Pool (NASDAQ:POOL) Earns Hold Rating from Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft began coverage on shares of Pool (NASDAQ:POOL - Get Free Report) in a note issued to investors on Tuesday, Marketbeat Ratings reports. The brokerage set a "hold" rating and a $344.00 price target on the specialty retailer's stock. Deutsche Bank Aktiengesellschaft's price target indicates a potential upside of 9.19% from the stock's previous close.

Other analysts have also recently issued reports about the company. Wells Fargo & Company dropped their price target on Pool from $370.00 to $360.00 and set an "equal weight" rating on the stock in a research report on Tuesday, February 4th. StockNews.com cut Pool from a "hold" rating to a "sell" rating in a research note on Friday, February 28th. Two analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Pool presently has an average rating of "Hold" and a consensus target price of $365.33.

Pool Stock Up 0.4 %

Pool stock traded up $1.20 during trading hours on Tuesday, hitting $315.05. 789,938 shares of the stock traded hands, compared to its average volume of 372,601. Pool has a one year low of $293.51 and a one year high of $402.45. The firm's 50-day moving average price is $336.70 and its two-hundred day moving average price is $352.37. 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 company has a market cap of $11.88 billion, a PE ratio of 27.93, a PEG ratio of 2.03 and a beta of 1.13.

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

Insider Activity

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

Hedge Funds Weigh In On Pool

A number of institutional investors and hedge funds have recently made changes to their positions in POOL. Rakuten Securities Inc. boosted its stake in shares of Pool by 2,300.0% during the 4th quarter. Rakuten Securities Inc. now owns 72 shares of the specialty retailer's stock worth $25,000 after acquiring an additional 69 shares during the last quarter. Atala Financial Inc purchased a new position in Pool during the fourth quarter valued at $29,000. Sierra Ocean LLC bought a new stake in Pool during the fourth quarter valued at about $30,000. Versant Capital Management Inc increased its position in Pool by 790.9% in the first quarter. Versant Capital Management Inc now owns 98 shares of the specialty retailer's stock worth $31,000 after buying an additional 87 shares in the last quarter. Finally, FWL Investment Management LLC purchased a new position in shares of Pool during the 4th quarter valued at about $39,000. Hedge funds and other institutional investors 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.