Global Thematic Partners LLC decreased its stake in shares of Harley-Davidson Inc (NYSE:HOG) by 53.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 171,381 shares of the company’s stock after selling 197,616 shares during the period. Global Thematic Partners LLC owned 0.11% of Harley-Davidson worth $6,111,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Segall Bryant & Hamill LLC boosted its holdings in shares of Harley-Davidson by 3.2% in the 4th quarter. Segall Bryant & Hamill LLC now owns 9,728 shares of the company’s stock valued at $332,000 after buying an additional 300 shares during the last quarter. LS Investment Advisors LLC lifted its stake in shares of Harley-Davidson by 1.5% in the fourth quarter. LS Investment Advisors LLC now owns 21,298 shares of the company’s stock worth $727,000 after acquiring an additional 315 shares during the period. Daiwa Securities Group Inc. lifted its stake in shares of Harley-Davidson by 7.8% in the fourth quarter. Daiwa Securities Group Inc. now owns 6,185 shares of the company’s stock worth $211,000 after acquiring an additional 450 shares during the period. Rehmann Capital Advisory Group lifted its stake in Harley-Davidson by 27.7% in the fourth quarter. Rehmann Capital Advisory Group now owns 2,288 shares of the company’s stock valued at $78,000 after buying an additional 497 shares during the period. Finally, Claybrook Capital LLC lifted its stake in Harley-Davidson by 41.3% in the third quarter. Claybrook Capital LLC now owns 1,710 shares of the company’s stock valued at $138,000 after buying an additional 500 shares during the period. Institutional investors own 90.81% of the company’s stock.

HOG has been the topic of a number of recent research reports. Zacks Investment Research cut Harley-Davidson from a “buy” rating to a “hold” rating in a research report on Wednesday. Northcoast Research reiterated a “neutral” rating on shares of Harley-Davidson in a report on Thursday, April 4th. ValuEngine upgraded Harley-Davidson from a “strong sell” rating to a “sell” rating in a research note on Monday, February 4th. William Blair reissued a “market perform” rating on shares of Harley-Davidson in a report on Tuesday, January 29th. Finally, Wells Fargo & Co cut their price objective on Harley-Davidson from $46.00 to $40.00 and set an “outperform” rating for the company in a report on Tuesday, December 18th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the stock. Harley-Davidson presently has an average rating of “Hold” and an average target price of $43.46.

Shares of HOG stock traded up $0.09 during trading on Thursday, hitting $39.42. 1,323,629 shares of the stock traded hands, compared to its average volume of 2,314,677. The firm has a market cap of $6.27 billion, a PE ratio of 10.43, a PEG ratio of 1.38 and a beta of 1.14. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.09 and a current ratio of 1.25. Harley-Davidson Inc has a 52-week low of $31.36 and a 52-week high of $46.79.

Harley-Davidson (NYSE:HOG) last posted its earnings results on Tuesday, January 29th. The company reported $0.17 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by ($0.16). Harley-Davidson had a net margin of 9.30% and a return on equity of 30.76%. The company had revenue of $955.63 billion during the quarter, compared to analyst estimates of $1.05 billion. During the same quarter last year, the business posted $0.05 EPS. The firm’s revenue for the quarter was up 91173.4% on a year-over-year basis. Equities research analysts predict that Harley-Davidson Inc will post 3.53 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, March 14th were paid a $0.375 dividend. This is an increase from Harley-Davidson’s previous quarterly dividend of $0.37. The ex-dividend date was Wednesday, March 13th. This represents a $1.50 annualized dividend and a dividend yield of 3.81%. Harley-Davidson’s payout ratio is 39.68%.

COPYRIGHT VIOLATION NOTICE: This story was reported by Watch List News and is owned by of Watch List News. If you are accessing this story on another domain, it was illegally stolen and republished in violation of international trademark & copyright legislation. The original version of this story can be viewed at https://www.watchlistnews.com/global-thematic-partners-llc-has-6-11-million-stake-in-harley-davidson-inc-hog/2955833.html.

Harley-Davidson Company Profile

Harley-Davidson, Inc primarily manufactures and sells cruiser and touring motorcycles. The company operates in two segments, Motorcycles & Related Products, and Financial Services. The Motorcycles & Related Products segment designs, manufactures, and sells at wholesale on-road Harley-Davidson motorcycles, as well as motorcycle parts, accessories, general merchandise, and related services.

Featured Article: Systematic Risk

Want to see what other hedge funds are holding HOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Harley-Davidson Inc (NYSE:HOG).

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

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