Empower Advisory Group LLC Acquires 9,589 Shares of Pool Co. (NASDAQ:POOL)

Empower Advisory Group LLC lifted its holdings in Pool Co. (NASDAQ:POOL - Free Report) by 5.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 189,397 shares of the specialty retailer's stock after buying an additional 9,589 shares during the period. Empower Advisory Group LLC owned about 0.50% of Pool worth $64,573,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. CWM LLC grew its stake in Pool by 3.7% during the 3rd quarter. CWM LLC now owns 777 shares of the specialty retailer's stock valued at $293,000 after acquiring an additional 28 shares in the last quarter. Exchange Traded Concepts LLC acquired a new stake in shares of Pool during the third quarter worth approximately $160,000. Creative Planning boosted its holdings in shares of Pool by 1.0% during the third quarter. Creative Planning now owns 5,682 shares of the specialty retailer's stock worth $2,141,000 after purchasing an additional 59 shares during the period. Net Worth Advisory Group purchased a new position in Pool during the third quarter valued at approximately $264,000. Finally, Blue Trust Inc. increased its stake in Pool by 188.2% in the 3rd quarter. Blue Trust Inc. now owns 709 shares of the specialty retailer's stock valued at $267,000 after buying an additional 463 shares during the period. Hedge funds and other institutional investors own 98.99% of the company's stock.

Pool Stock Performance

Shares of POOL stock traded down $0.32 during trading on Friday, reaching $344.00. The company had a trading volume of 780,403 shares, compared to its average volume of 389,321. The firm's 50 day simple moving average is $343.47 and its two-hundred day simple moving average is $355.62. Pool Co. has a one year low of $293.51 and a one year high of $422.73. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.39 and a quick ratio of 0.77. The company has a market capitalization of $13.09 billion, a PE ratio of 29.60, a PEG ratio of 1.93 and a beta of 1.03.

Pool (NASDAQ:POOL - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The specialty retailer reported $0.97 EPS for the quarter, beating analysts' consensus estimates of $0.89 by $0.08. The company had revenue of $987.48 million for the quarter, compared to analyst estimates of $961.04 million. Pool had a net margin of 8.42% and a return on equity of 31.89%. Sell-side analysts forecast that Pool Co. will post 11.05 earnings per share for the current year.

Analyst Upgrades and Downgrades

POOL has been the subject of a number of research reports. Loop Capital lifted their target price 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. StockNews.com raised Pool from a "sell" rating to a "hold" rating in a research report on Thursday. Stifel Nicolaus upped their target price 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 for the company in a report on Tuesday, February 4th. Finally, Oppenheimer boosted their price target on Pool from $380.00 to $386.00 and gave the company an "outperform" rating in a research note on Monday, October 28th. One research 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's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $368.00.

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.