Pool Co. (NASDAQ:POOL) Holdings Lifted by Blair William & Co. IL

Blair William & Co. IL boosted its holdings in shares of Pool Co. (NASDAQ:POOL - Free Report) by 1.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 854,709 shares of the specialty retailer's stock after purchasing an additional 11,059 shares during the quarter. Pool makes up approximately 0.8% of Blair William & Co. IL's holdings, making the stock its 27th largest holding. Blair William & Co. IL owned about 2.23% of Pool worth $262,678,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of POOL. Taylor Frigon Capital Management LLC grew its position in shares of Pool by 0.8% in the 2nd quarter. Taylor Frigon Capital Management LLC now owns 3,544 shares of the specialty retailer's stock worth $1,089,000 after acquiring an additional 28 shares in the last quarter. Wedmont Private Capital grew its position in shares of Pool by 5.4% in the 1st quarter. Wedmont Private Capital now owns 590 shares of the specialty retailer's stock worth $236,000 after acquiring an additional 30 shares in the last quarter. Czech National Bank grew its position in shares of Pool by 0.4% in the 1st quarter. Czech National Bank now owns 6,805 shares of the specialty retailer's stock worth $2,746,000 after acquiring an additional 30 shares in the last quarter. TIAA Trust National Association grew its position in shares of Pool by 4.2% in the 1st quarter. TIAA Trust National Association now owns 747 shares of the specialty retailer's stock worth $301,000 after acquiring an additional 30 shares in the last quarter. Finally, Great Lakes Advisors LLC boosted its position in Pool by 1.2% during the 4th quarter. Great Lakes Advisors LLC now owns 2,724 shares of the specialty retailer's stock valued at $1,086,000 after purchasing an additional 31 shares during the period. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on POOL. Oppenheimer boosted their price objective on Pool from $356.00 to $380.00 and gave the company an "outperform" rating in a research report on Friday, July 26th. Stephens reduced their price objective on Pool from $425.00 to $350.00 and set an "overweight" rating for the company in a research report on Tuesday, June 25th. Loop Capital reduced their price objective on Pool from $370.00 to $305.00 and set a "hold" rating for the company in a research report on Tuesday, June 25th. Bank of America reduced their price objective on Pool from $338.00 to $290.00 and set an "underperform" rating for the company in a research report on Tuesday, June 25th. Finally, Stifel Nicolaus boosted their price objective on Pool from $310.00 to $335.00 and gave the company a "hold" rating in a research report on Friday, August 30th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $350.00.

Pool Stock Performance

Pool stock traded down $2.93 during mid-day trading on Wednesday, hitting $368.93. 336,848 shares of the company's stock traded hands, compared to its average volume of 362,205. The firm has a 50 day moving average price of $347.01 and a 200 day moving average price of $359.93. The company has a quick ratio of 0.88, a current ratio of 2.48 and a debt-to-equity ratio of 0.75. The company has a market cap of $14.14 billion, a PE ratio of 29.10, a price-to-earnings-growth ratio of 2.54 and a beta of 1.00. Pool Co. has a one year low of $293.51 and a one year high of $422.73.

Pool (NASDAQ:POOL - Get Free Report) last posted its quarterly earnings data on Thursday, July 25th. The specialty retailer reported $4.99 EPS for the quarter, topping analysts' consensus estimates of $4.90 by $0.09. Pool had a return on equity of 32.85% and a net margin of 8.58%. The company had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.74 billion. During the same quarter in the previous year, the business earned $5.89 EPS. The company's quarterly revenue was down 4.7% compared to the same quarter last year. On average, equities analysts forecast that Pool Co. will post 10.99 EPS for the current year.

Pool Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th. Stockholders of record on Thursday, August 15th were paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date was Thursday, August 15th. Pool's dividend payout ratio is presently 37.56%.

About Pool

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.