Independent Franchise Partners Llp Decreased Its Harley Davidson INC (HOG) Position as Stock Declined

June 20, 2017 - By Maria Brooks

Investors sentiment increased to 0.8 in 2016 Q4. Its up 0.01, from 0.79 in 2016Q3. It improved, as 45 investors sold HOG shares while 176 reduced holdings. 56 funds opened positions while 121 raised stakes. 151.02 million shares or 4.85% less from 158.72 million shares in 2016Q3 were reported. Moreover, Fjarde Ap has 0.05% invested in Harley-Davidson Inc (NYSE:HOG) for 39,114 shares. Earnest Prns Ltd Liability Corporation stated it has 84 shares or 0% of all its holdings. Blackrock Investment Ltd has 0.03% invested in Harley-Davidson Inc (NYSE:HOG). Citigroup invested in 0% or 38,008 shares. The Wyoming-based Cypress Mngmt Ltd Company (Wy) has invested 0% in Harley-Davidson Inc (NYSE:HOG). Bnp Paribas Investment Prtn Sa holds 10,046 shares. First Business reported 8,800 shares stake. Cibc Ww Mkts Corp stated it has 0.01% of its portfolio in Harley-Davidson Inc (NYSE:HOG). First Interstate National Bank & Trust owns 100 shares for 0% of their portfolio. Tradewinds Cap Ltd Liability owns 525 shares. Korea Invest Corporation stated it has 0.05% of its portfolio in Harley-Davidson Inc (NYSE:HOG). Alexandria Cap Lc holds 0.01% or 600 shares in its portfolio. Wellington Gru Limited Liability Partnership accumulated 3.34M shares. North Carolina-based Carroll Fin Assoc has invested 0% in Harley-Davidson Inc (NYSE:HOG). Oppenheimer And Com Inc invested 0.01% of its portfolio in Harley-Davidson Inc (NYSE:HOG).

Since February 6, 2017, it had 1 insider purchase, and 6 selling transactions for $6.19 million activity. On Tuesday, February 14 the insider Rocker Tchernavia sold $78,696. 911 Harley-Davidson Inc (NYSE:HOG) shares with value of $51,927 were sold by BISCHMANN JOANNE M. Kumbier Michelle sold 3,049 shares worth $172,464. Jones Paul J sold $195,134 worth of stock. JAMES DONALD A also sold $5.69 million worth of Harley-Davidson Inc (NYSE:HOG) on Friday, February 10.

Independent Franchise Partners Llp decreased its stake in Harley Davidson Inc (HOG) by 35.47% based on its latest 2016Q4 regulatory filing with the SEC. Independent Franchise Partners Llp sold 3.10 million shares as the company’s stock declined 7.57% while stock markets rallied. The institutional investor held 5.64 million shares of the consumer non-durables company at the end of 2016Q4, valued at $329.22 million, down from 8.75 million at the end of the previous reported quarter. Independent Franchise Partners Llp who had been investing in Harley Davidson Inc for a number of months, seems to be less bullish one the $9.75B market cap company. The stock rose 0.52% or $0.29 reaching $55.74. About 361,579 shares traded. Harley-Davidson Inc (NYSE:HOG) has risen 20.11% since June 20, 2016 and is uptrending. It has outperformed by 3.41% the S&P500.

Independent Franchise Partners Llp, which manages about $13.30 billion and $9.96B US Long portfolio, upped its stake in S&P Global Inc by 32,096 shares to 5.05 million shares, valued at $543.57M in 2016Q4, according to the filing. It also increased its holding in Monsanto Co New (NYSE:MON) by 29,986 shares in the quarter, for a total of 4.16 million shares, and has risen its stake in Oracle Corp (NYSE:ORCL).

Analysts expect Harley-Davidson Inc (NYSE:HOG) to report $1.39 EPS on July, 27.They anticipate $0.16 EPS change or 10.32 % from last quarter’s $1.55 EPS. HOG’s profit would be $243.05M giving it 10.03 P/E if the $1.39 EPS is correct. After having $1.05 EPS previously, Harley-Davidson Inc’s analysts see 32.38 % EPS growth.

More important recent Harley-Davidson Inc (NYSE:HOG) news were published by: Nasdaq.com which released: “Harley-Davidson, Inc. (HOG) Ex-Dividend Date Scheduled for May 23, 2017” on May 22, 2017, also Marketwatch.com published article titled: “Harley-Davidson is recalling 57000 motorcycles”, Jsonline.com published: “Steelworkers, machinists upset with Harley-Davidson about plans for Thailand plant” on May 23, 2017. More interesting news about Harley-Davidson Inc (NYSE:HOG) was released by: Bizjournals.com and their article: “​Harley-Davidson preparing recall of 57000 motorcycles” with publication date: June 02, 2017.

Harley-Davidson Inc (NYSE:HOG) Ratings Coverage

Among 22 analysts covering Harley-Davidson (NYSE:HOG), 4 have Buy rating, 0 Sell and 18 Hold. Therefore 18% are positive. Harley-Davidson had 59 analyst reports since July 22, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Sector Perform” rating and $43 target in Friday, January 29 report. The firm has “Sector Perform” rating by RBC Capital Markets given on Wednesday, October 21. BMO Capital Markets downgraded the shares of HOG in report on Wednesday, October 21 to “Market Perform” rating. The firm has “Buy” rating by Citigroup given on Monday, August 29. The rating was downgraded by UBS to “Neutral” on Wednesday, July 6. The stock of Harley-Davidson Inc (NYSE:HOG) has “Buy” rating given on Friday, April 21 by Tigress Financial. The rating was maintained by RBC Capital Markets on Wednesday, April 19 with “Sector Perform”. UBS maintained Harley-Davidson Inc (NYSE:HOG) rating on Friday, September 4. UBS has “Buy” rating and $62 target. As per Tuesday, November 15, the company rating was upgraded by RBC Capital Markets. Deutsche Bank maintained Harley-Davidson Inc (NYSE:HOG) on Wednesday, April 20 with “Hold” rating.

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