Harley-Davidson VP Paul J. Jones Sells 30,000 Shares (HOG)
Harley-Davidson (NYSE:HOG) VP Paul J. Jones sold 30,000 shares of Harley-Davidson stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $64.87, for a total value of $1,946,100.00. Following the transaction, the vice president now directly owns 3,554 shares of the company’s stock, valued at approximately $230,548. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Harley-Davidson in a research note to investors on Tuesday, February 4th. They now have a $66.00 price target on the stock. Separately, analysts at Barclays raised their price target on shares of Harley-Davidson from $63.00 to $70.00 in a research note to investors on Monday, February 3rd. They now have an “overweight” rating on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Harley-Davidson from $63.00 to $69.00 in a research note to investors on Friday, January 31st. They now have a “hold” rating on the stock. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $67.83.
Harley-Davidson (NYSE:HOG) traded down 0.60% on Monday, hitting $64.59. The stock had a trading volume of 993,355 shares. Harley-Davidson has a 52-week low of $49.15 and a 52-week high of $70.04. The stock’s 50-day moving average is $66.72 and its 200-day moving average is $64.34. The company has a market cap of $14.245 billion and a P/E ratio of 19.81.
Harley-Davidson (NYSE:HOG) last released its earnings data on Thursday, January 30th. The company reported $0.34 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.34. The company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.04 billion. Analysts expect that Harley-Davidson will post $3.88 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, March 7th. Stockholders of record on Wednesday, February 19th will be paid a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a dividend yield of 1.70%. The ex-dividend date is Friday, February 14th. This is a boost from Harley-Davidson’s previous quarterly dividend of $0.21.
Harley-Davidson, Inc produces heavyweight cruiser and touring motorcycles. HDFS provides wholesale and retail financing and insurance programs primarily to Harley-Davidson dealers and customers.
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