891 Shares in Pool Co. (NASDAQ:POOL) Purchased by Private Advisor Group LLC

Private Advisor Group LLC purchased a new position in Pool Co. (NASDAQ:POOLFree Report) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 891 shares of the specialty retailer’s stock, valued at approximately $305,000.

A number of other institutional investors also recently bought and sold shares of the business. Nelson Van Denburg & Campbell Wealth Management Group LLC raised its position in Pool by 164,100.0% during the first quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 1,642 shares of the specialty retailer’s stock valued at $562,000 after acquiring an additional 1,641 shares in the last quarter. Schechter Investment Advisors LLC increased its holdings in shares of Pool by 16.5% during the 4th quarter. Schechter Investment Advisors LLC now owns 869 shares of the specialty retailer’s stock valued at $263,000 after purchasing an additional 123 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new position in shares of Pool in the 4th quarter valued at $376,000. CI Investments Inc. boosted its holdings in Pool by 47.0% during the fourth quarter. CI Investments Inc. now owns 535 shares of the specialty retailer’s stock worth $162,000 after buying an additional 171 shares in the last quarter. Finally, Dupont Capital Management Corp grew its position in Pool by 19.6% during the first quarter. Dupont Capital Management Corp now owns 1,841 shares of the specialty retailer’s stock valued at $630,000 after buying an additional 302 shares during the period. 98.99% of the stock is owned by hedge funds and other institutional investors.

Pool Price Performance

Shares of NASDAQ POOL opened at $358.15 on Wednesday. The firm has a 50-day simple moving average of $370.41 and a 200-day simple moving average of $352.42. The company has a quick ratio of 0.91, a current ratio of 2.72 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $13.99 billion, a price-to-earnings ratio of 23.73, a price-to-earnings-growth ratio of 4.72 and a beta of 0.98. Pool Co. has a 52 week low of $278.10 and a 52 week high of $423.97.

Pool (NASDAQ:POOLGet Free Report) last released its earnings results on Thursday, July 20th. The specialty retailer reported $5.89 earnings per share for the quarter, missing analysts’ consensus estimates of $6.01 by ($0.12). The business had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.89 billion. Pool had a return on equity of 45.78% and a net margin of 10.32%. The company’s revenue for the quarter was down 9.7% compared to the same quarter last year. During the same period last year, the business earned $7.59 earnings per share. On average, equities analysts predict that Pool Co. will post 13.32 earnings per share for the current fiscal year.

Pool Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 24th. Stockholders of record on Thursday, August 10th were issued a dividend of $1.10 per share. The ex-dividend date of this dividend was Wednesday, August 9th. This represents a $4.40 annualized dividend and a dividend yield of 1.23%. Pool’s dividend payout ratio is presently 29.16%.

Analyst Ratings Changes

A number of research analysts have weighed in on POOL shares. Stifel Nicolaus upped their price objective on shares of Pool from $320.00 to $350.00 in a research report on Monday, July 17th. StockNews.com assumed coverage on Pool in a research report on Thursday, August 17th. They set a “hold” rating on the stock. Finally, Oppenheimer boosted their price objective on Pool from $375.00 to $380.00 and gave the company an “outperform” rating in a research report on Friday, July 21st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, Pool presently has a consensus rating of “Hold” and a consensus target price of $386.70.

View Our Latest Stock Analysis on POOL

About Pool

(Free Report)

Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in the United States and internationally. The company offers maintenance products, including chemicals, supplies, and pool accessories; repair and replacement parts for pool equipment, such as cleaners, filters, heaters, pumps, and lights; and building materials, such as concrete, plumbing and electrical components, functional and decorative pool surfaces, decking materials, tiles, hardscapes, and natural stones for pool installations and remodeling.

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Institutional Ownership by Quarter for Pool (NASDAQ:POOL)

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