Mutual Advisors LLC Has $206,000 Stake in Pool Co. (NASDAQ:POOL)

Mutual Advisors LLC trimmed its position in Pool Co. (NASDAQ:POOLFree Report) by 15.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 588 shares of the specialty retailer’s stock after selling 107 shares during the quarter. Mutual Advisors LLC’s holdings in Pool were worth $206,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in shares of Pool by 22.7% during the third quarter. JPMorgan Chase & Co. now owns 1,260,313 shares of the specialty retailer’s stock worth $474,886,000 after buying an additional 232,914 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Pool by 0.7% in the third quarter. Geode Capital Management LLC now owns 964,343 shares of the specialty retailer’s stock valued at $362,196,000 after buying an additional 6,232 shares during the period. Wasatch Advisors LP lifted its holdings in Pool by 0.6% in the third quarter. Wasatch Advisors LP now owns 565,339 shares of the specialty retailer’s stock valued at $213,020,000 after buying an additional 3,428 shares during the period. Berkshire Hathaway Inc acquired a new position in shares of Pool during the third quarter valued at about $152,249,000. Finally, 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 valued at $98,093,000 after purchasing an additional 3,268 shares during the period. 98.99% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

POOL has been the subject of several recent research reports. Loop Capital boosted their target price on shares of Pool from $345.00 to $395.00 and gave the stock a “hold” rating in a research report on Friday, October 25th. Robert W. Baird upped their price objective on shares of Pool from $377.00 to $408.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 16th. Oppenheimer increased their target price on shares of Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a research report on Monday, October 28th. Wells Fargo & Company upped their price target on shares of Pool from $330.00 to $370.00 and gave the company an “equal weight” rating in a research note on Monday, October 7th. Finally, Stifel Nicolaus upped their price target on shares of Pool from $335.00 to $340.00 and gave the company a “hold” rating in a research note on Monday, October 28th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $369.25.

Get Our Latest Research Report on POOL

Pool Trading Down 1.6 %

Shares of NASDAQ POOL opened at $344.70 on Thursday. The firm’s 50 day moving average price is $355.10 and its 200-day moving average price is $356.61. The company has a market cap of $13.12 billion, a PE ratio of 29.66, a P/E/G ratio of 2.02 and a beta of 1.03. Pool Co. has a 52-week low of $293.51 and a 52-week high of $422.73. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.77 and a current ratio of 2.39.

Pool Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Pool (NASDAQ:POOL)

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