Harley-Davidson, Inc. (NYSE:HOG) Shares Sold by Hussman Strategic Advisors Inc.

Hussman Strategic Advisors Inc. reduced its holdings in Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 32.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,000 shares of the company's stock after selling 20,000 shares during the quarter. Hussman Strategic Advisors Inc.'s holdings in Harley-Davidson were worth $1,547,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Arizona State Retirement System raised its holdings in Harley-Davidson by 1.0% during the 3rd quarter. Arizona State Retirement System now owns 38,886 shares of the company's stock valued at $1,286,000 after acquiring an additional 384 shares during the period. Treasurer of the State of North Carolina lifted its position in Harley-Davidson by 0.6% in the third quarter. Treasurer of the State of North Carolina now owns 66,502 shares of the company's stock valued at $2,199,000 after purchasing an additional 388 shares during the last quarter. National Bank of Canada FI boosted its stake in shares of Harley-Davidson by 30.3% during the third quarter. National Bank of Canada FI now owns 1,680 shares of the company's stock valued at $54,000 after purchasing an additional 391 shares during the period. Lindbrook Capital LLC grew its holdings in shares of Harley-Davidson by 66.7% in the fourth quarter. Lindbrook Capital LLC now owns 1,057 shares of the company's stock worth $39,000 after purchasing an additional 423 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Harley-Davidson by 4.0% in the third quarter. Tower Research Capital LLC TRC now owns 11,498 shares of the company's stock worth $380,000 after purchasing an additional 446 shares during the last quarter. Institutional investors own 85.10% of the company's stock.

Harley-Davidson Stock Up 2.6 %

HOG stock traded up $0.99 during trading on Monday, hitting $39.03. 1,655,578 shares of the stock traded hands, compared to its average volume of 1,658,500. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.53 and a quick ratio of 1.25. The stock has a market cap of $5.25 billion, a price-to-earnings ratio of 8.10, a price-to-earnings-growth ratio of 2.50 and a beta of 1.43. Harley-Davidson, Inc. has a 1 year low of $25.43 and a 1 year high of $44.16. The firm's 50 day moving average is $39.86 and its two-hundred day moving average is $34.81.

Harley-Davidson (NYSE:HOG - Get Free Report) last announced its quarterly earnings results on Thursday, February 8th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.14. The company had revenue of $791.65 million during the quarter, compared to the consensus estimate of $875.29 million. Harley-Davidson had a net margin of 12.11% and a return on equity of 22.00%. The firm's quarterly revenue was down 13.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.28 earnings per share. On average, sell-side analysts anticipate that Harley-Davidson, Inc. will post 4.19 EPS for the current year.

Harley-Davidson Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 4th were issued a $0.1725 dividend. This represents a $0.69 annualized dividend and a yield of 1.77%. This is an increase from Harley-Davidson's previous quarterly dividend of $0.17. The ex-dividend date was Friday, March 1st. Harley-Davidson's dividend payout ratio (DPR) is presently 14.32%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. BMO Capital Markets raised their price target on shares of Harley-Davidson from $45.00 to $50.00 and gave the stock an "outperform" rating in a report on Wednesday, April 3rd. DA Davidson upped their price target on Harley-Davidson from $42.00 to $49.00 and gave the company a "buy" rating in a research report on Thursday, April 11th. Bank of America lifted their price objective on Harley-Davidson from $50.00 to $55.00 and gave the stock a "buy" rating in a research report on Thursday, March 14th. Citigroup upped their price target on Harley-Davidson from $36.00 to $37.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 27th. Finally, UBS Group raised their price objective on Harley-Davidson from $29.00 to $39.00 and gave the company a "neutral" rating in a research report on Friday, February 16th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $46.67.

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.