Pacer Advisors Inc. Grows Position in Harley-Davidson, Inc. (NYSE:HOG)

Pacer Advisors Inc. raised its holdings in shares of Harley-Davidson, Inc. (NYSE:HOG) by 30.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 5,468,089 shares of the company’s stock after purchasing an additional 1,285,225 shares during the period. Pacer Advisors Inc. owned 4.29% of Harley-Davidson worth $164,754,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of HOG. MML Investors Services LLC increased its holdings in Harley-Davidson by 4.7% during the third quarter. MML Investors Services LLC now owns 8,430 shares of the company’s stock valued at $325,000 after buying an additional 379 shares during the period. Covestor Ltd increased its holdings in shares of Harley-Davidson by 14.7% in the 3rd quarter. Covestor Ltd now owns 3,505 shares of the company’s stock valued at $135,000 after acquiring an additional 448 shares during the period. GAMMA Investing LLC raised its position in shares of Harley-Davidson by 24.6% in the 3rd quarter. GAMMA Investing LLC now owns 2,502 shares of the company’s stock worth $96,000 after acquiring an additional 494 shares in the last quarter. Blue Trust Inc. raised its position in shares of Harley-Davidson by 23.5% in the 3rd quarter. Blue Trust Inc. now owns 3,659 shares of the company’s stock worth $141,000 after acquiring an additional 697 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its stake in shares of Harley-Davidson by 3.0% during the 3rd quarter. Victory Capital Management Inc. now owns 27,611 shares of the company’s stock worth $1,064,000 after purchasing an additional 807 shares during the last quarter. Institutional investors own 85.10% of the company’s stock.

Harley-Davidson Trading Down 1.4 %

Shares of NYSE:HOG opened at $28.34 on Monday. 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 $27.37 and a 12-month high of $44.16. The business has a 50 day moving average of $31.15 and a two-hundred day moving average of $34.08. The company has a market capitalization of $3.61 billion, a PE ratio of 6.38, a PEG ratio of 0.34 and a beta of 1.48.

Harley-Davidson Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Tuesday, December 10th were issued a dividend of $0.1725 per share. This represents a $0.69 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date was Tuesday, December 10th. Harley-Davidson’s dividend payout ratio (DPR) is presently 15.54%.

Analyst Upgrades and Downgrades

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

Insider Activity at Harley-Davidson

In other Harley-Davidson news, Director Maryrose Sylvester sold 4,278 shares of the firm’s stock in a transaction that occurred on Wednesday, October 30th. The stock was 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 of the company’s stock, valued at approximately $570,405.75. This trade represents a 19.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.87% of the stock is owned by company insiders.

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.