Harley-Davidson Inc. (HOG) Position Increased by the Amalgamated Bank

Harley-Davidson Inc. (HOG) Position Increased by the Amalgamated Bank

Amalgamated Bank raised its position in shares of Harley-Davidson Inc. (NYSE:HOG) by 124.1% during the second quarter, Holdings Channel reports. The firm owned 16,185 shares of the company’s stock after buying an additional 8,963 shares during the period. Amalgamated Bank’s holdings in Harley-Davidson were worth $870,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in HOG. Exxonmobil Investment Management Inc. TX raised its position in shares of Harley-Davidson by 4.6% in the second quarter. Exxonmobil Investment Management Inc. TX now owns 46,875 shares of the company’s stock worth $2,123,000 after buying an additional 2,069 shares during the period. F&V Capital Management LLC raised its position in shares of Harley-Davidson by 78.1% in the second quarter. F&V Capital Management LLC now owns 72,405 shares of the company’s stock worth $3,279,000 after buying an additional 31,740 shares during the period. CHICAGO TRUST Co NA raised its position in shares of Harley-Davidson by 7.6% in the second quarter. CHICAGO TRUST Co NA now owns 37,952 shares of the company’s stock worth $1,719,000 after buying an additional 2,665 shares during the period. Osborn Rohs Williams & Donohoe Ltd raised its position in shares of Harley-Davidson by 6.4% in the second quarter. Osborn Rohs Williams & Donohoe Ltd now owns 16,630 shares of the company’s stock worth $753,000 after buying an additional 1,004 shares during the period. Finally, Fulton Bank N.A. raised its position in shares of Harley-Davidson by 0.7% in the second quarter. Fulton Bank N.A. now owns 9,249 shares of the company’s stock worth $419,000 after buying an additional 66 shares during the period. Hedge funds and other institutional investors own 94.68% of the company’s stock.

Shares of Harley-Davidson Inc. (NYSE:HOG) traded down 0.74% during trading on Friday, hitting $59.00. The stock had a trading volume of 3,370,148 shares. The firm has a market cap of $10.53 billion, a price-to-earnings ratio of 15.80 and a beta of 0.96. The stock has a 50-day moving average of $53.96 and a 200 day moving average of $50.21. Harley-Davidson Inc. has a 12-month low of $36.36 and a 12-month high of $61.35.

Harley-Davidson (NYSE:HOG) last released its earnings results on Tuesday, October 18th. The company reported $0.64 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.64. Harley-Davidson had a return on equity of 35.49% and a net margin of 12.86%. The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the prior year, the business posted $0.69 earnings per share. The firm’s revenue for the quarter was down 4.3% compared to the same quarter last year. On average, analysts predict that Harley-Davidson Inc. will post $3.88 earnings per share for the current fiscal year.

A number of research analysts have weighed in on HOG shares. BMO Capital Markets restated an “outperform” rating and issued a $66.00 price objective on shares of Harley-Davidson in a report on Sunday, October 23rd. Argus restated a “hold” rating on shares of Harley-Davidson in a report on Sunday, October 23rd. Stifel Nicolaus raised their price objective on Harley-Davidson from $50.00 to $51.00 and gave the company a “hold” rating in a report on Thursday, October 20th. Wunderlich restated a “hold” rating and issued a $52.00 price objective on shares of Harley-Davidson in a report on Tuesday, October 18th. Finally, Royal Bank Of Canada raised their price objective on Harley-Davidson from $43.00 to $46.00 and gave the company an “underperform” rating in a report on Wednesday, October 19th. Five equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $51.61.

In other Harley-Davidson news, VP Paul J. Jones sold 2,517 shares of the company’s stock in a transaction dated Friday, August 19th. The stock was sold at an average price of $54.03, for a total transaction of $135,993.51. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Donald A. James sold 100,000 shares of the company’s stock in a transaction dated Wednesday, November 2nd. The stock was sold at an average price of $56.13, for a total value of $5,613,000.00. Following the sale, the director now owns 5,523 shares of the company’s stock, valued at $310,005.99. The disclosure for this sale can be found here. Company insiders own 0.99% of the company’s stock.

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 l Harley-Davidson motorcycles, as well as a line of motorcycle parts, accessories, general merchandise and related services.

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