Hartford Investment Management Co. Has $804,000 Stock Holdings in Pool Co. (NASDAQ:POOL)

Hartford Investment Management Co. lowered its stake in shares of Pool Co. (NASDAQ:POOL) by 1.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,357 shares of the specialty retailer’s stock after selling 46 shares during the period. Hartford Investment Management Co.’s holdings in Pool were worth $804,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Berkshire Hathaway Inc acquired a new position in Pool in the third quarter worth approximately $152,249,000. JPMorgan Chase & Co. increased its stake in shares of Pool by 22.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,260,313 shares of the specialty retailer’s stock worth $474,886,000 after purchasing an additional 232,914 shares during the last quarter. International Assets Investment Management LLC raised its holdings 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 valued at $51,926,000 after purchasing an additional 137,445 shares in the last quarter. Zurich Insurance Group Ltd FI acquired a new stake in shares of Pool in the 3rd quarter valued at $40,750,000. Finally, Lord Abbett & CO. LLC boosted its holdings in Pool by 44.3% in 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 in the last quarter. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

Pool Stock Performance

NASDAQ POOL opened at $344.28 on Friday. The company’s fifty day moving average is $346.40 and its two-hundred day moving average is $356.30. 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 current ratio of 2.39 and a quick ratio of 0.77. The firm has a market capitalization of $13.10 billion, a price-to-earnings ratio of 29.63, a P/E/G ratio of 1.92 and a beta of 1.03.

Analyst Upgrades and Downgrades

POOL has been the topic of several recent research reports. StockNews.com lowered Pool from a “hold” rating to a “sell” rating in a report on Saturday, February 8th. Oppenheimer raised their price objective on Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a research note on Monday, October 28th. Stifel Nicolaus upped their target price on Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a research report on Monday, October 28th. Loop Capital boosted their price objective on shares of Pool from $345.00 to $395.00 and gave the stock a “hold” rating in a research note on Friday, October 25th. Finally, Wells Fargo & Company decreased their price objective on shares of Pool from $370.00 to $360.00 and set an “equal weight” rating for the company in a report on Tuesday, February 4th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned 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 $368.00.

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.