Harley-Davidson Inc. (NYSE:HOG) has been given a consensus rating of “Hold” by the twenty-five ratings firms that are presently covering the firm. Three research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and five have issued a buy rating on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $53.53.

HOG has been the topic of a number of research analyst reports. Morgan Stanley reissued an “overweight” rating and issued a $61.00 price target (up from $54.00) on shares of Harley-Davidson in a research note on Monday. Royal Bank Of Canada raised Harley-Davidson from an “underperform” rating to a “sector perform” rating and raised their price target for the stock from $46.00 to $57.00 in a research note on Tuesday, November 15th. RBC Capital Markets raised Harley-Davidson from an “underperform” rating to a “sector perform” rating and raised their price target for the stock from $46.00 to $57.00 in a research note on Tuesday, November 15th. Northcoast Research reissued a “neutral” rating on shares of Harley-Davidson in a research note on Friday, November 18th. Finally, Argus reissued a “hold” rating on shares of Harley-Davidson in a research note on Sunday, October 23rd.

Harley-Davidson (NYSE:HOG) traded up 1.22% during trading on Wednesday, reaching $60.65. 669,976 shares of the company traded hands. The firm’s 50 day moving average price is $56.14 and its 200 day moving average price is $51.13. The firm has a market capitalization of $10.82 billion, a price-to-earnings ratio of 16.24 and a beta of 0.96. Harley-Davidson has a 12-month low of $36.36 and a 12-month high of $61.35.

Harley-Davidson (NYSE:HOG) last posted its quarterly earnings data on Tuesday, October 18th. The company reported $0.64 EPS for the quarter, meeting analysts’ consensus estimates of $0.64. The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.09 billion. Harley-Davidson had a return on equity of 35.49% and a net margin of 12.86%. The business’s revenue for the quarter was down 4.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.69 earnings per share. Equities research analysts expect that Harley-Davidson will post $3.88 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 30th. Stockholders of record on Friday, December 16th will be given a $0.35 dividend. The ex-dividend date of this dividend is Wednesday, December 14th. This represents a $1.40 annualized dividend and a dividend yield of 2.34%. Harley-Davidson’s payout ratio is 37.14%.

ILLEGAL ACTIVITY NOTICE: “Harley-Davidson Inc. (HOG) Given Consensus Recommendation of “Hold” by Brokerages” was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this news story on another site, it was copied illegally and republished in violation of U.S. and international copyright and trademark law. The correct version of this news story can be viewed at https://www.thecerbatgem.com/2016/11/30/harley-davidson-inc-hog-given-consensus-recommendation-of-hold-by-brokerages.html.

In related news, insider Lawrence G. Hund sold 28,271 shares of the business’s stock in a transaction that occurred on Monday, November 14th. The stock was sold at an average price of $60.00, for a total transaction of $1,696,260.00. Following the completion of the transaction, the insider now owns 25,438 shares in the company, valued at approximately $1,526,280. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Joanne M. Bischmann sold 5,037 shares of the business’s stock in a transaction that occurred on Monday, November 14th. The shares were sold at an average price of $60.00, for a total value of $302,220.00. Following the transaction, the vice president now owns 6,771 shares of the company’s stock, valued at approximately $406,260. The disclosure for this sale can be found here. Corporate insiders own 0.99% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bronfman E.L. Rothschild L.P. raised its position in Harley-Davidson by 0.3% in the third quarter. Bronfman E.L. Rothschild L.P. now owns 1,925 shares of the company’s stock worth $101,000 after buying an additional 5 shares in the last quarter. Municipal Employees Retirement System of Michigan raised its position in Harley-Davidson by 0.3% in the third quarter. Municipal Employees Retirement System of Michigan now owns 5,740 shares of the company’s stock worth $302,000 after buying an additional 20 shares in the last quarter. Concert Wealth Management Inc. raised its position in Harley-Davidson by 0.6% in the third quarter. Concert Wealth Management Inc. now owns 4,977 shares of the company’s stock worth $261,000 after buying an additional 28 shares in the last quarter. Boston Private Wealth LLC raised its position in Harley-Davidson by 0.5% in the second quarter. Boston Private Wealth LLC now owns 6,360 shares of the company’s stock worth $288,000 after buying an additional 30 shares in the last quarter. Finally, Fulton Bank N.A. raised its position in Harley-Davidson by 0.6% in the third quarter. Fulton Bank N.A. now owns 9,301 shares of the company’s stock worth $489,000 after buying an additional 52 shares in the last quarter. Institutional investors and hedge funds own 91.60% of the company’s stock.

Harley-Davidson Company Profile

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 l Harley-Davidson motorcycles, as well as a line of motorcycle parts, accessories, general merchandise and related services.

5 Day Chart for NYSE:HOG

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