Pool Co. (NASDAQ:POOL) SVP Jennifer M. Neil Sells 1,223 Shares

Pool Co. (NASDAQ:POOL) SVP Jennifer M. Neil sold 1,223 shares of the business’s stock in a transaction dated Monday, March 31st. The shares were sold at an average price of $315.00, for a total value of $385,245.00. Following the sale, the senior vice president now owns 9,667 shares in the company, valued at approximately $3,045,105. The trade was a 11.23 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Pool Stock Performance

Shares of POOL traded down $0.22 during trading hours on Tuesday, hitting $318.13. The stock had a trading volume of 375,393 shares, compared to its average volume of 368,467. The firm has a market capitalization of $11.97 billion, a price-to-earnings ratio of 28.20, a PEG ratio of 2.03 and a beta of 1.05. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.77 and a current ratio of 2.05. The firm has a 50-day moving average price of $339.95 and a 200 day moving average price of $353.40. Pool Co. has a fifty-two week low of $293.51 and a fifty-two week high of $403.61.

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

Pool Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th were paid a $1.20 dividend. The ex-dividend date was Wednesday, March 12th. This represents a $4.80 dividend on an annualized basis and a yield of 1.51%. Pool’s dividend payout ratio is currently 42.55%.

Institutional Investors Weigh In On Pool

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Rakuten Securities Inc. grew its position in shares of Pool by 2,300.0% in the fourth quarter. Rakuten Securities Inc. now owns 72 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 69 shares during the period. Atala Financial Inc acquired a new position in shares of Pool during the 4th quarter worth about $29,000. Sierra Ocean LLC purchased a new position in Pool in the 4th quarter valued at about $30,000. FWL Investment Management LLC acquired a new stake in Pool in the 4th quarter worth about $39,000. Finally, Private Trust Co. NA increased its stake in Pool by 76.9% during the 4th quarter. Private Trust Co. NA now owns 138 shares of the specialty retailer’s stock worth $47,000 after buying an additional 60 shares in the last quarter. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Analyst Ratings Changes

POOL has been the topic of a number of recent research reports. StockNews.com lowered Pool from a “hold” rating to a “sell” rating in a research report on Friday, February 28th. Wells Fargo & Company dropped their price objective on shares of Pool from $370.00 to $360.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 4th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Pool in a report on Tuesday. They set a “hold” rating and a $344.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $365.33.

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.