B. Metzler seel. Sohn & Co. Holding AG Invests $1.48 Million in Polaris Inc. (NYSE:PII)

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of Polaris Inc. (NYSE:PII - Free Report) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 17,751 shares of the company's stock, valued at approximately $1,478,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. American Century Companies Inc. raised its holdings in shares of Polaris by 311.6% in the 2nd quarter. American Century Companies Inc. now owns 387,012 shares of the company's stock valued at $30,307,000 after buying an additional 292,992 shares during the period. Eubel Brady & Suttman Asset Management Inc. acquired a new position in shares of Polaris in the second quarter worth $15,363,000. RWWM Inc. grew its stake in shares of Polaris by 192.3% in the second quarter. RWWM Inc. now owns 272,452 shares of the company's stock worth $21,334,000 after acquiring an additional 179,244 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Polaris by 10.8% in the second quarter. Dimensional Fund Advisors LP now owns 983,206 shares of the company's stock worth $76,994,000 after acquiring an additional 96,194 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Polaris by 1.6% in the first quarter. Vanguard Group Inc. now owns 5,902,162 shares of the company's stock worth $590,924,000 after acquiring an additional 94,680 shares in the last quarter. 88.06% of the stock is owned by institutional investors and hedge funds.

Polaris Stock Performance

PII traded up $1.03 on Friday, reaching $67.95. The company had a trading volume of 514,873 shares, compared to its average volume of 693,322. Polaris Inc. has a 1 year low of $64.56 and a 1 year high of $100.91. The stock has a market capitalization of $3.79 billion, a PE ratio of 18.98, a P/E/G ratio of 6.99 and a beta of 1.52. The company has a quick ratio of 0.32, a current ratio of 1.21 and a debt-to-equity ratio of 1.28. The stock has a 50-day moving average price of $76.21 and a 200-day moving average price of $79.20.

Polaris (NYSE:PII - Get Free Report) last announced its quarterly earnings results on Tuesday, October 22nd. The company reported $0.73 earnings per share for the quarter, missing analysts' consensus estimates of $0.88 by ($0.15). Polaris had a net margin of 2.64% and a return on equity of 17.92%. The company had revenue of $1.72 billion during the quarter, compared to analysts' expectations of $1.77 billion. During the same period last year, the firm earned $2.71 earnings per share. Polaris's revenue was down 23.4% on a year-over-year basis. As a group, research analysts forecast that Polaris Inc. will post 3.22 EPS for the current fiscal year.

Polaris Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 2nd will be issued a $0.66 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $2.64 dividend on an annualized basis and a dividend yield of 3.89%. Polaris's payout ratio is 73.74%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Royal Bank of Canada dropped their price target on shares of Polaris from $82.00 to $73.00 and set a "sector perform" rating for the company in a research note on Wednesday, October 23rd. KeyCorp dropped their price target on shares of Polaris from $90.00 to $80.00 and set an "overweight" rating for the company in a research note on Wednesday, October 23rd. DA Davidson dropped their price target on shares of Polaris from $87.00 to $84.00 and set a "buy" rating for the company in a research note on Thursday, October 24th. Robert W. Baird lowered their target price on shares of Polaris from $85.00 to $84.00 and set an "outperform" rating for the company in a research note on Wednesday, October 23rd. Finally, StockNews.com downgraded shares of Polaris from a "hold" rating to a "sell" rating in a research note on Wednesday. One research analyst has rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $87.09.

Polaris Profile

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.