Pool Co. (NASDAQ:POOL) Shares Sold by Rhumbline Advisers

Rhumbline Advisers cut its stake in shares of Pool Co. (NASDAQ:POOL - Free Report) by 2.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 77,099 shares of the specialty retailer's stock after selling 1,860 shares during the period. Rhumbline Advisers owned approximately 0.20% of Pool worth $26,286,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Brooklyn Investment Group purchased a new position in Pool in the third quarter worth approximately $31,000. Wilmington Savings Fund Society FSB purchased a new position in Pool in the third quarter worth approximately $60,000. YANKCOM Partnership purchased a new position in Pool in the fourth quarter worth approximately $61,000. Whittier Trust Co. of Nevada Inc. lifted its position in shares of Pool by 101.2% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 326 shares of the specialty retailer's stock worth $123,000 after buying an additional 164 shares during the last quarter. Finally, Hilltop National Bank lifted its position in shares of Pool by 18.1% during the 4th quarter. Hilltop National Bank now owns 412 shares of the specialty retailer's stock worth $140,000 after buying an additional 63 shares during the last quarter. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Pool Stock Performance

POOL stock traded down $1.95 on Friday, hitting $342.37. The company's stock had a trading volume of 394,861 shares, compared to its average volume of 376,724. The firm has a 50 day moving average of $343.85 and a two-hundred day moving average of $355.66. Pool Co. has a 1 year low of $293.51 and a 1 year high of $422.73. The stock has a market cap of $13.03 billion, a price-to-earnings ratio of 29.46, a price-to-earnings-growth ratio of 1.93 and a beta of 1.03. The company has a current ratio of 2.39, a quick ratio of 0.77 and a debt-to-equity ratio of 0.61.

Pool (NASDAQ:POOL - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The specialty retailer reported $0.97 earnings per share (EPS) for the quarter, beating 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 net margin of 8.42% and a return on equity of 31.89%. Equities analysts predict that Pool Co. will post 11.05 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

POOL has been the subject of several recent analyst reports. Stifel Nicolaus boosted their price objective on shares of Pool from $335.00 to $340.00 and gave the stock a "hold" rating in a research report on Monday, October 28th. Loop Capital boosted their price objective on shares of Pool from $345.00 to $395.00 and gave the stock a "hold" rating in a research report on Friday, October 25th. StockNews.com upgraded shares of Pool from a "sell" rating to a "hold" rating in a research report on Thursday. Wells Fargo & Company reduced their price objective on shares of Pool from $370.00 to $360.00 and set an "equal weight" rating for the company in a research report on Tuesday, February 4th. Finally, Oppenheimer boosted their price objective on shares of Pool from $380.00 to $386.00 and gave the stock an "outperform" rating in a research report on Monday, October 28th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $368.00.

Pool 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.