Pool Co. (NASDAQ:POOL) Shares Purchased by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT increased its position in shares of Pool Co. (NASDAQ:POOL) by 3.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 2,208 shares of the specialty retailer’s stock after acquiring an additional 75 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in Pool were worth $880,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of POOL. CWM LLC grew its holdings in Pool by 18.6% during the third quarter. CWM LLC now owns 645 shares of the specialty retailer’s stock worth $230,000 after acquiring an additional 101 shares during the period. Exchange Traded Concepts LLC purchased a new position in Pool in the 3rd quarter worth about $80,000. Koshinski Asset Management Inc. increased its stake in Pool by 9.1% in the 3rd quarter. Koshinski Asset Management Inc. now owns 633 shares of the specialty retailer’s stock worth $225,000 after purchasing an additional 53 shares in the last quarter. Oak Thistle LLC purchased a new position in Pool in the 3rd quarter worth about $432,000. Finally, Czech National Bank increased its stake in Pool by 47.7% in the 3rd quarter. Czech National Bank now owns 6,825 shares of the specialty retailer’s stock worth $2,430,000 after purchasing an additional 2,204 shares in the last quarter. 98.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

POOL has been the topic of a number of analyst reports. Oppenheimer lifted their price target on Pool from $407.00 to $436.00 and gave the stock an “outperform” rating in a research note on Thursday, March 28th. Stifel Nicolaus reissued a “hold” rating and issued a $370.00 price target on shares of Pool in a research note on Tuesday, March 5th. TheStreet cut Pool from a “b” rating to a “c+” rating in a research note on Thursday, February 22nd. Finally, Loop Capital cut Pool from a “buy” rating to a “hold” rating and lifted their price target for the stock from $380.00 to $415.00 in a research note on Monday, January 8th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $397.80.

Pool Stock Up 0.3 %

NASDAQ POOL traded up $1.17 during trading on Friday, reaching $371.17. 437,342 shares of the company’s stock were exchanged, compared to its average volume of 372,053. Pool Co. has a fifty-two week low of $307.77 and a fifty-two week high of $422.73. The firm has a market capitalization of $14.29 billion, a PE ratio of 29.04, a P/E/G ratio of 3.53 and a beta of 1.00. The company has a current ratio of 1.88, a quick ratio of 0.58 and a debt-to-equity ratio of 0.70. The company’s fifty day simple moving average is $392.78 and its 200-day simple moving average is $373.76.

Pool (NASDAQ:POOL) last announced its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $1.85 EPS for the quarter, missing analysts’ consensus estimates of $1.87 by ($0.02). The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.13 billion. Pool had a return on equity of 35.49% and a net margin of 9.17%. The company’s revenue was down 7.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.46 earnings per share. Sell-side analysts predict that Pool Co. will post 13.27 EPS for the current year.

Pool Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 14th were issued a dividend of $1.10 per share. The ex-dividend date was Wednesday, March 13th. This represents a $4.40 annualized dividend and a dividend yield of 1.19%. Pool’s dividend payout ratio is 34.43%.

Insider Buying and Selling

In other Pool news, General Counsel Jennifer M. Neil sold 1,100 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $401.00, for a total transaction of $441,100.00. Following the completion of the sale, the general counsel now owns 8,622 shares of the company’s stock, valued at $3,457,422. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.00% of the company’s stock.

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.