Harley-Davidson Inc (HOG) : Cutler Capital Management scooped up 1,000 additional shares in Harley-Davidson Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 4,000 shares of Harley-Davidson Inc which is valued at $202,320.Harley-Davidson Inc makes up approximately 0.15% of Cutler Capital Management’s portfolio.
Other Hedge Funds, Including , Diversified Trust Co reduced its stake in HOG by selling 2,230 shares or 15.06% in the most recent quarter. The Hedge Fund company now holds 12,582 shares of HOG which is valued at $636,398. Harley-Davidson Inc makes up approx 0.09% of Diversified Trust Co’s portfolio.Marathon Asset Management Llp boosted its stake in HOG in the latest quarter, The investment management firm added 27,816 additional shares and now holds a total of 1,477,217 shares of Harley-Davidson Inc which is valued at $71,999,557. Harley-Davidson Inc makes up approx 1.49% of Marathon Asset Management Llp’s portfolio.Franklin Street Advisors Inc Nc boosted its stake in HOG in the latest quarter, The investment management firm added 925 additional shares and now holds a total of 27,205 shares of Harley-Davidson Inc which is valued at $1,330,597. Harley-Davidson Inc makes up approx 0.25% of Franklin Street Advisors Inc Nc’s portfolio.
Harley-Davidson Inc opened for trading at $50 and hit $57.33 on the upside on Friday, eventually ending the session at $52.92, with a gain of 3.74% or 1.91 points. The heightened volatility saw the trading volume jump to 1,12,20,530 shares. Company has a market cap of $9,583 M.
On the company’s financial health, Harley-Davidson Inc reported $1.55 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $1.53. The company had revenue of $1670.00 million for the quarter, compared to analysts expectations of $1662.99 million. The company’s revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.44 EPS.
Many Wall Street Analysts have commented on Harley-Davidson Inc. Barclays Downgraded Harley-Davidson Inc on Aug 1, 2016 to ” Underweight”, Price Target of the shares are set at $45.Harley-Davidson Inc was Downgraded by Wells Fargo to ” Market Perform” on Jul 29, 2016. RBC Capital Mkts Downgraded Harley-Davidson Inc on Jul 29, 2016 to ” Underperform”, Price Target of the shares are set at $43.
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.