Pool Co. (NASDAQ:POOL) Shares Acquired by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. grew its stake in shares of Pool Co. (NASDAQ:POOL - Free Report) by 4.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,222 shares of the specialty retailer's stock after purchasing an additional 968 shares during the quarter. Royal London Asset Management Ltd. owned approximately 0.06% of Pool worth $7,235,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in POOL. Rakuten Securities Inc. grew its holdings in 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 in the last quarter. Atala Financial Inc purchased a new stake in shares of Pool in the 4th quarter worth approximately $29,000. Sierra Ocean LLC bought a new position in shares of Pool during the fourth quarter valued at approximately $30,000. Brooklyn Investment Group bought a new position in shares of Pool during the third quarter valued at approximately $31,000. Finally, Private Trust Co. NA increased its holdings in Pool by 76.9% during the fourth quarter. Private Trust Co. NA now owns 138 shares of the specialty retailer's stock valued at $47,000 after buying an additional 60 shares during the period. 98.99% of the stock is owned by hedge funds and other institutional investors.

Pool Stock Down 0.8 %

NASDAQ POOL traded down $2.75 during trading on Thursday, hitting $324.18. The company's stock had a trading volume of 333,049 shares, compared to its average volume of 363,529. Pool Co. has a fifty-two week low of $293.51 and a fifty-two week high of $415.05. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.05 and a quick ratio of 0.77. The company has a market cap of $12.20 billion, a PE ratio of 28.74, a P/E/G ratio of 2.03 and a beta of 1.05. The business's 50 day simple moving average is $342.15 and its 200-day simple moving average is $354.12.

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Pool (NASDAQ:POOL - Get Free Report) last released its 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 the consensus estimate of $961.04 million. Pool had a net margin of 8.18% and a return on equity of 31.11%. On average, equities analysts anticipate that Pool Co. will post 11.32 EPS for the current fiscal year.

Pool Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th were given a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 1.48%. The ex-dividend date of this dividend was Wednesday, March 12th. Pool's payout ratio is 42.55%.

Insider Buying and Selling

In other Pool 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 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 directly owns 62,577 shares of the company's stock, valued at approximately $21,651,642. This trade represents a 13.78 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 3.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have weighed in on POOL shares. Wells Fargo & Company lowered their target price 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 cut Pool from a "hold" rating to a "sell" rating in a research note on Friday, February 28th. 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's stock. According to data from MarketBeat, Pool currently has an average rating of "Hold" and a consensus 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.