Polaris Inc. (NYSE:PII) Shares Bought by Hunter Perkins Capital Management LLC

Hunter Perkins Capital Management LLC grew its stake in Polaris Inc. (NYSE:PII) by 33.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 86,249 shares of the company’s stock after purchasing an additional 21,508 shares during the quarter. Hunter Perkins Capital Management LLC owned approximately 0.15% of Polaris worth $4,970,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. The Manufacturers Life Insurance Company raised its stake in Polaris by 3.2% during the third quarter. The Manufacturers Life Insurance Company now owns 2,262,990 shares of the company’s stock valued at $188,371,000 after buying an additional 69,844 shares in the last quarter. Confluence Investment Management LLC raised its position in shares of Polaris by 0.7% during the 3rd quarter. Confluence Investment Management LLC now owns 1,039,359 shares of the company’s stock valued at $86,516,000 after acquiring an additional 6,724 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Polaris by 44.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 555,410 shares of the company’s stock valued at $46,232,000 after acquiring an additional 171,366 shares in the last quarter. AQR Capital Management LLC lifted its stake in Polaris by 12.0% during the second quarter. AQR Capital Management LLC now owns 290,539 shares of the company’s stock worth $22,706,000 after purchasing an additional 31,081 shares during the last quarter. Finally, Systematic Financial Management LP boosted its holdings in Polaris by 9.9% in the third quarter. Systematic Financial Management LP now owns 229,565 shares of the company’s stock worth $19,109,000 after purchasing an additional 20,695 shares during the period. Institutional investors own 88.06% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Morgan Stanley restated an “equal weight” rating and issued a $60.00 price target (down from $81.00) on shares of Polaris in a research report on Tuesday, January 21st. DA Davidson cut their target price on shares of Polaris from $84.00 to $69.00 and set a “buy” rating on the stock in a report on Friday, January 17th. KeyCorp lowered Polaris from an “overweight” rating to a “sector weight” rating in a report on Wednesday, January 8th. Royal Bank of Canada cut their price target on Polaris from $82.00 to $73.00 and set a “sector perform” rating on the stock in a report on Wednesday, October 23rd. Finally, StockNews.com lowered Polaris from a “hold” rating to a “sell” rating in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $73.45.

Polaris Trading Down 0.8 %

NYSE:PII opened at $53.80 on Monday. The stock has a market cap of $3.00 billion, a price-to-earnings ratio of 15.03, a PEG ratio of 6.05 and a beta of 1.53. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.32 and a current ratio of 1.21. Polaris Inc. has a 1 year low of $52.62 and a 1 year high of $100.91. The business has a fifty day moving average of $60.62 and a 200-day moving average of $72.84.

Polaris Profile

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.