Harley-Davidson VP Sells $195,056 in Stock (HOG)
Harley-Davidson (NYSE:HOG) VP Tonit M. Calaway sold 3,026 shares of the company’s stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $64.46, for a total value of $195,055.96. Following the sale, the vice president now directly owns 3,298 shares of the company’s stock, valued at approximately $212,589. The transaction was disclosed in a document filed with the SEC, which is available at 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 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 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 on Friday, January 31st. They now have a “hold” rating on the stock. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $67.83.
Harley-Davidson (NYSE:HOG) opened at 64.98 on Tuesday. 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 $66.15 and its 200-day moving average is $64.63. The company has a market cap of $14.331 billion and a price-to-earnings ratio of 19.81.
Harley-Davidson (NYSE:HOG) last posted its quarterly earnings results on Thursday, January 30th. The company reported $0.34 earnings per share for the quarter, meeting the analysts’ 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 declared a quarterly dividend, which is scheduled for Friday, March 7th. Shareholders of record on Wednesday, February 19th will be given a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date of this dividend is Friday, February 14th. This is a positive change 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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