Robeco Institutional Asset Management B.V. Increases Stake in Pool Co. (NASDAQ:POOL)

Robeco Institutional Asset Management B.V. grew its position in Pool Co. (NASDAQ:POOL) by 15.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,737 shares of the specialty retailer’s stock after acquiring an additional 495 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Pool were worth $1,274,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Brooklyn Investment Group purchased a new position in Pool in the 3rd quarter worth about $31,000. Wilmington Savings Fund Society FSB purchased a new position in Pool in the 3rd quarter worth about $60,000. Whittier Trust Co. of Nevada Inc. increased its stake 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 buying an additional 164 shares during the period. Hilltop National Bank increased its stake 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 buying an additional 63 shares during the period. Finally, GAMMA Investing LLC increased its stake 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 buying an additional 80 shares during the period. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on POOL shares. Robert W. Baird increased their target price on shares of Pool from $377.00 to $408.00 and gave the stock a “neutral” rating in a report on Wednesday, October 16th. StockNews.com upgraded shares of Pool from a “sell” rating to a “hold” rating in a report on Friday. Oppenheimer increased their target price on shares of Pool from $380.00 to $386.00 and gave the stock an “outperform” rating in a report on Monday, October 28th. Loop Capital raised their price target on shares of Pool from $345.00 to $395.00 and gave the company a “hold” rating in a report on Friday, October 25th. Finally, Stifel Nicolaus raised their price target on shares of Pool from $335.00 to $340.00 and gave the company a “hold” rating in a report on Monday, October 28th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $369.25.

Pool Stock Down 2.0 %

POOL stock opened at $337.50 on Tuesday. The firm has a 50 day moving average of $353.28 and a 200 day moving average of $357.00. The stock has a market capitalization of $12.85 billion, a PE ratio of 29.04, 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. Pool Co. has a 52 week low of $293.51 and a 52 week 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.