Great West Life Assurance Co. Can increased its position in Harley-Davidson, Inc. (NYSE:HOG) by 68.3% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 1,171,502 shares of the company’s stock after buying an additional 475,539 shares during the period. Great West Life Assurance Co. Can owned about 0.67% of Harley-Davidson worth $63,177,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently made changes to their positions in the company. Wayne Hummer Investments L.L.C. purchased a new position in shares of Harley-Davidson during the first quarter worth $200,000. Stokes & Hubbell Capital Management LLC bought a new stake in shares of Harley-Davidson during the first quarter worth $201,000. Independent Advisor Alliance raised its stake in shares of Harley-Davidson by 491.5% in the first quarter. Independent Advisor Alliance now owns 3,336 shares of the company’s stock worth $200,000 after buying an additional 2,772 shares in the last quarter. Appleton Group LLC bought a new stake in shares of Harley-Davidson during the first quarter worth $210,000. Finally, Northside Capital Management LLC bought a new stake in shares of Harley-Davidson during the first quarter worth $218,000. Institutional investors own 85.14% of the company’s stock.
Shares of Harley-Davidson, Inc. (NYSE:HOG) traded up 0.46% on Friday, hitting $47.54. 1,923,559 shares of the company traded hands. The company has a market capitalization of $8.29 billion, a PE ratio of 13.92 and a beta of 0.84. Harley-Davidson, Inc. has a 12 month low of $46.00 and a 12 month high of $63.40. The stock’s 50-day moving average price is $50.61 and its 200-day moving average price is $55.49.
Harley-Davidson (NYSE:HOG) last issued its earnings results on Tuesday, July 18th. The company reported $1.48 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.38 by $0.10. Harley-Davidson had a return on equity of 30.51% and a net margin of 12.30%. The firm had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.60 billion. During the same quarter last year, the business earned $1.55 earnings per share. The company’s revenue was down 5.6% compared to the same quarter last year. On average, equities analysts predict that Harley-Davidson, Inc. will post $3.39 earnings per share for the current year.
A number of equities research analysts have weighed in on the stock. UBS AG reiterated a “neutral” rating and set a $57.00 target price on shares of Harley-Davidson in a research note on Monday, April 17th. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and issued a $54.00 price objective on shares of Harley-Davidson in a research note on Tuesday, April 18th. Wedbush reduced their price objective on Harley-Davidson from $55.00 to $53.00 and set a “neutral” rating for the company in a research note on Wednesday, April 19th. Royal Bank Of Canada reduced their price objective on Harley-Davidson from $60.00 to $57.00 and set a “sector perform” rating for the company in a research note on Wednesday, April 19th. Finally, Tigress Financial restated a “buy” rating on shares of Harley-Davidson in a research note on Thursday, April 20th. Two investment analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $54.83.
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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