BankPlus Trust Department Takes $146,000 Position in Pool Co. (NASDAQ:POOL)

BankPlus Trust Department acquired a new stake in Pool Co. (NASDAQ:POOL) in the fourth quarter, Holdings Channel.com reports. The firm acquired 428 shares of the specialty retailer’s stock, valued at approximately $146,000.

A number of other large investors also recently modified their holdings of the company. Empirical Finance LLC boosted its position in shares of Pool by 3.7% in the third quarter. Empirical Finance LLC now owns 1,103 shares of the specialty retailer’s stock valued at $416,000 after acquiring an additional 39 shares during the period. Second Line Capital LLC boosted its position in shares of Pool by 4.8% in the third quarter. Second Line Capital LLC now owns 853 shares of the specialty retailer’s stock valued at $322,000 after acquiring an additional 39 shares during the period. Venturi Wealth Management LLC boosted its position in shares of Pool by 4.0% in the fourth quarter. Venturi Wealth Management LLC now owns 1,122 shares of the specialty retailer’s stock valued at $383,000 after acquiring an additional 43 shares during the period. Sugarloaf Wealth Management LLC boosted its position in shares of Pool by 10.1% in the fourth quarter. Sugarloaf Wealth Management LLC now owns 579 shares of the specialty retailer’s stock valued at $197,000 after acquiring an additional 53 shares during the period. Finally, TD Private Client Wealth LLC boosted its position in shares of Pool by 0.8% in the third quarter. TD Private Client Wealth LLC now owns 7,250 shares of the specialty retailer’s stock valued at $2,732,000 after acquiring an additional 54 shares during the period. 98.99% of the stock is currently owned by institutional investors.

Pool Trading Up 0.2 %

POOL stock opened at $344.73 on Tuesday. The company has a market capitalization of $13.12 billion, a PE ratio of 30.56, a price-to-earnings-growth ratio of 2.03 and a beta of 1.03. Pool Co. has a one year low of $293.51 and a one year high of $422.73. The company’s 50 day moving average price is $343.12 and its two-hundred day moving average price is $355.63. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.77 and a current ratio of 2.05.

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on POOL shares. Stifel Nicolaus raised their price objective on shares of Pool from $335.00 to $340.00 and gave the company a “hold” rating in a research report on Monday, October 28th. StockNews.com upgraded shares of Pool from a “sell” rating to a “hold” rating in a research report on Thursday, February 20th. Wells Fargo & Company dropped 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 report on Tuesday, February 4th. Finally, Oppenheimer lifted their target price on shares of Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a research report on Monday, October 28th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $368.00.

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.