Polaris Inds INC (PII) Shareholder Arrowpoint Asset Management LLC Has Lowered Its Holding by $5.96 Million

Polaris Inc. (NYSE:PII) LogoInvestors sentiment decreased to 1.15 in 2019 Q2. Its down 0.18, from 1.33 in 2019Q1. It fall, as 33 investors sold PII shares while 109 reduced holdings. 58 funds opened positions while 105 raised stakes. 45.26 million shares or 3.73% less from 47.02 million shares in 2019Q1 were reported. Northwestern Mutual Wealth Mngmt reported 0% in Polaris Inc. (NYSE:PII). Piedmont Inv Advsrs Incorporated owns 9,351 shares for 0.03% of their portfolio. Hsbc Pcl stated it has 28,329 shares or 0% of all its holdings. Principal Fin Incorporated owns 256,397 shares. British Columbia Investment holds 11,207 shares or 0.01% of its portfolio. Livforsakringsbolaget Skandia Omsesidigt, Sweden-based fund reported 488 shares. S&T National Bank & Trust Pa reported 1.56% in Polaris Inc. (NYSE:PII). Moreover, State Teachers Retirement Systems has 0.02% invested in Polaris Inc. (NYSE:PII) for 74,897 shares. State Of Wisconsin Board accumulated 162,229 shares or 0.04% of the stock. Moreover, Td Asset Mngmt has 0% invested in Polaris Inc. (NYSE:PII). Rice Hall James And Ltd Limited Liability Company invested in 53,531 shares or 0.16% of the stock. Arizona State Retirement Sys reported 0.04% of its portfolio in Polaris Inc. (NYSE:PII). Quantitative Invest Mngmt Limited Liability Company holds 0.09% in Polaris Inc. (NYSE:PII) or 24,555 shares. Spark Investment Mgmt Limited Liability has 13,900 shares for 0.09% of their portfolio. Bb&T Llc owns 0.01% invested in Polaris Inc. (NYSE:PII) for 10,081 shares.

Arrowpoint Asset Management Llc decreased its stake in Polaris Inds Inc (PII) by 5% based on its latest 2019Q2 regulatory filing with the SEC. Arrowpoint Asset Management Llc sold 65,524 shares as the company’s stock declined 3.35% . The institutional investor held 1.24M shares of the industrial specialties company at the end of 2019Q2, valued at $113.54M, down from 1.31M at the end of the previous reported quarter. Arrowpoint Asset Management Llc who had been investing in Polaris Inds Inc for a number of months, seems to be less bullish one the $5.57B market cap company. The stock increased 1.23% or $1.11 during the last trading session, reaching $91.17. About 413,667 shares traded. Polaris Inc. (NYSE:PII) has declined 8.74% since September 13, 2018 and is downtrending. It has underperformed by 8.74% the S&P500.

Arrowpoint Asset Management Llc, which manages about $5.56B and $10.40B US Long portfolio, upped its stake in Heron Therapeutics Inc (NASDAQ:HRTX) by 1.24 million shares to 3.91 million shares, valued at $72.62M in 2019Q2, according to the filing. It also increased its holding in Presidio Inc by 287,917 shares in the quarter, for a total of 7.99M shares, and has risen its stake in Axogen Inc (NASDAQ:AXGN).

Analysts await Polaris Inc. (NYSE:PII) to report earnings on October, 28. They expect $1.57 EPS, down 15.59 % or $0.29 from last year’s $1.86 per share. PII’s profit will be $95.97 million for 14.52 P/E if the $1.57 EPS becomes a reality. After $1.73 actual EPS reported by Polaris Inc. for the previous quarter, Wall Street now forecasts -9.25 % negative EPS growth.

More notable recent Polaris Inc. (NYSE:PII) news were published by: Investorplace.com which released: “10 Mid-Cap Dividend Stocks to Buy Now – Investorplace.com” on August 21, 2019, also Finance.Yahoo.com with their article: “Those Who Purchased Polaris (NYSE:PII) Shares Five Years Ago Have A 42% Loss To Show For It – Yahoo Finance” published on September 10, 2019, Streetinsider.com published: “Polaris Industries (PII) Channel Checks Point to LSD/MSD Growth – KeyBanc – StreetInsider.com” on September 03, 2019. More interesting news about Polaris Inc. (NYSE:PII) were released by: Business.Financialpost.com and their article: “Polaris Announces Grand Opening of Distribution Center in Nevada – Financial Post” published on August 28, 2019 as well as Streetinsider.com‘s news article titled: “Polaris (PII) Article in NYT is Mainly Based on Past Events, Quality/Recalls in Piece Are Behind, May Re-Stoke Reputational Harm – Bloomberg, Citing Suntrust – StreetInsider.com” with publication date: September 06, 2019.

Polaris Inc. (NYSE:PII) Ratings Coverage

Among 7 analysts covering Polaris Industries (NYSE:PII), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Polaris Industries has $125 highest and $9900 lowest target. $113.14’s average target is 24.10% above currents $91.17 stock price. Polaris Industries had 13 analyst reports since March 22, 2019 according to SRatingsIntel. Raymond James maintained Polaris Inc. (NYSE:PII) on Wednesday, July 24 with “Strong Buy” rating. Citigroup maintained the stock with “Buy” rating in Wednesday, May 8 report. The firm has “Outperform” rating by Wedbush given on Thursday, May 2. The stock of Polaris Inc. (NYSE:PII) earned “Overweight” rating by KeyBanc Capital Markets on Monday, April 8. The company was maintained on Wednesday, April 24 by Wells Fargo. BMO Capital Markets upgraded the stock to “Outperform” rating in Tuesday, May 21 report.

Polaris Inc. (NYSE:PII) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.