Harley-Davidson Inc Stock Was Sold By Options Traders

 Harley Davidson Inc Stock Was Sold By Options Traders

In today’s session Harley-Davidson Inc (HOG) recorded an unusually high (2,336) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious HOG decrease. With 2,336 contracts traded and 24574 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: HOG161216P00055000 closed last at: $0.51 or 37% down. The stock increased 0.33% or $0.2 on November 23, hitting $59.95. About 1.20 million shares traded hands. Harley-Davidson Inc (NYSE:HOG) has risen 23.43% since April 22, 2016 and is uptrending. It has outperformed by 18.02% the S&P500.

Analysts await Harley-Davidson Inc (NYSE:HOG) to report earnings on January, 26. They expect $0.32 EPS, up 45.45% or $0.10 from last year’s $0.22 per share. HOG’s profit will be $57.81 million for 46.84 P/E if the $0.32 EPS becomes a reality. After $0.64 actual EPS reported by Harley-Davidson Inc for the previous quarter, Wall Street now forecasts -50.00% negative EPS growth.

Harley-Davidson Inc (NYSE:HOG) Ratings Coverage

Out of 20 analysts covering Harley-Davidson (NYSE:HOG), 3 rate it a “Buy”, 2 “Sell”, while 15 “Hold”. This means 15% are positive. Harley-Davidson has been the topic of 45 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The stock has “Hold” rating given by Stifel Nicolaus on Friday, July 15. The rating was initiated by Jefferies with “Hold” on Friday, September 30. Longbow downgraded the shares of HOG in a report on Monday, August 29 to “Underperform” rating. The stock of Harley-Davidson Inc (NYSE:HOG) earned “Neutral” rating by Robert W. Baird on Wednesday, July 6. Longbow downgraded the stock to “Neutral” rating in Monday, October 12 report. Goldman Sachs downgraded the stock to “Neutral” rating in Monday, June 6 report. RBC Capital Markets maintained Harley-Davidson Inc (NYSE:HOG) on Wednesday, October 19 with “Underperform” rating. Wunderlich maintained the shares of HOG in a report on Tuesday, October 20 with “Hold” rating. The stock of Harley-Davidson Inc (NYSE:HOG) earned “Outperform” rating by Bernstein on Friday, September 9. As per Friday, September 4, the company rating was maintained by UBS.

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 decreased to 0.79 in Q2 2016. Its down 0.06, from 0.85 in 2016Q1. The ratio dropped, 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.
Nationwide Fund Advsr, a Pennsylvania-based fund reported 51,801 shares. United Automobile Association holds 174,509 shares or 0.03% of its portfolio. Guggenheim Cap Ltd Company last reported 597,803 shares in the company. Old Natl Bank In last reported 7,813 shares in the company. Thompson Inv accumulated 0.77% or 83,134 shares. Hm Payson & Co owns 5,326 shares or 0.01% of their US portfolio. Gradient Investments Ltd accumulated 200 shares or 0% of the stock. New York State Common Retirement Fund has 451,200 shares for 0.03% of their US portfolio. The Washington-based Tradewinds Cap Ltd Liability Corporation has invested 0.02% in Harley-Davidson Inc (NYSE:HOG). State Treasurer State Of Michigan last reported 0.02% of its portfolio in the stock. Blackrock Fund Advsr accumulated 0.03% or 2.80M shares. Skylands Capital Ltd Liability Corp holds 0.02% of its portfolio in Harley-Davidson Inc (NYSE:HOG) for 2,375 shares. Bartlett Co Ltd Liability Co accumulated 0.01% or 5,995 shares. Birmingham Cap Mgmt Al accumulated 22,025 shares or 0.44% of the stock. Alpha Windward Limited Liability Com holds 0% of its portfolio in Harley-Davidson Inc (NYSE:HOG) for 27 shares.

Insider Transactions: Since July 29, 2016, the stock had 0 insider buys, and 7 insider sales for $8.62 million net activity. Another trade for 2,517 shares valued at $136,001 was sold by Jones Paul J. HUND LAWRENCE G sold $1.70M worth of stock. BISCHMANN JOANNE M sold $302,220 worth of stock or 5,037 shares. The insider ZEITZ JOCHEN sold 2,230 shares worth $117,859. The insider KORNETZKE MARK R sold $87,676. Shares for $5.61 million were sold by JAMES DONALD A on Wednesday, November 2.

Harley-Davidson, Inc. is the parent firm for the groups of companies doing business as Harley-Davidson Motor Company and Harley-Davidson Financial Services (HDFS). The company has a market cap of $10.83 billion. The Firm operates in two divisions: the Motorcycles & Related Products (Motorcycles) and the Financial Services. It has a 15.92 P/E ratio. The Motorcycles segment consists of HDMC, which designs, makes and sells at wholesale on-road l Harley-Davidson motorcycles, as well as a line of motorcycle parts, accessories, general merchandise and related services.

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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