Stratos Wealth Partners LTD. raised its position in shares of Harley-Davidson, Inc. (NYSE:HOG) by 2.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,782 shares of the company’s stock after buying an additional 1,044 shares during the period. Stratos Wealth Partners LTD.’s holdings in Harley-Davidson were worth $2,149,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. Hartford Investment Management Co. increased its stake in shares of Harley-Davidson by 5.1% in the second quarter. Hartford Investment Management Co. now owns 41,775 shares of the company’s stock worth $2,257,000 after buying an additional 2,037 shares during the period. Northern Capital Management LLC purchased a new stake in shares of Harley-Davidson during the first quarter worth $1,285,000. DnB Asset Management AS increased its stake in shares of Harley-Davidson by 11.6% in the first quarter. DnB Asset Management AS now owns 16,411 shares of the company’s stock worth $993,000 after buying an additional 1,700 shares during the period. SeaBridge Investment Advisors LLC increased its stake in shares of Harley-Davidson by 6.7% in the first quarter. SeaBridge Investment Advisors LLC now owns 92,508 shares of the company’s stock worth $5,597,000 after buying an additional 5,800 shares during the period. Finally, CHICAGO TRUST Co NA increased its stake in shares of Harley-Davidson by 17.3% in the first quarter. CHICAGO TRUST Co NA now owns 42,830 shares of the company’s stock worth $2,591,000 after buying an additional 6,315 shares during the period. 87.39% of the stock is currently owned by institutional investors.
Shares of Harley-Davidson, Inc. (NYSE HOG) traded up 0.789% during mid-day trading on Monday, hitting $47.915. The stock had a trading volume of 1,092,861 shares. Harley-Davidson, Inc. has a 12-month low of $46.00 and a 12-month high of $63.40. The firm’s 50-day moving average price is $50.61 and its 200 day moving average price is $55.49. The stock has a market cap of $8.36 billion, a price-to-earnings ratio of 14.031 and a beta of 0.84.
Harley-Davidson (NYSE:HOG) last released its earnings results on Tuesday, July 18th. The company reported $1.48 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.38 by $0.10. The company had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.60 billion. Harley-Davidson had a return on equity of 30.51% and a net margin of 12.30%. The business’s revenue for the quarter was down 5.6% on a year-over-year basis. During the same period last year, the firm earned $1.55 EPS. Equities analysts forecast that Harley-Davidson, Inc. will post $3.39 EPS for the current fiscal year.
COPYRIGHT VIOLATION WARNING: “Stratos Wealth Partners LTD. Buys 1,044 Shares of Harley-Davidson, Inc. (HOG)” was originally posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this story on another publication, it was illegally copied and republished in violation of U.S. & international trademark and copyright legislation. The correct version of this story can be viewed at https://stocknewstimes.com/2017/08/14/harley-davidson-inc-hog-shares-bought-by-stratos-wealth-partners-ltd-updated.html.
A number of equities research analysts have recently weighed in on the company. UBS AG reiterated a “neutral” rating and issued a $57.00 price target on shares of Harley-Davidson in a report on Monday, April 17th. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a $54.00 price target on shares of Harley-Davidson in a report on Tuesday, April 18th. Wedbush lowered their price target on Harley-Davidson from $55.00 to $53.00 and set a “neutral” rating for the company in a report on Wednesday, April 19th. Royal Bank Of Canada lowered their price objective on Harley-Davidson from $60.00 to $57.00 and set a “sector perform” rating for the company in a research note on Wednesday, April 19th. Finally, Tigress Financial restated a “buy” rating on shares of Harley-Davidson in a research note on Thursday, April 20th. Two research analysts have rated the stock with a sell rating, nineteen have given a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $54.56.
About Harley-Davidson
Harley-Davidson, Inc is the parent company for the groups of companies doing business as Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS). The Company operates in two segments: the Motorcycles & Related Products (Motorcycles) and the Financial Services. The Motorcycles segment consists of HDMC, which designs, manufactures and sells at wholesale on-road Harley-Davidson motorcycles, as well as motorcycle parts, accessories, general merchandise and related services.
Receive News & Ratings for Harley-Davidson Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harley-Davidson Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
