Pool Co. (NASDAQ:POOL - Get Free Report) SVP Jennifer M. Neil sold 1,223 shares of the firm's stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $315.00, for a total transaction of $385,245.00. Following the sale, the senior vice president now owns 9,667 shares in the company, valued at $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 SEC, which is accessible through this link.
Pool Stock Down 1.4 %
POOL traded down $4.46 during trading on Friday, reaching $309.40. 300,608 shares of the stock were exchanged, compared to its average volume of 370,747. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.77 and a current ratio of 2.05. The stock's 50 day moving average price is $337.47 and its two-hundred day moving average price is $352.67. Pool Co. has a twelve month low of $293.51 and a twelve month high of $402.45. The stock has a market cap of $11.67 billion, a P/E ratio of 27.35, a price-to-earnings-growth ratio of 2.03 and a beta of 1.13.
Pool (NASDAQ:POOL - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The specialty retailer reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.08. Pool had a net margin of 8.18% and a return on equity of 31.11%. The company had revenue of $987.48 million for the quarter, compared to analyst estimates of $961.04 million. Equities analysts expect that Pool Co. will post 11.32 EPS for the current year.
Pool Announces Dividend
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 1.55%. Pool's dividend payout ratio is currently 42.55%.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft started coverage on shares of Pool in a research note on Tuesday. They issued a "hold" rating and a $344.00 target price for the company. Wells Fargo & Company decreased their price objective 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, StockNews.com cut Pool from a "hold" rating to a "sell" rating in a research note on Friday, February 28th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Pool currently has an average rating of "Hold" and an average target price of $365.33.
Check Out Our Latest Research Report on POOL
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Rakuten Securities Inc. raised its stake in Pool by 2,300.0% in the 4th quarter. Rakuten Securities Inc. now owns 72 shares of the specialty retailer's stock worth $25,000 after purchasing an additional 69 shares in the last quarter. Atala Financial Inc acquired a new stake in Pool during the fourth quarter worth approximately $29,000. Sierra Ocean LLC bought a new position in Pool during the 4th quarter worth $30,000. Versant Capital Management Inc raised its holdings in Pool by 790.9% in the 1st quarter. Versant Capital Management Inc now owns 98 shares of the specialty retailer's stock valued at $31,000 after acquiring an additional 87 shares in the last quarter. Finally, FWL Investment Management LLC bought a new stake in shares of Pool during the 4th quarter valued at $39,000. 98.99% of the stock is owned by institutional investors.
About Pool
(
Get Free Report)
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.
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