Pool Co. (NASDAQ:POOL) Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC increased its stake in shares of Pool Co. (NASDAQ:POOL - Free Report) by 37,863.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 137,808 shares of the specialty retailer's stock after acquiring an additional 137,445 shares during the quarter. International Assets Investment Management LLC owned approximately 0.36% of Pool worth $51,926,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Eagle Bay Advisors LLC grew its position in shares of Pool by 24.9% in the 3rd quarter. Eagle Bay Advisors LLC now owns 456 shares of the specialty retailer's stock worth $172,000 after buying an additional 91 shares during the last quarter. Private Advisor Group LLC lifted its stake in Pool by 27.3% in the third quarter. Private Advisor Group LLC now owns 1,562 shares of the specialty retailer's stock worth $589,000 after acquiring an additional 335 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in Pool by 31.9% in the third quarter. Sequoia Financial Advisors LLC now owns 2,198 shares of the specialty retailer's stock valued at $828,000 after acquiring an additional 531 shares in the last quarter. Copeland Capital Management LLC increased its position in Pool by 19.2% during the 3rd quarter. Copeland Capital Management LLC now owns 134,633 shares of the specialty retailer's stock valued at $50,729,000 after purchasing an additional 21,684 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. raised its holdings in Pool by 101.2% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 326 shares of the specialty retailer's stock worth $123,000 after purchasing an additional 164 shares in the last quarter. Institutional investors own 98.99% of the company's stock.

Analysts Set New Price Targets

Several analysts have commented on POOL shares. Robert W. Baird raised their price objective on shares of Pool from $377.00 to $408.00 and gave the stock a "neutral" rating in a report on Wednesday, October 16th. Stifel Nicolaus upped their target price on shares of Pool from $335.00 to $340.00 and gave the stock a "hold" rating in a research report on Monday. Oppenheimer boosted their price target on Pool from $380.00 to $386.00 and gave the stock an "outperform" rating in a research report on Monday. StockNews.com downgraded Pool from a "hold" rating to a "sell" rating in a report on Friday. Finally, Loop Capital upped their target price on shares of Pool from $345.00 to $395.00 and gave the stock a "hold" rating in a research note on Friday. 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 company's stock. According to MarketBeat, Pool currently has a consensus rating of "Hold" and an average target price of $369.11.

Pool Trading Up 0.6 %

Shares of POOL stock traded up $2.20 during trading hours on Monday, reaching $368.20. 59,305 shares of the stock were exchanged, compared to its average volume of 347,475. 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 Co. has a 12-month low of $293.51 and a 12-month high of $422.73. The firm has a market capitalization of $14.09 billion, a price-to-earnings ratio of 31.77, a price-to-earnings-growth ratio of 2.68 and a beta of 1.01. The company's 50-day moving average price is $359.72 and its 200-day moving average price is $352.87.

Pool (NASDAQ:POOL - Get Free Report) last announced its quarterly earnings data on Thursday, October 24th. The specialty retailer reported $3.26 EPS for the quarter, beating the consensus estimate of $3.15 by $0.11. The company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.40 billion. Pool had a return on equity of 31.89% and a net margin of 8.42%. Pool's quarterly revenue was down 2.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.50 EPS. As a group, equities analysts anticipate that Pool Co. will post 11.02 earnings per share for the current year.

Pool Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th. Investors of record on Thursday, August 15th were paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date was Thursday, August 15th. Pool's dividend payout ratio (DPR) is presently 41.31%.

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.