Oddo BHF Asset Management Sas Takes $765,000 Position in Pool Co. (NASDAQ:POOL)

Oddo BHF Asset Management Sas purchased a new position in Pool Co. (NASDAQ:POOL - Free Report) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 2,030 shares of the specialty retailer's stock, valued at approximately $765,000.

Other institutional investors have also modified their holdings of the company. Brooklyn Investment Group purchased a new stake in Pool during the third quarter valued at about $31,000. Tortoise Investment Management LLC increased its stake in Pool by 68.9% in the second quarter. Tortoise Investment Management LLC now owns 103 shares of the specialty retailer's stock valued at $32,000 after acquiring an additional 42 shares during the period. Crewe Advisors LLC grew its holdings in shares of Pool by 232.4% in the 2nd quarter. Crewe Advisors LLC now owns 113 shares of the specialty retailer's stock worth $35,000 after purchasing an additional 79 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Pool during the third quarter worth $60,000. Finally, UMB Bank n.a. raised its position in shares of Pool by 26.2% during the second quarter. UMB Bank n.a. now owns 207 shares of the specialty retailer's stock worth $64,000 after acquiring an additional 43 shares during the last quarter. Institutional investors own 98.99% of the company's stock.

Pool Trading Down 1.8 %

Pool stock traded down $6.59 during trading hours on Friday, hitting $362.95. The stock had a trading volume of 361,259 shares, compared to its average volume of 346,313. The business's 50 day simple moving average is $367.75 and its 200-day simple moving average is $353.00. 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 one year low of $293.51 and a one year high of $422.73. The stock has a market cap of $13.81 billion, a price-to-earnings ratio of 31.23, a P/E/G ratio of 2.27 and a beta of 1.01.

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

Pool Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were given a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 1.32%. The ex-dividend date of this dividend was Wednesday, November 13th. Pool's dividend payout ratio (DPR) is 41.31%.

Analyst Ratings Changes

POOL has been the subject of a number of recent analyst reports. Loop Capital upped their price target on Pool from $345.00 to $395.00 and gave the company a "hold" rating in a research note on Friday, October 25th. StockNews.com upgraded shares of Pool from a "sell" rating to a "hold" rating in a research note on Saturday, November 2nd. Stifel Nicolaus boosted their target price on Pool from $335.00 to $340.00 and gave the stock a "hold" rating in a report on Monday, October 28th. Robert W. Baird boosted 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. Finally, Oppenheimer raised their target price on shares of Pool from $380.00 to $386.00 and gave the stock an "outperform" rating in a report on Monday, October 28th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat, Pool currently has a consensus rating of "Hold" and a consensus price target of $369.25.

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.