Boston Partners Has $193.11 Million Stock Holdings in Harley-Davidson, Inc. (NYSE:HOG)

Boston Partners lessened its stake in Harley-Davidson, Inc. (NYSE:HOG) by 13.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,410,671 shares of the company’s stock after selling 970,954 shares during the quarter. Boston Partners owned 5.03% of Harley-Davidson worth $193,106,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of HOG. Venturi Wealth Management LLC grew its stake in Harley-Davidson by 172.0% in the 4th quarter. Venturi Wealth Management LLC now owns 876 shares of the company’s stock valued at $26,000 after buying an additional 554 shares during the last quarter. Prospera Private Wealth LLC bought a new stake in Harley-Davidson in the 3rd quarter valued at $35,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in Harley-Davidson in the 4th quarter valued at $42,000. Global Retirement Partners LLC boosted its holdings in Harley-Davidson by 84.3% in 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. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new stake in Harley-Davidson in the 4th quarter valued at $65,000. Institutional investors and hedge funds own 85.10% of the company’s stock.

Harley-Davidson Price Performance

NYSE:HOG opened at $25.20 on Wednesday. Harley-Davidson, Inc. has a 52 week low of $23.81 and a 52 week high of $44.16. The company has a market capitalization of $3.14 billion, a price-to-earnings ratio of 7.57, a PEG ratio of 0.38 and a beta of 1.49. The company has a 50-day moving average of $26.84 and a 200-day moving average of $31.45. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.19 and a current ratio of 1.40.

Harley-Davidson (NYSE:HOG) last announced its quarterly earnings results 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 quarter in the prior year, the company earned $0.18 EPS. As a group, equities research analysts anticipate that Harley-Davidson, Inc. will post 3.44 earnings per share for the current fiscal year.

Harley-Davidson Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a dividend of $0.18 per share. This is an increase from Harley-Davidson’s previous quarterly dividend of $0.17. This represents a $0.72 annualized dividend and a yield of 2.86%. The ex-dividend date was Friday, February 28th. Harley-Davidson’s dividend payout ratio (DPR) is currently 21.62%.

Wall Street Analyst Weigh In

HOG has been the subject of a number of research reports. Morgan Stanley reduced their price target on shares of Harley-Davidson from $33.00 to $31.00 and set an “equal weight” rating for the company in a report on Thursday, February 6th. UBS Group reduced their price target on shares of Harley-Davidson from $35.00 to $28.00 and set a “neutral” rating for the company in a report on Thursday, February 20th. StockNews.com raised shares of Harley-Davidson from a “sell” rating to a “hold” rating in a report on Wednesday, November 27th. Robert W. Baird reduced their price objective on shares of Harley-Davidson from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Tuesday, December 31st. Finally, Bank of America reduced their price objective on shares of Harley-Davidson from $40.00 to $35.00 and set a “buy” rating for the company in a report on Thursday, January 30th. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $33.57.

Insider Activity at Harley-Davidson

In other Harley-Davidson news, insider Luke Christopher Mansfield sold 3,400 shares of the firm’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 completion of the sale, the insider now owns 23,555 shares in the company, valued at approximately $611,487.80. This trade represents a 12.61 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.87% of the stock is currently owned by insiders.

Harley-Davidson 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.