Harley-Davidson Inc (HOG) : Selway Asset Management reduced its stake in Harley-Davidson Inc by 4.37% during the most recent quarter end. The investment management company now holds a total of 50,300 shares of Harley-Davidson Inc which is valued at $2,596,989 after selling 2,300 shares in Harley-Davidson Inc , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.Harley-Davidson Inc makes up approximately 1.59% of Selway Asset Management’s portfolio.
Other Hedge Funds, Including , Advisory Services Network boosted its stake in HOG in the latest quarter, The investment management firm added 500 additional shares and now holds a total of 1,090 shares of Harley-Davidson Inc which is valued at $55,132. Harley-Davidson Inc makes up approx 0.01% of Advisory Services Network’s portfolio. Calamos Advisors sold out all of its stake in HOG during the most recent quarter. The investment firm sold 5,950 shares of HOG which is valued $300,951.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.Gateway Investment Advisers reduced its stake in HOG by selling 487 shares or 0.76% in the most recent quarter. The Hedge Fund company now holds 63,984 shares of HOG which is valued at $3,129,457. Harley-Davidson Inc makes up approx 0.03% of Gateway Investment Advisers’s portfolio.
Harley-Davidson Inc opened for trading at $54.03 and hit $54.58 on the upside on Monday, eventually ending the session at $53.96, with a gain of 0.88% or 0.47 points. The heightened volatility saw the trading volume jump to 16,15,023 shares. Company has a market cap of $9,648 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.