1,915 Shares in Pool Co. (NASDAQ:POOL) Bought by L. Roy Papp & Associates LLP

L. Roy Papp & Associates LLP purchased a new stake in Pool Co. (NASDAQ:POOL) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 1,915 shares of the specialty retailer’s stock, valued at approximately $653,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Berkshire Hathaway Inc bought a new position in shares of Pool in the third quarter valued at $152,249,000. JPMorgan Chase & Co. grew its position in shares of 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 acquiring an additional 232,914 shares during the period. International Assets Investment Management LLC increased its stake in shares of Pool by 37,863.6% during the 3rd quarter. International Assets Investment Management LLC now owns 137,808 shares of the specialty retailer’s stock worth $51,926,000 after purchasing an additional 137,445 shares during the last quarter. Zurich Insurance Group Ltd FI acquired a new stake in Pool in the 3rd quarter valued at about $40,750,000. Finally, Lord Abbett & CO. LLC grew its holdings in Pool by 44.3% during the third quarter. Lord Abbett & CO. LLC now owns 217,572 shares of the specialty retailer’s stock worth $81,981,000 after purchasing an additional 66,791 shares during the period. 98.99% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on POOL shares. Loop Capital upped their price objective on Pool from $345.00 to $395.00 and gave the company a “hold” rating in a research note on Friday, October 25th. Robert W. Baird increased their price target on Pool from $377.00 to $408.00 and gave the company a “neutral” rating in a research note on Wednesday, October 16th. Stifel Nicolaus raised their price target on Pool from $335.00 to $340.00 and gave the company a “hold” rating in a report on Monday, October 28th. Oppenheimer upped their price objective on shares of Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a report on Monday, October 28th. Finally, Wells Fargo & Company cut 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. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Pool currently has a consensus rating of “Hold” and a consensus price target of $368.00.

Pool Stock Up 0.6 %

POOL stock opened at $336.35 on Wednesday. Pool Co. has a fifty-two week low of $293.51 and a fifty-two week high of $422.73. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.39 and a quick ratio of 0.77. The stock has a market capitalization of $12.80 billion, a price-to-earnings ratio of 28.95, a PEG ratio of 1.92 and a beta of 1.03. The business’s fifty day moving average price is $348.42 and its two-hundred day moving average price is $356.74.

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.