Harley-Davidson Inc (HOG) : Pinnacle Summer Investments scooped up 37,000 additional shares in Harley-Davidson Inc during the Q4 period, according to a recent disclosure to the SEC. The investment management firm now holds a total of 76,026 shares of Harley-Davidson Inc which is valued at $3.8 Million.Harley-Davidson Inc makes up approximately 0.53% of Pinnacle Summer Investments’s portfolio.
Other Hedge Funds, Including , Stratos Wealth Partners Ltd. added HOG to its portfolio by purchasing 34,514 company shares during the Fourth Quarter which is valued at $1.7 Million. Harley-Davidson Inc makes up approx 0.14% of Stratos Wealth Partners Ltd.’s portfolio. Clinton Group Inc added HOG to its portfolio by purchasing 11,614 company shares during the Fourth Quarter which is valued at $576,054. Harley-Davidson Inc makes up approx 0.05% of Clinton Group Inc’s portfolio. Graticule Asia Macro Advisors added HOG to its portfolio by purchasing 35,750 company shares during the Fourth Quarter which is valued at $1.8 Million. Harley-Davidson Inc makes up approx 0.38% of Graticule Asia Macro Advisors’s portfolio.Arizona State Retirement System reduced its stake in HOG by selling 4,000 shares or 7.1% during the fourth quarter. The Hedge Fund company now holds 52,321 shares of HOG which is valued at $2.6 Million. Harley-Davidson Inc makes up approx 0.03% of Arizona State Retirement System’s portfolio.Lateef Investment Management reduced its stake in HOG by selling 2,725 shares or 26.91% during the fourth quarter. The Hedge Fund company now holds 7,400 shares of HOG which is valued at $367,040. Harley-Davidson Inc makes up approx 0.01% of Lateef Investment Management’s portfolio.
On the company’s financial health, Harley-Davidson Inc reported $0.22 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jan 28, 2016. Analyst had a consensus of $0.21. The company had revenue of $1007.10 million for the quarter, compared to analysts expectations of $1025.82 million. The company’s revenue was down -2.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.35 EPS.
Many Wall Street Analysts have commented on Harley-Davidson Inc. Company shares were Reiterated by Wunderlich on Mar 30, 2016 to “Hold”, Firm has raised the Price Target to $ 52 from a previous price target of $44 .Sterne Agee CRT Initiated Harley-Davidson Inc on Mar 11, 2016 to “Neutral”, Price Target of the shares are set at $52.Shares were Reiterated by RBC Capital Mkts on Jan 29, 2016 to “Sector Perform” and Lowered the Price Target to $ 43 from a previous price target of $44 .
Harley-Davidson Inc opened for trading at $49.5 and hit $50.03 on the upside on Wednesday, eventually ending the session at $49.48, with a gain of 0.53% or 0.26 points. The heightened volatility saw the trading volume jump to 27,29,475 shares. Company has a market cap of $9,106 M.
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) segment and the Financial Services segment. The Motorcycles segment consists of HDMC which designs manufactures and sells street-legal Harley-Davidson motorcycles as well as a line of motorcycle parts accessories general merchandise and related services. The Company’s products are sold to retail customers through a network of independent dealers. The Financial Services segment consists of HDFS which provides wholesale and retail financing and insurance and insurance-related programs to Harley-Davidson dealers and their retail customers. The Company conducts its business around the world including in North America Europe the Middle East and Africa (EMEA); Asia-Pacific and Latin America.