Voya Investment Management LLC lessened its position in Harley-Davidson, Inc. (NYSE:HOG) by 8.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 108,806 shares of the company’s stock after selling 9,431 shares during the quarter. Voya Investment Management LLC owned about 0.06% of Harley-Davidson worth $5,878,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. raised its holdings in Harley-Davidson by 0.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,100 shares of the company’s stock worth $384,000 after acquiring an additional 66 shares during the period. Contravisory Investment Management Inc. raised its holdings in Harley-Davidson by 1.7% in the 2nd quarter. Contravisory Investment Management Inc. now owns 4,291 shares of the company’s stock worth $232,000 after acquiring an additional 72 shares during the period. Louisiana State Employees Retirement System raised its holdings in Harley-Davidson by 0.9% in the 2nd quarter. Louisiana State Employees Retirement System now owns 10,900 shares of the company’s stock worth $589,000 after acquiring an additional 100 shares during the period. Annex Advisory Services LLC raised its holdings in Harley-Davidson by 2.5% in the 2nd quarter. Annex Advisory Services LLC now owns 4,114 shares of the company’s stock worth $222,000 after acquiring an additional 102 shares during the period. Finally, Pacer Advisors Inc. raised its holdings in Harley-Davidson by 3.3% in the 1st quarter. Pacer Advisors Inc. now owns 3,698 shares of the company’s stock worth $224,000 after acquiring an additional 117 shares during the period. Hedge funds and other institutional investors own 91.04% of the company’s stock.

Several research analysts recently commented on the stock. BidaskClub upgraded shares of Harley-Davidson from a “hold” rating to a “buy” rating in a report on Friday, June 23rd. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a $53.00 target price on shares of Harley-Davidson in a report on Sunday, June 18th. UBS AG reiterated a “neutral” rating and issued a $57.00 target price on shares of Harley-Davidson in a report on Monday, June 26th. Jefferies Group LLC reiterated a “hold” rating and issued a $49.00 target price on shares of Harley-Davidson in a report on Tuesday, July 4th. Finally, ValuEngine upgraded shares of Harley-Davidson from a “hold” rating to a “buy” rating in a report on Friday, July 7th. Two equities research analysts have rated the stock with a sell rating, eighteen have given a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $52.38.

In other Harley-Davidson news, insider Lawrence G. Hund sold 15,013 shares of Harley-Davidson stock in a transaction dated Wednesday, August 30th. The stock was sold at an average price of $47.18, for a total transaction of $708,313.34. Following the completion of the sale, the insider now directly owns 23,673 shares of the company’s stock, valued at approximately $1,116,892.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.70% of the stock is owned by insiders.

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Harley-Davidson, Inc. (NYSE:HOG) opened at 46.32 on Wednesday. Harley-Davidson, Inc. has a 52-week low of $45.53 and a 52-week high of $63.40. The firm has a market capitalization of $8.08 billion, a price-to-earnings ratio of 13.56 and a beta of 0.87. The firm has a 50-day moving average of $47.72 and a 200-day moving average of $52.22.

Harley-Davidson (NYSE:HOG) last announced its quarterly 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. The company had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.60 billion. Harley-Davidson had a return on equity of 30.51% and a net margin of 12.30%. Harley-Davidson’s revenue for the quarter was down 5.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.55 EPS. On average, equities research analysts forecast that Harley-Davidson, Inc. will post $3.38 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 22nd. Shareholders of record on Tuesday, September 12th were issued a dividend of $0.365 per share. This represents a $1.46 dividend on an annualized basis and a yield of 3.15%. The ex-dividend date of this dividend was Monday, September 11th. Harley-Davidson’s dividend payout ratio (DPR) is 42.44%.

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

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

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