24,100 Shares in Harley-Davidson, Inc. (NYSE:HOG) Acquired by Skylands Capital LLC

Skylands Capital LLC purchased a new stake in shares of Harley-Davidson, Inc. (NYSE:HOG) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 24,100 shares of the company’s stock, valued at approximately $726,000.

A number of other hedge funds have also modified their holdings of HOG. Venturi Wealth Management LLC raised its position in shares of Harley-Davidson by 172.0% during the 4th quarter. Venturi Wealth Management LLC now owns 876 shares of the company’s stock valued at $26,000 after purchasing an additional 554 shares during the period. Prospera Private Wealth LLC purchased a new position in shares of Harley-Davidson in the third quarter valued at about $35,000. Ashton Thomas Securities LLC bought a new position in shares of Harley-Davidson in the third quarter worth about $38,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Harley-Davidson during the fourth quarter worth about $42,000. Finally, Global Retirement Partners LLC raised its stake in Harley-Davidson by 84.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,850 shares of the company’s stock valued at $56,000 after purchasing an additional 846 shares during the period. 85.10% of the stock is currently owned by institutional investors.

Insider Transactions at Harley-Davidson

In other Harley-Davidson news, insider Luke Christopher Mansfield sold 3,400 shares of the company’s stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $25.96, for a total value of $88,264.00. Following the transaction, the insider now directly owns 23,555 shares in the company, valued at $611,487.80. This represents a 12.61 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.87% of the company’s stock.

Analyst Upgrades and Downgrades

HOG has been the subject of several recent analyst reports. StockNews.com upgraded Harley-Davidson from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th. Citigroup cut their target price on shares of Harley-Davidson from $31.00 to $29.00 and set a “neutral” rating for the company in a research note on Thursday, February 6th. Morgan Stanley decreased their price target on shares of Harley-Davidson from $33.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 6th. Bank of America cut their price objective on Harley-Davidson from $40.00 to $35.00 and set a “buy” rating for the company in a research report on Thursday, January 30th. Finally, UBS Group decreased their target price on Harley-Davidson from $35.00 to $28.00 and set a “neutral” rating on the stock in a research report on Thursday. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $33.57.

Harley-Davidson Stock Down 1.8 %

Shares of NYSE:HOG opened at $26.47 on Monday. The company has a market cap of $3.37 billion, a price-to-earnings ratio of 7.95, a PEG ratio of 0.38 and a beta of 1.46. Harley-Davidson, Inc. has a 12 month low of $25.25 and a 12 month high of $44.16. 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 company has a 50-day moving average price of $28.49 and a 200 day moving average price of $32.79.

Harley-Davidson (NYSE:HOG) last posted its quarterly earnings data 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 business earned $0.18 earnings per share. As a group, equities research analysts predict that Harley-Davidson, Inc. will post 3.44 earnings per share for the current year.

Harley-Davidson Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.72 annualized dividend and a dividend yield of 2.72%. This is an increase from Harley-Davidson’s previous quarterly dividend of $0.17. Harley-Davidson’s dividend payout ratio is currently 21.62%.

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.