Bank of New Hampshire Sells 1,325 Shares of Harley-Davidson, Inc. (NYSE:HOG)

Bank of New Hampshire decreased its holdings in Harley-Davidson, Inc. (NYSE:HOG) by 25.4% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,900 shares of the company’s stock after selling 1,325 shares during the period. Bank of New Hampshire’s holdings in Harley-Davidson were worth $171,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of HOG. Quadrant Capital Group LLC grew its position in shares of Harley-Davidson by 95.0% in the fourth quarter. Quadrant Capital Group LLC now owns 788 shares of the company’s stock valued at $29,000 after purchasing an additional 384 shares during the last quarter. BKM Wealth Management LLC acquired a new position in shares of Harley-Davidson in the fourth quarter valued at approximately $36,000. Principal Securities Inc. acquired a new position in shares of Harley-Davidson in the fourth quarter valued at approximately $38,000. Lindbrook Capital LLC grew its position in shares of Harley-Davidson by 66.7% in the fourth quarter. Lindbrook Capital LLC now owns 1,057 shares of the company’s stock valued at $39,000 after purchasing an additional 423 shares during the last quarter. Finally, Signaturefd LLC grew its position in shares of Harley-Davidson by 115.0% in the fourth quarter. Signaturefd LLC now owns 1,150 shares of the company’s stock valued at $42,000 after purchasing an additional 615 shares during the last quarter. Institutional investors own 85.10% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on HOG. Morgan Stanley initiated coverage on Harley-Davidson in a research report on Tuesday, April 23rd. They issued an “overweight” rating and a $50.00 target price on the stock. Citigroup reduced their price target on Harley-Davidson from $36.00 to $34.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 12th. Bank of America increased their price target on Harley-Davidson from $50.00 to $55.00 and gave the stock a “buy” rating in a research report on Thursday, March 14th. DA Davidson increased their price target on Harley-Davidson from $42.00 to $49.00 and gave the stock a “buy” rating in a research report on Thursday, April 11th. Finally, BMO Capital Markets reduced their price target on Harley-Davidson from $50.00 to $45.00 and set an “outperform” rating on the stock in a research report on Friday, April 26th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Harley-Davidson has a consensus rating of “Moderate Buy” and an average target price of $46.00.

Harley-Davidson Trading Up 1.3 %

Shares of HOG stock opened at $33.67 on Friday. The stock’s fifty day moving average price is $35.37 and its two-hundred day moving average price is $36.49. The company has a market cap of $4.53 billion, a PE ratio of 7.48, a P/E/G ratio of 1.08 and a beta of 1.47. Harley-Davidson, Inc. has a fifty-two week low of $25.43 and a fifty-two week high of $44.16. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.32 and a current ratio of 1.54.

Harley-Davidson (NYSE:HOG) last issued its earnings results on Thursday, April 25th. The company reported $1.72 earnings per share for the quarter, beating analysts’ consensus estimates of $1.48 by $0.24. Harley-Davidson had a return on equity of 19.48% and a net margin of 11.03%. The firm had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.42 billion. Equities analysts predict that Harley-Davidson, Inc. will post 4.48 EPS for the current fiscal year.

Harley-Davidson Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 21st. Stockholders of record on Wednesday, June 5th were paid a $0.1725 dividend. This represents a $0.69 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date was Wednesday, June 5th. Harley-Davidson’s payout ratio is 15.33%.

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.