Harley-Davidson Inc (HOG) : Hl Financial Services scooped up 99,490 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 1,051,021 shares of Harley-Davidson Inc which is valued at $53,160,642.Harley-Davidson Inc makes up approximately 1.22% of Hl Financial Services’s portfolio.
Other Hedge Funds, Including , Shell Asset Management Co boosted its stake in HOG in the latest quarter, The investment management firm added 2,486 additional shares and now holds a total of 45,092 shares of Harley-Davidson Inc which is valued at $2,280,753. Harley-Davidson Inc makes up approx 0.05% of Shell Asset Management Co’s portfolio.Sprucegrove Investment Management Ltd boosted its stake in HOG in the latest quarter, The investment management firm added 600 additional shares and now holds a total of 201,200 shares of Harley-Davidson Inc which is valued at $10,176,696. Harley-Davidson Inc makes up approx 0.40% of Sprucegrove Investment Management Ltd’s portfolio. Curian Capital sold out all of its stake in HOG during the most recent quarter. The investment firm sold 3,960 shares of HOG which is valued $192,971.
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.