Fiducient Advisors LLC Makes New $722,000 Investment in Pool Co. (NASDAQ:POOL)

Fiducient Advisors LLC acquired a new position in shares of Pool Co. (NASDAQ:POOL - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 2,117 shares of the specialty retailer's stock, valued at approximately $722,000.

A number of other institutional investors have also modified their holdings of POOL. Rakuten Securities Inc. lifted its position in Pool by 2,300.0% in the 4th quarter. Rakuten Securities Inc. now owns 72 shares of the specialty retailer's stock valued at $25,000 after purchasing an additional 69 shares during the last quarter. Atala Financial Inc acquired a new stake in shares of Pool in the 4th quarter worth approximately $29,000. Sierra Ocean LLC acquired a new position in shares of Pool during the fourth quarter valued at approximately $30,000. Private Trust Co. NA lifted its position in Pool by 76.9% in the fourth quarter. Private Trust Co. NA now owns 138 shares of the specialty retailer's stock worth $47,000 after purchasing an additional 60 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Pool during the 3rd quarter valued at $60,000. Institutional investors and hedge funds own 98.99% of the company's stock.

Pool Trading Up 1.6 %

Shares of NASDAQ POOL traded up $4.90 during midday trading on Friday, reaching $306.25. 508,436 shares of the stock were exchanged, compared to its average volume of 378,916. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.05 and a quick ratio of 0.77. The company has a market capitalization of $11.55 billion, a price-to-earnings ratio of 27.15, a P/E/G ratio of 2.03 and a beta of 1.13. Pool Co. has a 12 month low of $284.28 and a 12 month high of $395.60. The business has a 50-day simple moving average of $328.44 and a two-hundred day simple moving average of $347.54.

Pool (NASDAQ:POOL - Get Free Report) last released its earnings results on Thursday, February 20th. The specialty retailer reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.08. The business had revenue of $987.48 million during the quarter, compared to analysts' expectations of $961.04 million. Pool had a net margin of 8.18% and a return on equity of 31.11%. As a group, equities research analysts expect that Pool Co. will post 11.32 EPS for the current year.

Pool Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th were issued a $1.20 dividend. The ex-dividend date was Wednesday, March 12th. This represents a $4.80 annualized dividend and a dividend yield of 1.57%. Pool's dividend payout ratio is currently 42.55%.

Insider Buying and Selling

In related news, SVP Jennifer M. Neil sold 1,223 shares of the firm's stock in a transaction on Monday, March 31st. The stock was sold at an average price of $315.00, for a total value of $385,245.00. Following the transaction, the senior vice president now owns 9,667 shares in the company, valued at approximately $3,045,105. This trade represents a 11.23 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director De La Mesa Manuel J. Perez sold 10,000 shares of the company's stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $346.00, for a total transaction of $3,460,000.00. Following the sale, the director now directly owns 62,577 shares of the company's stock, valued at approximately $21,651,642. This trade represents a 13.78 % decrease in their position. The disclosure for this sale can be found here. 3.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several brokerages recently commented on POOL. StockNews.com downgraded shares of Pool from a "hold" rating to a "sell" rating in a research report on Friday, February 28th. Wells Fargo & Company decreased their target price on shares of Pool from $360.00 to $315.00 and set an "equal weight" rating for the company in a research note on Monday. Finally, Deutsche Bank Aktiengesellschaft began coverage on Pool in a research note on Tuesday, April 1st. They issued a "hold" rating and a $344.00 target price on the stock. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $360.33.

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.