Hantz Financial Services Inc. Has $11.96 Million Stock Position in Pool Co. (NASDAQ:POOL)

Hantz Financial Services Inc. lowered its stake in shares of Pool Co. (NASDAQ:POOL) by 4.0% during the third quarter, HoldingsChannel reports. The fund owned 31,745 shares of the specialty retailer’s stock after selling 1,318 shares during the quarter. Hantz Financial Services Inc.’s holdings in Pool were worth $11,962,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Kayne Anderson Rudnick Investment Management LLC grew its position in Pool by 1.6% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,102,921 shares of the specialty retailer’s stock worth $646,291,000 after purchasing an additional 33,955 shares during the last quarter. Blair William & Co. IL lifted its stake in shares of Pool by 1.3% in the second quarter. Blair William & Co. IL now owns 854,709 shares of the specialty retailer’s stock valued at $262,678,000 after buying an additional 11,059 shares during the period. Bank of New York Mellon Corp grew its position in Pool by 26.6% during the second quarter. Bank of New York Mellon Corp now owns 433,166 shares of the specialty retailer’s stock worth $133,125,000 after buying an additional 90,951 shares in the last quarter. American Century Companies Inc. increased its stake in Pool by 9.6% during the second quarter. American Century Companies Inc. now owns 430,300 shares of the specialty retailer’s stock valued at $132,244,000 after acquiring an additional 37,598 shares during the period. Finally, Envestnet Asset Management Inc. raised its holdings in Pool by 3.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 343,382 shares of the specialty retailer’s stock valued at $105,531,000 after acquiring an additional 12,152 shares in the last quarter. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on POOL shares. Robert W. Baird lifted their price objective on Pool from $377.00 to $408.00 and gave the stock a “neutral” rating in a report on Wednesday, October 16th. Wells Fargo & Company lifted their price target on shares of Pool from $330.00 to $370.00 and gave the stock an “equal weight” rating in a research note on Monday, October 7th. Loop Capital increased their price objective on shares of Pool from $345.00 to $395.00 and gave the company a “hold” rating in a research note on Friday, October 25th. StockNews.com upgraded shares of Pool from a “sell” rating to a “hold” rating in a research report on Saturday, November 2nd. Finally, Oppenheimer upped their target price on shares of Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a research note on Monday, October 28th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $369.11.

Pool Price Performance

Shares of POOL stock opened at $376.83 on Friday. Pool Co. has a 52 week low of $293.51 and a 52 week high of $422.73. The stock has a market capitalization of $14.34 billion, a PE ratio of 32.43, a PEG ratio of 2.29 and a beta of 1.01. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.77 and a current ratio of 2.39. The stock’s fifty day moving average is $366.95 and its 200-day moving average is $352.69.

Pool (NASDAQ:POOL) last posted its quarterly earnings data on Thursday, October 24th. The specialty retailer reported $3.26 earnings per share for the quarter, beating the consensus estimate of $3.15 by $0.11. Pool had a net margin of 8.42% and a return on equity of 31.89%. The firm had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same quarter last year, the company posted $3.50 EPS. The company’s quarterly revenue was down 2.8% compared to the same quarter last year. Equities research analysts expect that Pool Co. will post 10.98 EPS for the current fiscal year.

Pool Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were issued a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 1.27%. The ex-dividend date was Wednesday, November 13th. Pool’s dividend payout ratio is 41.31%.

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.