12,434 Shares in Harley-Davidson, Inc. (NYSE:HOG) Purchased by Tidal Investments LLC

Tidal Investments LLC bought a new position in shares of Harley-Davidson, Inc. (NYSE:HOG) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 12,434 shares of the company’s stock, valued at approximately $479,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Prospera Private Wealth LLC acquired a new stake in shares of Harley-Davidson in the third quarter valued at about $35,000. Ashton Thomas Securities LLC acquired a new stake in shares of Harley-Davidson during the 3rd quarter valued at approximately $38,000. Signaturefd LLC boosted its stake in shares of Harley-Davidson by 46.8% during the 2nd quarter. Signaturefd LLC now owns 1,872 shares of the company’s stock worth $63,000 after acquiring an additional 597 shares in the last quarter. Fifth Third Bancorp increased its stake in Harley-Davidson by 19.5% in the 2nd quarter. Fifth Third Bancorp now owns 1,970 shares of the company’s stock valued at $66,000 after purchasing an additional 322 shares in the last quarter. Finally, Brooklyn Investment Group acquired a new position in Harley-Davidson during the third quarter worth $79,000. 85.10% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Harley-Davidson

In other news, Director Maryrose Sylvester sold 4,278 shares of the stock in a transaction on Wednesday, October 30th. The shares were sold at an average price of $32.25, for a total value of $137,965.50. Following the completion of the sale, the director now owns 17,687 shares of the company’s stock, valued at $570,405.75. This represents a 19.48 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.87% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of brokerages have recently weighed in on HOG. Baird R W cut Harley-Davidson from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. UBS Group dropped their target price on shares of Harley-Davidson from $40.00 to $35.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. Robert W. Baird cut shares of Harley-Davidson from an “outperform” rating to a “neutral” rating and cut their target price for the stock from $44.00 to $40.00 in a research report on Wednesday, October 2nd. Citigroup lowered their price target on shares of Harley-Davidson from $39.00 to $34.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Finally, Bank of America cut their price objective on Harley-Davidson from $50.00 to $45.00 and set a “buy” rating for the company in a research report on Tuesday, October 15th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $42.57.

Harley-Davidson Stock Performance

Shares of HOG opened at $30.75 on Monday. Harley-Davidson, Inc. has a 1 year low of $29.74 and a 1 year high of $44.16. The company’s 50 day simple moving average is $33.13 and its 200 day simple moving average is $34.74. The company has a market capitalization of $3.92 billion, a price-to-earnings ratio of 6.93, a PEG ratio of 0.45 and a beta of 1.47. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.25 and a current ratio of 1.41.

Harley-Davidson Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Tuesday, December 10th will be issued a dividend of $0.1725 per share. This represents a $0.69 annualized dividend and a dividend yield of 2.24%. The ex-dividend date is Tuesday, December 10th. Harley-Davidson’s dividend payout ratio (DPR) is 15.54%.

About Harley-Davidson

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.