World Equity Group Inc. Makes New $272,000 Investment in Pool Co. (NASDAQ:POOL)

World Equity Group Inc. acquired a new position in Pool Co. (NASDAQ:POOL) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 798 shares of the specialty retailer’s stock, valued at approximately $272,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Empirical Finance LLC lifted its holdings in Pool by 3.7% in the third quarter. Empirical Finance LLC now owns 1,103 shares of the specialty retailer’s stock worth $416,000 after buying an additional 39 shares during the period. Second Line Capital LLC lifted its holdings in Pool by 4.8% in the third quarter. Second Line Capital LLC now owns 853 shares of the specialty retailer’s stock worth $322,000 after buying an additional 39 shares during the period. Venturi Wealth Management LLC lifted its holdings in Pool by 4.0% in the fourth quarter. Venturi Wealth Management LLC now owns 1,122 shares of the specialty retailer’s stock worth $383,000 after buying an additional 43 shares during the period. Sugarloaf Wealth Management LLC lifted its holdings in Pool by 10.1% in the fourth quarter. Sugarloaf Wealth Management LLC now owns 579 shares of the specialty retailer’s stock worth $197,000 after buying an additional 53 shares during the period. Finally, TD Private Client Wealth LLC lifted its holdings in Pool by 0.8% in the third quarter. TD Private Client Wealth LLC now owns 7,250 shares of the specialty retailer’s stock worth $2,732,000 after buying an additional 54 shares during the period. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on POOL shares. Oppenheimer lifted their target price on shares of Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a report on Monday, October 28th. StockNews.com upgraded shares of Pool from a “sell” rating to a “hold” rating in a report on Thursday, February 20th. Wells Fargo & Company lowered their target price 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. Finally, Stifel Nicolaus lifted their target price 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 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. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $368.00.

Pool Price Performance

Shares of NASDAQ POOL opened at $344.73 on Tuesday. Pool Co. has a twelve month low of $293.51 and a twelve month high of $422.73. The firm has a market cap of $13.12 billion, a P/E ratio of 30.56, a PEG ratio of 2.03 and a beta of 1.03. The company has a 50 day moving average of $343.12 and a 200 day moving average of $355.63. The company has a quick ratio of 0.77, a current ratio of 2.05 and a debt-to-equity ratio of 0.71.

Pool (NASDAQ:POOL) last announced its quarterly earnings data on Thursday, February 20th. The specialty retailer reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.08. Pool had a net margin of 8.18% and a return on equity of 31.11%. The company had revenue of $987.48 million during the quarter, compared to analyst estimates of $961.04 million. As a group, research analysts expect that Pool Co. will post 11.32 EPS for the current fiscal year.

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.