Polaris Inc. (NYSE:PII) Position Raised by Hunter Perkins Capital Management LLC

Hunter Perkins Capital Management LLC raised its position in shares of Polaris Inc. (NYSE:PII) by 33.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 86,249 shares of the company’s stock after buying an additional 21,508 shares during the period. Hunter Perkins Capital Management LLC’s holdings in Polaris were worth $4,970,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of PII. Venturi Wealth Management LLC boosted its stake in Polaris by 534.5% during the third quarter. Venturi Wealth Management LLC now owns 349 shares of the company’s stock valued at $29,000 after buying an additional 294 shares in the last quarter. Blue Trust Inc. boosted its position in shares of Polaris by 2,431.3% during the 3rd quarter. Blue Trust Inc. now owns 405 shares of the company’s stock valued at $32,000 after purchasing an additional 389 shares in the last quarter. Quarry LP grew its stake in shares of Polaris by 187.4% in the 3rd quarter. Quarry LP now owns 388 shares of the company’s stock worth $32,000 after purchasing an additional 253 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Polaris by 232.6% in the 4th quarter. GAMMA Investing LLC now owns 968 shares of the company’s stock worth $56,000 after purchasing an additional 677 shares during the last quarter. Finally, National Bank of Canada FI raised its holdings in shares of Polaris by 19.9% in the 3rd quarter. National Bank of Canada FI now owns 1,101 shares of the company’s stock worth $92,000 after purchasing an additional 183 shares in the last quarter. 88.06% of the stock is currently owned by institutional investors and hedge funds.

Polaris Stock Down 0.8 %

Polaris stock opened at $53.80 on Monday. Polaris Inc. has a twelve month low of $52.62 and a twelve month high of $100.91. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.32 and a current ratio of 1.21. The firm has a market cap of $3.00 billion, a PE ratio of 15.03, a P/E/G ratio of 6.05 and a beta of 1.53. The firm’s 50 day moving average price is $60.62 and its two-hundred day moving average price is $72.84.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Roth Mkm decreased their price target on shares of Polaris from $76.00 to $57.00 and set a “neutral” rating on the stock in a research report on Friday. KeyCorp lowered Polaris from an “overweight” rating to a “sector weight” rating in a research note on Wednesday, January 8th. StockNews.com lowered Polaris from a “hold” rating to a “sell” rating in a research report on Wednesday, January 8th. DA Davidson dropped their price target on Polaris from $84.00 to $69.00 and set a “buy” rating on the stock in a research note on Friday, January 17th. Finally, Citigroup reduced their price objective on shares of Polaris from $73.00 to $57.00 and set a “neutral” rating for the company in a research note on Thursday. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $73.45.

About Polaris

Polaris Inc designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats.