95,043 Shares in Harley-Davidson, Inc. (NYSE:HOG) Acquired by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC purchased a new stake in Harley-Davidson, Inc. (NYSE:HOG) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 95,043 shares of the company’s stock, valued at approximately $2,864,000. New Age Alpha Advisors LLC owned 0.07% of Harley-Davidson at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in HOG. Venturi Wealth Management LLC increased its position in shares of Harley-Davidson by 172.0% in the fourth quarter. Venturi Wealth Management LLC now owns 876 shares of the company’s stock worth $26,000 after purchasing an additional 554 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Harley-Davidson in the 4th quarter worth $42,000. Global Retirement Partners LLC raised its position in shares of Harley-Davidson by 84.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,850 shares of the company’s stock valued at $56,000 after buying an additional 846 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of Harley-Davidson during the 4th quarter worth $65,000. Finally, Jones Financial Companies Lllp grew its position in Harley-Davidson by 62.6% in the fourth quarter. Jones Financial Companies Lllp now owns 3,156 shares of the company’s stock worth $95,000 after acquiring an additional 1,215 shares in the last quarter. 85.10% of the stock is currently owned by hedge funds and other institutional investors.

Harley-Davidson Stock Performance

Shares of HOG stock opened at $25.08 on Friday. The company has a market capitalization of $3.12 billion, a P/E ratio of 7.53, a PEG ratio of 0.38 and a beta of 1.49. Harley-Davidson, Inc. has a fifty-two week low of $23.81 and a fifty-two week high of $43.89. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.19 and a current ratio of 1.40. The stock has a 50 day moving average price of $26.29 and a two-hundred day moving average price of $30.85.

Harley-Davidson (NYSE:HOG) last posted its quarterly earnings results on Wednesday, February 5th. The company reported ($0.93) EPS for the quarter, missing analysts’ consensus estimates of ($0.65) by ($0.28). Harley-Davidson had a net margin of 9.25% and a return on equity of 13.64%. During the same quarter in the prior year, the business earned $0.18 EPS. Analysts expect that Harley-Davidson, Inc. will post 3.44 earnings per share for the current year.

Harley-Davidson Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a dividend of $0.18 per share. This is a positive change from Harley-Davidson’s previous quarterly dividend of $0.17. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date was Friday, February 28th. Harley-Davidson’s dividend payout ratio is currently 21.62%.

Wall Street Analyst Weigh In

HOG has been the topic of a number of research reports. Bank of America lowered their price target on Harley-Davidson from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Thursday, January 30th. Citigroup dropped their target price on Harley-Davidson from $31.00 to $29.00 and set a “neutral” rating for the company in a research report on Thursday, February 6th. DA Davidson cut their target price on Harley-Davidson from $39.00 to $31.00 and set a “buy” rating for the company in a research note on Tuesday, February 4th. Robert W. Baird decreased their price target on shares of Harley-Davidson from $40.00 to $36.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 31st. Finally, UBS Group cut their price objective on shares of Harley-Davidson from $35.00 to $28.00 and set a “neutral” rating for the company in a research note on Thursday, February 20th. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Harley-Davidson currently has an average rating of “Hold” and a consensus target price of $33.57.

Insider Buying and Selling

In related news, insider Luke Christopher Mansfield sold 3,400 shares of the company’s stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $25.96, for a total transaction of $88,264.00. Following the completion of the transaction, the insider now owns 23,555 shares in the company, valued at $611,487.80. This represents a 12.61 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.87% of the stock is owned by insiders.

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.