Teachers Advisors LLC Grows Position in Pool Co. (POOL)

Teachers Advisors LLC increased its holdings in Pool Co. (NASDAQ:POOL) by 4.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,542 shares of the specialty retailer’s stock after purchasing an additional 2,350 shares during the quarter. Teachers Advisors LLC owned 0.13% of Pool worth $8,768,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its holdings in Pool by 3.7% in the second quarter. Dimensional Fund Advisors LP now owns 279,939 shares of the specialty retailer’s stock valued at $42,412,000 after acquiring an additional 10,065 shares during the last quarter. FMR LLC lifted its holdings in Pool by 5.6% in the second quarter. FMR LLC now owns 1,156,051 shares of the specialty retailer’s stock valued at $175,142,000 after acquiring an additional 61,632 shares during the last quarter. BB&T Securities LLC lifted its holdings in Pool by 37.8% in the second quarter. BB&T Securities LLC now owns 7,994 shares of the specialty retailer’s stock valued at $1,210,000 after acquiring an additional 2,193 shares during the last quarter. Raymond James & Associates lifted its holdings in Pool by 3.3% in the second quarter. Raymond James & Associates now owns 136,195 shares of the specialty retailer’s stock valued at $20,634,000 after acquiring an additional 4,312 shares during the last quarter. Finally, First Republic Investment Management Inc. lifted its holdings in Pool by 7.4% in the second quarter. First Republic Investment Management Inc. now owns 5,764 shares of the specialty retailer’s stock valued at $873,000 after acquiring an additional 399 shares during the last quarter. Institutional investors and hedge funds own 94.39% of the company’s stock.

In other news, CEO De La Mesa Manuel J. Perez sold 10,300 shares of the company’s stock in a transaction on Thursday, November 29th. The stock was sold at an average price of $160.98, for a total transaction of $1,658,094.00. Following the sale, the chief executive officer now owns 69,001 shares of the company’s stock, valued at $11,107,780.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO De La Mesa Manuel J. Perez sold 20,448 shares of the company’s stock in a transaction on Monday, December 3rd. The stock was sold at an average price of $162.28, for a total value of $3,318,301.44. Following the sale, the chief executive officer now directly owns 69,001 shares in the company, valued at approximately $11,197,482.28. The disclosure for this sale can be found here. 6.00% of the stock is currently owned by corporate insiders.

Shares of NASDAQ POOL opened at $151.82 on Friday. The company has a market capitalization of $6.18 billion, a price-to-earnings ratio of 38.05, a PEG ratio of 1.06 and a beta of 1.05. The company has a debt-to-equity ratio of 1.53, a quick ratio of 1.18 and a current ratio of 3.29. Pool Co. has a 52-week low of $123.88 and a 52-week high of $175.87.

Pool (NASDAQ:POOL) last announced its earnings results on Thursday, October 18th. The specialty retailer reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.58 by $0.08. The company had revenue of $811.31 million for the quarter. Pool had a return on equity of 78.04% and a net margin of 8.21%. The firm’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.16 EPS. Analysts predict that Pool Co. will post 5.66 earnings per share for the current fiscal year.

A number of research firms recently commented on POOL. Jefferies Financial Group assumed coverage on Pool in a report on Friday, October 12th. They issued a “hold” rating and a $145.00 price objective on the stock. Robert W. Baird cut their target price on Pool from $163.00 to $155.00 and set a “neutral” rating on the stock in a research report on Friday, October 19th. BidaskClub lowered Pool from a “buy” rating to a “hold” rating in a research report on Friday, October 12th. Finally, Zacks Investment Research raised Pool from a “hold” rating to a “buy” rating and set a $166.00 target price on the stock in a research report on Monday, October 15th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Pool currently has an average rating of “Hold” and a consensus target price of $155.80.

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About Pool

Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in North America, Europe, South America, and Australia. 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; packaged pool kits comprising walls, liners, braces, and coping for in-ground and above-ground pools; pool equipment and components for new pool construction and the remodeling of existing pools; and irrigation and landscape products consisting of irrigation system components, and professional lawn care equipment and supplies.

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Institutional Ownership by Quarter for Pool (NASDAQ:POOL)

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