Soltis Investment Advisors LLC Sells 145 Shares of Pool Co. (NASDAQ:POOL)

Soltis Investment Advisors LLC lowered its position in shares of Pool Co. (NASDAQ:POOL) by 13.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 953 shares of the specialty retailer’s stock after selling 145 shares during the period. Soltis Investment Advisors LLC’s holdings in Pool were worth $325,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in POOL. Brooklyn Investment Group purchased a new position in Pool during the 3rd quarter valued at about $31,000. Wilmington Savings Fund Society FSB purchased a new position in Pool during the third quarter valued at approximately $60,000. YANKCOM Partnership bought a new position in Pool in the fourth quarter worth approximately $61,000. Whittier Trust Co. of Nevada Inc. raised its stake in Pool by 101.2% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 326 shares of the specialty retailer’s stock worth $123,000 after buying an additional 164 shares in the last quarter. Finally, Hilltop National Bank lifted its holdings in Pool by 18.1% during the fourth quarter. Hilltop National Bank now owns 412 shares of the specialty retailer’s stock worth $140,000 after buying an additional 63 shares during the period. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Loop Capital lifted their target price on Pool from $345.00 to $395.00 and gave the company a “hold” rating in a research note on Friday, October 25th. Wells Fargo & Company dropped their target price on Pool from $370.00 to $360.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 4th. Oppenheimer increased their price target on Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a research note on Monday, October 28th. Stifel Nicolaus boosted their price target on Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a research note on Monday, October 28th. Finally, Robert W. Baird upped their price objective on shares of Pool from $377.00 to $408.00 and gave the company a “neutral” rating in a report on Wednesday, October 16th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $368.00.

Pool Stock Up 0.6 %

POOL stock opened at $336.35 on Wednesday. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.39 and a quick ratio of 0.77. The firm’s fifty day simple moving average is $348.42 and its 200-day simple moving average is $356.74. Pool Co. has a 12 month low of $293.51 and a 12 month high of $422.73. The company has a market capitalization of $12.80 billion, a P/E ratio of 28.95, a price-to-earnings-growth ratio of 1.92 and a beta of 1.03.

Pool 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.