Villere ST Denis J & Co. LLC Sells 2,522 Shares of Pool Co. (NASDAQ:POOL)

Villere ST Denis J & Co. LLC lowered its position in Pool Co. (NASDAQ:POOL) by 1.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 131,948 shares of the specialty retailer’s stock after selling 2,522 shares during the quarter. Pool accounts for approximately 4.1% of Villere ST Denis J & Co. LLC’s holdings, making the stock its 2nd largest holding. Villere ST Denis J & Co. LLC’s holdings in Pool were worth $44,987,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also modified their holdings of POOL. Berkshire Hathaway Inc purchased a new stake in Pool in the 3rd quarter valued at approximately $152,249,000. JPMorgan Chase & Co. lifted its stake in Pool by 22.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,260,313 shares of the specialty retailer’s stock valued at $474,886,000 after buying an additional 232,914 shares in the last quarter. International Assets Investment Management LLC lifted its stake in Pool by 37,863.6% in the 3rd quarter. International Assets Investment Management LLC now owns 137,808 shares of the specialty retailer’s stock valued at $51,926,000 after buying an additional 137,445 shares in the last quarter. Zurich Insurance Group Ltd FI purchased a new position in shares of Pool during the 3rd quarter worth $40,750,000. Finally, Lord Abbett & CO. LLC lifted its stake in shares of Pool by 44.3% during the 3rd quarter. Lord Abbett & CO. LLC now owns 217,572 shares of the specialty retailer’s stock worth $81,981,000 after purchasing an additional 66,791 shares during the period. Institutional investors and hedge funds own 98.99% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Wells Fargo & Company reduced their price target 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. Stifel Nicolaus increased 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. Oppenheimer increased their price target on Pool from $380.00 to $386.00 and gave the stock an “outperform” rating in a research note on Monday, October 28th. StockNews.com lowered Pool from a “hold” rating to a “sell” rating in a research note on Saturday, February 8th. Finally, Loop Capital increased their target price on Pool from $345.00 to $395.00 and gave the stock a “hold” rating in a research report on Friday, October 25th. 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, Pool presently has a consensus rating of “Hold” and an average price target of $368.00.

Pool Trading Up 1.2 %

Shares of POOL opened at $344.28 on Friday. The company has a current ratio of 2.39, a quick ratio of 0.77 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $13.10 billion, a P/E ratio of 29.63, a price-to-earnings-growth ratio of 1.92 and a beta of 1.03. The stock’s fifty day simple moving average is $346.40 and its 200 day simple moving average is $356.30. Pool Co. has a twelve month low of $293.51 and a twelve month high of $422.73.

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.