Pool Co. (NASDAQ:POOL) Position Boosted by TimesSquare Capital Management LLC

TimesSquare Capital Management LLC boosted its stake in Pool Co. (NASDAQ:POOL - Free Report) by 62.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 172,538 shares of the specialty retailer's stock after acquiring an additional 66,409 shares during the period. TimesSquare Capital Management LLC owned 0.45% of Pool worth $58,825,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. CWM LLC raised its holdings in Pool by 3.7% in the third quarter. CWM LLC now owns 777 shares of the specialty retailer's stock valued at $293,000 after acquiring an additional 28 shares in the last quarter. Empirical Finance LLC raised its holdings in shares of Pool by 3.7% during the third quarter. Empirical Finance LLC now owns 1,103 shares of the specialty retailer's stock worth $416,000 after purchasing an additional 39 shares during the period. Second Line Capital LLC raised its holdings in shares of Pool by 4.8% during the third quarter. Second Line Capital LLC now owns 853 shares of the specialty retailer's stock worth $322,000 after purchasing an additional 39 shares during the period. Venturi Wealth Management LLC raised its holdings in shares of Pool by 4.0% during the fourth quarter. Venturi Wealth Management LLC now owns 1,122 shares of the specialty retailer's stock worth $383,000 after purchasing an additional 43 shares during the period. Finally, Sugarloaf Wealth Management LLC raised its holdings in shares of Pool by 10.1% during the fourth quarter. Sugarloaf Wealth Management LLC now owns 579 shares of the specialty retailer's stock worth $197,000 after purchasing an additional 53 shares during the period. 98.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on POOL shares. Loop Capital increased their target price on shares of Pool from $345.00 to $395.00 and gave the stock a "hold" rating in a report on Friday, October 25th. Wells Fargo & Company dropped their target price on shares of Pool from $370.00 to $360.00 and set an "equal weight" rating on the stock in a report on Tuesday, February 4th. Oppenheimer increased their target price on shares of Pool from $380.00 to $386.00 and gave the stock an "outperform" rating in a report on Monday, October 28th. Stifel Nicolaus increased their target price on shares of Pool from $335.00 to $340.00 and gave the stock a "hold" rating in a report on Monday, October 28th. Finally, StockNews.com upgraded shares of Pool from a "sell" rating to a "hold" rating in a research report on Thursday. One 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. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $368.00.

Pool Stock Performance

Shares of Pool stock traded down $0.32 during trading on Friday, hitting $344.00. 780,403 shares of the stock were exchanged, compared to its average volume of 389,321. The stock's fifty day moving average is $343.47 and its 200 day moving average is $355.62. The stock has a market cap of $13.09 billion, a PE ratio of 29.60, a P/E/G ratio of 1.93 and a beta of 1.03. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.77 and a current ratio of 2.39. Pool Co. has a 12 month low of $293.51 and a 12 month high of $422.73.

Pool (NASDAQ:POOL - Get Free Report) last announced its earnings results on Thursday, February 20th. The specialty retailer reported $0.97 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.08. The firm had revenue of $987.48 million during the quarter, compared to analyst estimates of $961.04 million. Pool had a net margin of 8.42% and a return on equity of 31.89%. As a group, sell-side analysts anticipate that Pool Co. will post 11.05 EPS for the current year.

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.