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

Harley-Davidson, Inc. (NYSE:HOGGet Free Report) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totalling 8,460,000 shares, a growth of 9.0% from the December 31st total of 7,760,000 shares. Approximately 6.1% of the shares of the company are short sold. Based on an average daily volume of 1,450,000 shares, the short-interest ratio is currently 5.8 days.

Harley-Davidson Stock Down 2.3 %

Shares of HOG opened at $32.45 on Thursday. The company has a market cap of $4.52 billion, a PE ratio of 6.60, a P/E/G ratio of 1.76 and a beta of 1.39. Harley-Davidson has a 52-week low of $25.43 and a 52-week high of $51.77. The company has a quick ratio of 1.74, a current ratio of 2.03 and a debt-to-equity ratio of 1.77. The business has a fifty day moving average of $33.75 and a 200 day moving average of $32.87.

Harley-Davidson Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 27th. Investors of record on Monday, December 11th were issued a $0.165 dividend. The ex-dividend date was Friday, December 8th. This represents a $0.66 annualized dividend and a dividend yield of 2.03%. Harley-Davidson’s payout ratio is currently 13.41%.

Hedge Funds Weigh In On Harley-Davidson

A number of large investors have recently added to or reduced their stakes in HOG. Prelude Capital Management LLC boosted its position in Harley-Davidson by 3.4% in the third quarter. Prelude Capital Management LLC now owns 8,624 shares of the company’s stock valued at $301,000 after buying an additional 282 shares during the last quarter. SageView Advisory Group LLC boosted its stake in Harley-Davidson by 3.7% during the 2nd quarter. SageView Advisory Group LLC now owns 8,504 shares of the company’s stock worth $299,000 after purchasing an additional 300 shares during the last quarter. Arizona State Retirement System boosted its position in Harley-Davidson by 1.0% during the third quarter. Arizona State Retirement System now owns 38,886 shares of the company’s stock worth $1,286,000 after acquiring an additional 384 shares during the last quarter. Treasurer of the State of North Carolina boosted its position in Harley-Davidson by 0.6% during the third quarter. Treasurer of the State of North Carolina now owns 66,502 shares of the company’s stock worth $2,199,000 after acquiring an additional 388 shares during the last quarter. Finally, National Bank of Canada FI boosted its position in Harley-Davidson by 30.3% during the third quarter. National Bank of Canada FI now owns 1,680 shares of the company’s stock worth $54,000 after acquiring an additional 391 shares during the last quarter. 82.29% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

HOG has been the subject of a number of analyst reports. BMO Capital Markets cut their price objective on shares of Harley-Davidson from $55.00 to $45.00 and set an “outperform” rating for the company in a research report on Friday, October 27th. StockNews.com initiated coverage on shares of Harley-Davidson in a research note on Thursday, October 5th. They set a “hold” rating on the stock. Citigroup lifted their target price on shares of Harley-Davidson from $33.00 to $36.00 and gave the stock a “neutral” rating in a research note on Monday, December 18th. Finally, TheStreet downgraded shares of Harley-Davidson from a “b-” rating to a “c+” rating in a research note on Friday, October 27th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, Harley-Davidson presently has a consensus rating of “Moderate Buy” and a consensus price target of $45.25.

Read Our Latest Stock Report on Harley-Davidson

Harley-Davidson Company Profile

(Get 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, and dual models, as well as motorcycle parts, accessories, and apparel, as well as licenses its trademarks and related services.

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