Aviva PLC lowered its stake in Harley-Davidson Inc (NYSE:HOG) by 4.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 80,690 shares of the company’s stock after selling 3,960 shares during the quarter. Aviva PLC’s holdings in Harley-Davidson were worth $3,655,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in HOG. Findlay Park Partners LLP increased its stake in Harley-Davidson by 77.8% during the 2nd quarter. Findlay Park Partners LLP now owns 3,200,000 shares of the company’s stock valued at $134,656,000 after purchasing an additional 1,400,000 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Harley-Davidson by 24.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 7,066,507 shares of the company’s stock valued at $320,112,000 after purchasing an additional 1,366,599 shares in the last quarter. Jupiter Asset Management Ltd. bought a new stake in Harley-Davidson during the 2nd quarter valued at $25,227,000. American Century Companies Inc. increased its stake in Harley-Davidson by 1,500.6% during the 3rd quarter. American Century Companies Inc. now owns 627,266 shares of the company’s stock valued at $28,415,000 after purchasing an additional 588,076 shares in the last quarter. Finally, Strs Ohio increased its stake in Harley-Davidson by 353.8% during the 3rd quarter. Strs Ohio now owns 577,181 shares of the company’s stock valued at $26,146,000 after purchasing an additional 450,000 shares in the last quarter. Institutional investors own 88.35% of the company’s stock.

HOG opened at $38.25 on Monday. The company has a current ratio of 1.08, a quick ratio of 0.95 and a debt-to-equity ratio of 1.95. The firm has a market cap of $6.23 billion, a price-to-earnings ratio of 10.93, a PEG ratio of 1.23 and a beta of 1.09. Harley-Davidson Inc has a 1 year low of $35.76 and a 1 year high of $56.50.

Harley-Davidson (NYSE:HOG) last posted its quarterly earnings data on Tuesday, October 23rd. The company reported $0.78 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.53 by $0.25. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. Harley-Davidson had a net margin of 9.30% and a return on equity of 33.57%. The business’s revenue for the quarter was up 16.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.40 EPS. On average, analysts expect that Harley-Davidson Inc will post 3.88 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 28th. Shareholders of record on Friday, December 14th will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date is Thursday, December 13th. Harley-Davidson’s dividend payout ratio is 42.29%.

HOG has been the subject of a number of recent research reports. Argus decreased their price target on shares of Harley-Davidson from $50.00 to $43.00 and set a “buy” rating for the company in a research note on Wednesday, October 24th. ValuEngine upgraded shares of Harley-Davidson from a “strong sell” rating to a “sell” rating in a research note on Tuesday, September 4th. BMO Capital Markets decreased their price target on shares of Harley-Davidson from $45.00 to $42.00 and set a “market perform” rating for the company in a research note on Thursday, October 25th. Citigroup decreased their price target on shares of Harley-Davidson from $53.00 to $45.00 and set a “buy” rating for the company in a research note on Tuesday, October 30th. Finally, Barclays decreased their price target on shares of Harley-Davidson from $36.00 to $35.00 and set an “underperform” rating for the company in a research note on Wednesday, October 24th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $44.38.

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About Harley-Davidson

Harley-Davidson, Inc primarily manufactures and sells cruiser and touring motorcycles. The company operates in two segments, Motorcycles & Related Products, and Financial Services. The Motorcycles & Related Products segment designs, manufactures, and sells at wholesale on-road Harley-Davidson motorcycles, as well as motorcycle parts, accessories, general merchandise, and related services.

Read More: Compound Annual Growth Rate (CAGR)

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

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