Ayalon Holdings Ltd. Exits Position in Harley-Davidson Inc (HOG)

Harley-Davidson Inc (HOG) : Ayalon Holdings Ltd. has sold out all of its stake in Harley-Davidson Inc during the most recent quarter, according to the disclosure filed by the company on Aug 1, 2016 with the SEC. The investment management company has sold out 420 shares of Harley-Davidson Inc which is valued at $21,685.

Other Hedge Funds, Including , Aberdeen Asset Management Plcuk reduced its stake in HOG by selling 37,774 shares or 13.82% in the most recent quarter. The Hedge Fund company now holds 235,575 shares of HOG which is valued at $12,162,737. Harley-Davidson Inc makes up approx 0.04% of Aberdeen Asset Management Plcuk’s portfolio.Signaturefd reduced its stake in HOG by selling 4 shares or 1.96% in the most recent quarter. The Hedge Fund company now holds 200 shares of HOG which is valued at $10,584.Huntington National Bank reduced its stake in HOG by selling 2,344 shares or 37.68% in the most recent quarter. The Hedge Fund company now holds 3,876 shares of HOG which is valued at $196,048.New York State Teachers Retirement System reduced its stake in HOG by selling 2,776 shares or 0.79% in the most recent quarter. The Hedge Fund company now holds 350,167 shares of HOG which is valued at $17,550,370. Harley-Davidson Inc makes up approx 0.04% of New York State Teachers Retirement System’s portfolio.Ls Investment Advisors reduced its stake in HOG by selling 12 shares or 0.06% in the most recent quarter. The Hedge Fund company now holds 21,610 shares of HOG which is valued at $1,083,093. Harley-Davidson Inc makes up approx 0.07% of Ls Investment Advisors’s portfolio.

Harley-Davidson Inc opened for trading at $51.63 and hit $53.54 on the upside on Thursday, eventually ending the session at $53.13, with a gain of 2.91% or 1.5 points. The heightened volatility saw the trading volume jump to 20,97,575 shares. Company has a market cap of $9,621 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.

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