Blueshift Asset Management LLC Increases Holdings in Pool Co. (NASDAQ:POOL)

Blueshift Asset Management LLC increased its position in Pool Co. (NASDAQ:POOL - Free Report) by 82.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,825 shares of the specialty retailer's stock after purchasing an additional 825 shares during the quarter. Blueshift Asset Management LLC's holdings in Pool were worth $622,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Rakuten Securities Inc. grew its position in shares of Pool by 2,300.0% during the 4th quarter. Rakuten Securities Inc. now owns 72 shares of the specialty retailer's stock worth $25,000 after buying an additional 69 shares in the last quarter. Brooklyn Investment Group purchased a new stake in Pool in the third quarter worth about $31,000. Atala Financial Inc bought a new position in Pool during the 4th quarter worth about $29,000. Sierra Ocean LLC purchased a new position in Pool during the 4th quarter valued at about $30,000. Finally, Private Trust Co. NA increased its position in Pool by 76.9% during the 4th quarter. Private Trust Co. NA now owns 138 shares of the specialty retailer's stock valued at $47,000 after purchasing an additional 60 shares during the period. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

Pool Stock Down 0.1 %

POOL traded down $0.31 during trading on Tuesday, hitting $325.63. The stock had a trading volume of 364,729 shares, compared to its average volume of 363,656. The stock has a 50 day simple moving average of $342.43 and a two-hundred day simple moving average of $354.23. The company has a market capitalization of $12.25 billion, a PE ratio of 28.87, a PEG ratio of 2.03 and a beta of 1.05. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.77 and a current ratio of 2.05. Pool Co. has a twelve month low of $293.51 and a twelve month high of $418.32.

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Pool (NASDAQ:POOL - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The specialty retailer reported $0.97 earnings per share for the quarter, topping analysts' consensus estimates of $0.89 by $0.08. Pool had a return on equity of 31.11% and a net margin of 8.18%. The firm had revenue of $987.48 million during the quarter, compared to analysts' expectations of $961.04 million. On average, research analysts predict that Pool Co. will post 11.32 earnings per share for the current year.

Pool Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th will be issued a dividend of $1.20 per share. The ex-dividend date is Wednesday, March 12th. This represents a $4.80 annualized dividend and a dividend yield of 1.47%. Pool's dividend payout ratio (DPR) is currently 42.55%.

Insider Buying and Selling

In other Pool news, Director De La Mesa Manuel J. Perez sold 10,000 shares of the firm's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $346.00, for a total value of $3,460,000.00. Following the completion of the transaction, the director now owns 62,577 shares of the company's stock, valued at approximately $21,651,642. This trade represents a 13.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 3.00% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Wells Fargo & Company dropped their price objective on shares of Pool from $370.00 to $360.00 and set an "equal weight" rating on the stock in a research note on Tuesday, February 4th. StockNews.com cut Pool from a "hold" rating to a "sell" rating in a research report on Friday, February 28th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently 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.