Harley-Davidson Inc (HOG) : Eagle Ridge Investment Management reduced its stake in Harley-Davidson Inc by 0.56% during the most recent quarter end. The investment management company now holds a total of 98,750 shares of Harley-Davidson Inc which is valued at $4,796,288 after selling 552 shares in Harley-Davidson Inc , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.Harley-Davidson Inc makes up approximately 1.10% of Eagle Ridge Investment Management’s portfolio.
Harley-Davidson Inc opened for trading at $49.36 and hit $49.89 on the upside on Wednesday, eventually ending the session at $49.45, with a gain of 0.14% or 0.07 points. The heightened volatility saw the trading volume jump to 16,75,122 shares. Company has a market cap of $9,100 M.
Other Hedge Funds, Including , Everence Capital Management Inc added HOG to its portfolio by purchasing 4,305 company shares during the most recent quarter which is valued at $209,094. Harley-Davidson Inc makes up approx 0.06% of Everence Capital Management Inc’s portfolio.Benjamin F. Edwards Company boosted its stake in HOG in the latest quarter, The investment management firm added 151 additional shares and now holds a total of 8,626 shares of Harley-Davidson Inc which is valued at $400,505. Harley-Davidson Inc makes up approx 0.08% of Benjamin F. Edwards Company’s portfolio. Dnb Asset Management As added HOG to its portfolio by purchasing 11,911 company shares during the most recent quarter which is valued at $553,028. Harley-Davidson Inc makes up approx 0.01% of Dnb Asset Management As’s portfolio.
On the company’s financial health, Harley-Davidson Inc reported $1.36 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Apr 19, 2016. Analyst had a consensus of $1.30. The company had revenue of $1576.60 million for the quarter, compared to analysts expectations of $1499.25 million. The company’s revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.27 EPS.
Many Wall Street Analysts have commented on Harley-Davidson Inc. Shares were Reiterated by Wedbush on Apr 13, 2016 to “Neutral” and Lowered the Price Target to $ 42 from a previous price target of $46 .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.
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.