63,000 Shares in Harley-Davidson, Inc. (NYSE:HOG) Acquired by Hussman Strategic Advisors Inc.

Hussman Strategic Advisors Inc. purchased a new stake in Harley-Davidson, Inc. (NYSE:HOG) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 63,000 shares of the company’s stock, valued at approximately $1,898,000.

A number of other institutional investors also recently modified their holdings of the company. Pacer Advisors Inc. lifted its stake in shares of Harley-Davidson by 22,680.0% in the third quarter. Pacer Advisors Inc. now owns 4,182,864 shares of the company’s stock valued at $161,166,000 after buying an additional 4,164,502 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its stake in shares of Harley-Davidson by 559.4% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 394,680 shares of the company’s stock valued at $15,207,000 after buying an additional 334,830 shares in the last quarter. Barclays PLC lifted its stake 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. JPMorgan Chase & Co. lifted its stake in shares of Harley-Davidson by 38.6% in the third quarter. JPMorgan Chase & Co. now owns 533,490 shares of the company’s stock valued at $20,555,000 after buying an additional 148,537 shares in the last quarter. Finally, Algert Global LLC lifted its stake in shares of Harley-Davidson by 72.6% in the third quarter. Algert Global LLC now owns 327,286 shares of the company’s stock valued at $12,610,000 after buying an additional 137,644 shares in the last quarter. 85.10% of the stock is owned by institutional investors.

Harley-Davidson Stock Up 1.8 %

Shares of Harley-Davidson stock opened at $26.78 on Thursday. The company has a current ratio of 1.40, a quick ratio of 1.19 and a debt-to-equity ratio of 1.41. The company’s fifty day simple moving average is $28.73 and its two-hundred day simple moving average is $32.94. The company has a market cap of $3.41 billion, a P/E ratio of 8.04, a PEG ratio of 0.36 and a beta of 1.46. Harley-Davidson, Inc. has a 12-month low of $25.25 and a 12-month high of $44.16.

Harley-Davidson (NYSE:HOG) last issued its quarterly earnings data on Wednesday, February 5th. The company reported ($0.93) earnings per share (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 previous year, the company earned $0.18 EPS. Research analysts anticipate that Harley-Davidson, Inc. will post 3.44 EPS for the current year.

Harley-Davidson Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.69%. The ex-dividend date is Friday, February 28th. This is a boost from Harley-Davidson’s previous quarterly dividend of $0.17. Harley-Davidson’s payout ratio is 20.72%.

Wall Street Analyst Weigh In

HOG has been the subject of several analyst reports. DA Davidson lowered their target price on shares of Harley-Davidson from $39.00 to $31.00 and set a “buy” rating for the company in a report on Tuesday, February 4th. UBS Group lowered 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. StockNews.com upgraded shares of Harley-Davidson from a “sell” rating to a “hold” rating in a report on Wednesday, November 27th. Bank of America decreased their price objective on shares of Harley-Davidson from $40.00 to $35.00 and set a “buy” rating for the company in a report on Thursday, January 30th. Finally, Citigroup reduced their target price on shares of Harley-Davidson from $31.00 to $29.00 and set a “neutral” rating for the company in a research note on Thursday, February 6th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $34.57.

Insider Activity

In related news, insider Luke Christopher Mansfield sold 3,400 shares of the company’s stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $25.96, for a total value of $88,264.00. Following the transaction, the insider now owns 23,555 shares in the company, valued at $611,487.80. The trade was a 12.61 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.87% of the company’s stock.

Harley-Davidson Company 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.