Harley-Davidson Inc (HOG) : Kiltearn Partners Llp added new position in Harley-Davidson Inc during the most recent quarter end. The investment management firm now holds 1,469,700 shares of Harley-Davidson Inc which is valued at $78,952,284 , the company said in a statement filed on Aug 10, 2016 with the SEC.Harley-Davidson Inc makes up approximately 3.29% of Kiltearn Partners Llp’s portfolio.
Other Hedge Funds, Including , Vontobel Swiss Wealth Advisors Ag added HOG to its portfolio by purchasing 8,010 company shares during the most recent quarter which is valued at $430,297. Harley-Davidson Inc makes up approx 0.22% of Vontobel Swiss Wealth Advisors Ag’s portfolio.Cable Hill Partners boosted its stake in HOG in the latest quarter, The investment management firm added 1 additional shares and now holds a total of 128 shares of Harley-Davidson Inc which is valued at $6,847.Utah Retirement Systems reduced its stake in HOG by selling 1,400 shares or 4.07% in the most recent quarter. The Hedge Fund company now holds 33,033 shares of HOG which is valued at $1,705,494. Harley-Davidson Inc makes up approx 0.04% of Utah Retirement Systems’s portfolio.Gulf International Bank (uk) Ltd reduced its stake in HOG by selling 9,673 shares or 15.28% in the most recent quarter. The Hedge Fund company now holds 53,619 shares of HOG which is valued at $2,622,505. Harley-Davidson Inc makes up approx 0.04% of Gulf International Bank (uk) Ltd’s portfolio.
Harley-Davidson Inc opened for trading at $53.22 and hit $54.12 on the upside on Friday, eventually ending the session at $53.65, with a gain of 0.21% or 0.11 points. The heightened volatility saw the trading volume jump to 18,17,037 shares. Company has a market cap of $9,592 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.