2 hours Ago By ABMN Staff
NBC Securities Inc. lessened its stake in Polaris Inc. ( NYSE:PII – Free Report ) by 27.
3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 3,760 shares of the company’s stock after selling 1,415 shares during the quarter.
NBC Securities Inc.’s holdings in Polaris were worth $312,000 as of its most recent SEC filing. Other institutional investors and hedge funds have also made changes to their positions in the company.
New England Capital Financial Advisors LLC acquired a new stake in Polaris in the first quarter valued at approximately $25,000. Bessemer Group Inc. raised its holdings in shares of Polaris by 174.
1% in the 1st quarter. Bessemer Group Inc. now owns 370 shares of the company’s stock valued at $37,000 after purchasing an additional 235 shares in the last quarter.
Signaturefd LLC lifted its position in shares of Polaris by 1,931.3% during the 2nd quarter. Signaturefd LLC now owns 650 shares of the company’s stock worth $51,000 after purchasing an additional 618 shares during the last quarter.
Abich Financial Wealth Management LLC acquired a new position in shares of Polaris during the second quarter worth $57,000. Finally, National Bank of Canada FI increased its holdings in Polaris by 27.9% in the second quarter.
National Bank of Canada FI now owns 918 shares of the company’s stock valued at $69,000 after buying an additional 200 shares during the last quarter. 88.06% of the stock is owned by institutional investors and hedge funds.
Polaris Stock Down 0.1 % PII stock opened at $82.50 on Friday.
Polaris Inc. has a 12 month low of $71.90 and a 12 month high of $100.
91. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.
42 and a quick ratio of 0.40. The company has a market cap of $4.
60 billion, a price-to-earnings ratio of 14.45, a price-to-earnings-growth ratio of 7.22 and a beta of 1.
51. The company has a fifty day moving average price of $82.40 and a 200 day moving average price of $82.
62. Polaris Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Tuesday, September 3rd were issued a $0.
66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 3.
20%. The ex-dividend date of this dividend was Tuesday, September 3rd. Polaris’s payout ratio is currently 46.
23%. Analyst Ratings Changes A number of analysts have weighed in on PII shares. Longbow Research reaffirmed a “neutral” rating on shares of Polaris in a report on Wednesday, July 24th.
DA Davidson raised Polaris from a “neutral” rating to a “buy” rating and set a $87.00 target price on the stock in a research report on Thursday, July 25th. Truist Financial lowered their price target on Polaris from $92.
00 to $82.00 and set a “hold” rating for the company in a report on Monday, July 8th. Roth Mkm cut their price objective on shares of Polaris from $92.
00 to $79.00 and set a “neutral” rating on the stock in a report on Wednesday, July 24th. Finally, StockNews.
com upgraded shares of Polaris from a “sell” rating to a “hold” rating in a report on Tuesday, September 17th. Eight research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.
com, the stock has an average rating of “Hold” and an average price target of $89.18. Read Our Latest Report on Polaris Polaris Company Profile ( Free Report ) Polaris Inc designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally.
It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats. Featured Stories Want to see what other hedge funds are holding PII? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Polaris Inc. ( NYSE:PII – Free Report ). Receive News & Ratings for Polaris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polaris and related companies with MarketBeat.
com's FREE daily email newsletter ..
