EP Wealth Advisors LLC Invests $251,000 in Harley-Davidson, Inc. (NYSE:HOG)

EP Wealth Advisors LLC bought a new stake in shares of Harley-Davidson, Inc. (NYSE:HOG) during the 3rd quarter, Holdings Channel reports. The firm bought 6,519 shares of the company’s stock, valued at approximately $251,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Prospera Private Wealth LLC bought a new position in shares of Harley-Davidson during the 3rd quarter valued at approximately $35,000. Ashton Thomas Securities LLC purchased a new stake in shares of Harley-Davidson in the third quarter worth $38,000. Signaturefd LLC increased its stake in shares of Harley-Davidson by 46.8% in the second quarter. Signaturefd LLC now owns 1,872 shares of the company’s stock worth $63,000 after purchasing an additional 597 shares in the last quarter. Fifth Third Bancorp raised its position in shares of Harley-Davidson by 19.5% during the 2nd quarter. Fifth Third Bancorp now owns 1,970 shares of the company’s stock valued at $66,000 after purchasing an additional 322 shares during the period. Finally, Brooklyn Investment Group purchased a new position in shares of Harley-Davidson during the 3rd quarter valued at $79,000. Hedge funds and other institutional investors own 85.10% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Baird R W cut Harley-Davidson from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 2nd. StockNews.com raised Harley-Davidson from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th. Citigroup dropped their price target on Harley-Davidson from $39.00 to $34.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Bank of America reduced their price objective on shares of Harley-Davidson from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Tuesday, October 15th. Finally, UBS Group dropped their target price on shares of Harley-Davidson from $40.00 to $35.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $42.57.

Insider Activity

In other news, Director Maryrose Sylvester sold 4,278 shares of the business’s stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $32.25, for a total transaction of $137,965.50. Following the transaction, the director now owns 17,687 shares of the company’s stock, valued at approximately $570,405.75. The trade was a 19.48 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.87% of the company’s stock.

Harley-Davidson Trading Down 1.3 %

HOG stock opened at $32.59 on Friday. The firm has a fifty day moving average price of $33.44 and a 200 day moving average price of $34.90. Harley-Davidson, Inc. has a fifty-two week low of $31.32 and a fifty-two week high of $44.16. The firm has a market cap of $4.15 billion, a PE ratio of 7.34, a price-to-earnings-growth ratio of 0.45 and a beta of 1.47. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.25 and a current ratio of 1.41.

Harley-Davidson Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Tuesday, December 10th will be issued a $0.1725 dividend. The ex-dividend date is Tuesday, December 10th. This represents a $0.69 dividend on an annualized basis and a dividend yield of 2.12%. Harley-Davidson’s dividend payout ratio (DPR) is presently 15.54%.

Harley-Davidson Profile

Harley-Davidson, Inc manufactures and sells motorcycles in the United States and internationally. The company operates in three segments: Harley-Davidson Motor Company, LiveWire, and Harley-Davidson Financial Services. The Harley-Davidson Motor Company segment designs, manufactures, and sells motorcycles, including cruiser, trike, touring, standard, sportbike, adventure, and dual sport, as well as motorcycle parts, accessories, and apparel, as well as licenses its trademarks and related services.