Published: Thu, October 19, 2017
Money | By Armando Alvarado

Harley-Davidson, Inc. (HOG) Given Hold Rating at Goldman Sachs Group, Inc

Harley-Davidson, Inc. (HOG) Given Hold Rating at Goldman Sachs Group, Inc

While looking at the Stock's Performance, Harley-Davidson, Inc. now shows a Weekly Performance of 2.59%, where Monthly Performance is -2.14%, Quarterly performance is -2.56%, 6 Months performance is -15.76% and yearly performance percentage is -4.39%.

Ratings analysis reveals 0 of Harley-Davidson's analysts are positive. However, -0.25% over the last one month, -1.54% for the last quarter and year to date performance stands at -17.69%.

Analysts' ultimate objective when projecting revenue is to determine the appropriate value for a stock. According to these analysts, the Low Revenue Estimate for Harley-Davidson, Inc.is 893 Million and the High Revenue Estimate is 995.24 Million. In looking the SMA 50 we see that the stock has seen a -0.13% while it has a distance of -11.91% from the 200 days simple moving average.

Analysts have given a mean recommendation of 2.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Wedbush set a $45.00 price objective on Harley-Davidson and gave the stock a "hold" rating in a report on Sunday, October 8th. Goldman Sachs maintained it with "Buy" rating and $26 target in Tuesday, April 19 report. The stock has a market cap of $8.29 billion, a price-to-earnings ratio of 13.92 and a beta of 0.87.

Harley-Davidson, Inc. (NYSE:HOG) received a Buy rating from 0 analysts. Matrix Asset Advisors Inc Ny, a New York-based fund reported 187,682 shares.

Investors are feeling more bullish on Harley-Davidson, Inc. of late if you watch the motion in short interest. The Return on Equity ratio of Harley-Davidson, Inc.

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Impala Asset Management Llc holds 5.69% of its portfolio in Harley-Davidson Inc for 2.08 million shares.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 22nd. This represents a $1.46 annualized dividend and a yield of 3.04%.

In other Harley-Davidson news, insider Lawrence G. Hund sold 15,013 shares of the firm's stock in a transaction on Wednesday, August 30th. The shares were sold on August 30th for an average price of $47.18. Following the completion of the transaction, the insider now owns 23,673 shares of the company's stock, valued at approximately $1,116,892.14. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.70% of the company's stock. OppenheimerFunds Inc. now owns 11,816 shares of the company's stock worth $715,000 after purchasing an additional 429 shares during the period. Independent Franchise Partners LLP now owns 5,285,536 shares of the company's stock worth $285,524,000 after buying an additional 33,969 shares during the period.

Third-quarter operating margin slid 8 points to 2 percent, hurt partly by more sales of mid-priced cruiser motorcycles.

The company has been investing to attract new buyers and Chief Executive Matthew Levatich said on Tuesday that initiatives such as courses to teach motorcycling were starting to pay off. If you are viewing this news story on another website, it was illegally stolen and reposted in violation of USA & global trademark & copyright law. The Firm operates in two divisions: the Motorcycles & Related Products (Motorcycles) and the Financial Services.

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 Motorcycles segment consists of HDMC, which designs, manufactures and sells at wholesale on-road Harley-Davidson motorcycles, as well as motorcycle parts, accessories, general merchandise and related services. Finally, Vanguard Group Inc. grew its position in shares of Harley-Davidson by 3.2% during the first quarter.

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