YANKCOM Partnership Acquires Shares of 180 Pool Co. (NASDAQ:POOL)

YANKCOM Partnership bought a new position in shares of Pool Co. (NASDAQ:POOL) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 180 shares of the specialty retailer’s stock, valued at approximately $61,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cetera Investment Advisers boosted its stake in Pool by 6.6% in the second quarter. Cetera Investment Advisers now owns 7,522 shares of the specialty retailer’s stock valued at $2,312,000 after acquiring an additional 464 shares during the period. Czech National Bank boosted its position in shares of Pool by 6.7% during the third quarter. Czech National Bank now owns 7,793 shares of the specialty retailer’s stock worth $2,936,000 after buying an additional 489 shares during the period. GAMMA Investing LLC raised its holdings in Pool by 24.8% during 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. Atomi Financial Group Inc. raised its holdings in Pool by 8.2% during the third quarter. Atomi Financial Group Inc. now owns 1,563 shares of the specialty retailer’s stock worth $589,000 after purchasing an additional 118 shares in the last quarter. Finally, CWM LLC raised its holdings in Pool by 3.7% during the third quarter. CWM LLC now owns 777 shares of the specialty retailer’s stock worth $293,000 after purchasing an additional 28 shares in the last quarter. 98.99% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on POOL shares. Loop Capital upped their price target on Pool from $345.00 to $395.00 and gave the company a “hold” rating in a report on Friday, October 25th. Oppenheimer boosted their price target on shares of Pool from $380.00 to $386.00 and gave the company an “outperform” rating in a report on Monday, October 28th. Stifel Nicolaus upped their price objective on shares of Pool from $335.00 to $340.00 and gave the stock a “hold” rating in a report on Monday, October 28th. Robert W. Baird upped their price objective on shares of Pool from $377.00 to $408.00 and gave the stock a “neutral” rating in a report on Wednesday, October 16th. Finally, StockNews.com upgraded shares of Pool from a “sell” rating to a “hold” rating in a report on Friday, January 31st. One 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. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $368.00.

Pool Stock Performance

Shares of Pool stock opened at $338.01 on Friday. The company has a 50 day moving average of $351.74 and a 200-day moving average of $356.96. Pool Co. has a 1-year low of $293.51 and a 1-year high of $422.73. The company has a current ratio of 2.39, a quick ratio of 0.77 and a debt-to-equity ratio of 0.61. The company has a market cap of $12.86 billion, a PE ratio of 29.09, a price-to-earnings-growth ratio of 1.93 and a beta of 1.03.

Pool Company 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.