Harley-Davidson, Inc. (HOG) Stake Raised by Robeco Institutional Asset Management B.V.
Robeco Institutional Asset Management B.V. boosted its stake in Harley-Davidson, Inc. (NYSE:HOG) by 4.5% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 428,449 shares of the company’s stock after buying an additional 18,268 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.25% of Harley-Davidson worth $23,145,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Independent Advisor Alliance boosted its stake in Harley-Davidson by 491.5% in the first quarter. Independent Advisor Alliance now owns 3,336 shares of the company’s stock worth $200,000 after buying an additional 2,772 shares during the last quarter. Wayne Hummer Investments L.L.C. bought a new stake in Harley-Davidson during the first quarter worth approximately $200,000. Appleton Group LLC bought a new stake in Harley-Davidson during the first quarter worth approximately $210,000. Geneva Advisors LLC boosted its stake in Harley-Davidson by 5.4% in the second quarter. Geneva Advisors LLC now owns 3,937 shares of the company’s stock worth $213,000 after buying an additional 200 shares during the last quarter. Finally, Northside Capital Management LLC bought a new stake in Harley-Davidson during the first quarter worth approximately $218,000. Institutional investors own 91.05% of the company’s stock.
Shares of Harley-Davidson, Inc. (NYSE:HOG) opened at 47.72 on Monday. The company has a market cap of $8.32 billion, a price-to-earnings ratio of 13.97 and a beta of 0.84. The firm has a 50-day moving average of $48.77 and a 200 day moving average of $54.73. Harley-Davidson, Inc. has a 12 month low of $46.00 and a 12 month high of $63.40.
Harley-Davidson (NYSE:HOG) last announced its quarterly earnings results on Tuesday, July 18th. The company reported $1.48 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.38 by $0.10. Harley-Davidson had a return on equity of 30.51% and a net margin of 12.30%. The company had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.60 billion. During the same period in the previous year, the company posted $1.55 earnings per share. Harley-Davidson’s revenue for the quarter was down 5.6% on a year-over-year basis. On average, analysts expect that Harley-Davidson, Inc. will post $3.39 earnings per share for the current year.
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A number of equities research analysts have commented on the stock. Aegis assumed coverage on shares of Harley-Davidson in a report on Monday. They issued a “hold” rating and a $49.00 price target for the company. UBS AG restated a “neutral” rating and issued a $57.00 price target on shares of Harley-Davidson in a report on Tuesday, June 13th. Morgan Stanley reduced their price target on shares of Harley-Davidson from $59.00 to $54.00 and set an “overweight” rating for the company in a report on Monday, August 14th. ValuEngine cut shares of Harley-Davidson from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Finally, BidaskClub cut shares of Harley-Davidson from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Two research analysts have rated the stock with a sell rating, twenty have assigned a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $54.26.
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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