Harley-Davidson, Inc. (HOG) Shares Bought by Candriam Luxembourg S.C.A.
Candriam Luxembourg S.C.A. lifted its holdings in shares of Harley-Davidson, Inc. (NYSE:HOG) by 1.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 89,169 shares of the company’s stock after purchasing an additional 1,578 shares during the quarter. Candriam Luxembourg S.C.A. owned about 0.05% of Harley-Davidson worth $4,299,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of Harley-Davidson by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 17,684,083 shares of the company’s stock worth $955,294,000 after purchasing an additional 267,352 shares during the period. Capital Research Global Investors grew its holdings in shares of Harley-Davidson by 605.1% during the 2nd quarter. Capital Research Global Investors now owns 16,732,599 shares of the company’s stock worth $903,895,000 after purchasing an additional 14,359,571 shares during the period. BlackRock Inc. grew its holdings in shares of Harley-Davidson by 1.5% during the 2nd quarter. BlackRock Inc. now owns 10,724,574 shares of the company’s stock worth $579,342,000 after purchasing an additional 154,675 shares during the period. Independent Franchise Partners LLP grew its holdings in shares of Harley-Davidson by 53.3% during the 3rd quarter. Independent Franchise Partners LLP now owns 8,101,285 shares of the company’s stock worth $390,562,000 after purchasing an additional 2,815,749 shares during the period. Finally, LSV Asset Management grew its holdings in shares of Harley-Davidson by 1.0% during the 2nd quarter. LSV Asset Management now owns 4,044,113 shares of the company’s stock worth $218,462,000 after purchasing an additional 39,699 shares during the period. Institutional investors and hedge funds own 93.32% of the company’s stock.
A number of brokerages recently commented on HOG. UBS AG restated a “hold” rating and set a $47.00 target price on shares of Harley-Davidson in a report on Wednesday, September 13th. Aegis began coverage on Harley-Davidson in a report on Monday, August 28th. They set a “hold” rating and a $49.00 target price for the company. Tigress Financial restated a “buy” rating on shares of Harley-Davidson in a report on Friday, July 21st. Zacks Investment Research upgraded Harley-Davidson from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 19th. Finally, Goldman Sachs Group, Inc. (The) lowered their target price on Harley-Davidson from $51.00 to $46.00 and set a “neutral” rating for the company in a report on Wednesday, July 19th. Three equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $52.50.
Shares of Harley-Davidson, Inc. (NYSE:HOG) opened at $46.88 on Tuesday. The company has a debt-to-equity ratio of 2.48, a quick ratio of 1.03 and a current ratio of 1.18. Harley-Davidson, Inc. has a 12-month low of $44.52 and a 12-month high of $63.40. The firm has a market capitalization of $7,960.36, a PE ratio of 14.78, a PEG ratio of 1.62 and a beta of 0.94.
Harley-Davidson (NYSE:HOG) last issued its earnings results on Tuesday, October 17th. The company reported $0.40 earnings per share for the quarter, hitting the consensus estimate of $0.40. Harley-Davidson had a return on equity of 28.69% and a net margin of 11.68%. The business had revenue of $962.10 million for the quarter, compared to analyst estimates of $959.41 million. During the same quarter last year, the company earned $0.64 EPS. The business’s quarterly revenue was down 11.9% on a year-over-year basis. research analysts forecast that Harley-Davidson, Inc. will post 3.43 earnings per share for the current fiscal year.
In other news, insider Lawrence G. Hund sold 15,013 shares of the firm’s 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 sale, the insider now owns 23,673 shares of the company’s stock, valued at approximately $1,116,892.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jochen Zeitz sold 1,859 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $47.80, for a total value of $88,860.20. The disclosure for this sale can be found here. Insiders have sold a total of 73,739 shares of company stock worth $3,524,954 in the last three months. Corporate insiders own 0.70% of the company’s stock.
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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