Pool Co. (NASDAQ:POOL) Holdings Trimmed by Advisor OS LLC

Advisor OS LLC trimmed its holdings in Pool Co. (NASDAQ:POOL) by 45.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,323 shares of the specialty retailer’s stock after selling 1,105 shares during the quarter. Advisor OS LLC’s holdings in Pool were worth $451,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Berkshire Hathaway Inc purchased a new position in Pool during the third quarter valued at approximately $152,249,000. JPMorgan Chase & Co. grew its holdings 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 during the last quarter. Zurich Insurance Group Ltd FI bought a new position in Pool during the third quarter worth $40,750,000. Lord Abbett & CO. LLC raised its stake in Pool by 44.3% during the 3rd quarter. Lord Abbett & CO. LLC now owns 217,572 shares of the specialty retailer’s stock valued at $81,981,000 after purchasing an additional 66,791 shares during the last quarter. Finally, TimesSquare Capital Management LLC grew its position in Pool by 62.6% in the 4th quarter. TimesSquare Capital Management LLC now owns 172,538 shares of the specialty retailer’s stock worth $58,825,000 after purchasing an additional 66,409 shares during the last quarter. Institutional investors own 98.99% of the company’s stock.

Pool Stock Down 0.3 %

NASDAQ POOL opened at $347.74 on Thursday. The stock’s 50 day simple moving average is $343.00 and its 200 day simple moving average is $355.57. Pool Co. has a one year low of $293.51 and a one year high of $422.73. The firm has a market cap of $13.23 billion, a PE ratio of 30.83, a price-to-earnings-growth ratio of 2.03 and a beta of 1.03. 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 (NASDAQ:POOL) last announced its earnings results on Thursday, February 20th. The specialty retailer reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.08. The company had revenue of $987.48 million during the quarter, compared to analyst estimates of $961.04 million. Pool had a return on equity of 31.11% and a net margin of 8.18%. As a group, sell-side analysts forecast that Pool Co. will post 11.32 earnings per share for the current fiscal year.

Pool Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th will be paid a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 1.38%. Pool’s dividend payout ratio (DPR) is currently 42.55%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on POOL. Wells Fargo & Company reduced 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. StockNews.com upgraded Pool from a “sell” rating to a “hold” rating in a research note on Thursday, February 20th. One analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Pool currently has a consensus rating of “Hold” and an average target price of $368.00.

Insider Buying and Selling

In other Pool news, Director De La Mesa Manuel J. Perez sold 10,000 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $346.00, for a total transaction of $3,460,000.00. Following the completion of the sale, 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 3.00% of the stock is currently owned by corporate insiders.

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.