Advisor OS LLC Invests $361,000 in Harley-Davidson, Inc. (NYSE:HOG)

Advisor OS LLC purchased a new position in Harley-Davidson, Inc. (NYSE:HOG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,988 shares of the company’s stock, valued at approximately $361,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Pacer Advisors Inc. raised its holdings 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 worth $164,754,000 after buying an additional 1,285,225 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Harley-Davidson by 12.0% in the fourth quarter. Bank of New York Mellon Corp now owns 1,470,130 shares of the company’s stock worth $44,295,000 after buying an additional 157,939 shares during the period. JPMorgan Chase & Co. raised 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 worth $20,555,000 after buying an additional 148,537 shares during the period. Hotchkis & Wiley Capital Management LLC raised its holdings in shares of Harley-Davidson by 559.4% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 394,680 shares of the company’s stock worth $15,207,000 after buying an additional 334,830 shares during the period. Finally, Algert Global LLC raised its holdings in shares of Harley-Davidson by 72.6% in the third quarter. Algert Global LLC now owns 327,286 shares of the company’s stock worth $12,610,000 after buying an additional 137,644 shares during the period. 85.10% of the stock is currently owned by hedge funds and other institutional investors.

Harley-Davidson Stock Up 0.1 %

Shares of NYSE HOG opened at $26.36 on Friday. The company has a current ratio of 1.40, a quick ratio of 1.19 and a debt-to-equity ratio of 1.41. The stock has a market capitalization of $3.36 billion, a PE ratio of 7.91, a price-to-earnings-growth ratio of 0.38 and a beta of 1.46. The stock’s fifty day simple moving average is $28.12 and its two-hundred day simple moving average is $32.58. Harley-Davidson, Inc. has a 12-month low of $25.25 and a 12-month high of $44.16.

Harley-Davidson (NYSE:HOG) last announced its earnings results on Wednesday, February 5th. The company reported ($0.93) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.65) by ($0.28). Harley-Davidson had a net margin of 9.25% and a return on equity of 13.64%. During the same period in the prior year, the firm posted $0.18 EPS. As a group, analysts expect that Harley-Davidson, Inc. will post 3.44 EPS for the current fiscal year.

Harley-Davidson Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 2.73%. The ex-dividend date is Friday, February 28th. This is a boost from Harley-Davidson’s previous quarterly dividend of $0.17. Harley-Davidson’s dividend payout ratio (DPR) is 21.62%.

Analyst Ratings Changes

Several research analysts recently issued reports on HOG shares. Robert W. Baird dropped their price objective on Harley-Davidson from $40.00 to $36.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 31st. UBS Group dropped their price objective on Harley-Davidson from $35.00 to $28.00 and set a “neutral” rating on the stock in a research note on Thursday, February 20th. Bank of America dropped their price objective on Harley-Davidson from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Thursday, January 30th. DA Davidson dropped their price objective on Harley-Davidson from $39.00 to $31.00 and set a “buy” rating on the stock in a research note on Tuesday, February 4th. Finally, Citigroup dropped their price objective on Harley-Davidson from $31.00 to $29.00 and set a “neutral” rating on the stock in a research note on Thursday, February 6th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $33.57.

Insider Transactions at Harley-Davidson

In other news, insider Luke Christopher Mansfield sold 3,400 shares of the firm’s stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $25.96, for a total value of $88,264.00. Following the completion of the sale, the insider now owns 23,555 shares of the company’s stock, valued at $611,487.80. This trade represents a 12.61 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.87% of the company’s stock.

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.