Public Employees Retirement System of Ohio maintained its position in Polaris Industries Inc. (NYSE:PII) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,377 shares of the company’s stock at the end of the first quarter. Public Employees Retirement System of Ohio’s holdings in Polaris Industries were worth $1,875,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Dimensional Fund Advisors LP increased its position in Polaris Industries by 35.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 285,885 shares of the company’s stock valued at $23,553,000 after buying an additional 74,829 shares during the last quarter. Thrivent Financial for Lutherans increased its position in Polaris Industries by 9.8% in the fourth quarter. Thrivent Financial for Lutherans now owns 10,240 shares of the company’s stock valued at $844,000 after buying an additional 910 shares during the last quarter. Quadrature Capital Ltd acquired a new position in Polaris Industries during the fourth quarter valued at approximately $807,000. Teachers Advisors LLC increased its position in Polaris Industries by 6.1% in the fourth quarter. Teachers Advisors LLC now owns 54,028 shares of the company’s stock valued at $4,451,000 after buying an additional 3,095 shares during the last quarter. Finally, Macquarie Group Ltd. increased its position in Polaris Industries by 150.0% in the fourth quarter. Macquarie Group Ltd. now owns 3,500 shares of the company’s stock valued at $288,000 after buying an additional 2,100 shares during the last quarter. 93.65% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Polaris Industries Inc. (NYSE:PII) traded up 0.50% on Friday, reaching $89.32. 511,738 shares of the company’s stock were exchanged. The firm’s 50-day moving average price is $90.40 and its 200 day moving average price is $87.01. Polaris Industries Inc. has a 12 month low of $70.14 and a 12 month high of $99.16. The company has a market cap of $5.59 billion, a price-to-earnings ratio of 37.36 and a beta of 1.31.

Polaris Industries (NYSE:PII) last announced its quarterly earnings results on Thursday, July 20th. The company reported $1.16 EPS for the quarter, beating the Zacks’ consensus estimate of $1.08 by $0.08. Polaris Industries had a net margin of 3.13% and a return on equity of 26.47%. The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.26 billion. During the same quarter in the prior year, the business earned $1.09 EPS. Polaris Industries’s quarterly revenue was up 20.7% on a year-over-year basis. Equities research analysts predict that Polaris Industries Inc. will post $4.47 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, September 1st will be given a dividend of $0.58 per share. The ex-dividend date is Wednesday, August 30th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.60%. Polaris Industries’s payout ratio is presently 97.07%.

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Several equities analysts have commented on PII shares. B. Riley reissued a “neutral” rating and set a $82.00 target price on shares of Polaris Industries in a research report on Friday, April 21st. BMO Capital Markets reaffirmed a “buy” rating and issued a $100.00 price target on shares of Polaris Industries in a research report on Thursday, April 27th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $82.00 price target (up from $81.00) on shares of Polaris Industries in a research report on Saturday, April 29th. Wedbush reaffirmed a “neutral” rating and issued a $75.00 price target on shares of Polaris Industries in a research report on Tuesday, June 6th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $79.00 price target on shares of Polaris Industries in a research report on Friday, June 9th. Two research analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have given a buy rating to the stock. Polaris Industries has a consensus rating of “Hold” and a consensus price target of $88.13.

About Polaris Industries

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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