Asset Management One Co. Ltd. trimmed its holdings in Pool Co. (NASDAQ:POOL - Free Report) by 9.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,191 shares of the specialty retailer's stock after selling 3,090 shares during the period. Asset Management One Co. Ltd. owned 0.08% of Pool worth $10,378,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also made changes to their positions in the stock. JPMorgan Chase & Co. lifted its stake in Pool by 22.7% in 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 lifted its stake in shares of Pool by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 964,343 shares of the specialty retailer's stock valued at $362,196,000 after acquiring an additional 6,232 shares during the last quarter. Wasatch Advisors LP lifted its stake in shares of Pool by 0.6% in the 3rd quarter. Wasatch Advisors LP now owns 565,339 shares of the specialty retailer's stock valued at $213,020,000 after acquiring an additional 3,428 shares during the last quarter. Berkshire Hathaway Inc acquired a new stake in shares of Pool during the 3rd quarter valued at $152,249,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Pool by 1.3% during 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 worth $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.
Analysts Set New Price Targets
Several research analysts recently issued reports on POOL shares. StockNews.com raised Pool from a "sell" rating to a "hold" rating in a research report on Thursday. Wells Fargo & Company reduced their target price on Pool from $370.00 to $360.00 and set an "equal weight" rating for the company in a research note on Tuesday, February 4th. Loop Capital boosted their price target 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. Oppenheimer raised their price objective on Pool from $380.00 to $386.00 and gave the company an "outperform" rating in a research note on Monday, October 28th. Finally, Stifel Nicolaus increased their price target on Pool from $335.00 to $340.00 and gave the company a "hold" rating in a research report on Monday, October 28th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $368.00.
Get Our Latest Stock Report on Pool
Pool Stock Performance
POOL traded down $0.32 during trading on Friday, hitting $344.00. The company's stock had a trading volume of 780,403 shares, compared to its average volume of 389,321. The business's 50 day simple moving average is $343.47 and its 200-day simple moving average is $355.62. The firm has a market cap of $13.09 billion, a PE ratio of 29.60, a P/E/G ratio of 1.93 and a beta of 1.03. Pool Co. has a one year low of $293.51 and a one year high of $422.73. The company has a quick ratio of 0.77, a current ratio of 2.39 and a debt-to-equity ratio of 0.61.
Pool (NASDAQ:POOL - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The specialty retailer reported $0.97 EPS for the quarter, beating the consensus estimate of $0.89 by $0.08. Pool had a net margin of 8.42% and a return on equity of 31.89%. The firm had revenue of $987.48 million for the quarter, compared to the consensus estimate of $961.04 million. As a group, sell-side analysts predict that Pool Co. will post 11.05 EPS for the current fiscal year.
Pool Profile
(
Free Report)
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.
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