1,297 Shares in Pool Co. (NASDAQ:POOL) Bought by Walleye Capital LLC

Walleye Capital LLC bought a new position in Pool Co. (NASDAQ:POOLGet Rating) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 1,297 shares of the specialty retailer’s stock, valued at approximately $548,000.

Several other large investors have also recently bought and sold shares of POOL. Advisor Group Holdings Inc. raised its holdings in Pool by 15.4% in the 1st quarter. Advisor Group Holdings Inc. now owns 13,096 shares of the specialty retailer’s stock valued at $5,502,000 after buying an additional 1,745 shares during the last quarter. FDx Advisors Inc. raised its stake in shares of Pool by 9.3% during the first quarter. FDx Advisors Inc. now owns 6,192 shares of the specialty retailer’s stock valued at $2,618,000 after acquiring an additional 527 shares during the last quarter. Golden State Wealth Management LLC raised its stake in shares of Pool by 19.8% during the fourth quarter. Golden State Wealth Management LLC now owns 2,815 shares of the specialty retailer’s stock valued at $1,593,000 after acquiring an additional 465 shares during the last quarter. Noked Israel Ltd lifted its holdings in shares of Pool by 311.8% during the first quarter. Noked Israel Ltd now owns 49,410 shares of the specialty retailer’s stock worth $20,893,000 after purchasing an additional 37,410 shares during the period. Finally, Rafferty Asset Management LLC bought a new stake in shares of Pool in the fourth quarter worth $237,000. 98.92% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CFO Hart Melanie Housey sold 2,500 shares of the stock in a transaction on Friday, August 12th. The stock was sold at an average price of $384.01, for a total value of $960,025.00. Following the transaction, the chief financial officer now directly owns 10,721 shares in the company, valued at approximately $4,116,971.21. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 3.00% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on POOL shares. TheStreet raised Pool from a “c+” rating to a “b” rating in a report on Thursday, June 2nd. KeyCorp reduced their target price on Pool from $570.00 to $465.00 and set an “overweight” rating on the stock in a report on Thursday, July 28th. The Goldman Sachs Group lowered their price target on shares of Pool from $560.00 to $450.00 and set a “buy” rating for the company in a report on Thursday, June 23rd. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Pool in a research note on Wednesday, August 17th. They issued a “hold” rating and a $431.00 price objective on the stock. Finally, Loop Capital lowered their target price on shares of Pool from $465.00 to $370.00 and set a “hold” rating for the company in a research note on Thursday, June 23rd. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $446.80.

Pool Stock Down 0.8 %

Shares of NASDAQ POOL opened at $324.35 on Thursday. The company has a quick ratio of 1.00, a current ratio of 2.77 and a debt-to-equity ratio of 1.28. The firm has a market cap of $12.84 billion, a PE ratio of 16.87, a P/E/G ratio of 1.83 and a beta of 0.88. The company’s fifty day simple moving average is $359.72 and its 200 day simple moving average is $389.96. Pool Co. has a 12-month low of $322.88 and a 12-month high of $582.27.

Pool (NASDAQ:POOLGet Rating) last announced its quarterly earnings data on Thursday, July 21st. The specialty retailer reported $7.59 earnings per share for the quarter, beating the consensus estimate of $7.40 by $0.19. The firm had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.13 billion. Pool had a net margin of 13.17% and a return on equity of 68.34%. The business’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $6.37 earnings per share. As a group, sell-side analysts forecast that Pool Co. will post 18.5 earnings per share for the current fiscal year.

Pool Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 25th. Shareholders of record on Thursday, August 11th were paid a $1.00 dividend. The ex-dividend date was Wednesday, August 10th. This represents a $4.00 dividend on an annualized basis and a yield of 1.23%. Pool’s dividend payout ratio (DPR) is presently 20.80%.

Pool Profile

(Get Rating)

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; fiberglass pools, and hot tubs and packaged pool kits comprising walls, liners, braces, and coping for in-ground and above-ground pools; pool equipment and components for new pool construction and the remodeling of existing pools; and irrigation and related products consisting of irrigation system components, and professional lawn care equipment and supplies.

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Institutional Ownership by Quarter for Pool (NASDAQ:POOL)

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