25,988 Shares in Harley-Davidson, Inc. (NYSE:HOG) Purchased by Sherbrooke Park Advisers LLC

Sherbrooke Park Advisers LLC bought a new position in shares of Harley-Davidson, Inc. (NYSE:HOG - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 25,988 shares of the company's stock, valued at approximately $783,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Redwood Investment Management LLC acquired a new position in Harley-Davidson during the fourth quarter worth $3,686,000. Nomura Holdings Inc. purchased a new stake in shares of Harley-Davidson in the 4th quarter valued at about $458,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Harley-Davidson by 20.8% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,339 shares of the company's stock worth $1,607,000 after purchasing an additional 9,172 shares during the last quarter. MJP Associates Inc. ADV purchased a new stake in Harley-Davidson during the fourth quarter valued at about $305,000. Finally, Lazard Asset Management LLC increased its position in shares of Harley-Davidson by 25.4% in the fourth quarter. Lazard Asset Management LLC now owns 52,914 shares of the company's stock valued at $1,594,000 after acquiring an additional 10,732 shares during the period. 85.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HOG has been the topic of a number of recent research reports. DA Davidson restated a "buy" rating and issued a $31.00 price objective on shares of Harley-Davidson in a report on Wednesday, April 9th. Robert W. Baird raised their price objective on Harley-Davidson from $26.00 to $28.00 and gave the company a "neutral" rating in a research report on Wednesday, May 14th. Morgan Stanley lowered their price objective on Harley-Davidson from $33.00 to $31.00 and set an "equal weight" rating for the company in a research note on Thursday, February 6th. UBS Group reduced their price target on Harley-Davidson from $35.00 to $28.00 and set a "neutral" rating for the company in a report on Thursday, February 20th. Finally, Bank of America dropped 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. Six equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Harley-Davidson presently has a consensus rating of "Hold" and a consensus target price of $30.17.

Harley-Davidson Stock Down 4.5%

Shares of Harley-Davidson stock traded down $1.18 during trading on Wednesday, reaching $24.76. The company's stock had a trading volume of 897,539 shares, compared to its average volume of 2,426,402. The company has a quick ratio of 1.19, a current ratio of 1.40 and a debt-to-equity ratio of 1.41. The company has a 50-day simple moving average of $23.82 and a two-hundred day simple moving average of $27.54. Harley-Davidson, Inc. has a 1-year low of $20.45 and a 1-year high of $39.93. The company has a market cap of $3.01 billion, a price-to-earnings ratio of 7.44, a P/E/G ratio of 0.38 and a beta of 1.30.

Harley-Davidson (NYSE:HOG - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $1.07 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.27. Harley-Davidson had a net margin of 9.25% and a return on equity of 13.64%. The business had revenue of $315.24 million for the quarter, compared to analyst estimates of $1.12 billion. During the same period last year, the company posted $1.72 EPS. The business's revenue was down 23.2% on a year-over-year basis. As a group, equities analysts forecast that Harley-Davidson, Inc. will post 3.44 earnings per share for the current year.

Harley-Davidson Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Monday, June 2nd will be issued a $0.18 dividend. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $0.72 dividend on an annualized basis and a yield of 2.91%. Harley-Davidson's dividend payout ratio (DPR) is presently 26.87%.

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.