Thompson Investment Management Inc. grew its holdings in shares of Harley-Davidson, Inc. (NYSE:HOG) by 4.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 81,778 shares of the company’s stock after buying an additional 3,319 shares during the period. Thompson Investment Management Inc.’s holdings in Harley-Davidson were worth $3,943,000 as of its most recent filing with the SEC.
Several other institutional investors have also bought and sold shares of HOG. Geneva Advisors LLC boosted its holdings in shares of Harley-Davidson by 5.4% during the 2nd quarter. Geneva Advisors LLC now owns 3,937 shares of the company’s stock worth $213,000 after buying an additional 200 shares in the last quarter. Wedbush Securities Inc. raised its position in shares of Harley-Davidson by 20.7% during the second quarter. Wedbush Securities Inc. now owns 4,078 shares of the company’s stock worth $220,000 after purchasing an additional 700 shares during the period. Annex Advisory Services LLC raised its position in shares of Harley-Davidson by 2.5% during the second quarter. Annex Advisory Services LLC now owns 4,114 shares of the company’s stock worth $222,000 after purchasing an additional 102 shares during the period. Contravisory Investment Management Inc. raised its position in shares of Harley-Davidson by 1.7% during the second quarter. Contravisory Investment Management Inc. now owns 4,291 shares of the company’s stock worth $232,000 after purchasing an additional 72 shares during the period. Finally, Vontobel Swiss Wealth Advisors AG acquired a new position in shares of Harley-Davidson during the second quarter worth approximately $239,000. Hedge funds and other institutional investors own 93.32% of the company’s stock.
In other news, insider Lawrence G. Hund sold 8,660 shares of the stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $46.88, for a total transaction of $405,980.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jochen Zeitz sold 1,859 shares of the stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $47.80, for a total value of $88,860.20. The disclosure for this sale can be found here. Insiders have sold a total of 73,739 shares of company stock valued at $3,524,954 in the last quarter. 0.70% of the stock is owned by corporate insiders.
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A number of equities analysts have recently weighed in on HOG shares. Stifel Nicolaus reaffirmed a “buy” rating and set a $48.00 target price (down from $51.00) on shares of Harley-Davidson in a research report on Tuesday, October 10th. Tigress Financial reaffirmed a “buy” rating on shares of Harley-Davidson in a research report on Friday, July 21st. BMO Capital Markets reaffirmed a “buy” rating and set a $56.00 target price on shares of Harley-Davidson in a research report on Friday, September 8th. Argus raised Harley-Davidson from a “hold” rating to a “buy” rating and set a $53.00 target price on the stock in a research report on Friday, October 20th. Finally, TheStreet lowered Harley-Davidson from a “b-” rating to a “c+” rating in a research report on Tuesday, October 17th. Three investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and five have assigned a buy rating to the company. Harley-Davidson currently has a consensus rating of “Hold” and a consensus target price of $52.50.
Shares of Harley-Davidson, Inc. (NYSE HOG) traded up $1.00 during trading hours on Thursday, reaching $48.47. The company’s stock had a trading volume of 674,438 shares, compared to its average volume of 2,258,833. The company has a market cap of $7,898.09, a P/E ratio of 14.67, a PEG ratio of 1.61 and a beta of 0.94. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.18 and a quick ratio of 1.03. Harley-Davidson, Inc. has a 52-week low of $44.52 and a 52-week high of $63.40.
Harley-Davidson (NYSE:HOG) last announced its quarterly earnings data on Tuesday, October 17th. The company reported $0.40 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.40. The firm had revenue of $962.10 million during the quarter, compared to the consensus estimate of $959.41 million. Harley-Davidson had a return on equity of 28.69% and a net margin of 11.68%. The business’s revenue for the quarter was down 11.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.64 EPS. sell-side analysts forecast that Harley-Davidson, Inc. will post 3.43 EPS for the current year.
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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