Janus Henderson Group PLC Sells 8,100 Shares of Harley-Davidson, Inc. (NYSE:HOG)

Janus Henderson Group PLC decreased its position in Harley-Davidson, Inc. (NYSE:HOG) by 12.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 54,751 shares of the company’s stock after selling 8,100 shares during the period. Janus Henderson Group PLC’s holdings in Harley-Davidson were worth $2,109,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its holdings in Harley-Davidson by 12.8% in the second quarter. Dimensional Fund Advisors LP now owns 6,248,512 shares of the company’s stock valued at $209,576,000 after acquiring an additional 708,260 shares during the last quarter. LSV Asset Management boosted its holdings in Harley-Davidson by 17.3% in the second quarter. LSV Asset Management now owns 5,705,775 shares of the company’s stock valued at $191,372,000 after acquiring an additional 842,407 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in Harley-Davidson by 22,680.0% in the third quarter. Pacer Advisors Inc. now owns 4,182,864 shares of the company’s stock valued at $161,166,000 after acquiring an additional 4,164,502 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Harley-Davidson by 42.8% during the second quarter. American Century Companies Inc. now owns 2,263,919 shares of the company’s stock worth $75,932,000 after purchasing an additional 678,092 shares during the period. Finally, Raymond James & Associates grew its stake in shares of Harley-Davidson by 5.0% during the third quarter. Raymond James & Associates now owns 647,000 shares of the company’s stock worth $24,929,000 after purchasing an additional 30,725 shares during the period. Institutional investors own 85.10% of the company’s stock.

Insider Activity

In other Harley-Davidson news, Director Maryrose Sylvester sold 4,278 shares of the company’s stock in a transaction that occurred 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 transaction, the director now owns 17,687 shares of the company’s stock, valued at $570,405.75. This represents a 19.48 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.87% of the company’s stock.

Harley-Davidson Stock Down 0.8 %

Harley-Davidson stock opened at $33.03 on Friday. The stock has a market capitalization of $4.21 billion, a PE ratio of 7.44, a price-to-earnings-growth ratio of 0.44 and a beta of 1.47. Harley-Davidson, Inc. has a twelve month low of $31.20 and a twelve month high of $44.16. The company has a quick ratio of 1.25, a current ratio of 1.41 and a debt-to-equity ratio of 1.38. The company has a 50 day moving average of $33.48 and a 200-day moving average of $34.91.

Harley-Davidson Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Tuesday, December 10th will be issued a $0.1725 dividend. This represents a $0.69 annualized dividend and a dividend yield of 2.09%. The ex-dividend date of this dividend is Tuesday, December 10th. Harley-Davidson’s dividend payout ratio (DPR) is presently 15.54%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on HOG. Citigroup decreased their price objective on Harley-Davidson from $39.00 to $34.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. StockNews.com raised Harley-Davidson from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th. Robert W. Baird cut Harley-Davidson from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $44.00 to $40.00 in a research note on Wednesday, October 2nd. UBS Group decreased their price objective on Harley-Davidson from $40.00 to $35.00 and set a “neutral” rating for the company in a research note on Thursday, November 7th. Finally, Baird R W lowered shares of Harley-Davidson from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $42.57.

About Harley-Davidson

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.