Summit Trail Advisors LLC Has $235,000 Stock Holdings in Pool Co. (NASDAQ:POOL)

Summit Trail Advisors LLC raised its position in shares of Pool Co. (NASDAQ:POOL) by 10.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 690 shares of the specialty retailer’s stock after purchasing an additional 67 shares during the period. Summit Trail Advisors LLC’s holdings in Pool were worth $235,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in POOL. JPMorgan Chase & Co. grew its holdings in shares of Pool by 22.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,260,313 shares of the specialty retailer’s stock valued at $474,886,000 after purchasing an additional 232,914 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Pool by 0.7% during the third quarter. Geode Capital Management LLC now owns 964,343 shares of the specialty retailer’s stock worth $362,196,000 after buying an additional 6,232 shares during the last quarter. Wasatch Advisors LP grew its stake in shares of Pool by 0.6% during the third quarter. Wasatch Advisors LP now owns 565,339 shares of the specialty retailer’s stock worth $213,020,000 after buying an additional 3,428 shares during the last quarter. Berkshire Hathaway Inc acquired a new position in shares of Pool during the third quarter worth $152,249,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Pool by 1.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 260,333 shares of the specialty retailer’s stock valued at $98,093,000 after acquiring an additional 3,268 shares during the last quarter. 98.99% of the stock is currently owned by institutional investors.

Pool Stock Down 0.3 %

Shares of NASDAQ POOL opened at $335.45 on Thursday. The company’s 50 day moving average price is $347.65 and its 200-day moving average price is $356.59. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.77 and a current ratio of 2.39. Pool Co. has a 52-week low of $293.51 and a 52-week high of $422.73. The company has a market capitalization of $12.77 billion, a P/E ratio of 28.87, a price-to-earnings-growth ratio of 1.92 and a beta of 1.03.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on POOL shares. Stifel Nicolaus boosted their price objective on Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a research report on Monday, October 28th. Wells Fargo & Company reduced their price target on Pool from $370.00 to $360.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 4th. Loop Capital raised their price objective on shares of Pool from $345.00 to $395.00 and gave the company a “hold” rating in a report on Friday, October 25th. StockNews.com lowered shares of Pool from a “hold” rating to a “sell” rating in a report on Saturday, February 8th. Finally, Oppenheimer raised their price target 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. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $368.00.

Pool Profile

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.