Vontobel Swiss Wealth Advisors AG Has $382,000 Stake in Harley-Davidson, Inc. (HOG)
Vontobel Swiss Wealth Advisors AG increased its position in shares of Harley-Davidson, Inc. (NYSE:HOG) by 79.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,925 shares of the company’s stock after buying an additional 3,500 shares during the quarter. Vontobel Swiss Wealth Advisors AG’s holdings in Harley-Davidson were worth $382,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in HOG. Capital Research Global Investors raised its position in shares of Harley-Davidson by 605.1% during the 2nd quarter. Capital Research Global Investors now owns 16,732,599 shares of the company’s stock valued at $903,895,000 after buying an additional 14,359,571 shares during the period. Independent Franchise Partners LLP raised its position in shares of Harley-Davidson by 53.3% during the 3rd quarter. Independent Franchise Partners LLP now owns 8,101,285 shares of the company’s stock valued at $390,562,000 after buying an additional 2,815,749 shares during the period. Impala Asset Management LLC raised its position in shares of Harley-Davidson by 60.2% during the 2nd quarter. Impala Asset Management LLC now owns 2,077,434 shares of the company’s stock valued at $112,223,000 after buying an additional 780,371 shares during the period. Janus Henderson Group PLC raised its position in shares of Harley-Davidson by 2,910.0% during the 2nd quarter. Janus Henderson Group PLC now owns 559,881 shares of the company’s stock valued at $30,245,000 after buying an additional 541,280 shares during the period. Finally, Great West Life Assurance Co. Can raised its position in shares of Harley-Davidson by 68.3% during the 2nd quarter. Great West Life Assurance Co. Can now owns 1,171,502 shares of the company’s stock valued at $63,177,000 after buying an additional 475,539 shares during the period. 93.32% of the stock is currently owned by hedge funds and other institutional investors.
In related news, insider Lawrence G. Hund sold 8,660 shares of the business’s stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $46.88, for a total transaction of $405,980.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jochen Zeitz sold 1,859 shares of the business’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $47.80, for a total transaction of $88,860.20. The disclosure for this sale can be found here. In the last quarter, insiders have sold 73,739 shares of company stock valued at $3,524,954. Insiders own 0.70% of the company’s stock.
Harley-Davidson, Inc. (NYSE:HOG) traded up $0.13 during trading hours on Tuesday, hitting $47.01. 491,169 shares of the company’s stock traded hands, compared to its average volume of 2,262,846. The company has a current ratio of 1.18, a quick ratio of 1.03 and a debt-to-equity ratio of 2.48. The firm has a market capitalization of $7,960.36, a P/E ratio of 14.78, a price-to-earnings-growth ratio of 1.62 and a beta of 0.94. Harley-Davidson, Inc. has a fifty-two week low of $44.52 and a fifty-two week high of $63.40.
Harley-Davidson (NYSE:HOG) last issued its earnings results on Tuesday, October 17th. The company reported $0.40 EPS for the quarter, hitting analysts’ consensus estimates of $0.40. The firm had revenue of $962.10 million during the quarter, compared to the consensus estimate of $959.41 million. Harley-Davidson had a net margin of 11.68% and a return on equity of 28.69%. The company’s revenue was down 11.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.64 earnings per share. research analysts expect that Harley-Davidson, Inc. will post 3.43 earnings per share for the current fiscal year.
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Several research firms have recently commented on HOG. Tigress Financial reaffirmed a “buy” rating on shares of Harley-Davidson in a research report on Friday, July 21st. Stifel Nicolaus reaffirmed a “buy” rating and set a $48.00 price target (down previously from $51.00) on shares of Harley-Davidson in a research report on Tuesday, October 10th. Morgan Stanley reduced their price target on shares of Harley-Davidson from $59.00 to $54.00 and set an “overweight” rating on the stock in a research report on Monday, August 14th. ValuEngine lowered shares of Harley-Davidson from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Finally, Barclays PLC cut their target price on Harley-Davidson from $52.00 to $45.00 and set an “underperform” rating on the stock in a research report on Wednesday, July 19th. Three research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and five have assigned a buy rating to the stock. Harley-Davidson currently has an average rating of “Hold” and an average price target of $52.50.
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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