Premier Fund Managers Ltd decreased its stake in Pool Co. (NASDAQ:POOL) by 25.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,400 shares of the specialty retailer’s stock after selling 18,200 shares during the period. Premier Fund Managers Ltd owned 0.13% of Pool worth $19,253,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. SG Americas Securities LLC grew its holdings in shares of Pool by 63.0% in the 4th quarter. SG Americas Securities LLC now owns 18,284 shares of the specialty retailer’s stock valued at $6,811,000 after acquiring an additional 7,068 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Pool in the 4th quarter valued at about $187,000. AQR Capital Management LLC grew its holdings in shares of Pool by 19.1% in the 3rd quarter. AQR Capital Management LLC now owns 47,376 shares of the specialty retailer’s stock valued at $15,793,000 after acquiring an additional 7,601 shares in the last quarter. UBS Asset Management Americas Inc. grew its holdings in shares of Pool by 2.1% in the 3rd quarter. UBS Asset Management Americas Inc. now owns 104,318 shares of the specialty retailer’s stock valued at $34,899,000 after acquiring an additional 2,157 shares in the last quarter. Finally, Cubist Systematic Strategies LLC bought a new position in Pool during the third quarter worth about $4,926,000. Institutional investors own 90.62% of the company’s stock.
POOL stock traded down $3.40 during mid-day trading on Tuesday, hitting $311.03. 2,690 shares of the company were exchanged, compared to its average volume of 368,878. The business has a 50 day simple moving average of $358.46 and a 200-day simple moving average of $342.82. The company has a current ratio of 2.21, a quick ratio of 0.94 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $12.49 billion, a PE ratio of 39.40 and a beta of 0.72. Pool Co. has a 1-year low of $160.35 and a 1-year high of $401.29.
Pool (NASDAQ:POOL) last issued its quarterly earnings data on Wednesday, February 10th. The specialty retailer reported $1.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.77 by $0.68. Pool had a net margin of 8.85% and a return on equity of 70.48%. Equities research analysts expect that Pool Co. will post 8.43 earnings per share for the current year.
A number of equities analysts recently commented on the company. Stephens assumed coverage on Pool in a report on Wednesday, November 11th. They set an “equal weight” rating for the company. Jefferies Financial Group lifted their price target on Pool from $350.00 to $400.00 and gave the stock a “hold” rating in a report on Friday, January 15th. Five investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $302.67.
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; fiberglass pools, and spas and 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 related products consisting of irrigation system components, and professional lawn care equipment and supplies.
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