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Janus Capital Management LLC Raises Stake in Harley-Davidson, Inc. (HOG)

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The popular motorcycle manufacturer is losing its appeal because the culture it is known for is now becoming old
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26 July, 2017

(NYSE:HOG) has been on a free fall - declining -13.53 percent in just three months. The stock had a trading volume of 2,747,881 shares. Harley-Davidson's quarterly revenue was down 5.6% compared to the same quarter a year ago.

Several other brokerages also recently issued reports on HOG. BlackRock Inc. boosted its position in shares of Harley-Davidson by 2,897.2% in the first quarter. FMR LLC now owns 575,566 shares of the company's stock worth $33,578,000 after buying an additional 402,811 shares in the last quarter. 10 Harley-Davidson Inc (NYSE:HOG) shares with value of $531 were bought by Alstead Troy. Vanguard Group Inc. now owns 17,416,731 shares of the company's stock worth $1,053,712,000 after buying an additional 534,966 shares during the period. Two Sigma Investments LP purchased a new stake in Harley-Davidson during the fourth quarter valued at $646,000. Morgan Stanley now owns 3,533,329 shares of the company's stock worth $213,767,000 after buying an additional 322,982 shares during the last quarter. Finally, AQR Capital Management LLC increased its position in shares of Harley-Davidson by 293.9% in the fourth quarter. LSV Asset Management now owns 4,004,414 shares of the company's stock worth $242,267,000 after buying an additional 80,843 shares during the last quarter. Mackenzie Financial Corp acquired 44,337 shares as Harley Davidson Inc (HOG)'s stock declined 7.57%. The stock increased 0.46% or $0.22 during the last trading session, reaching $48.48. Institutional investors own 84.94% of the company's stock.

Harley-Davidson, Inc. has a 8.54B market cap and its past year revenues were 5.65B. The firm's 50-day moving average is $53.21 and its 200-day moving average is $56.65. Jones Paul J also sold $195,134 worth of Harley-Davidson Inc (NYSE:HOG) shares. The company reported $1.48 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.38 by $0.10. The company had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.60 billion.

For a total return analysis, there is the 8.20% return on equity and the 30.50% return on assets to consider.

Mackenzie Financial Corp increased Harley Davidson Inc (HOG) stake by 11.66% reported in 2016Q4 SEC filing. During the same quarter past year, the company posted $1.55 earnings per share. On average, equities research analysts anticipate that Harley-Davidson will post $3.46 earnings per share for the current year.

04/18/2017 - Harley-Davidson, Inc. had its "buy" rating reiterated by analysts at Tigress Financial. If you are reading this news story on another website, it was illegally stolen and reposted in violation of U.S. and global copyright laws. The legal version of this news story can be accessed at https://www.themarketsdaily.com/2017/07/25/harley-davidson-inc-nysehog-stake-raised-by-manning-napier-advisors-llc.html. Royal Bank Of Canada lifted their price objective on Harley-Davidson from $58.00 to $60.00 and gave the company a "sector perform" rating in a research report on Wednesday, April 5th. Jefferies Group LLC reaffirmed a hold rating and issued a $49.00 target price on shares of Harley-Davidson in a report on Thursday, April 6th.

COPYRIGHT VIOLATION WARNING: "Longbow Research Reiterates "Neutral" Rating for Harley-Davidson, Inc".

On September 9 analysts at Bernstein issued its first research report on the stock with an initial rating of "Buy" and price target of $62.00. The median target of analyst views collected by Yahoo Finance was as much as $1.74 below HOG's recent stock price. The Company operates in two segments: the Motorcycles & Related Products (Motorcycles) and the Financial Services. 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. (NYSE:HOG), we can see that the 12 month volatility is presently 23.560100.


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