Polaris Industries Inc (NYSE:PII): Institutional Investor Sentiment Up to 1.33

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Sentiment for Polaris Industries Inc (NYSE:PII)

Polaris Industries Inc (NYSE:PII) institutional sentiment increased to 1.33 in 2019 Q1. Its up 0.72, from 0.61 in 2018Q4. The ratio is better, as 167 funds increased and started new holdings, while 126 sold and decreased stakes in Polaris Industries Inc. The funds in our partner’s database now hold: 47.02 million shares, down from 50.03 million shares in 2018Q4. Also, the number of funds holding Polaris Industries Inc in their top 10 holdings decreased from 3 to 2 for a decrease of 1. Sold All: 30 Reduced: 96 Increased: 115 New Position: 52.

Polaris Industries Inc. designs, engineers, makes, and markets power sports vehicles worldwide. The company has market cap of $5.21 billion. It operates through four divisions: Off-Road Vehicles /Snowmobiles, Motorcycles, Global Adjacent Markets, and Other. It has a 16.12 P/E ratio. The firm provides ORVs, including all-terrain vehicles and side-by-side vehicles for recreational, military, and utility use; snowmobiles and technical riding gears; three-wheel motorcycles; and low emission, light duty hauling, passenger, commercial, and industrial vehicles.

The stock decreased 0.33% or $0.28 during the last trading session, reaching $83.72. About 336,668 shares traded. Polaris Industries Inc. (NYSE:PII) has declined 16.95% since July 12, 2018 and is downtrending. It has underperformed by 21.38% the S&P500.

Analysts await Polaris Industries Inc. (NYSE:PII) to report earnings on July, 23 before the open. They expect $1.66 EPS, down 6.21 % or $0.11 from last year’s $1.77 per share. PII’s profit will be $103.36M for 12.61 P/E if the $1.66 EPS becomes a reality. After $1.08 actual EPS reported by Polaris Industries Inc. for the previous quarter, Wall Street now forecasts 53.70 % EPS growth.

Matthew 25 Management Corp holds 6.93% of its portfolio in Polaris Industries Inc. for 220,000 shares. Southernsun Asset Management Llc owns 579,920 shares or 3.51% of their US portfolio. Moreover, Cincinnati Specialty Underwriters Insurance Co has 2.75% invested in the company for 51,746 shares. The Ohio-based Cincinnati Financial Corp has invested 2.66% in the stock. Confluence Investment Management Llc, a Missouri-based fund reported 1.15 million shares.

Since January 1, 0001, it had 1 buying transaction, and 0 insider sales for $99,660 activity.

Polaris Industries Inc. (NYSE:PII) Ratings Coverage

Ratings analysis reveals 100% of Polaris Industries’s analysts are positive. Out of 6 Wall Street analysts rating Polaris Industries, 6 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $9900 while the high is $125. The stock’s average target of $114 is 36.17% above today’s ($83.72) share price. PII was included in 11 notes of analysts from March 22, 2019. As per Wednesday, May 8, the company rating was maintained by Citigroup. Wells Fargo maintained Polaris Industries Inc. (NYSE:PII) on Wednesday, April 24 with “Outperform” rating. The rating was upgraded by Wedbush on Thursday, May 2 to “Outperform”. BMO Capital Markets upgraded it to “Outperform” rating and $9900 target in Tuesday, May 21 report. The rating was upgraded by KeyBanc Capital Markets on Monday, April 8 to “Overweight”.

More notable recent Polaris Industries Inc. (NYSE:PII) news were published by: Seekingalpha.com which released: “Polaris down 4% post Q4 results – Seeking Alpha” on January 29, 2019, also Benzinga.com with their article: “Polaris Has Favorable Risk-Reward, KeyBanc Says In Upgrade – Benzinga” published on April 08, 2019, Bizjournals.com published: “Snowmobile sales lift Polaris; company bumps 2019 outlook – Minneapolis / St. Paul Business Journal” on April 23, 2019. More interesting news about Polaris Industries Inc. (NYSE:PII) were released by: Finance.Yahoo.com and their article: “Is Polaris Industries Inc.’s (NYSE:PII) CEO Paid At A Competitive Rate? – Yahoo Finance” published on July 02, 2019 as well as Businesswire.com‘s news article titled: “Polaris Schedules Second Quarter 2019 Earnings Release and Conference Call – Business Wire” with publication date: June 18, 2019.

Polaris Industries Inc. (NYSE:PII) Institutional Positions Chart

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