Pool Co. (NASDAQ:POOL) Position Lowered by Captrust Financial Advisors

Captrust Financial Advisors reduced its position in Pool Co. (NASDAQ:POOL) by 7.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,381 shares of the specialty retailer’s stock after selling 1,284 shares during the quarter. Captrust Financial Advisors’ holdings in Pool were worth $6,172,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Rockefeller Capital Management L.P. increased its holdings in shares of Pool by 1.9% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 11,131 shares of the specialty retailer’s stock valued at $4,194,000 after acquiring an additional 204 shares during the last quarter. Public Sector Pension Investment Board boosted its holdings in Pool by 13.4% in the third quarter. Public Sector Pension Investment Board now owns 1,693 shares of the specialty retailer’s stock worth $638,000 after purchasing an additional 200 shares during the period. Financial Counselors Inc. increased its stake in Pool by 2.8% during the third quarter. Financial Counselors Inc. now owns 7,358 shares of the specialty retailer’s stock valued at $2,772,000 after purchasing an additional 198 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Pool by 1.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 260,333 shares of the specialty retailer’s stock worth $98,093,000 after purchasing an additional 3,268 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Pool by 20.1% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,432 shares of the specialty retailer’s stock worth $3,177,000 after buying an additional 1,414 shares during the last quarter. Institutional investors and hedge funds own 98.99% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Robert W. Baird boosted their price objective on shares of Pool from $377.00 to $408.00 and gave the company a “neutral” rating in a research report on Wednesday, October 16th. Loop Capital upped their target price on Pool from $345.00 to $395.00 and gave the company a “hold” rating in a report on Friday, October 25th. StockNews.com raised Pool from a “sell” rating to a “hold” rating in a report on Saturday, November 2nd. Stifel Nicolaus upped their price objective on Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a research note on Monday, October 28th. Finally, Oppenheimer raised their target price on Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a research note on Monday, October 28th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $369.11.

Pool Stock Performance

POOL opened at $375.97 on Tuesday. The business has a 50 day moving average price of $367.35 and a two-hundred day moving average price of $352.37. Pool Co. has a 1-year low of $293.51 and a 1-year high of $422.73. The company has a market capitalization of $14.31 billion, a price-to-earnings ratio of 32.36, a price-to-earnings-growth ratio of 2.29 and a beta of 1.01. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.39 and a quick ratio of 0.77.

Pool (NASDAQ:POOL) last issued its quarterly earnings results on Thursday, October 24th. The specialty retailer reported $3.26 earnings per share for the quarter, beating analysts’ consensus estimates of $3.15 by $0.11. The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.40 billion. Pool had a net margin of 8.42% and a return on equity of 31.89%. Pool’s revenue was down 2.8% on a year-over-year basis. During the same period in the prior year, the company earned $3.50 EPS. Research analysts predict that Pool Co. will post 10.98 EPS for the current fiscal year.

Pool Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were given a $1.20 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $4.80 annualized dividend and a yield of 1.28%. Pool’s dividend payout ratio (DPR) is 41.31%.

Pool Company Profile

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.