Qsemble Capital Management LP Sells 6,832 Shares of Harley-Davidson, Inc. (NYSE:HOG)

Qsemble Capital Management LP trimmed its position in Harley-Davidson, Inc. (NYSE:HOG) by 37.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,581 shares of the company’s stock after selling 6,832 shares during the period. Qsemble Capital Management LP’s holdings in Harley-Davidson were worth $446,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of HOG. Quadrature Capital Ltd bought a new position in Harley-Davidson in the 1st quarter valued at $303,000. Price T Rowe Associates Inc. MD boosted its holdings in Harley-Davidson by 5.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 68,420 shares of the company’s stock valued at $2,993,000 after purchasing an additional 3,552 shares during the period. Comerica Bank raised its position in shares of Harley-Davidson by 21.3% during the 1st quarter. Comerica Bank now owns 64,045 shares of the company’s stock valued at $2,801,000 after buying an additional 11,233 shares in the last quarter. Cetera Investment Advisers raised its position in shares of Harley-Davidson by 70.6% during the 1st quarter. Cetera Investment Advisers now owns 72,828 shares of the company’s stock valued at $3,185,000 after buying an additional 30,143 shares in the last quarter. Finally, Cetera Advisors LLC raised its position in shares of Harley-Davidson by 17.5% during the 1st quarter. Cetera Advisors LLC now owns 9,941 shares of the company’s stock valued at $435,000 after buying an additional 1,482 shares in the last quarter. 85.10% of the stock is owned by institutional investors.

Insider Buying and Selling at Harley-Davidson

In other Harley-Davidson news, Director Maryrose Sylvester sold 4,278 shares of the company’s stock in a transaction that occurred on Wednesday, October 30th. The shares were sold at an average price of $32.25, for a total transaction of $137,965.50. Following the completion of the sale, the director now directly owns 17,687 shares of the company’s stock, valued at approximately $570,405.75. This represents a 19.48 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.87% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on HOG shares. Citigroup lowered their price objective on shares of Harley-Davidson from $39.00 to $34.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Baird R W cut shares of Harley-Davidson from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Bank of America decreased their target price 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. Robert W. Baird cut shares of Harley-Davidson from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $44.00 to $40.00 in a research report on Wednesday, October 2nd. Finally, UBS Group decreased their target price on shares of Harley-Davidson from $40.00 to $35.00 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $42.57.

Harley-Davidson Stock Up 0.8 %

Shares of HOG stock opened at $33.74 on Thursday. Harley-Davidson, Inc. has a 12 month low of $29.67 and a 12 month high of $44.16. The stock has a market cap of $4.30 billion, a P/E ratio of 7.60, a P/E/G ratio of 0.46 and a beta of 1.46. The company has a current ratio of 1.41, a quick ratio of 1.25 and a debt-to-equity ratio of 1.38. The company has a 50 day simple moving average of $34.61 and a two-hundred day simple moving average of $35.08.

Harley-Davidson Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Tuesday, December 10th will be issued a dividend of $0.1725 per share. This represents a $0.69 dividend on an annualized basis and a yield of 2.05%. Harley-Davidson’s dividend payout ratio is currently 15.54%.

Harley-Davidson Company 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.