Pool Co. (NASDAQ:POOL) Shares Purchased by Rafferty Asset Management LLC

Rafferty Asset Management LLC grew its position in Pool Co. (NASDAQ:POOLFree Report) by 3.8% during the 4th quarter, Holdings Channel reports. The fund owned 4,457 shares of the specialty retailer’s stock after buying an additional 164 shares during the quarter. Rafferty Asset Management LLC’s holdings in Pool were worth $1,777,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Nordea Investment Management AB raised its holdings in Pool by 11.0% in the 4th quarter. Nordea Investment Management AB now owns 49,129 shares of the specialty retailer’s stock valued at $19,720,000 after acquiring an additional 4,877 shares during the last quarter. James Hambro & Partners raised its position in shares of Pool by 21.4% in the 4th quarter. James Hambro & Partners now owns 189,479 shares of the specialty retailer’s stock valued at $75,573,000 after purchasing an additional 33,402 shares in the last quarter. International Assets Investment Management LLC boosted its stake in Pool by 30,047.2% during the 4th quarter. International Assets Investment Management LLC now owns 183,898 shares of the specialty retailer’s stock valued at $73,322,000 after acquiring an additional 183,288 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in Pool by 9.4% during the 4th quarter. BNP Paribas Financial Markets now owns 44,628 shares of the specialty retailer’s stock worth $17,794,000 after buying an additional 3,853 shares during the last quarter. Finally, TimesSquare Capital Management LLC boosted its holdings in Pool by 22.2% in the fourth quarter. TimesSquare Capital Management LLC now owns 153,314 shares of the specialty retailer’s stock worth $61,128,000 after purchasing an additional 27,890 shares during the period. 98.99% of the stock is owned by hedge funds and other institutional investors.

Pool Trading Up 0.5 %

Shares of Pool stock opened at $342.40 on Tuesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.88 and a quick ratio of 0.56. The company’s fifty day moving average price is $369.47 and its two-hundred day moving average price is $380.36. Pool Co. has a 52-week low of $308.45 and a 52-week high of $422.73. The firm has a market capitalization of $13.12 billion, a PE ratio of 26.79, a price-to-earnings-growth ratio of 3.55 and a beta of 1.02.

Pool (NASDAQ:POOLGet Free Report) last issued its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $1.85 EPS for the quarter, missing analysts’ consensus estimates of $1.87 by ($0.02). Pool had a return on equity of 35.49% and a net margin of 9.17%. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same period in the prior year, the company earned $2.46 EPS. The firm’s revenue was down 7.1% compared to the same quarter last year. On average, analysts expect that Pool Co. will post 13.02 EPS for the current year.

Pool Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 30th. Investors of record on Thursday, May 16th were given a $1.20 dividend. The ex-dividend date of this dividend was Wednesday, May 15th. This represents a $4.80 dividend on an annualized basis and a yield of 1.40%. This is an increase from Pool’s previous quarterly dividend of $1.10. Pool’s dividend payout ratio (DPR) is 37.56%.

Analyst Ratings Changes

Several equities analysts have recently commented on POOL shares. Oppenheimer lowered their target price on Pool from $436.00 to $416.00 and set an “outperform” rating for the company in a report on Monday, April 29th. Stifel Nicolaus decreased their target price on Pool from $370.00 to $360.00 and set a “hold” rating for the company in a research note on Monday, April 29th. Finally, TheStreet downgraded Pool from a “b” rating to a “c+” rating in a report on Thursday, February 22nd. Five analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $391.80.

View Our Latest Report on Pool

Pool Company Profile

(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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