Ladenburg Thalmann Financial Services Inc. lowered its stake in Harley-Davidson Inc (NYSE:HOG) by 17.5% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,191 shares of the company’s stock after selling 2,369 shares during the quarter. Ladenburg Thalmann Financial Services Inc.’s holdings in Harley-Davidson were worth $541,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently bought and sold shares of the stock. Geneva Advisors LLC lifted its stake in shares of Harley-Davidson by 5.4% during the 2nd quarter. Geneva Advisors LLC now owns 3,937 shares of the company’s stock worth $213,000 after purchasing an additional 200 shares during the period. TLP Group LLC purchased a new position in shares of Harley-Davidson during the 2nd quarter worth $255,000. Profund Advisors LLC lifted its stake in shares of Harley-Davidson by 29.5% during the 2nd quarter. Profund Advisors LLC now owns 5,487 shares of the company’s stock worth $296,000 after purchasing an additional 1,251 shares during the period. Parametrica Management Ltd purchased a new position in shares of Harley-Davidson during the 3rd quarter worth $269,000. Finally, Caisse DE Depot ET Placement DU Quebec lifted its stake in shares of Harley-Davidson by 22.1% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,080 shares of the company’s stock worth $294,000 after purchasing an additional 1,100 shares during the period. 97.18% of the stock is currently owned by hedge funds and other institutional investors.
In related news, Director Jochen Zeitz sold 1,859 shares of the stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $47.80, for a total value of $88,860.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO John A. Olin sold 28,760 shares of the stock in a transaction on Thursday, October 19th. The shares were sold at an average price of $48.03, for a total value of $1,381,342.80. Following the completion of the sale, the chief financial officer now owns 65,722 shares of the company’s stock, valued at $3,156,627.66. The disclosure for this sale can be found here. Over the last quarter, insiders sold 58,726 shares of company stock valued at $2,816,641. 0.70% of the stock is owned by insiders.
Shares of Harley-Davidson Inc (HOG) opened at $51.84 on Tuesday. Harley-Davidson Inc has a twelve month low of $44.52 and a twelve month high of $63.40. The stock has a market capitalization of $8,724.42, a price-to-earnings ratio of 16.20, a P/E/G ratio of 1.78 and a beta of 0.96. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.18 and a quick ratio of 1.03.
Harley-Davidson (NYSE:HOG) last announced its quarterly earnings results on Tuesday, October 17th. The company reported $0.40 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.40. Harley-Davidson had a return on equity of 28.69% and a net margin of 11.68%. The firm had revenue of $962.10 million during the quarter, compared to the consensus estimate of $959.41 million. During the same period in the prior year, the firm earned $0.64 EPS. The firm’s quarterly revenue was down 11.9% compared to the same quarter last year. equities analysts anticipate that Harley-Davidson Inc will post 3.43 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be issued a $0.365 dividend. The ex-dividend date is Thursday, December 14th. This represents a $1.46 annualized dividend and a yield of 2.82%. Harley-Davidson’s dividend payout ratio is currently 45.63%.
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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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