KBC Group NV Sells 1,175 Shares of Pool Co. (NASDAQ:POOL)

KBC Group NV lowered its position in Pool Co. (NASDAQ:POOL) by 17.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,517 shares of the specialty retailer’s stock after selling 1,175 shares during the period. KBC Group NV’s holdings in Pool were worth $1,881,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Brooklyn Investment Group bought a new position in Pool in the 3rd quarter worth approximately $31,000. Wilmington Savings Fund Society FSB bought a new position in Pool in the 3rd quarter worth approximately $60,000. Whittier Trust Co. of Nevada Inc. raised its position in Pool by 101.2% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 326 shares of the specialty retailer’s stock worth $123,000 after purchasing an additional 164 shares during the last quarter. GAMMA Investing LLC raised its position in Pool by 24.8% in the 3rd quarter. GAMMA Investing LLC now owns 402 shares of the specialty retailer’s stock worth $151,000 after purchasing an additional 80 shares during the last quarter. Finally, Hilltop National Bank raised its position in Pool by 18.1% in the 4th quarter. Hilltop National Bank now owns 412 shares of the specialty retailer’s stock worth $140,000 after purchasing an additional 63 shares during the last quarter. Institutional investors own 98.99% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Robert W. Baird boosted 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. StockNews.com raised shares of Pool from a “sell” rating to a “hold” rating in a report on Friday. Loop Capital lifted their target price on shares of Pool from $345.00 to $395.00 and gave the stock a “hold” rating in a report on Friday, October 25th. Wells Fargo & Company lifted their target price on shares of Pool from $330.00 to $370.00 and gave the stock an “equal weight” rating in a report on Monday, October 7th. Finally, Stifel Nicolaus lifted their target price on shares of Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a report on Monday, October 28th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $369.25.

Pool Price Performance

Shares of POOL stock opened at $344.25 on Friday. Pool Co. has a 12-month low of $293.51 and a 12-month high of $422.73. The firm has a market capitalization of $13.10 billion, a price-to-earnings ratio of 29.63, a price-to-earnings-growth ratio of 1.93 and a beta of 1.03. The company has a quick ratio of 0.77, a current ratio of 2.39 and a debt-to-equity ratio of 0.61. The firm has a fifty day moving average of $354.33 and a 200-day moving average of $356.81.

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.