Pool Co. (NASDAQ:POOL) Shares Sold by EntryPoint Capital LLC

EntryPoint Capital LLC reduced its stake in shares of Pool Co. (NASDAQ:POOL) by 33.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 610 shares of the specialty retailer’s stock after selling 302 shares during the quarter. EntryPoint Capital LLC’s holdings in Pool were worth $208,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Rakuten Securities Inc. lifted its stake in shares of Pool by 2,300.0% in the 4th quarter. Rakuten Securities Inc. now owns 72 shares of the specialty retailer’s stock worth $25,000 after acquiring an additional 69 shares during the period. Atala Financial Inc bought a new position in Pool during the 4th quarter valued at $29,000. Sierra Ocean LLC acquired a new position in shares of Pool during the 4th quarter valued at $30,000. Brooklyn Investment Group bought a new stake in shares of Pool in the 3rd quarter worth $31,000. Finally, Private Trust Co. NA lifted its holdings in shares of Pool by 76.9% in the fourth quarter. Private Trust Co. NA now owns 138 shares of the specialty retailer’s stock valued at $47,000 after buying an additional 60 shares during the period. Institutional investors and hedge funds own 98.99% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. StockNews.com downgraded shares of Pool from a “hold” rating to a “sell” rating in a report on Friday, February 28th. Wells Fargo & Company cut their target price on shares of Pool from $370.00 to $360.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 4th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $368.00.

Insider Activity at Pool

In related news, Director De La Mesa Manuel J. Perez sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $346.00, for a total transaction of $3,460,000.00. Following the transaction, the director now directly owns 62,577 shares of the company’s stock, valued at approximately $21,651,642. The trade was a 13.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 3.00% of the stock is owned by insiders.

Pool Stock Performance

Shares of POOL opened at $314.92 on Friday. The company has a 50-day moving average of $340.58 and a two-hundred day moving average of $353.55. The stock has a market cap of $11.85 billion, a price-to-earnings ratio of 27.92, a PEG ratio of 2.03 and a beta of 1.05. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.05 and a quick ratio of 0.77. Pool Co. has a one year low of $293.51 and a one year high of $403.61.

Pool (NASDAQ:POOL) last posted its quarterly earnings data on Thursday, February 20th. The specialty retailer reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.08. Pool had a net margin of 8.18% and a return on equity of 31.11%. The firm had revenue of $987.48 million during the quarter, compared to analyst estimates of $961.04 million. On average, equities research analysts expect that Pool Co. will post 11.32 earnings per share for the current year.

Pool Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th were issued a dividend of $1.20 per share. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.52%. Pool’s dividend payout ratio is 42.55%.

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.