Impax Asset Management Group plc Increases Stock Position in Harley-Davidson, Inc. (NYSE:HOG)

Impax Asset Management Group plc raised its holdings in shares of Harley-Davidson, Inc. (NYSE:HOGFree Report) by 76.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 21,183 shares of the company’s stock after acquiring an additional 9,200 shares during the quarter. Impax Asset Management Group plc’s holdings in Harley-Davidson were worth $780,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Lazard Asset Management LLC bought a new position in shares of Harley-Davidson during the first quarter valued at $31,000. BKM Wealth Management LLC bought a new stake in Harley-Davidson in the 4th quarter worth about $36,000. Penserra Capital Management LLC purchased a new position in Harley-Davidson in the 3rd quarter worth about $44,000. Headinvest LLC bought a new position in Harley-Davidson during the 3rd quarter valued at about $52,000. Finally, National Bank of Canada FI boosted its holdings in shares of Harley-Davidson by 30.3% during the 3rd quarter. National Bank of Canada FI now owns 1,680 shares of the company’s stock valued at $54,000 after acquiring an additional 391 shares during the last quarter. Institutional investors own 85.10% of the company’s stock.

Harley-Davidson Trading Down 1.8 %

Shares of NYSE:HOG opened at $40.60 on Friday. The stock has a 50 day moving average of $39.38 and a 200 day moving average of $34.46. The company has a market cap of $5.46 billion, a PE ratio of 8.42, a price-to-earnings-growth ratio of 2.70 and a beta of 1.43. Harley-Davidson, Inc. has a 12-month low of $25.43 and a 12-month high of $44.16. The company has a current ratio of 1.53, a quick ratio of 1.25 and a debt-to-equity ratio of 1.53.

Harley-Davidson (NYSE:HOGGet Free Report) last issued its quarterly earnings results on Thursday, February 8th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.14. The business had revenue of $791.65 million for the quarter, compared to the consensus estimate of $875.29 million. Harley-Davidson had a net margin of 12.11% and a return on equity of 22.00%. The company’s revenue for the quarter was down 13.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.28 earnings per share. As a group, equities research analysts expect that Harley-Davidson, Inc. will post 4.22 EPS for the current year.

Harley-Davidson Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 4th were issued a $0.1725 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $0.69 annualized dividend and a yield of 1.70%. This is an increase from Harley-Davidson’s previous quarterly dividend of $0.17. Harley-Davidson’s dividend payout ratio is currently 14.32%.

Analysts Set New Price Targets

HOG has been the topic of a number of research analyst reports. Citigroup increased their price objective on shares of Harley-Davidson from $36.00 to $37.00 and gave the company a “neutral” rating in a research report on Tuesday, February 27th. UBS Group increased their price target on Harley-Davidson from $29.00 to $39.00 and gave the company a “neutral” rating in a report on Friday, February 16th. DA Davidson upped their price objective on Harley-Davidson from $42.00 to $49.00 and gave the company a “buy” rating in a research report on Thursday. BMO Capital Markets raised their target price on Harley-Davidson from $45.00 to $50.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 3rd. Finally, Bank of America upped their price target on shares of Harley-Davidson from $50.00 to $55.00 and gave the company a “buy” rating in a research report on Thursday, March 14th. Four 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, Harley-Davidson presently has an average rating of “Moderate Buy” and an average price target of $46.67.

Get Our Latest Stock Analysis on HOG

Harley-Davidson Profile

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

Featured Articles

Want to see what other hedge funds are holding HOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Harley-Davidson, Inc. (NYSE:HOGFree Report).

Institutional Ownership by Quarter for Harley-Davidson (NYSE:HOG)

Receive News & Ratings for Harley-Davidson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harley-Davidson and related companies with MarketBeat.com's FREE daily email newsletter.