Great West Life Assurance Co. Can lifted its holdings in shares of Harley-Davidson Inc (NYSE:HOG) by 20.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,697,460 shares of the company’s stock after acquiring an additional 288,544 shares during the quarter. Great West Life Assurance Co. Can’s holdings in Harley-Davidson were worth $60,335,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of HOG. Segall Bryant & Hamill LLC increased its position in Harley-Davidson by 3.2% in the fourth quarter. Segall Bryant & Hamill LLC now owns 9,728 shares of the company’s stock worth $332,000 after buying an additional 300 shares during the last quarter. CIBC Asset Management Inc increased its position in Harley-Davidson by 2.0% in the first quarter. CIBC Asset Management Inc now owns 15,762 shares of the company’s stock worth $562,000 after buying an additional 312 shares during the last quarter. LS Investment Advisors LLC increased its position in Harley-Davidson by 1.5% in the fourth quarter. LS Investment Advisors LLC now owns 21,298 shares of the company’s stock worth $727,000 after buying an additional 315 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in Harley-Davidson by 5.0% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 9,327 shares of the company’s stock worth $333,000 after buying an additional 444 shares during the last quarter. Finally, Daiwa Securities Group Inc. increased its position in Harley-Davidson by 7.8% in the fourth quarter. Daiwa Securities Group Inc. now owns 6,185 shares of the company’s stock worth $211,000 after buying an additional 450 shares during the last quarter. 92.26% of the stock is owned by institutional investors.

A number of equities analysts have recently commented on the company. ValuEngine lowered Harley-Davidson from a “sell” rating to a “strong sell” rating in a report on Tuesday, January 29th. William Blair reaffirmed a “market perform” rating on shares of Harley-Davidson in a report on Tuesday, January 29th. Zacks Investment Research raised Harley-Davidson from a “sell” rating to a “hold” rating in a report on Thursday, January 31st. KeyCorp reaffirmed a “hold” rating on shares of Harley-Davidson in a report on Friday, February 22nd. Finally, Wells Fargo & Co reaffirmed a “market perform” rating and issued a $41.00 price target (down from $49.00) on shares of Harley-Davidson in a report on Monday, April 8th. Four analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company. Harley-Davidson has an average rating of “Hold” and an average price target of $42.08.

Harley-Davidson stock opened at $35.18 on Thursday. Harley-Davidson Inc has a one year low of $31.36 and a one year high of $46.79. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.22 and a quick ratio of 1.05. The firm has a market capitalization of $5.67 billion, a PE ratio of 9.31, a P/E/G ratio of 1.20 and a beta of 1.15.

Harley-Davidson (NYSE:HOG) last posted its quarterly earnings data on Tuesday, April 23rd. The company reported $0.98 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.86 by $0.12. The company had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.21 billion. Harley-Davidson had a return on equity of 28.82% and a net margin of 8.72%. The firm’s quarterly revenue was down 10.1% on a year-over-year basis. During the same quarter last year, the company earned $1.24 earnings per share. Analysts anticipate that Harley-Davidson Inc will post 3.72 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Thursday, May 30th will be paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 4.26%. The ex-dividend date of this dividend is Wednesday, May 29th. Harley-Davidson’s dividend payout ratio is 39.68%.

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About Harley-Davidson

Harley-Davidson, Inc manufactures and sells custom, cruiser, and touring motorcycles. The company operates in two segments, Motorcycles and Related Products and Financial Services. The Motorcycles and Related Products segment designs, manufactures, and sells on-road Harley-Davidson motorcycles, including cruiser, touring, standard, sportbike, and dual models, 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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