Harley-Davidson to consolidate Kansas City plant to Springettsbury Township plant

Harley-Davison to consolidate Kansas City assembly plant to York County facility

Harley-Davidson to Consolidate US Plant as Sales Decline Continues

One of those brands is Indian's most direct competitor, Harley-Davidson. The stock experienced -8.05% slump, arriving at $50.84 on 01/30/2018.

LiveWire only had a range of 50 miles, but Harley-Davidson is on record as already stating its customers wouldn't accept a range of less than 100 miles, and that it wouldn't be building such a machine until it could match or exceed those expectations.

Harley-Davidson cut 200 US manufacturing jobs in September of 2016. The company's revenues for Q4 2017 stood at $1.23 billion, higher than consensus estimates.

HDFS originated $495.1 million in motorcycle loans - down 0.3% year over year - in the fourth quarter. Harley-Davidson's revenue was up 12.2% on a year-over-year basis.

Harley-Davidson (NYSE:HOG) has insider ownership of 0.70% and institutional ownership of 97.45%. He said there were 32,000 more Harley riders at the end of 2017 than there were at the end of 2016.

Harley-Davidson has struggled to attract younger buyers as its target market ages.

Among 25 analysts covering Harley-Davidson (NYSE:HOG), 6 have Buy rating, 2 Sell and 17 Hold. "The stock market has smashed one record after another". Three investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and six have assigned a buy rating to the company.

So, while we wait to see what, exactly, Harley has been working on these past five years or so, let us know what it would take to turn you on to a battery-powered hog.

Several institutional investors have recently made changes to their positions in the company.

On 8/31/2016 Harley-Davidson announced a quarterly dividend of $0.35 2.66% with an ex dividend date of 9/9/2016 which will be payable on 9/23/2016. Profund Advisors LLC grew its stake in shares of Harley-Davidson by 29.5% in the second quarter. He also said they expect approximately 800 jobs will be eliminated with the closure of the Kansas City plant, and 450 jobs will be added in York by 2019. Mackenzie Financial Corp now owns 574,565 shares of the company's stock valued at $27,700,000 after acquiring an additional 266,500 shares in the last quarter.

Despite the past success, investors want to know where the stock is headed from here. Your motorcycles have carried American servicemembers in the war-in the wars.

"The decision to consolidate our final assembly plants was made after very careful consideration of our manufacturing footprint and the appropriate capacity given the current business environment", said Matt Levatich, Harley-Davidson's president and chief executive officer, in a statement.

Latest News