Harley-Davidson, Inc. (NYSE:HOG) Short Interest Update

Harley-Davidson, Inc. (NYSE:HOG) was the target of a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 9,690,000 shares, a decline of 6.5% from the November 15th total of 10,360,000 shares. Approximately 7.7% of the company’s stock are short sold. Based on an average daily volume of 1,660,000 shares, the short-interest ratio is currently 5.8 days.

Wall Street Analyst Weigh In

HOG has been the subject of a number of research analyst reports. StockNews.com upgraded Harley-Davidson from a “sell” rating to a “hold” rating in a research report on Wednesday, November 27th. UBS Group lowered their price target on Harley-Davidson from $40.00 to $35.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. Baird R W cut 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 Harley-Davidson from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $44.00 to $40.00 in a research report on Wednesday, October 2nd. Finally, Bank of America dropped their target price on Harley-Davidson from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Tuesday, October 15th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $42.57.

Harley-Davidson Trading Down 1.3 %

NYSE HOG opened at $31.57 on Wednesday. The company has a fifty day moving average of $33.35 and a 200 day moving average of $34.85. The company has a market capitalization of $4.02 billion, a PE ratio of 7.11, a P/E/G ratio of 0.45 and a beta of 1.47. 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 has a 1 year low of $31.32 and a 1 year high of $44.16.

Harley-Davidson Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Tuesday, December 10th will be issued a dividend of $0.1725 per share. This represents a $0.69 annualized dividend and a yield of 2.19%. The ex-dividend date is Tuesday, December 10th. Harley-Davidson’s dividend payout ratio (DPR) is 15.54%.

Insider Buying and Selling at Harley-Davidson

In other Harley-Davidson news, Director Maryrose Sylvester sold 4,278 shares of the firm’s stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $32.25, for a total value of $137,965.50. Following the completion of the sale, the director now directly owns 17,687 shares of the company’s stock, valued at $570,405.75. This trade represents a 19.48 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.87% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of HOG. Fifth Third Bancorp increased its stake in shares of Harley-Davidson by 19.5% in the 2nd quarter. Fifth Third Bancorp now owns 1,970 shares of the company’s stock valued at $66,000 after purchasing an additional 322 shares in the last quarter. MML Investors Services LLC lifted its position in shares of Harley-Davidson by 4.7% in the third quarter. MML Investors Services LLC now owns 8,430 shares of the company’s stock valued at $325,000 after acquiring an additional 379 shares in the last quarter. Covestor Ltd boosted its stake in shares of Harley-Davidson by 14.7% in the third quarter. Covestor Ltd now owns 3,505 shares of the company’s stock worth $135,000 after acquiring an additional 448 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Harley-Davidson by 24.6% during 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 in the last quarter. Finally, Signaturefd LLC lifted its holdings in Harley-Davidson by 46.8% in the 2nd quarter. Signaturefd LLC now owns 1,872 shares of the company’s stock valued at $63,000 after purchasing an additional 597 shares in the last quarter. 85.10% of the stock is owned by institutional investors and hedge funds.

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.