Harley-Davidson, Inc. (NYSE:HOG) Director Jochen Zeitz sold 1,859 shares of Harley-Davidson stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $47.80, for a total value of $88,860.20. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Shares of Harley-Davidson, Inc. (NYSE HOG) opened at $47.30 on Friday. Harley-Davidson, Inc. has a twelve month low of $44.52 and a twelve month high of $63.40. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.18 and a quick ratio of 1.03. The firm has a market capitalization of $7,960.35, a P/E ratio of 14.78, a PEG ratio of 1.62 and a beta of 0.94.
Harley-Davidson (NYSE:HOG) last issued its quarterly earnings results on Tuesday, October 17th. The company reported $0.40 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.40. Harley-Davidson had a return on equity of 28.69% and a net margin of 11.68%. The business had revenue of $962.10 million during the quarter, compared to the consensus estimate of $959.41 million. During the same period in the previous year, the business earned $0.64 EPS. The business’s quarterly revenue was down 11.9% on a year-over-year basis. sell-side analysts predict that Harley-Davidson, Inc. will post 3.43 earnings per share for the current fiscal year.
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Several research firms have commented on HOG. Argus upgraded Harley-Davidson from a “hold” rating to a “buy” rating and set a $53.00 price target for the company in a report on Friday, October 20th. TheStreet cut Harley-Davidson from a “b-” rating to a “c+” rating in a report on Tuesday, October 17th. Stifel Nicolaus lifted their price target on Harley-Davidson from $48.00 to $49.00 and gave the company a “hold” rating in a report on Wednesday, October 18th. Zacks Investment Research cut Harley-Davidson from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Finally, Goldman Sachs Group, Inc. (The) reissued a “hold” rating on shares of Harley-Davidson in a research report on Sunday, October 15th. Three investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $52.50.
Several hedge funds and other institutional investors have recently modified their holdings of the company. Cadence Capital Management LLC increased its holdings in shares of Harley-Davidson by 60.3% in the 3rd quarter. Cadence Capital Management LLC now owns 39,198 shares of the company’s stock valued at $1,890,000 after acquiring an additional 14,745 shares during the last quarter. Legal & General Group Plc increased its holdings in shares of Harley-Davidson by 3.4% in the 3rd quarter. Legal & General Group Plc now owns 965,765 shares of the company’s stock valued at $46,563,000 after acquiring an additional 31,591 shares during the last quarter. Great West Life Assurance Co. Can increased its holdings in shares of Harley-Davidson by 3.9% in the 3rd quarter. Great West Life Assurance Co. Can now owns 1,217,442 shares of the company’s stock valued at $59,557,000 after acquiring an additional 45,940 shares during the last quarter. Teachers Retirement System of The State of Kentucky increased its holdings in shares of Harley-Davidson by 1.4% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 96,998 shares of the company’s stock valued at $4,676,000 after acquiring an additional 1,373 shares during the last quarter. Finally, South Dakota Investment Council increased its holdings in shares of Harley-Davidson by 13.1% in the 3rd quarter. South Dakota Investment Council now owns 63,700 shares of the company’s stock valued at $3,071,000 after acquiring an additional 7,400 shares during the last quarter. Institutional investors and hedge funds own 92.05% of the company’s stock.
Harley-Davidson Company Profile
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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