Matrix Trust Co Has $171,000 Position in Harley-Davidson, Inc. (NYSE:HOG)

Matrix Trust Co grew its stake in shares of Harley-Davidson, Inc. (NYSE:HOG) by 808.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 5,689 shares of the company’s stock after buying an additional 5,063 shares during the period. Matrix Trust Co’s holdings in Harley-Davidson were worth $171,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Prospera Private Wealth LLC acquired a new position in shares of Harley-Davidson during the third quarter valued at about $35,000. Ashton Thomas Securities LLC bought a new stake in Harley-Davidson in the third quarter valued at about $38,000. Brooklyn Investment Group bought a new stake in Harley-Davidson in the third quarter valued at about $79,000. GAMMA Investing LLC increased its stake in Harley-Davidson by 24.6% in the third quarter. GAMMA Investing LLC now owns 2,502 shares of the company’s stock valued at $96,000 after acquiring an additional 494 shares during the period. Finally, Covestor Ltd increased its stake in Harley-Davidson by 14.7% in the third quarter. Covestor Ltd now owns 3,505 shares of the company’s stock valued at $135,000 after acquiring an additional 448 shares during the period. Institutional investors and hedge funds own 85.10% of the company’s stock.

Insider Transactions at Harley-Davidson

In related news, Director Maryrose Sylvester sold 4,278 shares of the stock in a transaction that occurred on Wednesday, October 30th. The shares were sold at an average price of $32.25, for a total value of $137,965.50. Following the transaction, the director now directly owns 17,687 shares in the company, valued at $570,405.75. This represents a 19.48 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.87% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts recently weighed in on HOG shares. Baird R W cut shares of Harley-Davidson from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Robert W. Baird lowered their target price on shares of Harley-Davidson from $40.00 to $36.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 31st. Citigroup lowered their target price on shares of Harley-Davidson from $39.00 to $34.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. StockNews.com raised shares of Harley-Davidson from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th. Finally, UBS Group decreased their price objective on shares of Harley-Davidson from $40.00 to $35.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $42.00.

Harley-Davidson Price Performance

Shares of HOG stock opened at $27.79 on Monday. Harley-Davidson, Inc. has a 1 year low of $27.69 and a 1 year high of $44.16. The firm’s 50 day moving average is $31.90 and its 200-day moving average is $34.33. The firm has a market capitalization of $3.54 billion, a price-to-earnings ratio of 6.26, a PEG ratio of 0.44 and a beta of 1.48. The company has a current ratio of 1.41, a quick ratio of 1.25 and a debt-to-equity ratio of 1.38.

Harley-Davidson Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Tuesday, December 10th were given a dividend of $0.1725 per share. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $0.69 dividend on an annualized basis and a dividend yield of 2.48%. Harley-Davidson’s payout ratio is 15.54%.

Harley-Davidson Profile

Harley-Davidson, Inc manufactures and sells motorcycles in the United States and internationally. The company operates in three segments: Harley-Davidson Motor Company, LiveWire, and Harley-Davidson Financial Services. The Harley-Davidson Motor Company segment designs, manufactures, and sells motorcycles, including cruiser, trike, touring, standard, sportbike, adventure, and dual sport, as well as motorcycle parts, accessories, and apparel, as well as licenses its trademarks and related services.