Public Employees Retirement Association of Colorado lowered its position in Harley-Davidson, Inc. (NYSE:HOG) by 0.7% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 35,193 shares of the company’s stock after selling 237 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Harley-Davidson were worth $1,901,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Leavell Investment Management Inc. raised its stake in shares of Harley-Davidson by 0.6% in the first quarter. Leavell Investment Management Inc. now owns 5,534 shares of the company’s stock worth $335,000 after buying an additional 34 shares in the last quarter. Contravisory Investment Management Inc. raised its position in shares of Harley-Davidson by 1.7% in the second quarter. Contravisory Investment Management Inc. now owns 4,291 shares of the company’s stock valued at $232,000 after buying an additional 72 shares during the period. Louisiana State Employees Retirement System raised its position in shares of Harley-Davidson by 0.9% in the second quarter. Louisiana State Employees Retirement System now owns 10,900 shares of the company’s stock valued at $589,000 after buying an additional 100 shares during the period. First Business Financial Services Inc. raised its position in shares of Harley-Davidson by 1.2% in the first quarter. First Business Financial Services Inc. now owns 8,907 shares of the company’s stock valued at $539,000 after buying an additional 107 shares during the period. Finally, Pacer Advisors Inc. raised its position in shares of Harley-Davidson by 3.3% in the first quarter. Pacer Advisors Inc. now owns 3,698 shares of the company’s stock valued at $224,000 after buying an additional 117 shares during the period. Institutional investors and hedge funds own 85.14% of the company’s stock.

Harley-Davidson, Inc. (HOG) opened at 47.32 on Friday. The firm has a 50-day moving average price of $50.86 and a 200 day moving average price of $55.57. Harley-Davidson, Inc. has a 52 week low of $46.00 and a 52 week high of $63.40. The company has a market cap of $8.25 billion, a P/E ratio of 13.86 and a beta of 0.84.

Harley-Davidson (NYSE:HOG) last released its quarterly earnings data on Tuesday, July 18th. The company reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.10. The firm had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.60 billion. Harley-Davidson had a return on equity of 30.51% and a net margin of 12.30%. The business’s quarterly revenue was down 5.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.55 earnings per share. Analysts expect that Harley-Davidson, Inc. will post $3.39 EPS for the current fiscal year.

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Several research analysts have recently issued reports on the stock. UBS Group AG reaffirmed a “neutral” rating and issued a $57.00 target price on shares of Harley-Davidson in a research note on Monday, April 17th. Stifel Nicolaus restated a “hold” rating and set a $63.00 target price (up from $58.00) on shares of Harley-Davidson in a report on Friday, April 14th. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and set a $54.00 target price on shares of Harley-Davidson in a report on Tuesday, April 18th. Royal Bank Of Canada dropped their target price on shares of Harley-Davidson from $60.00 to $57.00 and set a “sector perform” rating on the stock in a report on Wednesday, April 19th. Finally, Wedbush dropped their target price on shares of Harley-Davidson from $55.00 to $53.00 and set a “neutral” rating on the stock in a report on Wednesday, April 19th. Two research analysts have rated the stock with a sell rating, nineteen have given a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $54.83.

Harley-Davidson Company 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.

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

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