Quest Partners LLC Purchases 10,033 Shares of Harley-Davidson, Inc. (NYSE:HOG)

Quest Partners LLC raised its position in Harley-Davidson, Inc. (NYSE:HOG) by 71,664.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,047 shares of the company’s stock after purchasing an additional 10,033 shares during the period. Quest Partners LLC’s holdings in Harley-Davidson were worth $387,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. LSV Asset Management increased its position in shares of Harley-Davidson by 17.3% in the 2nd quarter. LSV Asset Management now owns 5,705,775 shares of the company’s stock valued at $191,372,000 after buying an additional 842,407 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Harley-Davidson by 12.8% during the second quarter. Dimensional Fund Advisors LP now owns 6,248,512 shares of the company’s stock worth $209,576,000 after purchasing an additional 708,260 shares during the period. American Century Companies Inc. lifted its holdings in shares of Harley-Davidson by 42.8% during the 2nd quarter. American Century Companies Inc. now owns 2,263,919 shares of the company’s stock valued at $75,932,000 after purchasing an additional 678,092 shares in the last quarter. SG Capital Management LLC acquired a new position in shares of Harley-Davidson in the 1st quarter valued at approximately $11,797,000. Finally, Squarepoint Ops LLC increased its stake in Harley-Davidson by 174.4% during the 2nd quarter. Squarepoint Ops LLC now owns 419,775 shares of the company’s stock worth $14,079,000 after purchasing an additional 266,806 shares in the last quarter. 85.10% of the stock is currently owned by institutional investors and hedge funds.

Harley-Davidson Stock Performance

Shares of NYSE HOG opened at $33.55 on Monday. Harley-Davidson, Inc. has a 52 week low of $29.67 and a 52 week high of $44.16. The stock has a market capitalization of $4.27 billion, a PE ratio of 7.56, a price-to-earnings-growth ratio of 0.44 and a beta of 1.46. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.25 and a current ratio of 1.41. The stock has a 50 day moving average price of $34.79 and a 200 day moving average price of $35.08.

Harley-Davidson Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 16th were given a dividend of $0.1725 per share. This represents a $0.69 annualized dividend and a yield of 2.06%. The ex-dividend date was Monday, September 16th. Harley-Davidson’s dividend payout ratio (DPR) is currently 15.54%.

Analysts Set New Price Targets

Several research firms have recently weighed in on HOG. UBS Group reduced their price target on shares of Harley-Davidson from $40.00 to $35.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. Bank of America reduced their target price on shares of Harley-Davidson from $50.00 to $45.00 and set a “buy” rating for the company in a research note on Tuesday, October 15th. Citigroup dropped their price target on Harley-Davidson from $39.00 to $34.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Baird R W downgraded Harley-Davidson from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Finally, StockNews.com cut 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 issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $42.57.

Insider Buying and Selling at Harley-Davidson

In related news, Director Maryrose Sylvester sold 4,278 shares of the firm’s stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $32.25, for a total value of $137,965.50. Following the completion of the sale, the director now directly owns 17,687 shares in the company, valued at approximately $570,405.75. This trade represents a 19.48 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.87% of the company’s stock.

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.