Pool Co. (NASDAQ:POOL) Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its holdings in shares of Pool Co. (NASDAQ:POOLFree Report) by 3.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 24,273 shares of the specialty retailer’s stock after purchasing an additional 759 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Pool were worth $8,644,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Atria Wealth Solutions Inc. grew its holdings in shares of Pool by 2.0% during the third quarter. Atria Wealth Solutions Inc. now owns 3,326 shares of the specialty retailer’s stock valued at $1,185,000 after buying an additional 65 shares in the last quarter. Landscape Capital Management L.L.C. acquired a new stake in Pool during the third quarter valued at $681,000. NewEdge Wealth LLC boosted its position in Pool by 9.9% during the third quarter. NewEdge Wealth LLC now owns 11,817 shares of the specialty retailer’s stock valued at $4,208,000 after purchasing an additional 1,062 shares during the last quarter. Torray Investment Partners LLC boosted its position in Pool by 4.2% during the third quarter. Torray Investment Partners LLC now owns 13,451 shares of the specialty retailer’s stock valued at $4,790,000 after purchasing an additional 543 shares during the last quarter. Finally, Amalgamated Bank boosted its position in Pool by 1.3% during the third quarter. Amalgamated Bank now owns 15,027 shares of the specialty retailer’s stock valued at $5,351,000 after purchasing an additional 187 shares during the last quarter. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on POOL. Loop Capital cut Pool from a “buy” rating to a “hold” rating and lifted their price objective for the company from $380.00 to $415.00 in a research report on Monday, January 8th. Deutsche Bank Aktiengesellschaft cut Pool from a “buy” rating to a “hold” rating and reduced their price target for the stock from $371.00 to $368.00 in a research report on Friday, December 8th. Oppenheimer reduced their price target on Pool from $375.00 to $370.00 and set an “outperform” rating for the company in a research report on Friday, October 20th. Wells Fargo & Company started coverage on Pool in a research report on Tuesday, December 19th. They issued an “equal weight” rating and a $400.00 price target for the company. Finally, Stifel Nicolaus boosted their price objective on Pool from $315.00 to $370.00 and gave the stock a “hold” rating in a research report on Wednesday, December 20th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $381.80.

Check Out Our Latest Report on Pool

Pool Trading Down 0.2 %

Shares of POOL opened at $386.65 on Friday. Pool Co. has a 12-month low of $307.77 and a 12-month high of $405.01. The company has a quick ratio of 0.81, a current ratio of 2.58 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $14.96 billion, a price-to-earnings ratio of 27.98, a P/E/G ratio of 2.74 and a beta of 1.01. The stock’s 50-day moving average price is $381.35 and its 200 day moving average price is $361.28.

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.

Further Reading

Want to see what other hedge funds are holding POOL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pool Co. (NASDAQ:POOLFree Report).

Institutional Ownership by Quarter for Pool (NASDAQ:POOL)

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