Natixis Advisors LLC Purchases 5,402 Shares of Pool Co. (NASDAQ:POOL)

Natixis Advisors LLC lifted its stake in shares of Pool Co. (NASDAQ:POOL - Free Report) by 10.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 54,876 shares of the specialty retailer's stock after purchasing an additional 5,402 shares during the period. Natixis Advisors LLC owned 0.14% of Pool worth $20,677,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. International Assets Investment Management LLC increased its holdings in Pool by 37,863.6% during the third quarter. International Assets Investment Management LLC now owns 137,808 shares of the specialty retailer's stock valued at $51,926,000 after buying an additional 137,445 shares during the last quarter. Toronto Dominion Bank boosted its stake in Pool by 16.1% in the 2nd quarter. Toronto Dominion Bank now owns 13,369 shares of the specialty retailer's stock worth $4,109,000 after purchasing an additional 1,858 shares in the last quarter. Torray Investment Partners LLC increased its holdings in shares of Pool by 16.8% during the 2nd quarter. Torray Investment Partners LLC now owns 14,128 shares of the specialty retailer's stock valued at $4,342,000 after purchasing an additional 2,034 shares in the last quarter. UniSuper Management Pty Ltd increased its holdings in Pool by 459.3% in the 1st quarter. UniSuper Management Pty Ltd now owns 2,724 shares of the specialty retailer's stock worth $1,099,000 after acquiring an additional 2,237 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC grew its holdings in shares of Pool by 81.1% during the first quarter. O Shaughnessy Asset Management LLC now owns 3,168 shares of the specialty retailer's stock worth $1,278,000 after buying an additional 1,419 shares in the last quarter. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

POOL has been the topic of a number of recent research reports. Wells Fargo & Company upped their target price on shares of Pool from $330.00 to $370.00 and gave the stock an "equal weight" rating in a research note on Monday, October 7th. StockNews.com upgraded Pool from a "sell" rating to a "hold" rating in a research note on Saturday, November 2nd. Loop Capital raised their target price on Pool from $345.00 to $395.00 and gave the company a "hold" rating in a research note on Friday, October 25th. The Goldman Sachs Group raised their price target on Pool from $365.00 to $415.00 and gave the stock a "buy" rating in a research note on Friday, July 26th. Finally, Robert W. Baird lifted their price objective on Pool from $377.00 to $408.00 and gave the stock a "neutral" rating in a report on Wednesday, October 16th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $369.11.

Pool Trading Down 0.7 %

Shares of POOL traded down $2.46 during trading on Tuesday, reaching $358.38. 194,896 shares of the company traded hands, compared to its average volume of 347,364. The company has a quick ratio of 0.77, a current ratio of 2.39 and a debt-to-equity ratio of 0.61. Pool Co. has a twelve month low of $293.51 and a twelve month high of $422.73. The stock has a market cap of $13.64 billion, a PE ratio of 31.05, a price-to-earnings-growth ratio of 2.18 and a beta of 1.01. The stock has a 50-day simple moving average of $364.43 and a 200-day simple moving average of $352.32.

Pool (NASDAQ:POOL - Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The specialty retailer reported $3.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.15 by $0.11. Pool had a net margin of 8.42% and a return on equity of 31.89%. The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the previous year, the firm earned $3.50 earnings per share. Pool's revenue for the quarter was down 2.8% on a year-over-year basis. On average, analysts anticipate that Pool Co. will post 11 earnings per share for the current year.

Pool Announces Dividend

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