Charles Schwab Investment Management Inc. Has $48.47 Million Holdings in Harley-Davidson, Inc. (NYSE:HOG)

Charles Schwab Investment Management Inc. raised its holdings in Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 3.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,315,763 shares of the company's stock after purchasing an additional 46,706 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.94% of Harley-Davidson worth $48,473,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. AQR Capital Management LLC lifted its position in shares of Harley-Davidson by 917.7% during the 3rd quarter. AQR Capital Management LLC now owns 669,028 shares of the company's stock valued at $22,118,000 after acquiring an additional 603,286 shares during the period. Lazard Asset Management LLC lifted its position in shares of Harley-Davidson by 4,224.6% during the 3rd quarter. Lazard Asset Management LLC now owns 319,068 shares of the company's stock valued at $10,548,000 after acquiring an additional 311,690 shares during the period. JS Capital Management LLC lifted its position in shares of Harley-Davidson by 43.9% during the 3rd quarter. JS Capital Management LLC now owns 892,000 shares of the company's stock valued at $29,490,000 after acquiring an additional 272,000 shares during the period. American Century Companies Inc. lifted its position in shares of Harley-Davidson by 56.1% during the 3rd quarter. American Century Companies Inc. now owns 301,130 shares of the company's stock valued at $9,955,000 after acquiring an additional 108,206 shares during the period. Finally, Clark Estates Inc. NY acquired a new stake in shares of Harley-Davidson during the 3rd quarter valued at approximately $3,124,000. Hedge funds and other institutional investors own 85.10% of the company's stock.

Harley-Davidson Trading Down 0.1 %

Shares of NYSE HOG traded down $0.02 during trading on Friday, hitting $35.39. 884,162 shares of the company traded hands, compared to its average volume of 2,379,262. Harley-Davidson, Inc. has a 1 year low of $25.43 and a 1 year high of $44.16. The company has a 50-day moving average price of $39.15 and a 200-day moving average price of $35.54. The firm has a market capitalization of $4.76 billion, a P/E ratio of 7.86, a P/E/G ratio of 1.11 and a beta of 1.48. The company has a quick ratio of 1.32, a current ratio of 1.54 and a debt-to-equity ratio of 1.50.

Harley-Davidson (NYSE:HOG - Get Free Report) last announced its quarterly earnings data on Thursday, April 25th. The company reported $1.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.48 by $0.24. Harley-Davidson had a net margin of 11.03% and a return on equity of 19.48%. The company had revenue of $1.48 billion during the quarter, compared to analysts' expectations of $1.42 billion. On average, equities analysts predict that Harley-Davidson, Inc. will post 4.64 EPS for the current year.

Harley-Davidson Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 21st. Investors of record on Wednesday, June 5th will be given a dividend of $0.1725 per share. This represents a $0.69 dividend on an annualized basis and a yield of 1.95%. Harley-Davidson's dividend payout ratio (DPR) is 15.33%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. DA Davidson lifted their price target on shares of Harley-Davidson from $42.00 to $49.00 and gave the company a "buy" rating in a research report on Thursday, April 11th. BMO Capital Markets cut their price objective on Harley-Davidson from $50.00 to $45.00 and set an "outperform" rating for the company in a research report on Friday, April 26th. 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. UBS Group lifted their price objective on Harley-Davidson from $29.00 to $39.00 and gave the stock a "neutral" rating in a research report on Friday, February 16th. Finally, Morgan Stanley began coverage on Harley-Davidson in a research report on Tuesday, April 23rd. They set an "overweight" rating and a $50.00 price objective for the company. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Harley-Davidson currently has an average rating of "Moderate Buy" and an average price target of $46.43.

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.