CHICAGO TRUST Co NA Sells 100 Shares of Pool Co. (NASDAQ:POOL)

CHICAGO TRUST Co NA lowered its holdings in Pool Co. (NASDAQ:POOL) by 3.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,885 shares of the specialty retailer’s stock after selling 100 shares during the quarter. CHICAGO TRUST Co NA’s holdings in Pool were worth $984,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of POOL. Brooklyn Investment Group bought a new position in Pool in the third quarter worth approximately $31,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Pool during the 3rd quarter worth $60,000. Whittier Trust Co. of Nevada Inc. boosted its position in Pool by 101.2% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 326 shares of the specialty retailer’s stock valued at $123,000 after purchasing an additional 164 shares in the last quarter. Hilltop National Bank grew its stake in Pool by 18.1% in the fourth quarter. Hilltop National Bank now owns 412 shares of the specialty retailer’s stock valued at $140,000 after purchasing an additional 63 shares during the last quarter. Finally, GAMMA Investing LLC raised its holdings in Pool by 24.8% in the third quarter. GAMMA Investing LLC now owns 402 shares of the specialty retailer’s stock worth $151,000 after purchasing an additional 80 shares in the last quarter. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on POOL shares. Loop Capital lifted their price objective on shares of Pool from $345.00 to $395.00 and gave the stock a “hold” rating in a research report on Friday, October 25th. Oppenheimer upped their price target on Pool from $380.00 to $386.00 and gave the stock an “outperform” rating in a research report on Monday, October 28th. StockNews.com upgraded Pool from a “sell” rating to a “hold” rating in a research note on Saturday. Wells Fargo & Company increased their price target on Pool from $330.00 to $370.00 and gave the company an “equal weight” rating in a research note on Monday, October 7th. Finally, Stifel Nicolaus boosted their price target on Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a research note on Monday, October 28th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Pool currently has an average rating of “Hold” and a consensus target price of $369.25.

Pool Stock Performance

POOL traded up $3.60 during trading on Monday, reaching $330.00. 170,426 shares of the company’s stock were exchanged, compared to its average volume of 385,412. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.39 and a quick ratio of 0.77. Pool Co. has a 1 year low of $293.51 and a 1 year high of $422.73. The company’s fifty day simple moving average is $358.49 and its 200-day simple moving average is $352.87. The stock has a market capitalization of $12.56 billion, a P/E ratio of 28.40, a price-to-earnings-growth ratio of 2.20 and a beta of 1.03.

Pool (NASDAQ:POOL) last issued its earnings results on Thursday, October 24th. The specialty retailer reported $3.26 EPS for the quarter, topping analysts’ consensus estimates of $3.15 by $0.11. The firm had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.40 billion. Pool had a return on equity of 31.89% and a net margin of 8.42%. The company’s revenue was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.50 earnings per share. As a group, research analysts predict that Pool Co. will post 11.02 earnings per share for the current fiscal year.

Pool Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were paid a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 1.45%. The ex-dividend date was Wednesday, November 13th. Pool’s dividend payout ratio is currently 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.