Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Is It Time To Hitch A Ride On Shares of Harley-Davidson Inc (HOG)?

Insider Monkey finished processing more than 700 13F filings made by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of September 30. What do these smart investors think about Harley-Davidson Inc (NYSE:HOG)?

Is Harley-Davidson Inc (NYSE:HOG) an attractive stock to buy now? The smart money is taking an optimistic view. The number of long hedge fund positions increased by 6 lately. The level and the change in hedge fund popularity aren’t the only variables you need to analyze to decipher hedge funds’ perspectives. A stock may witness a boost in popularity but it may still be less popular than similarly priced stocks. That’s why at the end of this article we will examine companies such as Regency Centers Corp (NYSE:REG), Coca-Cola Enterprises Inc (NYSE:CCE), and Aramark (NYSE:ARMK) to gather more data points.

Follow Harley Davidson Inc (NYSE:HOG)
Trade (NYSE:HOG) Now!

At Insider Monkey, we’ve developed an investment strategy that has delivered market-beating returns over the past 12 months. Our strategy identifies the 100 best-performing funds of the previous quarter from among the collection of 700+ successful funds that we track in our database, which we accomplish using our returns methodology. We then study the portfolios of those 100 funds using the latest 13F data to uncover the 30 most popular mid-cap stocks (market caps of between $1 billion and $10 billion) among them to hold until the next filing period. This strategy delivered 18% gains over the past 12 months, more than doubling the 8% returns enjoyed by the S&P 500 ETFs.

harley, helmet, vehicle,

Adriano Castelli / Shutterstock.com

What does the smart money think about Harley-Davidson Inc (NYSE:HOG)?

At Q3’s end, a total of 26 of the hedge funds tracked by Insider Monkey were long this stock, a boost of 30% from the second quarter of 2016, resulting in hedge fund ownership of HOG hitting a yearly high. With hedge funds’ capital changing hands, there exists an “upper tier” of noteworthy hedge fund managers who were increasing their stakes significantly (or already accumulated large positions).
hog
Of the funds tracked by Insider Monkey, Cantillon Capital Management, run by William von Mueffling, holds the most valuable position in Harley-Davidson Inc (NYSE:HOG). The fund reportedly has a $297.2 million position in the stock, comprising 4.2% of its 13F portfolio. Coming in second is Impala Asset Management, led by Robert Bishop, holding a $65.2 million position; the fund has 4.3% of its 13F portfolio invested in the stock. Other members of the smart money that are bullish consist of Daniel Bubis’ Tetrem Capital Management, Matthew Lindenbaum’s Basswood Capital, and Tom Gayner’s Markel Gayner Asset Management.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading...