SG Americas Securities LLC Sells 1,517 Shares of Pool Co. (NASDAQ:POOL)

SG Americas Securities LLC trimmed its holdings in Pool Co. (NASDAQ:POOL) by 77.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 437 shares of the specialty retailer’s stock after selling 1,517 shares during the quarter. SG Americas Securities LLC’s holdings in Pool were worth $149,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Nisa Investment Advisors LLC boosted its stake in Pool by 0.3% during the 4th quarter. Nisa Investment Advisors LLC now owns 17,578 shares of the specialty retailer’s stock valued at $5,993,000 after purchasing an additional 54 shares during the last quarter. Atomi Financial Group Inc. boosted its position in shares of Pool by 5.8% during the fourth quarter. Atomi Financial Group Inc. now owns 1,653 shares of the specialty retailer’s stock valued at $563,000 after buying an additional 90 shares during the last quarter. Chesley Taft & Associates LLC bought a new stake in Pool in the 4th quarter worth about $960,000. Crossmark Global Holdings Inc. increased its holdings in Pool by 9.7% in the 4th quarter. Crossmark Global Holdings Inc. now owns 3,912 shares of the specialty retailer’s stock worth $1,334,000 after buying an additional 345 shares in the last quarter. Finally, Mitchell & Pahl Private Wealth LLC raised its position in Pool by 6.5% in the 4th quarter. Mitchell & Pahl Private Wealth LLC now owns 2,958 shares of the specialty retailer’s stock worth $1,009,000 after buying an additional 180 shares during the last quarter. 98.99% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Robert W. Baird lifted their price target on shares of Pool from $377.00 to $408.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 16th. Oppenheimer boosted their target price on shares of Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a research note on Monday, October 28th. Loop Capital increased their price target on Pool from $345.00 to $395.00 and gave the company a “hold” rating in a report on Friday, October 25th. Stifel Nicolaus lifted their price objective on Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a report on Monday, October 28th. Finally, Wells Fargo & Company lowered their target price on Pool from $370.00 to $360.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 4th. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $368.00.

Pool Stock Performance

Shares of POOL opened at $334.32 on Tuesday. The business has a 50-day simple moving average of $349.22 and a two-hundred day simple moving average of $356.99. 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. The stock has a market cap of $12.72 billion, a price-to-earnings ratio of 28.77, a PEG ratio of 1.92 and a beta of 1.03.

About Pool

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.