RBC Capital Raises their Rating for Shares of Polaris Industries (NYSE:PII). Are Other Analysts Next?

January 23, 2018 - By Clifton Ray

  RBC Capital Raises their Rating for Shares of Polaris Industries (NYSE:PII). Are Other Analysts Next?

Investors sentiment decreased to 0.72 in 2017 Q3. Its down 0.49, from 1.21 in 2017Q2. It dropped, as 35 investors sold Polaris Industries Inc. shares while 152 reduced holdings. 46 funds opened positions while 89 raised stakes. 56.03 million shares or 4.63% less from 58.75 million shares in 2017Q2 were reported.

Nomura Holdings owns 5,285 shares. State Common Retirement Fund owns 138,900 shares for 0.02% of their portfolio. Ls Investment Limited Liability Com has invested 0.04% in Polaris Industries Inc. (NYSE:PII). Evercore Wealth Management Ltd Liability Com reported 581 shares. Hirtle Callaghan & holds 0% in Polaris Industries Inc. (NYSE:PII) or 112 shares. Johnson Fincl Grp reported 0% of its portfolio in Polaris Industries Inc. (NYSE:PII). Segall Bryant & Hamill Ltd accumulated 4,416 shares or 0.01% of the stock. Finemark Bankshares stated it has 0.02% in Polaris Industries Inc. (NYSE:PII). B T Cap Management Dba Alpha Cap Management owns 0.61% invested in Polaris Industries Inc. (NYSE:PII) for 12,345 shares. Fulton Bank Na owns 3,239 shares or 0.03% of their US portfolio. Louisiana State Employees Retirement Sys owns 15,500 shares or 0.08% of their US portfolio. Midas Mgmt Corp, a New York-based fund reported 22,800 shares. Security National Bank & Trust Of Sioux City Iowa Ia reported 7,872 shares or 0.81% of all its holdings. Cypress Capital Mgmt Limited Liability Company (Wy) accumulated 50 shares. Intrust National Bank & Trust Na holds 0.15% or 4,471 shares.

Since August 31, 2017, it had 0 insider purchases, and 6 sales for $9.32 million activity. Williams James P also sold $489,511 worth of Polaris Industries Inc. (NYSE:PII) on Thursday, August 31. Homan Matthew J. sold 23,991 shares worth $2.93M. Eastman Stephen L. had sold 8,500 shares worth $1.01M on Monday, October 30. BOGART STACY L sold $2.44 million worth of stock or 20,000 shares.

Polaris Industries (NYSE:PII) Stock Upgrade

The previous rating of a “Underperform” on shares of Polaris Industries (NYSE:PII) no longer valid. Analysts at RBC Capital have upgraded the stock rating to a respectable “Sector Perform”. The firm now has a price target of $127 for PII.

Investors sentiment decreased to 0.72 in 2017 Q3. Its down 0.49, from 1.21 in 2017Q2. It dropped, as 35 investors sold Polaris Industries Inc. shares while 152 reduced holdings. 46 funds opened positions while 89 raised stakes. 56.03 million shares or 4.63% less from 58.75 million shares in 2017Q2 were reported.

Nomura Holdings owns 5,285 shares. State Common Retirement Fund owns 138,900 shares for 0.02% of their portfolio. Ls Investment Limited Liability Com has invested 0.04% in Polaris Industries Inc. (NYSE:PII). Evercore Wealth Management Ltd Liability Com reported 581 shares. Hirtle Callaghan & holds 0% in Polaris Industries Inc. (NYSE:PII) or 112 shares. Johnson Fincl Grp reported 0% of its portfolio in Polaris Industries Inc. (NYSE:PII). Segall Bryant & Hamill Ltd accumulated 4,416 shares or 0.01% of the stock. Finemark Bankshares stated it has 0.02% in Polaris Industries Inc. (NYSE:PII). B T Cap Management Dba Alpha Cap Management owns 0.61% invested in Polaris Industries Inc. (NYSE:PII) for 12,345 shares. Fulton Bank Na owns 3,239 shares or 0.03% of their US portfolio. Louisiana State Employees Retirement Sys owns 15,500 shares or 0.08% of their US portfolio. Midas Mgmt Corp, a New York-based fund reported 22,800 shares. Security National Bank & Trust Of Sioux City Iowa Ia reported 7,872 shares or 0.81% of all its holdings. Cypress Capital Mgmt Limited Liability Company (Wy) accumulated 50 shares. Intrust National Bank & Trust Na holds 0.15% or 4,471 shares.

Since August 31, 2017, it had 0 insider purchases, and 6 sales for $9.32 million activity. Williams James P also sold $489,511 worth of Polaris Industries Inc. (NYSE:PII) on Thursday, August 31. Homan Matthew J. sold 23,991 shares worth $2.93M. Eastman Stephen L. had sold 8,500 shares worth $1.01M on Monday, October 30. BOGART STACY L sold $2.44 million worth of stock or 20,000 shares.

Polaris Industries Inc. (NYSE:PII) Ratings Coverage

Among 21 analysts covering Polaris Industries (NYSE:PII), 3 have Buy rating, 0 Sell and 18 Hold. Therefore 14% are positive. Polaris Industries has $159 highest and $69 lowest target. $109.35’s average target is -18.30% below currents $133.84 stock price. Polaris Industries had 88 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, April 14 by Stifel Nicolaus. The firm has “Sell” rating by RBC Capital Markets given on Sunday, October 1. Wells Fargo downgraded Polaris Industries Inc. (NYSE:PII) on Thursday, October 22 to “Market Perform” rating. On Wednesday, January 27 the stock rating was maintained by Wedbush with “Neutral”. The stock of Polaris Industries Inc. (NYSE:PII) earned “Neutral” rating by CL King on Thursday, December 17. The stock of Polaris Industries Inc. (NYSE:PII) has “Sell” rating given on Tuesday, December 19 by RBC Capital Markets. The firm earned “Outperform” rating on Tuesday, September 13 by Robert W. Baird. Wedbush maintained the shares of PII in report on Tuesday, June 6 with “Hold” rating. The stock of Polaris Industries Inc. (NYSE:PII) has “Market Perform” rating given on Wednesday, October 25 by Wells Fargo. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, July 14.

The stock decreased 0.64% or $0.86 during the last trading session, reaching $133.84. About 651,451 shares traded. Polaris Industries Inc. (NYSE:PII) has risen 5.51% since January 23, 2017 and is uptrending. It has underperformed by 11.19% the S&P500.

Polaris Industries Inc. designs, engineers, makes, and markets power sports vehicles worldwide. The company has market cap of $8.37 billion. It operates through four divisions: Off-Road Vehicles /Snowmobiles, Motorcycles, Global Adjacent Markets, and Other. It has a 42.04 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.

More important recent Polaris Industries Inc. (NYSE:PII) news were published by: Fool.com which released: “Why Shares of Polaris Industries Inc. Popped 54% in 2017” on January 14, 2018, also Twst.com published article titled: “Polaris Industries Inc.: Polaris Schedules Fourth Quarter and Full-Year 2017 …”, Fool.com published: “Why 2017 Was a Year to Remember for Polaris Industries Inc.” on December 29, 2017. More interesting news about Polaris Industries Inc. (NYSE:PII) was released by: Fool.com and their article: “450000 Recalls Later, Polaris Industries Says Its ATVs Are Still a Fire Hazard” with publication date: December 28, 2017.

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