Polaris Industries (PII) : Dumont Blake Investment Advisors reduced its stake in Polaris Industries by 1.92% during the most recent quarter end. The investment management company now holds a total of 7,650 shares of Polaris Industries which is valued at $769,208 after selling 150 shares in Polaris Industries , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.Polaris Industries makes up approximately 0.39% of Dumont Blake Investment Advisors’s portfolio.
Polaris Industries closed down -0.34 points or -0.34% at $100.69 with 7,54,720 shares getting traded on Wednesday. Post opening the session at $101.33, the shares hit an intraday low of $99.86 and an intraday high of $101.79 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Other Hedge Funds, Including , Jnba Financial Advisors boosted its stake in PII in the latest quarter, The investment management firm added 650 additional shares and now holds a total of 2,100 shares of Polaris Industries which is valued at $211,155. Polaris Industries makes up approx 0.07% of Jnba Financial Advisors’s portfolio.British Columbia Investment Management Corp reduced its stake in PII by selling 12,079 shares or 41.8% in the most recent quarter. The Hedge Fund company now holds 16,815 shares of PII which is valued at $1,557,742. Polaris Industries makes up approx 0.01% of British Columbia Investment Management Corp’s portfolio. Proficio Capital Partners added PII to its portfolio by purchasing 11 company shares during the most recent quarter which is valued at $1,019.
On the company’s financial health, Polaris Industries reported $0.71 EPS for the quarter, based on the information available during the earnings call on Apr 21, 2016. Analyst had a consensus estimate of $0.71. The company had revenue of $983.00 million for the quarter, compared to analysts expectations of $966.43 million. The company’s revenue was down -4.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.30 EPS.
Many Wall Street Analysts have commented on Polaris Industries. Company shares were Reiterated by RBC Capital Mkts on Apr 22, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 97 from a previous price target of $93 .Polaris Industries was Downgraded by Stifel to ” Hold” on Apr 14, 2016. Lake Street Initiated Polaris Industries on Mar 15, 2016 to “Buy”, Price Target of the shares are set at $121.
Polaris Industries Inc. (Polaris) designs engineers and manufactures off-road vehicles (ORV) including all-terrain vehicles (ATV) and side-by-side vehicles for recreational and utility use snowmobiles motorcycles and small vehicles (SV). These products are sold through dealers and distributors located in the United States Canada and Europe. The Company’s ORVs include core ATVs and RANGER and RZR side-by-side vehicles. The Company produces a range of snowmobiles consisting of 32 models ranging from youth models to utility and economy models to performance and competition models. Polaris’ Motorcycles division consists of Victory Indian motorcycles and three-wheel roadster motorcycle Slingshot. The Company offer products in the light-duty hauling people mover and urban/suburban commuting sub-sectors of the small vehicles industry. The Company produces or supplies a range of replacement parts and accessories for its product lines.