The Producers Life Insurance coverage Firm lowered its stake in Polaris Inc. (NYSE:PII – Get Score) by 9.5% in the course of the third quarter, in line with the corporate in its most up-to-date disclosure with the Securities and Change Fee. The agency owned 2,226,951 shares of the corporate’s inventory after promoting 233,345 shares in the course of the interval. The Producers Life Insurance coverage Firm owned roughly 3.84% of Polaris value $213,008,000 on the finish of the latest reporting interval.
Quite a lot of different institutional traders have additionally modified their holdings of the inventory. Quadrant Capital Group LLC boosted its stake in shares of Polaris by 47.8% within the second quarter. Quadrant Capital Group LLC now owns 306 shares of the corporate’s inventory valued at $30,000 after shopping for an extra 99 shares within the final quarter. CWM LLC boosted its stake in shares of Polaris by 15.7% within the second quarter. CWM LLC now owns 802 shares of the corporate’s inventory valued at $80,000 after shopping for an extra 109 shares within the final quarter. Texas Everlasting College Fund boosted its stake in shares of Polaris by 0.3% within the second quarter. Texas Everlasting College Fund now owns 40,554 shares of the corporate’s inventory valued at $4,026,000 after shopping for an extra 115 shares within the final quarter. Raymond James Belief N.A. boosted its stake in shares of Polaris by 2.5% within the second quarter. Raymond James Belief N.A. now owns 5,135 shares of the corporate’s inventory valued at $510,000 after shopping for an extra 125 shares within the final quarter. Lastly, Gateway Funding Advisers LLC boosted its stake in shares of Polaris by 0.5% within the second quarter. Gateway Funding Advisers LLC now owns 26,946 shares of the corporate’s inventory valued at $2,675,000 after shopping for an extra 128 shares within the final quarter. Institutional traders and hedge funds personal 86.57% of the corporate’s inventory.
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Analyst Rankings Adjustments
Quite a lot of analysts just lately weighed in on the corporate. Northcoast Analysis downgraded Polaris from a “purchase” score to a “impartial” score in a analysis observe on Friday, January thirteenth. Citigroup set a $112.00 goal worth on Polaris in a analysis report on Wednesday, November twenty third. StockNews.com upgraded Polaris from a “maintain” score to a “purchase” score in a analysis report on Friday, January sixth. DA Davidson decreased their goal worth on Polaris from $101.00 to $90.00 in a analysis report on Wednesday, October twenty sixth. Lastly, Robert W. Baird decreased their goal worth on Polaris from $130.00 to $120.00 and set an “outperform” score on the inventory in a analysis report on Thursday, October sixth. Eight equities analysis analysts have rated the inventory with a maintain score, three have given a purchase score and one has given a robust purchase score to the inventory. In accordance with information from MarketBeat.com, Polaris presently has a consensus score of “Maintain” and a median goal worth of $114.00.
Polaris Inventory Efficiency
NYSE PII opened at $102.07 on Friday. The inventory has a market cap of $5.92 billion, a price-to-earnings ratio of 18.36 and a beta of 1.54. The enterprise has a fifty day transferring common of $106.60 and a 200-day transferring common of $107.77. Polaris Inc. has a fifty-two week low of $91.86 and a fifty-two week excessive of $127.37. The corporate has a fast ratio of 0.41, a present ratio of 1.28 and a debt-to-equity ratio of 1.55.
Polaris (NYSE:PII – Get Score) final launched its earnings outcomes on Tuesday, October twenty fifth. The corporate reported $3.25 EPS for the quarter, beating the consensus estimate of $2.85 by $0.40. The agency had income of $2.34 billion in the course of the quarter, in comparison with analyst estimates of $2.19 billion. Polaris had a return on fairness of fifty.01% and a internet margin of three.97%. As a bunch, analysts predict that Polaris Inc. will publish 10.2 earnings per share for the present fiscal 12 months.
Polaris Proclaims Dividend
The agency additionally just lately introduced a quarterly dividend, which was paid on Thursday, December fifteenth. Buyers of file on Thursday, December 1st had been paid a $0.64 dividend. The ex-dividend date of this dividend was Wednesday, November thirtieth. This represents a $2.56 annualized dividend and a yield of two.51%. Polaris’s payout ratio is at the moment 46.04%.
Polaris Firm Profile
Polaris Inc designs, engineers, manufactures, and markets energy sports activities autos worldwide. It operates via three segments: Off-Highway, On-Highway and Marine. The corporate presents off-road autos (ORVs), together with all-terrain autos and side-by-side autos; snowmobiles and snow bikes conversion equipment techniques; bikes; and low emission, mild obligation hauling, passenger, and industrial autos.
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