The stock of Harley-Davidson Inc (NYSE:HOG) is a huge mover today! About 3.15M shares traded hands or 43.84% up from the average. Harley-Davidson Inc (NYSE:HOG) has risen 4.96% since March 15, 2016 and is uptrending. It has underperformed by 0.52% the S&P500.
The move comes after 7 months positive chart setup for the $9.33B company. It was reported on Oct, 18 by Barchart.com. We have $79.43 PT which if reached, will make NYSE:HOG worth $4.67B more.
Harley-Davidson Inc (NYSE:HOG) Ratings Coverage
Out of 19 analysts covering Harley-Davidson (NYSE:HOG), 3 rate it a “Buy”, 3 “Sell”, while 13 “Hold”. This means 16% are positive. Harley-Davidson has been the topic of 41 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating by Wunderlich given on Thursday, January 28. The firm has “Equal-Weight” rating given on Monday, November 23 by Barclays Capital. The rating was initiated by Bernstein with “Outperform” on Friday, September 9. The stock has “Underperform” rating given by RBC Capital Markets on Friday, July 29. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, October 13 report. Goldman Sachs downgraded Harley-Davidson Inc (NYSE:HOG) on Monday, June 6 to “Neutral” rating. The rating was maintained by RBC Capital Markets on Wednesday, October 21 with “Sector Perform”. The firm has “Hold” rating given on Tuesday, November 24 by Wedbush. As per Wednesday, October 21, the company rating was maintained by Deutsche Bank. Stifel Nicolaus downgraded the stock to “Hold” rating in Friday, July 15 report.
According to Zacks Investment Research, “Harley-Davidson is an American motorcycle manufacturer. The company operates in two segments: Motorcycles and Related Products and Financial Services. The Motorcycles segment designs, manufactures and sells heavyweight touring, custom and performance motorcycles as well as a complete line of motorcycle parts, accessories and general merchandise. The Financial Services is engaged in the business of financing and servicing wholesale inventory receivables and consumer retail installment sales contracts (primarily motorcycles).”
Insitutional Activity: The institutional sentiment increased to 0.85 in Q2 2016. Its up 0.06, from 0.79 in 2016Q1. The ratio is positive, as 51 funds sold all Harley-Davidson Inc shares owned while 166 reduced positions. 40 funds bought stakes while 144 increased positions. They now own 166.01 million shares or 2.69% more from 161.66 million shares in 2016Q1.
Cleararc holds 0.04% or 4,418 shares in its portfolio. Capstone Asset has 0.02% invested in the company for 14,387 shares. Eaton Vance last reported 0% of its portfolio in the stock. Johnson Group has 4,675 shares for 0.03% of their US portfolio. Northern Tru Corporation last reported 0.03% of its portfolio in the stock. Livforsakringsbolaget Skandia Omsesidigt, a Sweden-based fund reported 20,467 shares. Kcg Holdings Incorporated has 0.01% invested in the company for 8,353 shares. Rodgers Brothers accumulated 12,105 shares or 0.23% of the stock. Proshare Advsr Ltd owns 17,179 shares or 0.01% of their US portfolio. Janney Montgomery Scott Ltd last reported 0.01% of its portfolio in the stock. Profund Advsrs has 5,285 shares for 0.01% of their US portfolio. Boston Private Wealth Ltd Liability Company last reported 0.01% of its portfolio in the stock. Wedge Cap Mgmt L L P Nc has invested 0.09% of its portfolio in Harley-Davidson Inc (NYSE:HOG). Employees Retirement System Of Texas has 0.01% invested in the company for 14,000 shares. Rech Investors, a California-based fund reported 1.40M shares.
Insider Transactions: Since April 20, 2016, the stock had 0 insider buys, and 6 sales for $2.35 million net activity. The insider Kumbier Michelle sold 26,667 shares worth $1.23M. $87,676 worth of shares were sold by KORNETZKE MARK R on Thursday, August 4. 12,537 shares with value of $667,345 were sold by HUND LAWRENCE G on Friday, August 5. On Friday, April 22 the insider CALAWAY TONIT M sold $109,047. 2,517 shares were sold by Jones Paul J, worth $136,001. 2,230 shares were sold by ZEITZ JOCHEN, worth $117,859 on Friday, July 29.
More notable recent Harley-Davidson Inc (NYSE:HOG) news were published by: Fool.com which released: “Better Buy: Polaris Industries Inc. vs. Harley-Davidson” on October 17, 2016, also Marketwatch.com with their article: “Harley-Davidson revenue tops estimates, to cut costs in fourth quarter” published on October 18, 2016, Reuters.com published: “Harley-Davidson eyes Asian riders to rev up growth” on October 13, 2016. More interesting news about Harley-Davidson Inc (NYSE:HOG) were released by: Benzinga.com and their article: “10 Stocks To Watch For October 18, 2016” published on October 18, 2016 as well as Fool.com‘s news article titled: “This Matters More to Investors Than Whether Harley-Davidson Inc Gets Acquired” with publication date: September 23, 2016.
HOG Company Profile
Harley-Davidson, Inc., incorporated on March 8, 1991, is the parent firm for the groups of companies doing business as Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS). The Firm operates in two divisions: the Motorcycles & Related Products (Motorcycles) and the Financial Services. The Firm operates across the world, including the Americas, Europe/Middle East/Africa (EMEA) and Asia-Pacific.
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