Villanova Investment Management Co LLC Has $513,000 Holdings in Harley-Davidson, Inc. $HOG

Villanova Investment Management Co LLC lessened its position in shares of Harley-Davidson, Inc. (NYSE:HOG) by 51.1% in the first quarter, Holdings Channel.com reports. The institutional investor owned 20,311 shares of the company’s stock after selling 21,233 shares during the period. Villanova Investment Management Co LLC’s holdings in Harley-Davidson were worth $513,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Assetmark Inc. grew its holdings in Harley-Davidson by 209.7% during the 1st quarter. Assetmark Inc. now owns 1,053 shares of the company’s stock worth $27,000 after acquiring an additional 713 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its stake in Harley-Davidson by 52.3% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,110 shares of the company’s stock worth $53,000 after purchasing an additional 725 shares during the period. UMB Bank n.a. grew its stake in Harley-Davidson by 153.6% during the first quarter. UMB Bank n.a. now owns 1,306 shares of the company’s stock worth $33,000 after purchasing an additional 791 shares during the period. Deutsche Bank AG increased its holdings in Harley-Davidson by 7.8% in the fourth quarter. Deutsche Bank AG now owns 11,486 shares of the company’s stock worth $346,000 after purchasing an additional 831 shares in the last quarter. Finally, Parallel Advisors LLC lifted its stake in Harley-Davidson by 35.6% in the first quarter. Parallel Advisors LLC now owns 3,578 shares of the company’s stock valued at $90,000 after buying an additional 939 shares during the period. Institutional investors and hedge funds own 85.10% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Zacks Research upgraded Harley-Davidson from a “strong sell” rating to a “hold” rating in a report on Monday, August 25th. UBS Group cut their target price on shares of Harley-Davidson from $28.00 to $27.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 8th. Robert W. Baird raised their price target on shares of Harley-Davidson from $26.00 to $28.00 and gave the stock a “neutral” rating in a report on Wednesday, May 14th. Citigroup lifted their price target on shares of Harley-Davidson from $24.00 to $27.00 and gave the company a “neutral” rating in a research note on Monday, June 16th. Finally, Griffin Securities set a $34.00 price objective on shares of Harley-Davidson in a research report on Monday, August 25th. Two analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $30.86.

Insider Transactions at Harley-Davidson

In related news, Director Rafeh Masood purchased 2,068 shares of the business’s stock in a transaction on Tuesday, August 5th. The stock was acquired at an average price of $24.06 per share, for a total transaction of $49,756.08. Following the purchase, the director owned 4,705 shares of the company’s stock, valued at approximately $113,202.30. This trade represents a 78.42% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.93% of the company’s stock.

Harley-Davidson Stock Performance

NYSE HOG opened at $30.05 on Thursday. The company has a market cap of $3.65 billion, a P/E ratio of 15.57, a PEG ratio of 0.44 and a beta of 1.31. The company has a fifty day simple moving average of $26.27 and a 200 day simple moving average of $24.93. The company has a current ratio of 1.37, a quick ratio of 1.20 and a debt-to-equity ratio of 1.32. Harley-Davidson, Inc. has a 12-month low of $20.45 and a 12-month high of $39.93.

Harley-Davidson (NYSE:HOG) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.88 earnings per share for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.11). The business had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.09 billion. Harley-Davidson had a net margin of 5.76% and a return on equity of 7.43%. The firm’s quarterly revenue was down 19.3% on a year-over-year basis. During the same period last year, the business posted $1.63 earnings per share. Sell-side analysts predict that Harley-Davidson, Inc. will post 3.44 earnings per share for the current fiscal year.

Harley-Davidson Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th will be given a $0.18 dividend. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $0.72 annualized dividend and a yield of 2.4%. Harley-Davidson’s dividend payout ratio (DPR) is presently 37.31%.

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.