Capital Investment Services of America Inc. decreased its stake in shares of Polaris Industries Inc. (NYSE:PII) by 0.6% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 81,075 shares of the company’s stock after selling 500 shares during the period. Capital Investment Services of America Inc. owned about 0.13% of Polaris Industries worth $7,478,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Ffcm LLC raised its stake in Polaris Industries by 4.3% in the first quarter. Ffcm LLC now owns 1,330 shares of the company’s stock valued at $112,000 after buying an additional 55 shares in the last quarter. NEXT Financial Group Inc raised its stake in Polaris Industries by 1,315.0% in the first quarter. NEXT Financial Group Inc now owns 1,415 shares of the company’s stock valued at $121,000 after buying an additional 1,315 shares in the last quarter. Mn Services Vermogensbeheer B.V. raised its stake in Polaris Industries by 4.5% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 1,627 shares of the company’s stock valued at $127,000 after buying an additional 70 shares in the last quarter. Mosaic Family Wealth LLC increased its stake in Polaris Industries by 4.1% in the first quarter. Mosaic Family Wealth LLC now owns 1,592 shares of the company’s stock valued at $133,000 after buying an additional 63 shares during the period. Finally, Daiwa Securities Group Inc. increased its stake in Polaris Industries by 20.0% in the first quarter. Daiwa Securities Group Inc. now owns 1,800 shares of the company’s stock valued at $151,000 after buying an additional 300 shares during the period. Institutional investors own 93.85% of the company’s stock.

Shares of Polaris Industries Inc. (NYSE PII) traded down 2.18% during trading on Monday, reaching $91.06. The company had a trading volume of 664,117 shares. Polaris Industries Inc. has a 52 week low of $70.14 and a 52 week high of $99.00. The stock’s 50-day moving average price is $87.42 and its 200-day moving average price is $85.47. The company has a market capitalization of $5.74 billion, a PE ratio of 36.13 and a beta of 1.32.

Polaris Industries (NYSE:PII) last posted its quarterly earnings data on Tuesday, April 25th. The company reported $0.75 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.70 by $0.05. Polaris Industries had a return on equity of 25.64% and a net margin of 3.48%. The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same period in the previous year, the business earned $0.71 EPS. Polaris Industries’s quarterly revenue was up 17.4% on a year-over-year basis. On average, equities analysts expect that Polaris Industries Inc. will post $4.43 EPS for the current fiscal year.

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PII has been the topic of several analyst reports. Northcoast Research reissued a “hold” rating on shares of Polaris Industries in a report on Monday, March 27th. Zacks Investment Research raised Polaris Industries from a “strong sell” rating to a “hold” rating in a report on Saturday, April 15th. B. Riley reissued a “neutral” rating and issued a $82.00 target price on shares of Polaris Industries in a report on Friday, April 21st. BMO Capital Markets reissued a “buy” rating and issued a $100.00 target price on shares of Polaris Industries in a report on Thursday, April 27th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $82.00 target price (up from $81.00) on shares of Polaris Industries in a report on Saturday, April 29th. One investment analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and four have given a buy rating to the company’s stock. Polaris Industries has a consensus rating of “Hold” and a consensus price target of $84.14.

In related news, Director Gwenne A. Henricks bought 1,200 shares of the stock in a transaction dated Friday, May 12th. The shares were acquired at an average cost of $92.27 per share, for a total transaction of $110,724.00. Following the acquisition, the director now directly owns 1,200 shares in the company, valued at approximately $110,724. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Michael T. Speetzen sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, April 27th. The stock was sold at an average price of $84.07, for a total value of $420,350.00. Following the transaction, the executive vice president now owns 10,333 shares in the company, valued at $868,695.31. The disclosure for this sale can be found here. Insiders own 2.20% of the company’s stock.

Polaris Industries Company Profile

Polaris Industries Inc designs, engineers and manufactures powersports vehicles, which include Off-Road Vehicles (ORV), including All-Terrain Vehicles (ATV) and side-by-side vehicles for recreational and utility use; Snowmobiles, Motorcycles and Global Adjacent Markets vehicles, including Work and Transportation and military vehicles.

Institutional Ownership by Quarter for Polaris Industries (NYSE:PII)

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