499 shares of the company's stock were exchanged, compared to its average volume of 1,880,464. The company has a 50 day simple moving average of $24.44 and a 200-day simple moving average of $28.69. 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, Inc. has a fifty-two week low of $20.45 and a fifty-two week high of $39.93. The firm has a market capitalization of $2.91 billion, a P/E ratio of 7.06, a PEG ratio of 0.38 and a beta of 1.28.

Harley-Davidson (NYSE:HOG - Get Free Report) last posted its earnings results on Wednesday, February 5th. The company reported ($0.93) EPS for the quarter, missing the consensus estimate 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 last year, the company earned $0.18 EPS. As a group, research analysts expect that Harley-Davidson, Inc. will post 3.44 earnings per share for the current year.

Harley-Davidson Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a $0.18 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.06%. This is an increase from Harley-Davidson's previous quarterly dividend of $0.17. Harley-Davidson's payout ratio is 21.62%.

Insider Transactions at Harley-Davidson

In other news, insider Luke Christopher Mansfield sold 3,400 shares of Harley-Davidson stock in a transaction on 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 sale, the insider now owns 23,555 shares in the company, valued at $611,487.80. The trade was a 12.61 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.93% of the company's stock.

About Harley-Davidson

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.