Mutual of America Capital Management LLC Sells 6,059 Shares of Harley-Davidson, Inc. (NYSE:HOG)

Mutual of America Capital Management LLC decreased its stake in Harley-Davidson, Inc. (NYSE:HOG) by 8.6% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 64,022 shares of the company’s stock after selling 6,059 shares during the period. Mutual of America Capital Management LLC’s holdings in Harley-Davidson were worth $2,467,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Ashton Thomas Securities LLC acquired a new stake in shares of Harley-Davidson in the 3rd quarter valued at $38,000. Signaturefd LLC lifted its holdings in Harley-Davidson by 46.8% during the 2nd quarter. Signaturefd LLC now owns 1,872 shares of the company’s stock valued at $63,000 after purchasing an additional 597 shares during the last quarter. Fifth Third Bancorp boosted its position in Harley-Davidson by 19.5% in the second quarter. Fifth Third Bancorp now owns 1,970 shares of the company’s stock valued at $66,000 after buying an additional 322 shares in the last quarter. GAMMA Investing LLC grew its stake in Harley-Davidson by 19.0% during the second quarter. GAMMA Investing LLC now owns 2,008 shares of the company’s stock worth $67,000 after buying an additional 320 shares during the last quarter. Finally, Covestor Ltd increased its holdings in shares of Harley-Davidson by 14.7% during the third quarter. Covestor Ltd now owns 3,505 shares of the company’s stock worth $135,000 after buying an additional 448 shares in the last quarter. 85.10% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently commented on HOG. Citigroup decreased their price target on Harley-Davidson from $39.00 to $34.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Baird R W lowered Harley-Davidson from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Robert W. Baird downgraded shares of Harley-Davidson from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $44.00 to $40.00 in a research report on Wednesday, October 2nd. UBS Group lowered their price objective on shares of Harley-Davidson from $40.00 to $35.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. Finally, StockNews.com downgraded shares of Harley-Davidson from a “hold” rating to a “sell” rating in a research note on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, Harley-Davidson currently has a consensus rating of “Hold” and a consensus target price of $42.57.

Insider Buying and Selling at Harley-Davidson

In related news, Director Maryrose Sylvester sold 4,278 shares of Harley-Davidson stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $32.25, for a total transaction of $137,965.50. Following the completion of the sale, the director now directly owns 17,687 shares of the company’s stock, valued at $570,405.75. The trade was 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 available at this link. Corporate insiders own 0.87% of the company’s stock.

Harley-Davidson Stock Up 2.2 %

Shares of NYSE:HOG opened at $33.55 on Friday. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.41 and a quick ratio of 1.25. The stock has a market cap of $4.27 billion, a price-to-earnings ratio of 7.56, a P/E/G ratio of 0.44 and a beta of 1.46. The company has a 50 day moving average of $34.79 and a 200-day moving average of $35.08. Harley-Davidson, Inc. has a one year low of $29.67 and a one year high of $44.16.

Harley-Davidson Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 16th were issued a dividend of $0.1725 per share. This represents a $0.69 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date of this dividend was Monday, September 16th. Harley-Davidson’s dividend payout ratio is presently 15.54%.

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.