Clark Estates Inc. NY Reduces Holdings in Harley-Davidson, Inc. (NYSE:HOG)

Clark Estates Inc. NY decreased its holdings in shares of Harley-Davidson, Inc. (NYSE:HOG) by 7.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 84,950 shares of the company’s stock after selling 6,800 shares during the quarter. Clark Estates Inc. NY owned about 0.07% of Harley-Davidson worth $3,273,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HOG. Quadrature Capital Ltd purchased a new stake in shares of Harley-Davidson in the 1st quarter valued at approximately $303,000. Price T Rowe Associates Inc. MD grew its stake in shares of Harley-Davidson by 5.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 68,420 shares of the company’s stock valued at $2,993,000 after buying an additional 3,552 shares in the last quarter. Comerica Bank raised its holdings in shares of Harley-Davidson by 21.3% in the 1st quarter. Comerica Bank now owns 64,045 shares of the company’s stock valued at $2,801,000 after buying an additional 11,233 shares during the period. EMC Capital Management lifted its stake in Harley-Davidson by 27.0% during the 1st quarter. EMC Capital Management now owns 8,467 shares of the company’s stock worth $370,000 after acquiring an additional 1,799 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in Harley-Davidson by 70.6% during the 1st quarter. Cetera Investment Advisers now owns 72,828 shares of the company’s stock worth $3,185,000 after acquiring an additional 30,143 shares in the last quarter. Hedge funds and other institutional investors own 85.10% of the company’s stock.

Harley-Davidson Stock Performance

NYSE HOG opened at $33.46 on Wednesday. The stock has a market capitalization of $4.26 billion, a price-to-earnings ratio of 7.53, a PEG ratio of 0.46 and a beta of 1.46. The business’s 50 day moving average is $34.72 and its two-hundred day moving average is $35.08. Harley-Davidson, Inc. has a 12-month low of $29.67 and a 12-month high of $44.16. 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 Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 16th were given a dividend of $0.1725 per share. The ex-dividend date of this dividend was Monday, September 16th. This represents a $0.69 annualized dividend and a yield of 2.06%. Harley-Davidson’s payout ratio is currently 15.54%.

Analysts Set New Price Targets

Several research firms recently commented on HOG. Baird R W cut Harley-Davidson from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Robert W. Baird lowered 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 note on Wednesday, October 2nd. StockNews.com upgraded shares of Harley-Davidson from a “sell” rating to a “hold” rating in a research note on Wednesday. UBS Group lowered their price target 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. Finally, Bank of America reduced their price objective on shares of Harley-Davidson from $50.00 to $45.00 and set a “buy” rating on the stock in a report on Tuesday, October 15th. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $42.57.

Insider Buying and Selling at Harley-Davidson

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

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.