Mcdonald Partners LLC Has $682,000 Holdings in Harley-Davidson, Inc. (NYSE:HOG)

Mcdonald Partners LLC cut its position in shares of Harley-Davidson, Inc. (NYSE:HOG) by 4.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,635 shares of the company’s stock after selling 1,095 shares during the period. Mcdonald Partners LLC’s holdings in Harley-Davidson were worth $682,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HOG. Venturi Wealth Management LLC raised its stake in shares of Harley-Davidson by 172.0% during the 4th quarter. Venturi Wealth Management LLC now owns 876 shares of the company’s stock worth $26,000 after purchasing an additional 554 shares in the last quarter. Prospera Private Wealth LLC purchased a new stake in shares of Harley-Davidson during the 3rd quarter worth about $35,000. Ashton Thomas Securities LLC purchased a new stake in shares of Harley-Davidson during the 3rd quarter worth about $38,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Harley-Davidson during the 4th quarter worth about $42,000. Finally, Brooklyn Investment Group purchased a new stake in shares of Harley-Davidson during the 3rd quarter worth about $79,000. 85.10% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

HOG has been the subject of a number of recent research reports. StockNews.com raised Harley-Davidson from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th. Bank of America cut their price objective on Harley-Davidson from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Thursday, January 30th. UBS Group cut their price objective on Harley-Davidson from $40.00 to $35.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Morgan Stanley cut their price objective on Harley-Davidson from $33.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 6th. Finally, Citigroup cut their price objective on Harley-Davidson from $31.00 to $29.00 and set a “neutral” rating on the stock in a research note on Thursday, February 6th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $34.57.

Harley-Davidson Stock Performance

Shares of NYSE HOG opened at $25.76 on Tuesday. The company has a quick ratio of 1.25, a current ratio of 1.40 and a debt-to-equity ratio of 1.41. The business’s 50 day moving average is $29.00 and its two-hundred day moving average is $33.05. The company has a market cap of $3.28 billion, a P/E ratio of 7.73, a P/E/G 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 results on Wednesday, February 5th. The company reported ($0.93) EPS for the quarter, missing the consensus estimate of ($0.65) by ($0.28). Harley-Davidson had a return on equity of 13.64% and a net margin of 9.25%. During the same period in the prior year, the company earned $0.18 earnings per share. On average, equities analysts expect that Harley-Davidson, Inc. will post 3.65 EPS for the current year.

Harley-Davidson Increases Dividend

The company also recently disclosed 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 annualized dividend and a dividend yield of 2.80%. This is a positive change from Harley-Davidson’s previous quarterly dividend of $0.17. Harley-Davidson’s dividend payout ratio (DPR) is presently 20.72%.

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.