Harley-Davidson, Inc. (NYSE:HOG) Holdings Lowered by Vanguard Group Inc.

Vanguard Group Inc. reduced its position in Harley-Davidson, Inc. (NYSE:HOG - Free Report) by 2.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,728,678 shares of the company's stock after selling 368,363 shares during the period. Vanguard Group Inc. owned about 10.00% of Harley-Davidson worth $383,515,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HOG. Pacer Advisors Inc. increased its position in shares of Harley-Davidson by 30.7% in the fourth quarter. Pacer Advisors Inc. now owns 5,468,089 shares of the company's stock valued at $164,754,000 after buying an additional 1,285,225 shares in the last quarter. American Century Companies Inc. grew its stake in Harley-Davidson by 14.2% in the 4th quarter. American Century Companies Inc. now owns 3,496,579 shares of the company's stock valued at $105,352,000 after acquiring an additional 435,200 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in Harley-Davidson by 12.0% during the 4th quarter. Bank of New York Mellon Corp now owns 1,470,130 shares of the company's stock valued at $44,295,000 after acquiring an additional 157,939 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Harley-Davidson during the fourth quarter worth about $18,802,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Harley-Davidson by 38.6% in the third quarter. JPMorgan Chase & Co. now owns 533,490 shares of the company's stock valued at $20,555,000 after purchasing an additional 148,537 shares in the last quarter. 85.10% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. DA Davidson cut their price objective on Harley-Davidson from $39.00 to $31.00 and set a "buy" rating for the company in a research report on Tuesday, February 4th. UBS Group cut 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. Morgan Stanley dropped their price objective on Harley-Davidson from $33.00 to $31.00 and set an "equal weight" rating for the company in a research report on Thursday, February 6th. Bank of America cut their target price on shares of Harley-Davidson from $40.00 to $35.00 and set a "buy" rating for the company in a research note on Thursday, January 30th. Finally, Robert W. Baird decreased 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. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $32.00.

Insider Buying and Selling

In related news, insider Luke Christopher Mansfield sold 3,400 shares of the firm's stock in a transaction that occurred 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 completion of the sale, the insider now directly owns 23,555 shares in the company, valued at approximately $611,487.80. This trade represents a 12.61 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.87% of the stock is owned by corporate insiders.

Harley-Davidson Stock Performance

Shares of NYSE:HOG traded down $0.22 on Monday, hitting $22.77. The company's stock had a trading volume of 3,877,197 shares, compared to its average volume of 1,890,080. The company has a market capitalization of $2.84 billion, a price-to-earnings ratio of 6.84, a price-to-earnings-growth ratio of 0.38 and a beta of 1.28. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.19 and a current ratio of 1.40. Harley-Davidson, Inc. has a 12 month low of $21.15 and a 12 month high of $43.63. The stock's 50-day moving average is $25.75 and its two-hundred day moving average is $30.24.

Harley-Davidson (NYSE:HOG - Get Free Report) last released its earnings results on Wednesday, February 5th. The company reported ($0.93) earnings per share 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 period last year, the company earned $0.18 earnings per share. On average, equities research analysts forecast that Harley-Davidson, Inc. will post 3.44 EPS for the current year.

Harley-Davidson Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a dividend of $0.18 per share. The ex-dividend date was Friday, February 28th. This represents a $0.72 annualized dividend and a yield of 3.16%. This is a boost from Harley-Davidson's previous quarterly dividend of $0.17. Harley-Davidson's dividend payout ratio (DPR) is currently 21.62%.

Harley-Davidson Company 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.