Matrix Trust Co Has $171,000 Stock Holdings in Harley-Davidson, Inc. (NYSE:HOG)

Matrix Trust Co grew its position in Harley-Davidson, Inc. (NYSE:HOGFree Report) by 808.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,689 shares of the company’s stock after purchasing an additional 5,063 shares during the period. Matrix Trust Co’s holdings in Harley-Davidson were worth $171,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Prospera Private Wealth LLC acquired a new stake in Harley-Davidson in the third quarter worth $35,000. Ashton Thomas Securities LLC acquired a new stake in Harley-Davidson in the third quarter worth $38,000. Brooklyn Investment Group acquired a new stake in Harley-Davidson in the third quarter worth $79,000. GAMMA Investing LLC raised its holdings in Harley-Davidson by 24.6% in the third quarter. GAMMA Investing LLC now owns 2,502 shares of the company’s stock worth $96,000 after purchasing an additional 494 shares during the period. Finally, DekaBank Deutsche Girozentrale raised its holdings in Harley-Davidson by 191.3% in the second quarter. DekaBank Deutsche Girozentrale now owns 3,999 shares of the company’s stock worth $133,000 after purchasing an additional 2,626 shares during the period. 85.10% of the stock is currently owned by institutional investors and hedge funds.

Harley-Davidson Stock Performance

Shares of HOG opened at $27.79 on Monday. The firm has a 50-day moving average of $31.90 and a 200-day moving average of $34.33. Harley-Davidson, Inc. has a one year low of $27.69 and a one year high of $44.16. The company has a market cap of $3.54 billion, a PE ratio of 6.26, a price-to-earnings-growth ratio of 0.44 and a beta of 1.48. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.41 and a quick ratio of 1.25.

Harley-Davidson Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Tuesday, December 10th were given a $0.1725 dividend. This represents a $0.69 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date of this dividend was Tuesday, December 10th. Harley-Davidson’s dividend payout ratio (DPR) is presently 15.54%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Citigroup cut their target price on shares of Harley-Davidson from $39.00 to $34.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Baird R W downgraded shares of Harley-Davidson from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Robert W. Baird lowered their price objective on shares of Harley-Davidson from $40.00 to $36.00 and set a “neutral” rating for the company in a research report on Tuesday, December 31st. UBS Group lowered their price objective on shares of Harley-Davidson from $40.00 to $35.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. Finally, StockNews.com raised shares of Harley-Davidson from a “sell” rating to a “hold” rating in a research report on Wednesday, November 27th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $42.00.

Get Our Latest Research Report on HOG

Insider Activity

In other news, Director Maryrose Sylvester sold 4,278 shares of the firm’s stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $32.25, for a total transaction of $137,965.50. Following the completion of the sale, the director now owns 17,687 shares in the company, valued at approximately $570,405.75. This trade represents a 19.48 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.87% of the company’s stock.

About Harley-Davidson

(Free Report)

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.

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Institutional Ownership by Quarter for Harley-Davidson (NYSE:HOG)

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