Dimensional Fund Advisors LP Has $61.70 Million Stock Position in Polaris Inc. (NYSE:PII)

Dimensional Fund Advisors LP boosted its holdings in shares of Polaris Inc. (NYSE:PII - Free Report) by 17.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,070,862 shares of the company's stock after purchasing an additional 162,958 shares during the period. Dimensional Fund Advisors LP owned approximately 1.92% of Polaris worth $61,702,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Larson Financial Group LLC raised its stake in shares of Polaris by 386.5% during the 4th quarter. Larson Financial Group LLC now owns 506 shares of the company's stock worth $29,000 after buying an additional 402 shares in the last quarter. Twin Tree Management LP purchased a new stake in Polaris during the fourth quarter worth about $29,000. Lindbrook Capital LLC grew its position in Polaris by 295.4% during the fourth quarter. Lindbrook Capital LLC now owns 518 shares of the company's stock worth $30,000 after buying an additional 387 shares during the period. GAMMA Investing LLC increased its holdings in Polaris by 232.6% in the fourth quarter. GAMMA Investing LLC now owns 968 shares of the company's stock valued at $56,000 after buying an additional 677 shares in the last quarter. Finally, Signaturefd LLC increased its holdings in Polaris by 82.6% in the fourth quarter. Signaturefd LLC now owns 1,017 shares of the company's stock valued at $59,000 after buying an additional 460 shares in the last quarter. 88.06% of the stock is currently owned by institutional investors and hedge funds.

Polaris Price Performance

Polaris stock traded down $0.01 on Wednesday, reaching $33.71. The company's stock had a trading volume of 1,311,971 shares, compared to its average volume of 1,127,577. The business's fifty day moving average price is $38.19 and its 200 day moving average price is $51.81. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.39 and a current ratio of 1.15. The company has a market cap of $1.89 billion, a price-to-earnings ratio of 17.20, a PEG ratio of 13.95 and a beta of 1.05. Polaris Inc. has a twelve month low of $30.92 and a twelve month high of $90.62.

Polaris (NYSE:PII - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The company reported ($0.90) earnings per share for the quarter, beating the consensus estimate of ($0.91) by $0.01. The firm had revenue of $1.54 billion during the quarter, compared to analysts' expectations of $1.53 billion. Polaris had a net margin of 1.54% and a return on equity of 13.78%. The company's quarterly revenue was down 11.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.23 EPS. Equities analysts expect that Polaris Inc. will post 1.11 earnings per share for the current fiscal year.

Polaris Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 2nd will be given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.95%. The ex-dividend date is Monday, June 2nd. Polaris's dividend payout ratio is currently 372.22%.

Wall Street Analyst Weigh In

PII has been the topic of several recent research reports. Baird R W downgraded Polaris from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Bank of America cut their price target on Polaris from $55.00 to $45.00 and set a "neutral" rating for the company in a report on Monday, March 17th. UBS Group dropped their price objective on Polaris from $67.00 to $48.00 and set a "neutral" rating for the company in a report on Monday, February 3rd. DA Davidson reduced their price objective on Polaris from $69.00 to $60.00 and set a "buy" rating on the stock in a research note on Thursday, January 30th. Finally, BMO Capital Markets dropped their target price on shares of Polaris from $60.00 to $50.00 and set a "market perform" rating for the company in a research report on Wednesday, January 29th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $45.36.

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.