GSA Capital Partners LLP Buys Shares of 2,996 Pool Co. (NASDAQ:POOL)

GSA Capital Partners LLP purchased a new stake in Pool Co. (NASDAQ:POOL - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 2,996 shares of the specialty retailer's stock, valued at approximately $1,129,000.

Other hedge funds have also modified their holdings of the company. International Assets Investment Management LLC lifted its position in shares of Pool by 37,863.6% during the 3rd quarter. International Assets Investment Management LLC now owns 137,808 shares of the specialty retailer's stock worth $51,926,000 after buying an additional 137,445 shares during the last quarter. M&G Plc purchased a new position in shares of Pool during the first quarter worth about $4,436,000. Toronto Dominion Bank increased its position in Pool by 16.1% in the 2nd quarter. Toronto Dominion Bank now owns 13,369 shares of the specialty retailer's stock valued at $4,109,000 after acquiring an additional 1,858 shares during the period. Torray Investment Partners LLC lifted its position in Pool by 16.8% during the 2nd quarter. Torray Investment Partners LLC now owns 14,128 shares of the specialty retailer's stock worth $4,342,000 after acquiring an additional 2,034 shares during the period. Finally, UniSuper Management Pty Ltd grew its stake in shares of Pool by 459.3% in the 1st quarter. UniSuper Management Pty Ltd now owns 2,724 shares of the specialty retailer's stock valued at $1,099,000 after purchasing an additional 2,237 shares during the last quarter. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

POOL has been the topic of several recent research reports. Stifel Nicolaus boosted their price objective on shares of Pool from $335.00 to $340.00 and gave the company a "hold" rating in a research note on Monday, October 28th. StockNews.com raised Pool from a "sell" rating to a "hold" rating in a report on Saturday, November 2nd. Robert W. Baird upped their price target on shares of Pool from $377.00 to $408.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 16th. The Goldman Sachs Group boosted their price objective on shares of Pool from $365.00 to $415.00 and gave the stock a "buy" rating in a report on Friday, July 26th. Finally, Loop Capital upped their price target on Pool from $345.00 to $395.00 and gave the stock a "hold" rating in a report on Friday, October 25th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $369.11.

Pool Trading Up 0.5 %

Shares of NASDAQ POOL traded up $1.93 during midday trading on Friday, reaching $359.42. 522,027 shares of the stock were exchanged, compared to its average volume of 348,077. Pool Co. has a 52-week low of $293.51 and a 52-week high of $422.73. The stock has a 50 day moving average price of $364.43 and a 200-day moving average price of $352.44. The company has a market capitalization of $13.68 billion, a P/E ratio of 30.93, a P/E/G ratio of 2.13 and a beta of 1.01. The company has a current ratio of 2.39, a quick ratio of 0.77 and a debt-to-equity ratio of 0.61.

Pool (NASDAQ:POOL - Get Free Report) last issued its earnings results on Thursday, October 24th. The specialty retailer reported $3.26 earnings per share for the quarter, topping the consensus estimate of $3.15 by $0.11. Pool had a return on equity of 31.89% and a net margin of 8.42%. The business had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same period last year, the company posted $3.50 EPS. The business's quarterly revenue was down 2.8% on a year-over-year basis. Equities research analysts expect that Pool Co. will post 11 earnings per share for the current fiscal year.

Pool Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be issued a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date is Wednesday, November 13th. Pool's dividend payout ratio is presently 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.