10,968 Shares in Pool Co. (NASDAQ:POOL) Purchased by B. Metzler seel. Sohn & Co. Holding AG

B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of Pool Co. (NASDAQ:POOL - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 10,968 shares of the specialty retailer's stock, valued at approximately $4,133,000.

Other large investors have also bought and sold shares of the company. Tortoise Investment Management LLC increased its position in shares of Pool by 68.9% during the second quarter. Tortoise Investment Management LLC now owns 103 shares of the specialty retailer's stock worth $32,000 after buying an additional 42 shares during the period. Crewe Advisors LLC grew its holdings in Pool by 232.4% during the 2nd quarter. Crewe Advisors LLC now owns 113 shares of the specialty retailer's stock worth $35,000 after acquiring an additional 79 shares during the period. UMB Bank n.a. raised its position in shares of Pool by 26.2% in the 2nd quarter. UMB Bank n.a. now owns 207 shares of the specialty retailer's stock worth $64,000 after acquiring an additional 43 shares in the last quarter. Ridgewood Investments LLC acquired a new position in shares of Pool in the 2nd quarter valued at about $74,000. Finally, Summit Securities Group LLC bought a new stake in shares of Pool during the 2nd quarter valued at about $75,000. 98.99% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

POOL has been the topic of a number of research analyst reports. StockNews.com upgraded Pool from a "sell" rating to a "hold" rating in a report on Saturday, November 2nd. Stifel Nicolaus upped their price objective on shares of Pool from $335.00 to $340.00 and gave the company a "hold" rating in a report on Monday, October 28th. The Goldman Sachs Group raised their target price on Pool from $365.00 to $415.00 and gave the company a "buy" rating in a research note on Friday, July 26th. Oppenheimer increased their price target on Pool from $380.00 to $386.00 and gave the stock an "outperform" rating in a report on Monday, October 28th. Finally, Loop Capital boosted their price objective on Pool from $345.00 to $395.00 and gave the company a "hold" rating in a report on Friday, October 25th. One research analyst has rated the stock with a sell rating, six 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 an average rating of "Hold" and a consensus target price of $369.11.

Pool Stock Down 0.5 %

POOL opened at $360.98 on Thursday. Pool Co. has a fifty-two week low of $293.51 and a fifty-two week high of $422.73. The firm has a market capitalization of $13.74 billion, a P/E ratio of 31.07, a PEG ratio of 2.20 and a beta of 1.01. The company's 50-day moving average is $365.35 and its 200 day moving average is $352.38. 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 (NASDAQ:POOL - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The specialty retailer reported $3.26 EPS for the quarter, beating analysts' consensus estimates of $3.15 by $0.11. The company had revenue of $1.43 billion during 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%. Pool's revenue was down 2.8% on a year-over-year basis. During the same period last year, the business posted $3.50 earnings per share. Research analysts expect that Pool Co. will post 11 earnings per share for the current fiscal year.

Pool Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be given a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend is Wednesday, November 13th. Pool's dividend payout ratio is 41.31%.

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.