Duncker Streett & Co. Inc. cut its position in Polaris Industries Inc. (NYSE:PII) by 31.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 8,494 shares of the company’s stock after selling 3,966 shares during the quarter. Duncker Streett & Co. Inc.’s holdings in Polaris Industries were worth $1,053,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. HighPoint Advisor Group LLC acquired a new position in Polaris Industries in the 3rd quarter valued at $230,000. TD Asset Management Inc. acquired a new position in Polaris Industries in the 3rd quarter valued at $222,000. Toronto Dominion Bank grew its stake in Polaris Industries by 244.3% in the 3rd quarter. Toronto Dominion Bank now owns 2,527 shares of the company’s stock valued at $264,000 after buying an additional 1,793 shares during the last quarter. Quantbot Technologies LP acquired a new position in Polaris Industries in the 2nd quarter valued at $243,000. Finally, Advisory Services Network LLC grew its stake in Polaris Industries by 7.0% in the 2nd quarter. Advisory Services Network LLC now owns 2,952 shares of the company’s stock valued at $272,000 after buying an additional 193 shares during the last quarter. Institutional investors and hedge funds own 90.90% of the company’s stock.

In other news, insider Stephen L. Eastman sold 1,500 shares of the firm’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $127.72, for a total transaction of $191,580.00. Following the completion of the transaction, the insider now directly owns 8,846 shares of the company’s stock, valued at approximately $1,129,811.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Stacy L. Bogart sold 20,000 shares of Polaris Industries stock in a transaction dated Thursday, October 26th. The shares were sold at an average price of $122.05, for a total transaction of $2,441,000.00. Following the transaction, the senior vice president now directly owns 30,975 shares of the company’s stock, valued at $3,780,498.75. The disclosure for this sale can be found here. Insiders have sold a total of 58,102 shares of company stock valued at $7,174,301 over the last ninety days. 2.20% of the stock is owned by insiders.

A number of research analysts recently issued reports on the stock. Royal Bank of Canada upgraded shares of Polaris Industries from an “underperform” rating to a “sector perform” rating and set a $127.00 target price on the stock in a research note on Monday. B. Riley set a $91.00 target price on shares of Polaris Industries and gave the company a “hold” rating in a research note on Monday, October 23rd. Zacks Investment Research upgraded shares of Polaris Industries from a “hold” rating to a “buy” rating and set a $117.00 target price on the stock in a research note on Friday, September 29th. Northcoast Research reiterated a “neutral” rating on shares of Polaris Industries in a research note on Friday, October 6th. Finally, Wells Fargo & Co reissued a “market perform” rating and issued a $115.00 price target (up from $93.00) on shares of Polaris Industries in a report on Wednesday, October 25th. Sixteen investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $108.31.

Polaris Industries Inc. (NYSE PII) traded down $0.86 during trading hours on Tuesday, hitting $133.84. 651,400 shares of the stock were exchanged, compared to its average volume of 544,250. The company has a market cap of $8,370.00, a P/E ratio of 42.09, a price-to-earnings-growth ratio of 1.57 and a beta of 1.40. Polaris Industries Inc. has a one year low of $77.91 and a one year high of $136.55. The company has a quick ratio of 0.34, a current ratio of 1.04 and a debt-to-equity ratio of 1.00.

Polaris Industries (NYSE:PII) last released its quarterly earnings data on Tuesday, October 24th. The company reported $1.46 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.24. The company had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.40 billion. Polaris Industries had a net margin of 3.90% and a return on equity of 33.81%. The firm’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same period last year, the firm earned $0.50 EPS. equities research analysts predict that Polaris Industries Inc. will post 4.85 earnings per share for the current fiscal year.

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Polaris Industries 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.

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

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