Everpar Advisors LLC Acquires New Shares in Pool Co. (NASDAQ:POOL)

Everpar Advisors LLC bought a new position in shares of Pool Co. (NASDAQ:POOL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,893 shares of the specialty retailer’s stock, valued at approximately $1,153,000.

Several other institutional investors have also recently bought and sold shares of POOL. Turtle Creek Wealth Advisors LLC bought a new position in Pool during the 4th quarter worth $28,000. Stuart Chaussee & Associates Inc. boosted its holdings in Pool by 250.0% in the fourth quarter. Stuart Chaussee & Associates Inc. now owns 77 shares of the specialty retailer’s stock valued at $31,000 after acquiring an additional 55 shares during the last quarter. CVA Family Office LLC acquired a new stake in Pool during the 4th quarter valued at approximately $34,000. Lindbrook Capital LLC raised its holdings in Pool by 73.7% during the 4th quarter. Lindbrook Capital LLC now owns 99 shares of the specialty retailer’s stock worth $39,000 after purchasing an additional 42 shares during the last quarter. Finally, Huntington National Bank lifted its position in shares of Pool by 96.7% in the 3rd quarter. Huntington National Bank now owns 118 shares of the specialty retailer’s stock worth $42,000 after purchasing an additional 58 shares during the period. Institutional investors and hedge funds own 98.99% of the company’s stock.

Pool Stock Down 1.8 %

POOL traded down $6.86 during trading on Wednesday, hitting $365.82. 272,091 shares of the company’s stock were exchanged, compared to its average volume of 335,594. The company has a quick ratio of 0.56, a current ratio of 1.88 and a debt-to-equity ratio of 0.70. Pool Co. has a fifty-two week low of $307.77 and a fifty-two week high of $422.73. The stock has a market cap of $14.02 billion, a P/E ratio of 29.16, a PEG ratio of 3.80 and a beta of 1.01. The business’s 50 day moving average is $389.87 and its two-hundred day moving average is $375.37.

Pool (NASDAQ:POOL) last issued 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 company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.13 billion. Pool had a return on equity of 35.49% and a net margin of 9.17%. The business’s revenue for the quarter was down 7.1% on a year-over-year basis. During the same period in the prior year, the firm posted $2.46 earnings per share. As a group, equities analysts expect that Pool Co. will post 13.02 earnings per share for the current fiscal year.

Pool Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 30th. Shareholders of record on Thursday, May 16th will be given a $1.20 dividend. This is an increase from Pool’s previous quarterly dividend of $1.10. This represents a $4.80 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date is Wednesday, May 15th. Pool’s dividend payout ratio (DPR) is currently 34.43%.

Insider Buying and Selling at Pool

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on POOL shares. Oppenheimer decreased their price objective on shares of Pool from $436.00 to $416.00 and set an “outperform” rating for the company in a research report on Monday, April 29th. Stifel Nicolaus decreased their price target on Pool from $370.00 to $360.00 and set a “hold” rating for the company in a report on Monday, April 29th. Finally, TheStreet downgraded Pool from a “b” rating to a “c+” rating in a research note on Thursday, February 22nd. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $391.80.

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.