5,574 Shares in Harley-Davidson, Inc. (NYSE:HOG) Purchased by Parametrica Management Ltd

Parametrica Management Ltd acquired a new stake in shares of Harley-Davidson, Inc. (NYSE:HOG) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 5,574 shares of the company’s stock, valued at approximately $269,000.

Other large investors have also recently added to or reduced their stakes in the company. Matrix Asset Advisors Inc. NY lifted its position in shares of Harley-Davidson by 8.0% during the second quarter. Matrix Asset Advisors Inc. NY now owns 187,682 shares of the company’s stock valued at $10,139,000 after buying an additional 13,897 shares during the last quarter. Independent Franchise Partners LLP lifted its stake in Harley-Davidson by 53.3% during the third quarter. Independent Franchise Partners LLP now owns 8,101,285 shares of the company’s stock worth $390,562,000 after purchasing an additional 2,815,749 shares during the last quarter. Thompson Investment Management Inc. lifted its stake in Harley-Davidson by 0.9% during the second quarter. Thompson Investment Management Inc. now owns 78,459 shares of the company’s stock worth $4,238,000 after purchasing an additional 686 shares during the last quarter. BlueMountain Capital Management LLC purchased a new stake in Harley-Davidson during the second quarter worth approximately $3,059,000. Finally, Zurich Insurance Group Ltd FI lifted its stake in Harley-Davidson by 24.3% during the second quarter. Zurich Insurance Group Ltd FI now owns 45,526 shares of the company’s stock worth $2,459,000 after purchasing an additional 8,908 shares during the last quarter. Institutional investors and hedge funds own 93.32% of the company’s stock.

Shares of Harley-Davidson, Inc. (HOG) traded up $1.45 during trading hours on Monday, hitting $47.30. The stock had a trading volume of 4,136,900 shares, compared to its average volume of 2,263,584. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.18 and a quick ratio of 1.03. Harley-Davidson, Inc. has a twelve month low of $44.52 and a twelve month high of $63.40. The stock has a market capitalization of $7,960.36, a P/E ratio of 14.78, a P/E/G ratio of 1.62 and a beta of 0.94.

Harley-Davidson (NYSE:HOG) last issued its quarterly earnings data on Tuesday, October 17th. The company reported $0.40 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.40. Harley-Davidson had a return on equity of 28.69% and a net margin of 11.68%. The business had revenue of $962.10 million for the quarter, compared to the consensus estimate of $959.41 million. During the same period in the prior year, the business earned $0.64 earnings per share. The business’s revenue was down 11.9% on a year-over-year basis. sell-side analysts forecast that Harley-Davidson, Inc. will post 3.43 EPS for the current year.

TRADEMARK VIOLATION NOTICE: This news story was originally posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of U.S. and international copyright and trademark legislation. The original version of this news story can be accessed at https://ledgergazette.com/2017/11/13/parametrica-management-ltd-invests-269000-in-harley-davidson-inc-hog.html.

In related news, CFO John A. Olin sold 28,760 shares of the stock in a transaction dated Thursday, October 19th. The stock was sold at an average price of $48.03, for a total transaction of $1,381,342.80. Following the transaction, the chief financial officer now directly owns 65,722 shares in the company, valued at $3,156,627.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Matthew S. Levatich sold 19,447 shares of the stock in a transaction dated Wednesday, October 25th. The stock was sold at an average price of $48.36, for a total value of $940,456.92. Following the transaction, the chief executive officer now owns 88,646 shares in the company, valued at $4,286,920.56. The disclosure for this sale can be found here. Insiders have sold 73,739 shares of company stock worth $3,524,954 over the last quarter. 0.70% of the stock is currently owned by company insiders.

A number of brokerages have weighed in on HOG. Goldman Sachs Group, Inc. (The) reiterated a “hold” rating on shares of Harley-Davidson in a research note on Sunday, October 15th. Tigress Financial reiterated a “buy” rating on shares of Harley-Davidson in a research note on Friday, July 21st. Aegis began coverage on Harley-Davidson in a research note on Monday, August 28th. They issued a “hold” rating and a $49.00 price objective for the company. Barclays PLC reduced their price objective on Harley-Davidson from $52.00 to $45.00 and set an “underperform” rating for the company in a research note on Wednesday, July 19th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $48.00 target price (down previously from $51.00) on shares of Harley-Davidson in a report on Tuesday, October 10th. Three research analysts have rated the stock with a sell rating, sixteen have given a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $52.50.

Harley-Davidson Profile

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.

Institutional Ownership by Quarter for Harley-Davidson (NYSE:HOG)

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.

Leave a Reply