Advisor OS LLC Sells 1,105 Shares of Pool Co. (NASDAQ:POOL)

Advisor OS LLC trimmed its position in shares of Pool Co. (NASDAQ:POOL - Free Report) by 45.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,323 shares of the specialty retailer's stock after selling 1,105 shares during the period. Advisor OS LLC's holdings in Pool were worth $451,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sierra Ocean LLC bought a new stake in shares of Pool during the fourth quarter valued at approximately $30,000. Brooklyn Investment Group bought a new stake in shares of Pool in the 3rd quarter worth about $31,000. Wilmington Savings Fund Society FSB bought a new stake in Pool in the third quarter worth about $60,000. YANKCOM Partnership bought a new position in Pool in the 4th quarter worth about $61,000. Finally, Hilltop National Bank grew its stake in Pool by 18.1% in the fourth quarter. Hilltop National Bank now owns 412 shares of the specialty retailer's stock worth $140,000 after purchasing an additional 63 shares in the last quarter. 98.99% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have recently commented on POOL shares. 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. StockNews.com lowered shares of Pool from a "hold" rating to a "sell" rating in a research report on Friday. Two research analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Pool presently has a consensus rating of "Hold" and a consensus price target of $368.00.

Insider Buying and Selling

In other news, Director De La Mesa Manuel J. Perez sold 10,000 shares of the company's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $346.00, for a total transaction of $3,460,000.00. Following the completion of the transaction, the director now owns 62,577 shares of the company's stock, valued at approximately $21,651,642. This represents a 13.78 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.00% of the company's stock.

Pool Stock Up 1.3 %

Shares of Pool stock traded up $4.46 on Friday, hitting $347.00. 468,654 shares of the company's stock traded hands, compared to its average volume of 396,865. The stock has a market cap of $13.21 billion, a P/E ratio of 30.76, a PEG ratio of 2.03 and a beta of 1.03. Pool Co. has a 52-week low of $293.51 and a 52-week high of $422.73. The firm's 50-day moving average is $342.99 and its 200 day moving average is $355.55. The company has a quick ratio of 0.77, a current ratio of 2.05 and a debt-to-equity ratio of 0.71.

Pool (NASDAQ:POOL - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The specialty retailer reported $0.97 earnings per share for the quarter, beating analysts' consensus estimates of $0.89 by $0.08. Pool had a return on equity of 31.11% and a net margin of 8.18%. The company had revenue of $987.48 million for the quarter, compared to analysts' expectations of $961.04 million. Equities analysts anticipate that Pool Co. will post 11.32 earnings per share for the current year.

Pool Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th will be paid a dividend of $1.20 per share. The ex-dividend date is Wednesday, March 12th. This represents a $4.80 annualized dividend and a dividend yield of 1.38%. Pool's dividend payout ratio (DPR) is 42.55%.

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.