Pool Co. (NASDAQ:POOL) Receives $368.00 Average Target Price from Analysts

Pool Co. (NASDAQ:POOL - Get Free Report) has earned an average rating of "Hold" from the nine brokerages that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $365.33.

A number of research firms have issued reports on POOL. Deutsche Bank Aktiengesellschaft began coverage on Pool in a research report on Tuesday. They issued a "hold" rating and a $344.00 price target on the stock. StockNews.com downgraded shares of Pool from a "hold" rating to a "sell" rating in a research note on Friday, February 28th. Finally, Wells Fargo & Company dropped their price objective on shares of Pool from $370.00 to $360.00 and set an "equal weight" rating on the stock in a research report on Tuesday, February 4th.

Pool Stock Down 0.1 %

POOL traded down $0.22 during trading hours on Monday, hitting $318.13. 382,676 shares of the company's stock were exchanged, compared to its average volume of 368,494. The firm has a market cap of $11.97 billion, a P/E ratio of 28.20, a price-to-earnings-growth ratio of 2.03 and a beta of 1.05. Pool has a 12-month low of $293.51 and a 12-month high of $403.61. The company has a current ratio of 2.05, a quick ratio of 0.77 and a debt-to-equity ratio of 0.71. The firm has a 50 day moving average of $339.95 and a 200 day moving average of $353.40.

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Pool (NASDAQ:POOL - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The specialty retailer reported $0.97 earnings per share for the quarter, topping analysts' consensus estimates of $0.89 by $0.08. The business had revenue of $987.48 million for the quarter, compared to analyst estimates of $961.04 million. Pool had a return on equity of 31.11% and a net margin of 8.18%. Analysts predict that Pool will post 11.32 EPS for the current fiscal year.

Pool Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th were issued a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 1.51%. The ex-dividend date was Wednesday, March 12th. Pool's payout ratio is 42.55%.

Insider Buying and Selling

In related news, Director De La Mesa Manuel J. Perez sold 10,000 shares of the firm's stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $346.00, for a total transaction of $3,460,000.00. Following the transaction, the director now owns 62,577 shares in the company, valued at $21,651,642. This trade represents a 13.78 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Jennifer M. Neil sold 1,223 shares of Pool stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $315.00, for a total value of $385,245.00. Following the transaction, the senior vice president now directly owns 9,667 shares in the company, valued at approximately $3,045,105. This trade represents a 11.23 % decrease in their position. The disclosure for this sale can be found here. 3.00% of the stock is owned by company insiders.

Institutional Trading of Pool

Large investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in shares of Pool by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 4,443,451 shares of the specialty retailer's stock valued at $1,514,950,000 after buying an additional 21,870 shares during the last quarter. JPMorgan Chase & Co. increased its position in Pool by 22.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,260,313 shares of the specialty retailer's stock valued at $474,886,000 after acquiring an additional 232,914 shares during the period. Wellington Management Group LLP raised its stake in Pool by 27.5% during the 4th quarter. Wellington Management Group LLP now owns 1,042,514 shares of the specialty retailer's stock valued at $355,435,000 after acquiring an additional 224,674 shares during the last quarter. Geode Capital Management LLC lifted its position in Pool by 1.4% during the 4th quarter. Geode Capital Management LLC now owns 977,862 shares of the specialty retailer's stock worth $332,566,000 after acquiring an additional 13,519 shares during the period. Finally, Invesco Ltd. grew its stake in shares of Pool by 6.2% in the 4th quarter. Invesco Ltd. now owns 763,817 shares of the specialty retailer's stock valued at $260,416,000 after purchasing an additional 44,884 shares during the last quarter. Institutional investors and hedge funds own 98.99% of the company's stock.

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.