Vontobel Swiss Wealth Advisors AG acquired a new stake in shares of Harley-Davidson, Inc. (NYSE:HOG) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,425 shares of the company’s stock, valued at approximately $239,000.
A number of other institutional investors have also made changes to their positions in HOG. Independent Advisor Alliance increased its position in shares of Harley-Davidson by 491.5% in the first quarter. Independent Advisor Alliance now owns 3,336 shares of the company’s stock valued at $200,000 after buying an additional 2,772 shares during the period. Wayne Hummer Investments L.L.C. acquired a new position in shares of Harley-Davidson during the first quarter valued at approximately $200,000. Stokes & Hubbell Capital Management LLC acquired a new position in shares of Harley-Davidson during the first quarter valued at approximately $201,000. Putnam Investments LLC acquired a new position in shares of Harley-Davidson during the fourth quarter valued at approximately $204,000. Finally, Appleton Group LLC acquired a new position in shares of Harley-Davidson during the first quarter valued at approximately $210,000. 85.14% of the stock is currently owned by institutional investors.
Harley-Davidson, Inc. (NYSE:HOG) opened at 47.54 on Friday. Harley-Davidson, Inc. has a 52 week low of $46.00 and a 52 week high of $63.40. The stock has a 50 day moving average price of $50.61 and a 200 day moving average price of $55.49. The stock has a market capitalization of $8.29 billion, a PE ratio of 13.92 and a beta of 0.84.
Harley-Davidson (NYSE:HOG) last posted its earnings results on Tuesday, July 18th. The company reported $1.48 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.38 by $0.10. Harley-Davidson had a return on equity of 30.51% and a net margin of 12.30%. The business had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.60 billion. During the same period in the previous year, the business earned $1.55 EPS. The business’s quarterly revenue was down 5.6% on a year-over-year basis. Equities analysts forecast that Harley-Davidson, Inc. will post $3.39 EPS for the current year.
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Several equities analysts have commented on HOG shares. Tigress Financial reaffirmed a “buy” rating on shares of Harley-Davidson in a research report on Thursday, April 20th. BidaskClub raised Harley-Davidson from a “hold” rating to a “buy” rating in a research report on Friday, June 23rd. ValuEngine raised Harley-Davidson from a “hold” rating to a “buy” rating in a research report on Friday, July 7th. Barclays PLC reissued an “equal weight” rating and set a $52.00 price target (down previously from $53.00) on shares of Harley-Davidson in a research report on Friday, April 21st. Finally, Deutsche Bank AG reissued a “hold” rating and set a $50.00 price target (down previously from $52.00) on shares of Harley-Davidson in a research report on Thursday, April 20th. Two analysts have rated the stock with a sell rating, nineteen have issued a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $54.83.
Harley-Davidson, Inc is the parent company for the groups of companies doing business as Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS). The Company operates in two segments: the Motorcycles & Related Products (Motorcycles) and the Financial Services. The Motorcycles segment consists of HDMC, which designs, manufactures and sells at wholesale on-road Harley-Davidson motorcycles, as well as motorcycle parts, accessories, general merchandise and related services.
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