SG Americas Securities LLC Invests $800,000 in Harley-Davidson, Inc. (NYSE:HOG)

SG Americas Securities LLC purchased a new position in Harley-Davidson, Inc. (NYSE:HOG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 26,546 shares of the company’s stock, valued at approximately $800,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mork Capital Management LLC purchased a new position in Harley-Davidson during the 3rd quarter worth $1,926,000. Barclays PLC increased its position in shares of Harley-Davidson by 135.7% in the third quarter. Barclays PLC now owns 282,932 shares of the company’s stock valued at $10,900,000 after buying an additional 162,899 shares in the last quarter. Quantinno Capital Management LP lifted its holdings in Harley-Davidson by 151.3% during the third quarter. Quantinno Capital Management LP now owns 50,475 shares of the company’s stock valued at $1,945,000 after purchasing an additional 30,388 shares in the last quarter. Quantbot Technologies LP increased its stake in Harley-Davidson by 190.4% during the 3rd quarter. Quantbot Technologies LP now owns 172,258 shares of the company’s stock worth $6,637,000 after buying an additional 112,948 shares in the last quarter. Finally, Franklin Resources Inc. purchased a new position in Harley-Davidson in the 3rd quarter valued at $2,725,000. 85.10% of the stock is currently owned by hedge funds and other institutional investors.

Harley-Davidson Stock Performance

HOG stock opened at $27.56 on Thursday. The firm has a market cap of $3.51 billion, a P/E ratio of 6.21, a P/E/G ratio of 0.34 and a beta of 1.48. The stock’s 50 day simple moving average is $30.85 and its 200 day simple moving average is $33.95. The company has a current ratio of 1.41, a quick ratio of 1.25 and a debt-to-equity ratio of 1.38. Harley-Davidson, Inc. has a 12-month low of $27.18 and a 12-month high of $44.16.

Harley-Davidson Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Tuesday, December 10th were given a $0.1725 dividend. This represents a $0.69 annualized dividend and a dividend yield of 2.50%. The ex-dividend date was Tuesday, December 10th. Harley-Davidson’s dividend payout ratio (DPR) is currently 15.54%.

Wall Street Analyst Weigh In

HOG has been the subject of several recent analyst reports. Baird R W cut Harley-Davidson from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Citigroup lowered their price target on shares of Harley-Davidson from $34.00 to $31.00 and set a “neutral” rating for the company in a report on Thursday, January 23rd. Robert W. Baird decreased their price target on Harley-Davidson from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Tuesday, December 31st. StockNews.com raised shares of Harley-Davidson from a “sell” rating to a “hold” rating in a report on Wednesday, November 27th. Finally, Bank of America lowered their target price on shares of Harley-Davidson from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Tuesday, October 15th. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $39.14.

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.